Vidhi Sahal

External Audit

• Worked in a PCAOB and AICPA clients, as a lead senior on the engagement.
• Involved in planning activities for the engagement, including account setup, scoping, and materiality activities.
• Assisted in reviewing Risk Assessment processes for the engagement.
• Worked on testing design and operating effectiveness of the internal controls, including common controls, for the engagement. Independently led walkthroughs with the client. Found control deficiency and tested remediation of such deficiency.
• Performed substantive procedures in areas such as sales, COS, derivatives, OPEX, sales advance including procedures such as test of details, substantive analytical procedures, and cycle-based testing procedures.
• Handled COS area across the board for my engagement.
• Assisted in quarter work by reviewing different footnotes supporting presentation and disclosure requirements, preparing regulatory checklist such as GAAP and SEC Checklist.
• Assisted in closing PCAOB Inspection-related questions.
• Worked with the Internal Audit Team to reduce duplicated efforts on the client side.
• Collaborated with specialists to leverage their expertise in audit for areas such as derivatives and accounts receivable, and to reduce time spent on the area.
• Helped in overall project management by delegating work appropriately, tracking the budget and actual hours to avoid inefficiency, and monitoring the overall status of work.

Internal Audit

• Preparation of Audit Plan and Audit Programme.
• Identified control gaps in processes, procedures, and systems through in-depth research and assessment and suggested methods for improvement.
• Prepared working papers, reports, and supporting documentation for audit findings.
• Evaluated design and operating effectiveness of audit areas using vouching and reconciliation.

Other Experience

• GST Audit.
• Statutory Audit.
• ROC Related work (MGT-7, AOC-4, Form DIR-12 filing, IT returns)
• Branch Audit.
• Assisted in conducting Scheme Audit.