Ashish Garg

I have been associated with Walker Chandiok & CO LLP from last 1.5 years as Assistant Manager in Statutory Audit. During this tenure i have worked from planning till conclusion stage for finalization of Audit of financial statements. I got opportunity in handling large manufacturing and retail Industry. Below are the key areas i have been doing from 1.5 Years

• Planning of complete Audit- Assessing risks during planning stage, identifying materiality etc.
• Performing Substantive Procedures for Key Areas Like Revenue, Inventory, Accounts Receivable, Accounts Payable, Investments, Fixed Assets, Employee Benefits etc
• IN depth working of ROU and Lease Liability as per IND AS 116.
• Performing Internal Financial Controls
• Demerger of financial Statements as per IND AS 105
• Consolidation of Financial Statements
• Evaluating Company on Going Concern issues
• Preparation of Audit reports as per SA 700
• Handling Team of 5 Members

During Tenure of 1 Year at SS Kothari Mehta and Company. I have handled Statutory Audit and Tax Audit large manufacturing Industry having turnover of more than 10K crore. Below are the key areas I have been doing

• Performing Substantive Procedures for Key Areas Like Revenue, Inventory, Accounts Receivable, Accounts Payable, Investments, Fixed Assets, Employee Benefits etc
• Interim Audit of Plants
• Consolidation of Financial Statements
• Tax Audit as per Section 44 AB of income tax Act
• Arm Length Price Analysis.

At Kumar Mittal & Co. have gained experience of Audit of various NGO sectors and Section 8 Companies. Below mentioned is the summary of Projects Handled at Kumar Mitta and Company

• Statutory Audit of NGO as per FCRA Law-
• Forensic Audit of Projects
• Tax Audit of Companies
• Statutory Bank Branch Audit