NITESH AGARWAL

• Working with UK team on SFG (Structured Finance Group) clients , which are mostly SPV's such as Mansard and Farringdon, Hounours Group etc.
• Supervising and completing end to end audit from Planning phase to completion phase ensuring the best quality work to the client.
• Working on different IFRS, FRS and IAS accounting policies and ensuring their proper implementation on the financial statements.
• Actively participating in the day to day administrative activities which is over and above the client deliverables.
• Taking active part in the planning meetings and discussing agendas with partners which could materially affect the financial statements.

• Working with US Audit Quality review team, this team is responsible of the quality & timely delivery of the industry specific work by the audit teams to the US engagement teams.
  
• Identify opportunities to standardize and optimize audit processes across a portfolio of clients and the industry to improve efficiency.
  
• Performing Various testing under ITGC and SOC1 and SOC-2 reports so as to understand that all the attributes are being adhered to by the client and there are no exceptions noted.
  
• Having connect with US leadership on a recurring basis for discussing quality scorecard for different industries, professionals and other specific areas of AC.
  
• Strategizing and helping in framing the Audit approach to be taken for quality reviews by the team.
  
• Develop an understanding of PWC (US and AC specific) quality management procedure and ensure these are embedded in audit team's work papers.
  
• Monitor and perform key industry specific Performance quality metrics for the audit teams.
  
• Understanding scope of Acceleration centre offerings across all line of businesses to provide innovative solutions for US team's needs.
  
• Being part of Continuous Improvement sessions for the PWC AC and US Audit teams on periodical basis to share the best practices based on the recent quality issues.
  
• Being in constant connect with all the Clients over the emails and chats so as to understand and provide quality work with stringent timelines
  
• Provide clarifications to juniors and associates, train and mentor team members on industry specific audit and accounting knowledge

• Conducted Coal Audit of Vedanta Limited for FY-2019-20 in Jharsuguda (Orissa) which required detailed checking of the consumption of coal from all the three modes of transport (Rail, Truck and Ship) as raw material from various subsidiaries of Coal India (WCL, ECL, CCL etc.). I reported the total amount of discrepancies and specific areas in a PPT of over 70 pages which could save the company in crores.
  
• Conducted Statutory Audits of some reputed High Schools in Dhanbad and reported the discrepancies and audit findings to the school principal which helped save extra, futile expenses.
  
• Conducted few internal audits, of which Construction Company (NSS & Co) was the most challenging one as there were humongous transactions, and a lot of material mistakes were found during the audit which led to a good amount of monetary benefit to the client .
  
• Tax Audit and Statutory Audit of Private Limited Companies, Individuals and Partnership Firms.
  
• Project report preparation and Credit management Analysis data (CMA) for easy disbursement of loan of more than 10 lakhs to the Clients.
  
• GST return preparation which consist of filing GSTR-3B, GSTR-1 and various other returns and GST audit of clients.
  
• Conducted Corporate Social Responsibility (CSR) Audit for ITC Limited in Jhalawar (Rajasthan). Various discrepancies were found in the compliances and had the opportunity to check on site whether the CSR Funds were being applied as contracted, and was discussed with the Head of the NGO under which CSR activities were undertaken.
  
• Conducted Internal Audit of 2nd quarter of BSNL (Krishnanagar Branch), West Bengal.
  
• Conducted the Due Diligence Audit of various parties in Orissa on behalf of Rasi Seeds which is an international brand in Agricultural Sector.

• Performed audit related services for IT General Controls and Manual Controls for various clients. Managed various work requests independently in Business Process and IT Controls testing in Risk Assurance.
  
• Understanding and learning the walkthrough with the control owners and testing the design efficiency of the process followed for the Applications.
  
• Performed various testing of controls which includes User access testing, User termination testing, Change Management Testing, Password controls testing to ensure management's control over the organization such as Exxon Mobil, Kyocera Documents America, JPMC etc.
  
• Regular communication with the clients over the e-mails regarding audit work. Learning new software and applications used by the organization in the day to day business

During Articleship Training, I have handled audit assignments of various entities helping me to familiarize with various practical aspects of accounting, auditing and taxation:

Taxation

• Completed tax audit assignments for companies engaged in real estate sector, liquor & manufacturing sector
  
• Provided Consultancy to the clients on the taxation& Internal control matters, for ease of operation in business.
  
• Managed statutory filings like TDS Returns (Form 24Q, 26Q, 27Q, AOC-4, DIR-11, DIR-12) etc. for the companies
  in the real estate sector and liquor sector.
  
• Handled matters relating to TRACES (TDS notices)&worked with the compliance team in matters related to the
  
• TDS disputes and prepared advisory statements for the same
  

Statutory Audit & Internal Audit

• Assisted in the Statutory Audit of Companies from manufacturing, liquor, fly ash, Real Estate Sector.
  
• Central Statutory Audit of Bank of Baroda at Zone Level in Hyderabad (INR 5000 Crore Branch)
  
• Internal Audit and compliance review of Unishire LLP in Bangalore working in the Real Estate sector
  
• Assisted in the Service Tax Audit of Real Estate Company and submitted the papers to the department
  
• Statutory Audit of BSNL (Pipe manufacturing unit) and checked all the major compliances with the team members
  
• Assisted in tax related work such as calculation of Advance Tax, MAT, Computation of Income
  
• Been a part of various Stock Audits and Employees State Insurance Audits