Faraz Khan
New Delhi
Summary
ICAI-qualified Chartered Accountant with experience in internal audit, statutory audit, taxation, compliance, and financial reporting across manufacturing, NGO, and professional services environments. Skilled in Internal Financial Controls (IFC), risk assessment, GST and TDS compliance, CARO 2020 reporting, IND AS review, and audit documentation. Known for identifying control gaps, strengthening compliance processes, and preparing clear, management-ready audit observations.
Overview
5
5
years of professional experience
Work History
Internal Auditor
KSAA & Co. Chartered Accountants
Noida
10.2025 - Current
- Client: Valplast Technologies Limited (Listed Manufacturing Company)
- Executed Internal Audit covering process controls, risk assessment, IFC evaluation, and statutory compliance across all key business cycles.
- Performed vouching and verification of revenue, expenses, inventory, and fixed assets; identified misstatements, control exceptions, and compliance gaps.
- Assessed Internal Financial Controls (IFC) design and operating effectiveness; prepared Risk and Control Matrix with remediation recommendations for management.
- Prepared structured audit working papers, observation reports, and management letters documenting findings and corrective action plans.
- Client: Seva Bharat (NGO)
- Conducted Internal Audit under Income Tax Act Sections 11, 12 and 13; verified grant utilisation and programme expenses against approved budgets.
- Reviewed controls over payroll processing and TDS compliance; reported control weaknesses and compliance gaps to management.
Article Assistant
Lalit Mohan Bansal & Co.
Firozabad
09.2022 - 10.2024
- Audit and Assurance
- Assisted in Statutory Audits, Tax Audits, and CARO 2020 reporting; performed risk-based substantive testing and compliance checks as per audit programmes.
- Evaluated revenue recognition as per IND AS 115 for manufacturing clients; verified performance obligations, contract modifications, and variable consideration disclosures.
- Reviewed lease accounting under IND AS 116; verified Right-of-Use (ROU) asset recognition, lease liability computation, and related financial statement disclosures.
- Reviewed supporting documents and audit evidence for accuracy; prepared working papers and management letter points per professional standards.
- Compliance Testing and Documentation
- Conducted invoice verification and expense testing to detect misstatements, policy deviations, and unauthorised transactions.
- Performed GST reconciliation (GSTR-2A vs. books) and income tax compliance checks; identified discrepancies and escalated for timely resolution.
- Maintained audit working papers and documentation in accordance with professional standards.
Article Assistant
R P Goel & Co.
Firozabad
10.2021 - 09.2022
- Taxation and Compliance
- Assisted in preparation and e-filing of GST returns (GSTR-1, GSTR-3B, GSTR-9/9C); supported GST registrations, input tax credit reconciliations, and TDS return filings.
- Prepared Income Tax Returns for individuals and entities; assisted in advance tax computations and basic direct tax compliance under supervision.
Education
CA Final -
ICAI
01.2025
CA Intermediate - undefined
ICAI
01.2025
CA Foundation - undefined
ICAI
01.2025
B.Com (Hons.) - undefined
University of Delhi
01.2021
Class XII - undefined
Kids’ Corner Happy Sr. Sec. School
Firozabad01.2018
Class X - undefined
John Milton Public School
Agra01.2016
Skills
- Accounting Systems & ERP: Tally, SAP, Genius, Compu Office, Financial Statement Preparation, General Ledger Review, Account Reconciliation
- Taxation & Compliance: GST Filing (GSTR-1, GSTR-3B, GSTR-9/9C), Income Tax Returns, TDS Compliance, Tax Audit Support, GST Reconciliation, Direct and Indirect Tax Compliance
- Reporting & Analysis: IND AS (115, 116), Financial Reporting, Financial Analysis, Ratio Analysis, Budgeting, Variance Analysis, Financial Modeling, DCF Valuation, Accounting Advisory
- Audit & Controls: Internal Audit, Statutory Audit, IFC Assessment, Risk Assessment, Internal Controls Testing, Substantive Testing, Vouching & Verification, Risk and Control Matrix, Audit Working Papers, CARO 2020, Compliance Testing
INTERESTS
Stock Market, Cricket, Cycling, Listening to Music, Driving, Video Games, Mutual Funds
Timeline
Internal Auditor
KSAA & Co. Chartered Accountants
10.2025 - Current
Article Assistant
Lalit Mohan Bansal & Co.
09.2022 - 10.2024
Article Assistant
R P Goel & Co.
10.2021 - 09.2022
CA Intermediate - undefined
ICAI
CA Foundation - undefined
ICAI
B.Com (Hons.) - undefined
University of Delhi
Class XII - undefined
Kids’ Corner Happy Sr. Sec. School
Class X - undefined
John Milton Public School
CA Final -
ICAI