SAURABH KUMAR

Experience

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  M. K. Aggarwal & Co.- Chartered Accountants

  Oct 2013 - now

  SENIOR ARTICLE AND AUDIT ASSISTANT

  Key Areas Worked:Compliance of Accounting policies, Accounting standards, Listing agreements, taxation and other statutory laws applicable to respective company.Statutory, Internal, Concurrent, Tax, Stock, VAT audits of listed/unlisted companies both in PSU as well as private sector.Assisted in consolidation of accounts of domestic & foreign branches and subsidiaries.Drafting of CARO points.Assisted in correct preparation of Cost and Revenue estimates in infrastructure and IT projects.In Bank Audit Analyzed authenticity and genuineness of sanctioned advances and Corporate Proposals. Reviewed advances of vary reputed and listed companies. Part of the Central Statutory Audit Team of SBBJ having balance sheet size of over Rs. 86000 Crores and having network of over 1000 branches for the past 2 years. Audited branches having advances of more than Rs.10000 Crores. Analysis of Financial statements of borrower vis-a-vis borrower’s repayment capacity. Ensure compliance of RBI guidelines in relation to NPA and provisioning norms. Ensure compliance of end use of money in case of Term loan & Working Capital Loan. Reviewed CDR proposals viability & implementations. Calculation of sacrifice amount in case of restructured advances. Assisted in Consolidation of accounts at zone and head office level. Assisted in preparation of TEV report of companies. Reviewed compliance of RBI, FEDAI, FEMA and PMLA guidelines in respect of Forex Treasury.Other responsibilities Preparation and finalization of Company Accounts and Individual Accounts. Filing of ITR, WTR, STR and TDS returns of various corporate clients and individuals. Drafting of Income Tax Appeals for companies and individual. Assisting in Tax Planning. Filing of Annual Return and other Compliance Forms with Registrar of Companies. Financial Risk and Profitability Management. Preparation of Credit Monetary Assessment (CMA) reports for Bank purposes. Show less