Premang Rughani

□ Conducted statutory, tax, and internal audits for clients across the manufacturing, trading, and service sectors.
□ Performed vouching, verification, ledger scrutiny, and reconciliations to ensure accuracy of financial records.
□ Prepared audit working papers, audit reports, and supporting documentation in compliance with auditing standards.
□ Evaluated internal controls, identified control deficiencies, and provided recommendations for process improvements.
□ Assisted in finalisation of financial statements and GST compliance, while coordinating with clients to resolve audit
queries.

□ Conducted statutory audit of a co-operative bank with 900+ crore revenue and 180+ branches, covering interest income
recognition, NPA classification, loan restructuring, and asset quality.
□ Conducted concurrent and branch audits of listed banks, reviewing loans, advances, NPAs, and KYC compliance;
identified deviations and prepared Long Form Audit Reports (LFAR).
□ Tested Internal Financial Controls over Financial Reporting (ICFR) for listed and unlisted entities, flagging deficiencies
with financial and operational impact.
□ Led the audit and financial review of manufacturing industry with 200+ crore turnover, focusing on revenue recognition,
margin analysis, and EBITDA-impacting judgments.
□ Verified fixed asset capitalisation, disposals, and impairments (AS-28), and reviewed depreciation under Schedule II of
the Companies Act.
□ Independently executed tax audits for partnership firms and proprietorships, including ledger scrutiny, bank
reconciliations, and SA-505 debtor/creditor confirmations.