Rahul Makwana

I have 3 years of experience in the Canadian energy, mining, and utilities sector, specializing in assurance services as a Senior Associate.

Key Responsibilities and Achievements:

• Managed the entire audit cycle from planning to execution and completion activities.
• Led determination of materiality and performed risk assessment analytics.
• Conducted walkthroughs of controls with clients and documented understanding of client business environments.
• Specialized in auditing significant risk areas such as:Journal entry testing, including performing sort down procedures and reviewing client controls related to unreviewed journal entries and top-side adjustments. Testing debt covenants, analyzing covenant agreements, and ensuring compliance. Consolidation processes, verifying consolidation schedules for accuracy and tying out significant component values.
• Reviewed work performed by associates and conducted final level reviews of evidence gathering activities.
• Developed effective working relationships with Canadian team personnel and gained comprehensive insights into client business and organizational structures.
• Collaborated with digital teams to design workflows aimed at reducing manual testing efforts.

• Area of work :-

1. Tax Audit

➢ Led tax audit of various client from manufacturing, trading industry , charitable trust .

➢ Detail ledger scrutiny to identify deviation from applicable accounting standard.

➢ Discussion of audit points with management, finalisation of financial statement & drafting of audit report.

➢ Ensuring compliance with income tax act & reporting in form 3CB-3CD & form 10B.

2. INTERNAL AUDIT (GOVT.)

➢ Critical assessment of Running account bills , controls placed, cases of non compliance with laid down procedure.

➢ Physical Verification of Stock & Fixed Assets.

3. SPECIAL ASSIGNMENT

➢ Representation in TDS appeal for central bank of india (Bhopal Region)

➢ TDS return filing and rectification of TDS return for central bank of india.

➢ Running account bill audit for Gujrat water supply and sewerage board.