Akshay Bhatt

As a fresher in the Governance, Risk, and Control department at K C Mehta & Co LLP, I was responsible for supporting the development and implementation of governance frameworks, risk management strategies, and internal control processes. My role involved collaborating with senior team members to ensure organizational compliance and operational efficiency.

Key Responsibilities:

Governance Support:

• Assisted in the development and implementation of governance policies and procedures.

Internal Controls:

• Conducted basic internal audits under the guidance of senior auditors.
• Documented internal control processes and helped in updating control policies.

Documentation and Reporting:

• Prepared and maintained detailed documentation of governance, risk, and control activities.
• Assisted in the preparation of reports on risk assessments and internal audits.
• Helped in maintaining records of compliance activities and audit findings.

Key Achievements:

• Assisted in conducting a comprehensive risk assessment that identified key areas of improvement, leading to the development of effective risk mitigation strategies.
• Played a key role in organizing and documenting compliance audits, ensuring thorough preparation for regulatory inspections.

As an Article Assistant at Niket A Shah & Co I gained hands-on experience in Tax Audit, Taxation, and Accounting. My role involved assisting senior accountants and auditors, conducting financial assessments, and ensuring compliance with tax regulations. This position provided me with a solid foundation in various accounting practices and enhanced my practical knowledge in the field.

Key Responsibilities:

Tax Audit:

• Assisted in planning and executing tax audits for various clients, ensuring compliance with statutory requirements.
• Conducted detailed reviews of financial statements, accounting records, and internal controls.

Taxation:

• Prepared and filed income tax returns for individuals.
• Assisted in the computation of taxable income and tax liabilities.
• Conducted research on current tax laws and regulations to ensure accurate and up-to-date tax filings.

Accounting:

• Managed day-to-day accounting tasks, including bookkeeping, ledger maintenance, and bank reconciliations.
• Assisted in the preparation of financial statements, such as balance sheets, profit and loss statements, and cash flow statements.

Learning and Development:

• Attended training sessions and workshops to stay updated on changes in tax laws, accounting standards, and audit practices.
• Worked under the guidance of senior professionals to enhance my technical skills and professional knowledge.

Key Achievements:

• Successfully completed numerous tax audits, identifying key areas for financial improvement and compliance enhancement.
• Prepared accurate and timely tax returns, ensuring compliance with all regulatory requirements and deadlines.