Akhil Jain

Statutory Audit

• Designed audit programs and created meticulous audit plans.
• Finalization of Books of Accounts and Review of Financial Statement, applying AS and IND AS.
• Checking of various Statutory Compliance (GST, Income Tax Act).
• Variance Analysis of Income and Expense Ledgers, Fixed Asset Registers, Contingent Liabilities, Balance Confirmation, Detailed Ledger Scrutiny, Debtors Aging Analysis.
• Drafted Consolidated Accounts for Subsidiaries and Associates.
• Checking the compliances by the company to be reported in the CARO 2020 report.
• Physical Verification of Inventories.
• Completed merger finalization.

Tax Audit

• Engaged in tax audit assignments in accordance with Form 3CD, utility filing, and uploading.
• Calculation of Net Worth, Advance Tax, and ensured Compliance of Statutory Dues.

Internal Audit

• Various Reconciliations of Balances (Bank, Debtors, and Creditors)
• Checking and verifying Internal Control related to sale, repair of cars, discount and schemes, collection and reimbursement of insurance amount, Road Tax, and Various Incentives.
• Reconciliation of Balances of Outward supplies, Inward supplies, Input Tax Credit.
• Physical verification of cash balances, cars at workshop, accessories, and spare parts.

GST Audit

• Finalized GST Audit assignments in accordance with Form GSTR 9 and GSTR 9C, utility filing, and uploading.

Bank Audit

• Assisted in the statutory audit of PSU Banks.
• Assisted in preparation of LFAR.

NBFC Audit

• Finalization of NBFC returns in accordance with Form DNBS 2, DNBS 10, and DNBS 13.
• Reconciliation of provisions on Loans and Advances.

Others

• Filing of various MCA forms such as AOC-4, AOC-4 CFS, MGT-7, AOC-4 XBRL, ADT-1, DPT-3, DIR-11, etc.
• Single-handedly filed and uploaded 200+ ITRs of Corporate and Other Non-Corporate Entities.