crowe horwath internationalAudit Senior
Jan. 2012 - Dec. 2014SandtonAccounting: • Initiating and effecting journal entries. • Apply correct treatment to transactions in terms of IFRS. • Preparation of audited annual financial statement. • Reconciliation of VAT and Income Tax accounts to SARS documentation. • Perform income tax calculation for accounting purposes. • Performing deferred tax calculation for accounting purposes. • Preparation of fixed asset register. • Ensuring that goods that are imported are translated at the correct rate to the Reporting currency and vat is treated correctly . Management Accounting: • Preparation of audit budgets. • Performing financial statement analysis. • Performing ratio analysis for deviation from the norm. • Ensuring costs are assigned to products correctly. Taxation: • Preparation and review of VAT returns. • Preparation and review of Income tax returns. • Review of EMP201. • Calculating taxable income of company. Auditing: • Planning the audit engagement. • Developing an overall audit plan and strategy. • Supervise and regularly review planned audit test conducted by juniors. • Provide performance feedback to juniors. • Communicate audit findings to the audit partner. • Drafting letter to management summarizing audit findings , highlighting weaknesses, consequences of weaknesses and recommendations on addressing them. • Managing auditing team on a day to day basis to ensure audit progresses as planned in regards to scope, budget and time. • Performing analytical reviews with financial information to identify risks and deviations from what was expected. • Identify weaknesses in the client’s internal control system and recommend ways of improving the system.