Audit

Assists customers/clients with basic accounting practices. Creates financial statements using a prescribed format. Collaborates with other auditors to assure companys adherence to acceptable accounting standards. Maintains current information of tax issues and accounting statements.

– MS Office Suite, with strength in MS Excel

– Fundamental Understanding Quickbooks and US Accounting/Audit.

– Audit Planning – Risk Assessment

– Audit Execution – Checking and Reviewing Samples

– Preparation of Audit Report

– Proficiency spreadsheets,Caseware, Quickbooks

– Effective written communication skill

Associate – Review and compilations understands the difference between a preparation, a compilation and a review engagement. He identifies the objective and requirements of an engagement to prepare financial statements.

MS Office Suite, with strength in MS Excel

Fundamental Understanding Quickbooks and US Accounting/Auditing.

Fundamental Understanding of Reviews and Compilation Engagement.

20+ hours of Certificate Course/Training on Reviews and Compilations. (That Includes)

1. Understanding the differences between a preparation, a compilation, and a review engagement,

2. Recognize the applicability of Statements on Standards for Accounting and Review Services (SSARS) to various types of professional services,

3. Objectives and procedures between compilation and review engagements,

4. Identify the objective and requirements of an engagement to prepare financial statements, and

5. Recognize departures from GAAP and/or omitted disclosures.

6. Planning and Administration of the Engagement.

7. Knowledge and Understanding of the Entity’s Financial Reporting Framework.

8. Communication between Predecessor and Successor Accountant

9. Engagement Letters

10. Elements of a Review report.

11. Various reporting possibilities for review engagements.

12. Reporting Variations

Senior audit associates are required to execute all phases of the audit process, including financial analysis, planning, substantive testing, and issuance of opinion; present audit findings to management and prepare financial statements.

– MS Office Suite, with strength in MS Excel

– Fundamental Understanding Quickbooks and US Accounting/Auditing.

– Financial Audit

– HUD Audits

– Preparation of Work Papers

– Execution of Audit Procedures

– Risk Assessment – Checking and Reviewing Samples

– Preparing Reports

– Proficiency in Microsoft Office, QuickBooks Caseware

Sr. Associate – Review and compilations has the fundamental understanding of Quickbooks and US Accounting/Auding as well understanding of reviews and compilation engagement.

– Fundamental Understanding Quickbooks and US Accounting/Auditing.

– Fundamental Understanding of Reviews and Compilation Engagement.

– 20+ hours of Certificate Course/Training on Reviews and Compilations. (That Includes)

– Understanding the differences between a preparation, a compilation, and a review engagement,

– Recognize the applicability of Statements on Standards for Accounting and Review Services (SSARS) to various types of professional services,

– Objectives and procedures between compilation and review engagements,

– Identify the objective and requirements of an engagement to prepare financial statements, and

– Recognize departures from GAAP and/or omitted disclosures.

– Planning and Administration of the Engagement.

– Knowledge and Understanding of the Entity’s Financial Reporting Framework.

– Communication between Predecessor and Successor Accountant

– Engagement Letters

– Elements of a Review report.

– Various reporting possibilities for review engagements.

– Reporting Variations

Perform audits for business operations, finances, compliance with policies and procedures. Oversee audit planning and reporting activities according to established policies. Supervise audit team to ensure quality and on-time delivery. Evaluate performance of audit staffs and provide appropriate feedback.

– Perform audits for business operations, finances, compliance with policies and procedures.

– Oversee audit planning and reporting activities according to established policies.

– Supervise audit team to ensure quality and on-time delivery.

– Evaluate performance of audit staffs and provide appropriate feedback.

– Assist in risk assessment and mitigation activities.

– Organize trainings for audit team for skill development.

– Coordinate with team to review audit findings.

– Prepare reports with audit findings and recommendations.

– Assist in developing budgets and timelines for upcoming audits.

– Evaluate current audit procedures and recommend improvements.

– Evaluate and enhance internal controls to improve operational efficiency

– Communicate audit status to management on regular basis.

– Discuss with management about audit observations, recommendations and actions to be taken

– Prepare clear and complete audit work papers and store them in department repository