Tanurag Dangi

About Tanurag Dangi

As an Audit Senior/Assistant Manager at Deloitte India (Offices of the US), my focus lies…

Experience

1. Audit Senior Assistant

   Deloitte

   Oct 2024 — Present · Gurugram, IN

   Ongoing Project: Morgan Stanley Engagement• Performed audit procedures for Collateralized Transactions (including Stock Borrowed/Stock Loaned and Repo/Reverse Repo Transactions), ensuring accurate valuation, proper documentation, and maintenance of internal control within organization, compliance with relevant accounting standards and regulatory requirements.• Reviewed and tested SEC Rule 15c3-3 Reserve computations, verifying the adequacy of customer protection measures and the segregation of client assets in accordance with regulatory guidelines.• Coordinated with the tax team to discuss transaction implications, facilitating knowledge-sharing and ensuring that audit findings reflected both accounting and tax considerations at the time of trade settlement with counterparties.• Analyzed settlement processes for trades involving counterparties, evaluating the impact on financial reporting, regulatory compliance, and tax positions.Project 2:(Jefferies Finance LLC Engagement)• Performed comprehensive Cash and Investment testing procedures as part of year-end audits, including preparing and managing external confirmations to banks (such as Bank of New York), validate cash and investments held balances and ensure accuracy of financial statement disclosures.• Audited Loan Receivable financial statement line items, assessing valuation, collectability, and compliance with applicable accounting standards and firm policies.• Evaluated tax exposures related to loan transactions, identifying potential tax risks and opportunities, and ensuring proper documentation for audit and compliance purposes.• Led audit procedures for Jefferies Direct Lending Funds Subsidiaries, including substantive testing of Investments, review of supporting documentation, and assessment of year-end financial reporting.

Education

• The Institute of Chartered Accountants of India

  Chartered Accountants

  2017 — 2024