Associate 2 - Assurance
PriceWaterhouseCoopers
Total years of experience :3 years, 11 Months
- Taking the main day-to-day responsibility for executing the audit strategy and more detailed audit plan and controlling the nature and extent of supervision and review of the quality of fieldwork and its documentation.
- Considers whether there are any significant issues which need to be raised and brought up to the attention of the engagement manager on a timely basis throughout the course of the audit.
- Raises audit findings with management on an ongoing basis.
- Understands the client’s expectations and responds to their requests in an effort to exceed those expectations.
• Responsible for the preparation of audit strategy, setting budgets and pricing, scheduling audits, selecting staff and assigning workloads, and financial reporting for small to medium size clients.
• Acquire a working knowledge of the client’s business.
• Attending initial meetings with potential clients.
• Proactively interact with key client’s management to gather information, resolve problems, and make recommendations for business and process improvements.
• Lead client audit engagements, which include planning, executing, directing, and completing financial audits.
• Obtain a thorough understanding of IFRS and accounting/auditing standards (applied locally) and common audit procedures and techniques.
• Performing in-depth analysis for client's accounts.
• Supervise, motivate, and train audit associates and interns on audit process and provide them with counseling and career guidance.
• Research and analyze discrepancies between client’s budget and financial statements, and comparative financial statements.
• Preparation of financial statements as per the requirement of International Financial Reporting Standard (IFRS); or applied financial reporting framework.
• Review, follow-up and close out pending audit requirements, corrective actions, and adjusting entries with clients.
• Participating as a member of the audit team engaged in:
Key Governmental Project :
Supreme Education Council of Qatar :
This project was assigned to BDO-Qatar to do the year-end external audit review of 140 schools for Three fiscal years, plus reporting semi-annual compliance report for each school ensuring that they are complying to the Supreme Education Council’s manual of financial and administrative
- Handling 14 schools independently for semi-annual compliance review (May-July 2012) with providing recommendations for correcting errors discovered.
- Handling 15 schools independently for year-end audit along with annual compliance review report (Sep- Dec 2012).
Private Sector Clients:
Qatar Polymer Industrial co.
Al Shall Trading co. (Al Siddiqui group)
Wafi gourmet (Al Siddiqui group)
Al motahajiba ( Al Siddiqui group)
Chapati & Karak .
Al Majed real estate (Al Majed group)
Al Majed foodstuff (Al Majed group)
Al Moayed (Al Moayed Int. group)
Driver consult - Qatar
Kempe Qatar WLL
Al Siddiqui Inter. Group (Retail Division)
Shapoorji Palonji co. for construction
DSD Ferrometalco - Qatar branch
Othe Duties :
Prepared a full new guide about “Doing business in Qatar ” furnished on BDO-Qatar website
Attending the unloading of Australian sheep and cattle on seaport, and tracing the loading in feedlots till the slaughter in slaughter houses representing the Australian Government for ensuring that our clients are complying and meeting with OIE Code animal welfare outcomes.
- Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, errors or non-compliance with laws, regulations, and management policies.
- Daily contact for following up with client staff and other parties audit requirements.
- Inspect accounting books and systems for efficiency, effectiveness, and use of Generally Accepted Accounting Principals to record G/L transactions
- Ensuring that accountant's analysis and reconciliations matching with Final T.B amounts.
- Inspect the following accounts within its accounting cycle through sample vouching of supporting evidence or analytical procedures :
“Cash and cash equivalents, current and non-current Assets, Receivables, Advance payments, Prepaid expenses, current accounts with related parties, Payables, Accruals, Sales, Direct cost, Other income and non direct and overhead expenditures”.
- Examine inventory cycle, valuation and cost flow methods to verify existence and accuracy of cost.
- Attend year-end inventories physical counts.
- Confer with company officials about financial and regulatory matters.
- Assist Audit Supervisors in preparing, analyzing, and verifying annual reports, financial statements, and other records using Egyptian Accounting and Taxation Standards and IFRS.
- Prepare detailed reports on audit findings.
- Participating as a member of the audit team engaged in:
1) Industrial companies 4) Hospitality
Egyptian International Beverage Company. Cleopatra Hospital.
Dana Beach Resort Hurghada.
2) Construction companies Beach Albatros Garden Resort Hurghada.
Orascom British Virgin Islands. Albatros Palace Hurghada.
Orascom for Hotels & Development (Construction, Corporate, and Real Estate Segments). Albatros Golf for Hotels Management.
Orascom Holding for Hotels (OHH) Jungle Park Resort Hurghada.
Orascom for Hotels & Development (OHD) consolidated financial statement. Pick Albatros for Hotels Management.
Red Sea for Constructions. Sonesta Nile Cruises (Four floating hotels).
Sonesta Cairo Hotel.
3) Services companies Desert View Hotel Sharm El Shiekh.
Team Young & Rubicam for Advertising. Sharm for Tourism Development.
Reefy for Small Enterprises Loans. Grand Cairo for Tourism and Entertainment.
Tasweek for trade and distribution.
Auditing & Business papers - Passed 2 papers out of 4