Palak Patel

Associate 2 @PwC Acceleration Center India

Bengaluru, IN

As an experienced audit professional, I have successfully conducted comprehensive audit procedures and financial analyses for companies with turnovers exceeding CAD $350 million. My expertise includes investment testing, payroll audits, and fixed asset evaluations totaling over $210 million, delivering actionable insights to enhance asset utilization and operational efficiency.I have led revenue cut-off testing initiatives that effectively reduced revenue leakages, while discovering and reporting $1.2 million in unrecorded liabilities, facilitating improved financial risk management and regulatory compliance. By benchmarking financial performance against industry peers, I have provided strategic recommendations that significantly boosted financial outcomes.Collaborating closely with senior auditors, I assess key financial data including revenue and cost analysis to support accurate client reporting. My control testing and walkthroughs have identified control deficiencies, resulting in the implementation of corrective actions that minimize financial and operational errors.I am committed to driving efficiency by streamlining audit processes, achieving faster turnaround times without compromising quality. Proficient in applying IFRS standards, I ensure financial reporting accuracy and adherence to regulatory requirements. I also specialize in identifying financial assertions, designing and evaluating controls, and implementing risk management strategies to mitigate potential misstatements.I manage monthly balance sheet reconciliations and lead resolution of aged open items by liaising with cross-functional teams, ensuring timely risk reporting. My experience spans statutory audits, US GAAP audits, internal audits, and SOX compliance, consistently delivering timely, high-quality audit outcomes.

The Institute of Chartered Accountants of India

Chartered Accountant

Kota University, Kota

Bachelor of Commerce - BCom