Udit Khatwani

• Was part of internal audit team of REC ltd (PSU), analyzed loan disbursement register with sanction letter and found discrepancies of ₹ 1,800 crore.
• Created thorough audit reports with results, recommendations and conclusions.
• Prepared financial model for a startup Isadora for fund raising.
• Prepared tax returns for various companies and individual.

Statutory Audit & Internal Audit

• Have been part of Internal Audit team of Godawari Power and Ispat Ltd. (NSE: GPIL), Sarda Energy & Minerals Ltd (NSE: SARDAEN) and Manorama Industries Ltd. (BOM: 541974), where I performed analysis and research to compile data to submit to manager.
• Reviewed balance sheet as per IND AS.
• Analyzed input tax credit and found eligible unclaimed credit of ₹ 200 crore.
• 98% accuracy in analyzing big data according to given criteria.
• Provided administrative and management assistance to team lead and directed activities in office.

Taxation and Miscellaneous

• Filed income tax returns of companies, HNIs and trust.
• Drafted replies for income tax notices issued under various sections.
• Valued a private company for merger.

Statutory Audit & Internal Audit

• Conducted statutory audit as per AS and IND AS, certifications, tax audits, and limited reviews of financial statements of large corporate and non-corporate clients in 6+ sectors, including various industries such as FMCG, Banking, Oil & Lubricants, Automobiles, Manufacturing, Transmission.

Taxation and Miscellaneous

• Filed ITRs and Assisted in refund issues of more than ₹40 – 60 Crores.
• Preparation of Books of Accounts & Financial Statements as per AS & Schedule III including cash flows of Corporate Entities
• Built DCFs and projected statements for fundraising.