I am currently associated with Ernst & Young Ford Rhodes Sidat Hyder, Chartered Accountants, Pakistan (A
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member firm of Ernst & Young Global Limited) in the capacity of Audit Senior in Assurance Advisory and
Business Services (AABS) division. I have been involved in various audits and special assignments working
closely with clients in understanding their financial issues, assisting in tailoring the firm as financial products to
match their needs and managing firm as resources to complete the projects.
My key responsibilities as an Audit Senior includes the following:
- Overall planning of audits, conducting initial planning meetings with clients to understand & co-develop expectations and designing audit strategies in consultation with the Engagement Partner, after assessing
the underlying audit risk in the light of the assessment of the client as overall control environment.
-Obtaining a thorough understanding of the nature of the client as business, the business and regulatory environment in which it operates, SWOT analysis, identification of critical success factors and key performance indicators, initial overall analytical review, understanding major business processes, analysis
and testing of internal controls at the interim and final stages and detailed testing of significant account balances and transactions.
- Application of International Financial Reporting Standards, Technical Standards and Generally Accepted Accounting Practices and compliance with local law requirements.
- Review and supervision of the work performed by audit team throughout the course of the audit.
- Assisting client with the preparation and presentation of financial statements including significant financial statement disclosures, in the light of the relevant reporting framework and ensuring compliance with all applicable reporting requirements.
-Direct, supervise and review work of audit staff assigned at various clients, reporting directly to managers and partners.
- Preparation of final...
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