M. Tauheed Khan-Acca
Internal Auditor
Sharjah
Summary of Career
1. Involved in development of the internal audit charter, Manual, and organizational risk assessment,
2. Involved in the development of the internal audit plan & program including its execution.
3. Conducting operational, financial and compliance audits
4. Periodically meeting with the Senior Management to identify areas of concern for future audits and to update the follow up on previous audits,
5. Identification of risk areas and agreeing on the scope of audit after consultation with the management.
6. Evaluating options for corrective actions to balance value addition and costs to the organization.
7. Recommending corrective action, internal control improvements and best practices for risk areas
8. Ensuring compliance with guidelines of state Bank of Pakistan.
9. Overseeing compliance of financial reporting with International Accounting Standards (IAS).
10. Involved in the management of payables through ERP system that includes creation, processing and posting of invoices as per the approved guidelines and policies.
Experience as Associate Audit and Advisory
BDO Patel & Al Saleh
11 April 2009
24 April 2012
2. ASSOCIATE AUDIT AND FINANCIAL ADVISORY 3 YEARS (DEC 2009 – DEC 2012)
BDO IBRAHIM & CO. CHARTERED ACCOUNTANTS ISLAMABAD PAKISTAN
BDO is a renowned chartered accountancy firm in Pakistan, My association with BDO facilitated me in developing knowledge of International financial Reporting Standard (IFRS), International Standards on Auditing (ISAs), Effective Audit Procedures, business process, regulatory requirement, Accounting and Internal Controls across diverse portfolio of corporate clients. Being a Senior Associate my responsibilities at BDO include:
Overall planning of audits, conducting initial planning meetings with clients to understand & co-develop expectations and designing audit strategies in consultation with the Manager, after assessing the underlying audit risk in the light of the assessment of the client’s overall control environment.
Planning internal audit on the basis of nature of operations of the project under review.
Understanding the business processes, control environment, applicable laws & regulations and the standard operating procedures/policies.
Use of a risk based approach to evaluate all core areas.
Identification of risk areas and preparing detailed procedures to address the risks.
Analysis of financial statements, comparison of actual financial performance with budgets and prior years and investigation and explanation of variances.
Management, supervision and coordination of audit work being performed by the audit teams.
Major clients include;
• Internal Audit of Peshawar Electric Supply Company Limited Pakistan.
• Statutory External Audit of Ocean/Orient Petroleum (Pvt) Ltd Pakistan.
• Statutory External Audit of Heavy Mechanical Complex (Pvt) Ltd Pakistan.
• External Audit Of Khushhali Bank Pvt Ltd Employee’s Gratuity Fund
• External Audit of Petroleum Exploration (Pvt) Ltd Pakistan.
Taxation
Online Tax Returns of individual Taxpayers and Corporation Tax returns of different National and Multinational companies.
Dealing with issues regarding tax returns and NTN etc with Regional Tax Office and Federal Board of Revenue Islamabad Pakistan.
Experience as Senior Internal Auditor
14 December 2012
05 April 2019
1. SENIOR INTERNAL AUDITOR 6 YEARS (DEC 2012 – FEB 2019)
KSSL A SUBSIDIARY OF ZARAI TARAQIATI BANK LIMITED – PAKISTAN
Responsibilities: My responsibilities included;
Involved in development of the internal audit charter, Manual, and organizational risk assessment,
Involved in the development of the internal audit plan & program including its execution.
Conducting operational, financial and compliance audits,
Periodically meeting with the Senior Management to identify areas of concern for future audits and to update the follow up on previous audits,
Identification of risk areas and agreeing on the scope of audit after consultation with the management.
Evaluating options for corrective actions to balance value addition and costs to the organization.
Recommending corrective action, internal control improvements and best practices for risk areas.
Ensuring compliance with guidelines of state Bank of Pakistan.
Overseeing compliance of financial reporting with International Accounting Standards (IAS).
I have also worked as Junior Manager Finance & Accounts department, My responsibilities included;
Involved in the management of payables through ERP system that includes creation, processing and posting of invoices as per the approved guidelines and policies.
Calculation and posting of Withholding tax as per the applicable rules and regulations in Pakistan.
Preparation and analysis of financial statements, account summaries and reports.
Reconciliation of all general ledger accounts related to receivable, reserves and accruals accounts.
Preparation of journal entries, allocations, accruals and financial reports.
Supervision of payroll staff in preparation of payroll record and authorize the work of staff.
Calculation and submission of annual tax returns including monthly withholding tax returns of the organization.
Maintenance of fixed asset registers including depreciation, additions, deletions and other calculations.
Master 01 October 2012
Member of Association of Chartered Certified Accounts England-United KingdomBachelor 01 May 2007
Bachelor In Commerce University of the Punjab