CA Vedanti Ghadge

• Part of the Asset and Wealth Management audit team, conducting comprehensive audits of private equity firms for Canada-based companies, having (AUM: $20B-$1T). Assessing financial statements, ensuring adherence to industry best practices.
• Orchestrated thorough oversight of capital activity. Encompassing contributions, distributions, and rigorous testing of capital calls and distribution notices, safeguarding the integrity of financial transactions and bolstering investor confidence.
• Prepared financial statement tie-outs (FSTOs) workpaper incorporating topside adjustments.
• Recalculated financial highlights ratios to ensure accurate financial reporting.
• Implemented rigorous subscription testing procedures to scrutinize commitments, meticulously verifying accuracy and completeness to mitigate risks associated with capital deployment and ensure compliance with regulatory requirements.

Company Overview: Most renowned CA firm with 5+ partners.

Statutory Audit

• Conducted Statutory Audit of one of the companies with a turnover of more than 100cr, as well as various corporate clients. Assisted in audit planning, determining materiality, performed audit sampling, and investigation into discrepancies and irregularities.
• Scrutinized ledgers, reconciliation of opening balances, physical verification of fixed assets, and inventory.
• Ensuring compliance of CARO 2020 and Internal Financial Controls (IFC) as per standard operating procedures.
• Assisted in making Audit Report of companies belonging to different industries like Manufacturing, Retail, having turnover ranging from 10cr to 50cr.
• Performed control testing to evaluate the performance of the Internal Control System of banks.
• Inspecting safety of bank's vaults, stock audit verification, NPAs, and prepared & documented the Audit Report.
• Handled tax audit of 20+ individuals, firms, and companies and preparation of report.

Taxation

• Preparation of computation of income and filing of income tax return of individuals, firms, and companies.
• Independently handled Tax Audit of Clients and Filed online Tax Audit report.
• Preparation of GST returns, GST Annual return (GSTR-9), and GST Audit Report (GSTR-9C) for numerous clients.

Project Finance.

• Conducted quarter and year-wise financial analysis of clients based on various ratios.
• Preparation of provisional and projected financial statements, including project reports and viability certificates, for submission to banks.
• Identified and resolved discrepancies in financial statements.