CMA Sai Avinash Siripurapu

US-based Corporate Audits:

• Conducted comprehensive end-to-end audits of US organizations for the entire fiscal year.
• Prepared audit working papers and necessary documentation for the audits.
• Generated financial statements for the company in accordance with US GAAP and IFRS reporting standards.
• Participated in the review and presentation of financial statements, as per the reporting standards.
• Worked on contractor fee reconciliation.
• Possess working knowledge of QuickBooks, Tally, and Zoho software.
• Verified Forms 1099 and W-8BEN.

Internal Audits:

• Conducted stock audits for pharmaceutical companies.
• Verified and assessed inventories valued in crores.
• Implemented comprehensive stock verification procedures in accordance with industry standards.

Statutory and Financial Audits:

• Performed annual audits for various companies and Limited Liability Partnerships (LLPs) across consulting, manpower supply, and pharmaceutical sectors.
• Conducted audits for charitable trusts.
• Reconciled indirect taxes to ensure compliance with audit requirements.
• Prepared financial statements for companies in compliance with Indian Accounting Standards (IND-AS).
• Maintained complete documentation of audit work in accordance with Auditing Standards.

Conversion from Ind AS to IFRS and Group Consolidation:

• Successfully transitioned the company's financial reporting framework from Indian Accounting Standards (Ind AS) to International Financial Reporting Standards (IFRS).
• Conducted thorough assessments and implemented necessary adjustments to align with IFRS requirements.
• Consolidated the individual financial statements of various subsidiaries to prepare comprehensive, consolidated financial statements.
• Prepared and validated the elimination entries within the consolidated financial statements.
• Performed a detailed analysis to identify and classify significant subsidiaries.

Direct Taxes - Income Taxes:

• Conducted thorough tax audits of individuals and trusts, ensuring compliance with tax regulations.
• Prepared and filed income tax returns for individuals, partnership firms, and corporate entities, demonstrating expertise in various ITR forms.
• Possess strong proficiency in computing and verifying capital gains, ensuring accurate tax calculations.
• Drafted well-reasoned replies to demands raised by income tax authorities, effectively representing clients' interests.

Corporate Compliance Services:

• Formation of companies and limited liability partnerships (LLPs).
• Submission of requisite forms to the Registrar of Companies (ROC).
• Ensuring punctual adherence to statutory filing requirements.

Accounting:

- Acquired proficiency in accounting using Tally.
- Conducted internal audits and reviewed accounting on a regular basis.

Indirect Taxes – Goods & Service Tax (GST):
- Performed GST reconciliations efficiently.
- Ensured timely submission of GST returns.
- Managed the process of GST refund applications.
- Gained expertise in preparing annual GST summaries.
Stock Audit:

- Conducted periodic stock audits of stores and spare parts.
- Implemented and monitored adherence to stock maintenance and usage standards.

Percentage: 86.9%

Major in:

• Cost Accounting and Cost Audit.
• Cost Control and reduction.
• Management Audit.

Academic Achievements and Honors:

• Secured All India Rank 35 in CMA Final.
• Cleared all the three stages in the very first attempt.
• Secured Distinction in CMA Foundation.

Major in:

• Financial Accounting.
• Financial, Statutory and Tax Audits.
• Financial Reporting

Academic Achievements and Honors:

• Cleared Second Stage of Chartered Accountancy - Intermediate.
• Secured and Exemption Mark in Auditing and Assurance.
• Secured Distinction in CA - Foundation

Academic Achievements and Honors:

• Secured an overall percentage of 96.4.
• School Topper.

Academic Achievements and Honors:

• Secured an overall percentage of 94.6