Chirag Agarwal

About Chirag Agarwal

Work Experience at BDO India Audit Planning • Assisted in drafting Engagement Letters, Client Acceptance, and Re-acceptance for the Initial and Concurrent audit engagements. • Assisted in determining the Materiality of entities operating in service industries. • Assisted in understanding the entity- it’s a business operation, industrial positioning, and IT Environment. • Risk analysis as per revised ISA 315 – Scoping in FSAs on the basis of allocated risks. • Conducted Preliminary Analytical Reviews for the purpose of Risk Analysis. • Design and Implementation of controls for variousfinancialstatements areas. • Assisted in preparation of Form-4(Required only when the client have foreign relationships). Audit Execution • Analyze the evidence provided in support of the balance’s selection in the planning stage. • Performed checking of individual transactions, re-performing calculations, and physically verifying certain assets. • Overall analysis reporting with YOY comparison. • Substantive testing of Revenue, Purchase, Inventory, PPE, Tax, Operating Expense, Employee Benefits Expense, and Payables. • Responsible for reporting directly to Managers, Directors, and Partners. • Summary Memorandum for the reporting procedures. • Distributes the audit activities among the audit team according to audit plan asrequired Audit Conclusion • Performed re-review invoices, disbursement, and other simple and last-minute checkups on financial books of account. • Matched all the final balances of Financials statements area as per auditors working with the books of accounts. • Obtained Closing Independences from the engagement teams involved in that particular audit assignment. • Prepared the summary of all misstatements found during the planning and execution stage and have disclosed the same under Representation Letter and Management Letter. • Prepares an final audit checklists to confirms compliance against a particular standard in an organized manner like CARO 2020,SAs Checklist 2022, Accounting Standards Checklist and etc. Tax Audit • Ensure factual accuracy of information provided by assessee in Form No. 3CD, performance of required audit procedures to check the same and appropriate documentation in support of his audit report.

Experience

1. Article Intern

   BDO India

   Oct 2021 — Present · New Delhi, IN

   Statutory Auditor

Education

• Bundelkhand University

  Bachelor of Commerce - BCom, 82%

  2019 — 2022

• Christ The King College

  Class 10,Class 12, Score 84% in class 12 and 84% in Class 10 also

  2004 — 2019

• The Institute of Chartered Accountants of India

  CA Finalists, Auditing

  2019 — 2024