Audit Associate
Grant Thornton
مجموع سنوات الخبرة :3 years, 0 أشهر
During my tenure as an external auditor at Grant Thornton, I gained extensive experience in auditing diversified clients from various industries. My role involved a comprehensive understanding of each client's business operations, enabling me to identify and assess risks across different facets of their operations.
Understanding Business Operations: I took a deep dive into the operations of each client, gaining insight into their industry-specific processes, regulatory environment, and internal control systems.
Risk Identification and Response: Through meticulous analysis, I identified potential risks that could impact the accuracy of financial reporting. Subsequently, I developed and implemented tailored audit responses to mitigate these risks effectively.
Thorough Documentation: I maintained meticulous documentation of audit procedures, findings, and evidence to ensure compliance with auditing standards and regulations.
Reporting and Communication: Upon completion of the audit, I prepared comprehensive reports outlining audit findings and recommendations. This involved regular communication with my manager and partner to ensure alignment and accuracy in reporting the audit results.
Engagement with Clients' Senior Management: I engaged in discussions with senior management, including senior managers, directors, and CFOs, to gain a holistic understanding of the business and to obtain written representations of their estimates and assertions.
Through these experiences, I honed my ability to conduct thorough and insightful audits while building effective professional relationships with clients and stakeholders at various organizational levels.
While serving as the key account manager at Maso Construction Firm, my primary duties and responsibilities included overseeing client accounts, managing projects, and nurturing strong client relationships. I successfully enhanced operational efficiency and client satisfaction by implementing strategic cost-saving initiatives and improving project management processes. One of my significant achievements was reducing construction costs by 5% compared to the actual costs incurred in the previous year. This accomplishment reflects my ability to drive tangible financial improvements and optimize project performance, ultimately contributing to the firm's overall success and profitability.
During my ACCA studies, I successfully completed a range of projects and achieved several milestones. Here is a list of projects and accomplishments I undertook during my ACCA journey: Comprehensive Understanding of Financial Reporting Standards: I have gained a complete understanding of International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), and International Standards on Auditing (ISA) through rigorous study and practical application. Expertise in UK Taxation: I have developed in-depth knowledge of UK taxation laws and regulations, enabling me to navigate complex tax implications for businesses and individuals effectively. Proficiency in Corporate Governance: My studies have equipped me with a solid foundation in corporate governance principles, enabling me to evaluate and improve the governance structures within organizations. Business Leadership Skills: Through my ACCA studies, I have honed my business leadership skills, preparing me to lead teams effectively and drive strategic decision-making processes. Project Highlight: Financial Analysis of WAH Industries Limited: As part of my studies, I conducted a thorough financial analysis of WAH Industries Limited. This project involved comparing the company's financial performance against industry norms to identify operational weaknesses. Recommendations for Improvement: After identifying weaknesses in WAH Industries Limited's operations, I formulated relevant recommendations to address the identified problems and enhance the company's overall performance. Research on Auditing Processes: I delved into the auditing processes of WAH Industries Limited, specifically focusing on how the company verifies its financial data with the assistance of its auditor, Grant Thornton Anjum Rahman, a member firm of Grant Thornton International. This research provided me with valuable insights into the audit practices of a reputable auditing firm. Overall, my ACCA studies have not only equipped me with theoretical knowledge but also practical skills in financial analysis, taxation, corporate governance, and business leadership, preparing me for a successful career in the finance and accounting industry.