CA. AYUSH RANA

• Assisted in the completion of external audits for Fintech, Banking, and Securities Market clients based in the USA, ensuring adherence to regulatory requirements and industry standards.
• Performed testing of design, implementation and operating effectiveness of various internal controls used by the organization for different accounts.
• Performed substantive procedures on various financial statement line items.

Statutory and Internal Audit

• Company Overview: Leading CA firm headquartered in Chandigarh having more than 35 years of experience with 4 branches, 9 Partners, 250+ clientele and 50+ employees.
• Played a key role in completion of Statutory audit of various entities in various industries (Distillery and Brewery Industry, Sugar Industry, Dairy Industry and Auto spare parts Industry) for ensuring compliance with applicable laws.
• Finalization and compilation of Standalone and Consolidated Financial Statements as per Schedule III and Indian Accounting Standards/ Accounting Standards (as applicable).
• Drafted Audit Reports as per the reporting requirements of Companies (Auditor's Report) Order, 2020.
• Conducted Internal audit of various government institutions including Haryana State Warehousing Corporation and Haryana State Legal Services Authority.
• Executed statutory audit on Oracle Based ERP and Tally.

Direct Taxation

• Carried out Tax audit u/s 44AB (Form 3CA-CD and Form 3CB-CD).
• Prepared and filed Income Tax Returns of Corporates, Partnership Firms, and Individuals (ITR 1 to 7).
• Assisted in direct tax assessment u/s 143(3), 147 r.w.s 148 and litigation before Commissioner of Income Tax (Appeals) and Income Tax Appellate Tribunal by filling Form 35 and Form 36.
• Prepared written submission for various individuals, partnership firms and companies.

Others

• Preparation of Reinstated Financial Statements complying with Indian Accounting Standards and Revised Income Tax Return (ITR A) and other forms with authorities in case of amalgamation of business entities.
• Preparation of Net worth certificates.