Vydyula Kousik Sarma

Associate Manager @alliantgroup

Hyderabad, IN

As an Associate Manager at Alliant Group, I perform end-to-end statutory audits for US-based private companies engaged in services, manufacturing, and construction sectors. My key duty is to ensure these audits comply with US GAAP and regulatory requirements throughout the process.I have strong expertise in handling complex areas like revenue recognition, leases, and investments. I have also helped companies in implementing new accounting standards such as ASC 842 (Leases) and ASC 326 (Current Expected Credit Losses). My in-depth understanding of these topics enables me to provide valuable guidance to clients during the transition and implementation phases.A significant part of my role involves verifying major financial statement disclosures. I ensure these disclosures adhere to applicable financial reporting frameworks and directives issued by regulatory bodies. I thoroughly review and validate the accuracy and completeness of disclosures to align them with industry best practices and regulatory norms.Moreover, I have extensive hands-on experience managing audits of over 20 Employee Benefit Plans (EBPs). For these audits, I conduct substantive testing of critical areas like contributions, distributions, loan balances, and participant data. I have also helped clients in preparing and finalizing financial statements.Apart from statutory audits, I actively contribute to due diligence and Quality of Earnings (QoE) assignments. I leverage my analytical skills and attention to detail to provide valuable insights to stakeholders. Additionally, I have practical experience in review and compilation engagements, expanding my assurance services expertise.

Institute of Cost Accountants of India

Cost and Management Accountant

The Board of Secondary Education, Andhra Pradesh (BSEAP)

High School Diploma

The Institute of Chartered Accountants of India

Chartered Accountant

Acharya Nagarjuna University (ANU), Guntur

Bachelor of Commerce - BCom