Sarath Menon K

Article Trainee @Varma & Varma, Chartered Accountants

Statutory Audit:• To ensure compliance with financial reporting standards and regulations• Planning and Execution of end-to-end audit engagements inaccordance with IFRS/IndAS/IGAAP and local regulations• Preparing audit working papers in compliance with SA 230, Varma audit methodology and quality standards• Assess the accuracy of financial statements and internal controls• Verify company assets, liabilities, income, and expenses. Performing analytical reviews, variance analysis, substantivetesting and verification procedures to address the auditassertions of the financial statements• Identify any discrepancies or misstatements in financial records• Prepare and present detailed audit reports with findings and recommendations• Advise on improvements to financial processes and internal controls to enhance transparency and complianceTax Audit:• Experienced in conducting comprehensive tax audits, ensuring compliance with tax laws and identifying areas for improvement.• Expertise in risk assessment, income verification, expense and deduction reviews, and tax liability calculations.• Skilled in documenting findings, preparing audit reports, and providing actionable recommendations to enhance tax compliance and internal controlsIndustries covered:• Manufacturing • NBFC• Chit Fund• Hospitality • IT• Mall• Club• Port• Hospital