VAT Consultant and Trainer
Horwath Mak Consulting
Total years of experience :17 years, 8 Months
• 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
