Palak Modgil

• Worked as an Associate 2 in Assurance & handled the US clients audits
• Assist in planning, execution & completion phase of the audit & received central reward for timely & adequately completion of Planning phase
• Perform Risk assessment Analytics, financial statement tie-out, cash flow statement and testing of J-Sox controls
• Increased customer satisfaction by resolving complex issues and providing exceptional service at all times

• Independently handled the Internal audit of Lovely autos group
• Assist in Preparation and submission of Cash Credit & Overdraft audit reports

• Prepared reports and material to assist with audits and assist in preparation of Financial Statements as per AS.
• Enhanced client satisfaction by providing timely and accurate financial reports.
• Supported clients during tax season by preparing necessary documentation and answering inqueries
• Conducted internal audit assignments related to Shiva Group of Industries (Listed Company) identifying control weaknesses and providing recommendations for improvement, leading to strengthened the financial system
• Assist in the complaince of ROC requirement by filing various forms

• Independently conducted Tax Audit of Private limited companies, Firms, Sole proprietorship and
  Charitable trust with turnover ranging from 10cr to 100cr
• Assist in TDS Return filing and other related statutory compliances
• Prepare & filed Income Tax Returns
• Assist in GST Compliance work like filing of GSTR-3B, GSTR-1, GST Registration, Performance of GST Audits & Preparation of GST Reconciliation
• Conduct Internal audit of Neva Garments and Lodhi Club
• Preparation and Maintenance of books of Municipal Corporation as per double entry of accounting
• Completed audits in accordance with regulations and procedures.
• Reviewed general ledgers transactions to identify errors or irregular entries.

Completed the Real Industry Assignments in Statutory Audit Domain & solved 4 tasks related to following:

• Planning & Strategy: Preparing Audit Engagement Letter as per SA 210, determing materiality as per SA 320
• Execution: Scruinity of General Ledger and finding misstatement in financial statements.
• Completion: Preparing summary of misstatements, Communication with TCWG
• Drafting Independence Audit Report as per SA 700 series, including CARO and ICFR