عابد Shami

• Assessed key areas of the business for VAT compliance issues and provide guidance and necessary recommendation to implement correct VAT reporting system.
• Review operations of different companies to access VAT impact and suggest changes to meet VAT compliance requirements.
• Review accounting system and identify the point of taxation, recommend changes in it and how it should be recorded.
• Assess training needs of different entities and design and deliver the VAT training to meet their needs.
• Supervise VAT registration and advice regarding formation of VAT group.
• Assist in designing systems reports to help in VAT return filling.

 Efficiently planning and conducting External Audits
 Preparing Financial Statements in accordance with IAS and IFRS
 Preparation of Consolidated Financial Statements
 Generating special reports and management letters
 Preparing Audit Working Papers as per ISAs

• Plan Audit assignments, preparing overall audit plan, allocation of work, setting timelines and supervision of audit teams
• Review audit working papers and ensure that they are according to firm and international standards
• Finalizing audited financial statements to ensure that they comply with International Financial Reporting Standards (IFRS) and fulfill other statutory reporting requirements
• Discussion of audit points and management letter with client's top management
• Preparation of audit proposals for prospective clients

• • Preparation of Financial Statements and ensuring their compliance with International Financial Reporting Standards (IFRS) and other applicable local laws and regulations.
• Monthly reporting to management regarding the activities during the month while working in Sage environment.
• Working with executives and business heads to prepare budgets and track profit / loss performance
• Preparation monthly cash budgets and order profitability reports.
• Supervise and direct other support staff regarding the work to be performed and monitoring their progress against benchmarks and to keep the management informed regarding significant variances.
• Liaising with other departments and internal auditor for financial audits and reviews as required.
• Submission of monthly sales tax returns and income tax return.
• Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities

I was involved in the following Audits and Accounts Reviews assignments apart from performance of fieldwork:
• Conduct of statutory audits
• Conduct of internal audits and designing the system of internal controls.
• Assessment of the financial statements in order to ensure their compliance with the requirements of the local laws, Regulation and International Financial reporting Framework (IFRS)
• Providing assistance to companies in the preparation of the financial statements under local statutory framework and IFRS
• Participated in annual financial review of Descon Engineering LLC
• Management Consultancy

I was also engaged on the consultancy assignments mainly:

• Preparation of audit programmes and audit manuals
• Preparation of financial and internal controls system manuals
• Project appraisal reporting as well as financial analysis of projects to ascertain their growth and viability in industry
• Preparation of standard budgets and there reconciliation with actual results