Ahmed Siddique اعوان

Presently working as Assistant Manager Audit in the Assurance Department of Deloitte (KSA), and I have been involved in various types of assignments relating to Audit & Assurance, Review assignments and other related assignments in different sectors such as Manufacturing concerns and trading concerns, Financial sector and Service entities.

During my stay with Ernst and Young, UK I have served many clients including distribution clients, Technology clients, and non- banking financial institution and support services and large manufacturing concerns.

 Statutory audits which include analysis and reviews of financial statements including cash flow statements of various industry clients. Scope of work, included ensuring compliance with management policies, identification of weaknesses in the system for legal risks and examining financial statements to ensure compliance with National and International Reporting Frameworks, primarily comprising of International Financial Reporting Standards (IFRSs).

 Due diligence reviews and special assignments including performance of agreed upon procedures and preparing reports as per engagement requirements, relevant laws and International Standards on Auditing as applicable in Pakistan.

 Compilation of financial statements in compliance with IFRSs as applicable in Pakistan and Companies Ordinance 1984 while assessing various areas of financial statements such as employee benefits, taxation, foreign currency transactions etc.

 Internal Audit assignment at Pepsi Cola International, a leading beverage company in Pakistan. The engagement involved review of company’s sales, purchases and manufacturing functions to identify control deviations and weaknesses to ensure effective oversight of the operations as well as financial reporting functions.

 Sarbanes-Oxley at AES Lal Pir (Private) Limited and AES Pak Gen Company, a leading power project in Pakistan. The engagement involves the detailed understanding, documentation and testing of controls.

 Performing initial planning of the audit assignment and identifying risky areas during the process.
 Assessment of control risk and designing tests of controls in consultation with the engagement manager.
 Designing substantive procedures in consultation with the engagement manager.
 Performing the test of controls and substantive procedures, highlighting the issues/matters.
 Holding discussions with clients regarding various accounting or other matters identified during the audit.
 Reviewing work done by team members and getting it reviewed by the engagement manager and partner.
 Extensive application of the International Financial Reporting Standards and handle the accounts till finalization.
 Concluded audit and reporting of deliverables like audit report, management letters identifying control weaknesses, their implications and recommendations.