Shivam Bhaskar

Assistant Manager @Seth & Seth, Chartered Accountants

New Delhi, IN

Financial Reporting: Prepared and finalized standalone and consolidated financial statements in compliance with Ind AS/AS.Audit Engagements: Contributed to Statutory audits, Tax audits, and Limited Review for listed and private entities, includingdrafting audit observations and resolving client queries.Investor Support & MIS Reporting: Assisted in evaluating financial and non-financial data to assess the reliability of financialprojections. Prepared MIS reports and analysed variances between actual performance and business models, along with reasonsfor deviations.Internal Control Review: Participated in process walkthroughs, identified irregularities and red flags in books of accounts,evaluated internal control systems, and contributed to audit reports highlighting control gaps and areas for improvement.Risk-Based Audit Procedures: Involved in performing audit risk assessments, designing test of controls and substantiveprocedures, and executing sample-based audit testing in accordance with risk profiles.GST Compliance: Reconciled GSTR-1, GSTR-3B, and GSTR-2B with accounting records, and assisted in preparation of GSTR-9and GSTR-9C returns.Regulatory Compliance: Supported compliance processes for TDS, GST,15CA, DNBS-02, FLA, FATCA and ensuring alignmentwith legal and statutory requirements.Voucher Verification: Performed comprehensive verification of journal, purchase, and sales vouchers to detect inaccuracies andensure accurate ledger classification.Audit Compliance & Reporting- Assisted in preparing audit reports in line with relevant auditing standards and guidance notes- Ensured compliance with Companies Act, 2013 and CARO 2016/2020- Verified that accounting records adhered to the applicable framework (Ind AS/AS).Taxation: Assisted in preparing Tax Audit Reports (Form 3CA, 3CB & 3CD) and filing Income Tax Returns for individuals,proprietorships, and firms.