Swapna Nagisetty

Articleship

EC & Associates, Chartered Accountants

07.2017 - 07.2020

Team lead
I have led teams during audit assignments and reviewed the work performed by team members.
Statutory Audits
Planned and performed Statutory audit assignment of various Companies by compiling SA’s
As part of Audit, performed various Auditing Procedures such as testing of controls, Substantive tests, Review of Compliances with Statutory Obligations and procedures, Walk through tests, Sampling, Analytical procedures, Accounting controls, Cash Management, Internal audit & system audit report review.
Drafting of statutory audit reports, management representation letters
Financial Reporting
Preparation and finalization of Financial statements including notes to accounts of companies as per provisions of Companies Act, 2013 and Accounting Standards.
Maintainence of books of accounts in accordance with GAAP
Prepared consolidated financial statements for a Pvt ltd company
Taxation
Handled tax audits of Companies, Partnership firms and individuals and prepared audit reports of form -3CD
Working experience in GST, TDS, Income Tax return filing
Performed GST Audit (GSTR-9C) as per requirements of GST Act
Provided expert advice on tax planning efficiently, resulting in a significant 20-40% reduction in the client’s tax liability for Individual Clients.
Filing monthly PF, ESI, Professional tax returns
Miscellaneous
Prepared External Confirmation Letters and Bank reconciliations
Prepared projected financial statements for individuals for Bank loans
Preparation of various certificates like Networth Certificates, Embassy Certificates
Filling SFT (Statement of Financial Transactions) returns annually
Advance tax calculations
Statutory registrations such as registering under GST, IT, Registrar of firms.