Yashvi Dave

• Performed finalisation of financial statements and preparation of workpapers
• Preparation of monthly IAS (Instalment Activity Statement)
• Preparation of BAS (Business Activity Statement)
• Preparation of Individual tax returns, Company tax return and Trust tax return on XPM
• Payroll processing
• Bookkeeping
• Preparing financial statements, tax returns, and workpapers for SMSF.

SMSF Audit

• Audit preparation - Conducted thorough audits of Self-Managed Superannuation Funds (SMSFs) in accordance with the SISA (Superannuation Industry Supervision Act) 1993.
• Quality assurance - Primary responsible to review and assess the audit work performed by team to ensure it meets regulatory standards, professional guidelines, and firm policies. This involves examining audit documentation, financial statements, and compliance reports.
• Workflow management - Effectively managing the workflow to ensure timely completion of the audit. Lead initiatives to implement changes and improvements, measuring their impact on workflow efficiency and audit quality.
• Training and Development - Delivered training sessions to enhance the skills and knowledge of junior auditors, ensuring adherence to quality standards and efficiency in audit engagements.
• Audit Software used – Online SMSF Audit, My workpapers, Cloudoffis

SMSF Accounting

• Experience in preparing financial statements, tax returns, and workpapers for SMSFs.
• Accounting software used – Class super, BGL 360, Handi ledger

• Concurrent Audit (Bank of Baroda) - Managed audit of 2 branches independently - Credit department, Operations, revenue leakage, Physical cash verification.
• Statutory Audit of Listed Company (Shalby Ltd) - Responsible for Review of financials of subsidiaries, Ledger scrutiny, Statutory compliances like TDS & GST, provision of expenses, Bank Reconciliation Statement, Depreciation working in accordance with Companies Act, 2013, write off and write back of Long outstanding debt and creditors, computation of DTA / DTL and physical verification of Cash
• Statutory Audit of Trust (IIMA) - Review of Financials as prescribed by MHRD, Verification of asset valuation – Projects under construction, assets received by way of Gift/Donation/Grant, assets created out of Earmarked funds or sponsored projects, Classification of Investment, Calculating interest income and its valuation, Verification of Remittance to Non-Resident – Submission of Form 15CA – CB
• Internal Audit
• Evolutionary System Private Ltd - HR Audit, Expense Audit, Project Management Office and Client Relationship Management
• Reliance Communications Ltd - Verification of Commission and Rent
• Reliance Fresh/Smart/Trends/Steve Madden - Comparing MOP sales with SAP, verification of f Inward register and SAP of goods inward, checking TCS on Scrap sales, Petty cash reimbursement, Physical cash verification and other daily store operations
• GST Audit (IIMA and Bloom Packaging Private Limited) - Purchase and Turnover reconciliation, verification of ITC claimed, identification of RCM transactions
• Internal Controls over Financial Reporting (Sintex Industries Ltd – Yarn division and Plastic division) - Understanding Business processes as per Standard Operating procedure such as Order to Cash, Procurement to Payment, HR & Payroll, Fixed Assets, Inventory Management, Taxation and Operating expenditure, Preparation of Master Risk and Control Matrix (MRCM) and testing controls.