Understanding IPO Regulations: Develop a strong understanding of the regulatory framework governing IPOs, including SEBI (Securities and Exchange Board of India) regulations, listing requirements, and other applicable laws. Financial Statement Scrutiny: Assist in the review and analysis of financial statements of companies preparing for IPO, ensuring compliance with accounting standards (Indian GAAP, Ind AS, IFRS - as applicable) and regulatory requirements. Due Diligence: Participate in due diligence exercises, including reviewing financial records, contracts, and other relevant documents to identify potential risks and areas of concern. Documentation: Prepare and maintain proper documentation related to the IPO audit process, including audit programs, working papers, and reports. Research: Conduct research on industry trends, competitor analysis, and regulatory updates relevant to the client companies. Client Interaction: Interact with client personnel to gather information, clarify queries, and build professional relationships. This will often be under the supervision of senior team members. Assisting Seniors: Support senior team members in various audit tasks, including substantive testing, analytical procedures, and report preparation. Adherence to Standards: Ensure adherence to the firm's audit methodologies, quality control procedures, and ethical standards. Continuous Learning: Proactively seek opportunities to learn and develop technical skills related to IPO audits and the broader financial reporting landscape.