Audit Associate

Talati and Talati LLP Chartered Accountants is looking for Audit Associate to join our dynamic team and embark on a rewarding career journey

Financial Examination: Conducting detailed reviews of financial records, including income statements, balance sheets, cash flow statements, and supporting documentation, to identify discrepancies and errors.

Risk Assessment: Evaluating the internal controls and risk factors within an organization to determine the scope and focus of the audit.

Compliance Review: Ensuring that financial statements and accounting practices adhere to applicable accounting standards, regulations, and industry-specific guidelines (eg, Generally Accepted Accounting Principles, International Financial Reporting Standards).

Sampling and Testing: Selecting samples of financial transactions and performing substantive tests to assess the accuracy and validity of financial data.

Documentation: Maintaining thorough and organized audit workpapers, documenting audit procedures, findings, and conclusions to support audit opinions.

Communication: Interacting with clients or internal stakeholders to gather information, explain audit procedures, and discuss audit findings and recommendations.

Audit Reports: Preparing audit reports summarizing findings, observations, and recommendations for improvements, and discussing them with relevant parties.