ITEE GUPTA
Gurugram
Summary
Chartered Accountant with over three years of experience in Financial Reporting Advisory Services across varied industries and sectors.
Overview
5
5
years of professional experience
Work History
Assistant Manager
KPMG Global Services
Gurugram
07.2025 - Current
- Prepared a comprehensive technical paper on share-based payments in compliance with IFRS 2, covering key recognition and measurement.
- Authored a detailed white paper on consolidation procedures under DAS 217, focusing on the application of control principles.
- Currently developing a standardized reporting template based on IFRS 18, aimed at aligning financial statement presentation and performance metrics with the new requirements, including disaggregation of income and enhanced disclosure elements.
Assistant Manager
Grant Thornton Bharat
08.2024 - 07.2025
- Analyzed and prepared a report on IFRS 2 incorporating accounting treatment for a share-based payment plan, advising the client on recognition, measurement and financial statement impact to ensure compliance for a financial services entity.
- Prepared an accounting white paper, analysing the capitalization of contract costs incurred under a PPP arrangement by applying the requirements of IFRS 15 for a publicly held company engaged in water management services.
- Developed a comprehensive white paper examining changes in functional currency for a fintech entity and its accounting implications by applying the relevant provisions of IAS 21.
- Evaluated treatment of a retirement village for a real-estate entity using AASB 9, AASB 140, and AASB 16. This analysis facilitated the recognition of embedded leases and investment properties in the lessor's financial statement.
- Authored an accounting white paper for a consumer products entity, analyzing the accounting treatment of a management incentive plan in accordance with IFRS 2. The analysis enabled the client to accurately record the effects of the share options plan and ensure compliance with accounting requirements.
- Authored an accounting whitepaper for a healthcare industry, determining the date of acquisition in accordance with IFRS 3 and control principles of IFRS 10.
- Designed an illustrative accounting model under IFRIC 12 for a public transportation company preparing to bid for a Design, Build and Operate road network project.
Consultant
Grant Thornton Bharat
03.2021 - 07.2024
- Engaged in the business combination adjustments to facilitate the development of consolidated financial statements within the education sector with acquisition size of more than USD 20 million.
- Computed Non-Controlling Interest (NCI) for the largest airlines in India to accurately account for the non-equity stake in the company during the business combination and upon the subsidiary's divestment by applying the provisions of Ind AS 103 and Ind AS 110.
- Prepared cash flow statements for the consolidated financial statement of more than 10 entities to incorporate across diverse sectors including locomotives, cargo and logistics.
- Evaluated the impact of Ind AS 115 on revenue streams for a MNC that diverse across dealership of auto components, 3 wheelers and is engaged in waste management services ensuring accurate recognition and compliance with Ind AS 115.
- Utilized a lease management tool to account for lease modifications and early terminations for more than 20 leases.
Education
Chartered Accountant -
Institute of Chartered Accountants of India
India12-2021
Bachelor of Commerce(B.com) -
Kamla Nehru Institute of Physical and Social Sciences
Sultanpur01.2019
12th -
Stella Maris Convent School
Sultanpur01.2016
10th -
Stella Maris Convent School
01.2014
Skills
- Advanced MS Excel
- Basic Power BI & DAX
- Lease tools
- Consolidation tool
- Client Relationship and Management
- Team Management
- Project Management
Websites
Accomplishments
Spot Award, Within 1 year of joining the firm for successfully managing and completing a consolidation project, including client management.
Timeline
Assistant Manager
KPMG Global Services
07.2025 - Current
Assistant Manager
Grant Thornton Bharat
08.2024 - 07.2025
Consultant
Grant Thornton Bharat
03.2021 - 07.2024
Chartered Accountant -
Institute of Chartered Accountants of India
Bachelor of Commerce(B.com) -
Kamla Nehru Institute of Physical and Social Sciences
12th -
Stella Maris Convent School
10th -
Stella Maris Convent School