Syed Mohsin Abbas
Chartered Accountantcy
Dubai
Summary of Career
1. Carry out a full audit of an organization; including accessing risk and taking the necessary risk management steps to forestall fraud
2. Ensure control management regarding financial reliability and compliance by making sure that directions and regulations are strictly adhered to
3. Determine the scope of internal audit
4. Prepare and presents reports that clearly reflects the audit results
5. Obtain, analyze, and evaluate accounting documentation, reports, and data
6. Act objectively by giving independent advice in order to ensure legality and achieve organizational goals
7. Maintain and improve on existing open communication with the management and the audit committee
8. Assist to document the audit process and prepares audit findings
9. Assist to do a follow-up on the audit assignments giving to other auditors
10. Strive to continuously develop knowledge in the sector regarding rules, regulations, best practices, techniques and performance standards
Helping a client set up a new growth business alongside an existing business, advising on a structure that protects the existing business from inherent start-up risks, provides a readymade exit strategy and creates an environment for minimal additional tax liabilities for five years
Experience as Assistant Manager Audit & Taxation
03 April 2018
02 January 2020
• Carry out a full audit of an organization; including accessing risk and taking the necessary risk management steps to forestall fraud
• Ensure control management regarding financial reliability and compliance by making sure that directions and regulations are strictly adhered to
• Determine the scope of internal audit
• Prepare and presents reports that clearly reflects the audit results
• Obtain, analyze, and evaluate accounting documentation, reports, and data
• Act objectively by giving independent advice in order to ensure legality and achieve organizational goals
• Maintain and improve on existing open communication with the management and the audit committee
• Assist to document the audit process and prepares audit findings
• Assist to do a follow-up on the audit assignments giving to other auditors
• Strive to continuously develop knowledge in the sector regarding rules, regulations, best practices, techniques and performance standards
• Check all accounting process and clients’ databases
• Regularly update clients’ accounts so as to function properly
• Study and inspect budgets, balance sheets and other related financial records and statements
• Help to review and proffer solution to internal audit issues
• Check and verify all accounting books and records in conformity with industry standards, best practices, and corporate guidelines
• Ensure total compliance with regulatory guidelines and internationally accepted auditing standards
• Participate in meetings with different departments in order to update audit findings and improve on the audit process
• Work in a team in order to achieve the aims and objectives of the company or organization
• May work for longer hours during audit periods in order to meet certain targets
• Recommend the best and proven ways for an organization or company to avoid fraud and reduce risks
• Do a thorough analysis of the audit reports in order to find out ways how the organization can make more profits and reduce lost
• Supervise, train, and mentor staff, including interns on audit processes; and access the performance of staff
• Conduct risk assessments and also prepare risk registers for the organization or company
• Prepare financial statements and tax returns, and present same to the management
• Evaluate the internal control of the organization or company
• Work harmoniously with external auditors as requested by the organization
• Performs other related tasks as assigned by the management.
Experience as Audit Associates
01 March 2014
02 April 2018
• Continuous management of financial systems and budgets
• Undertaking financial audits
• Providing financial advice
• Liaising with clients (individuals or businesses) and providing financial information and advice
• Reviewing the company's systems and analyzing risk
• Performing tests to check financial information and systems
• Advising clients on tax planning (within current legislation to enable them to minimize their tax liability) and tax issues associated with activities such as business acquisitions and mergers
• Maintaining accounting records and preparing accounts and management information for small businesses
• Advising clients on business transactions, such as mergers and acquisitions
• Counseling clients on areas of business improvement, or dealing with insolvency
• Detecting and preventing fraud
• Managing junior colleagues
• Liaising with internal and external auditors and dealing with any financial irregularities as they arise
• Producing reports and recommendations following internal audits or public-sector audits
• Preparing financial statements, including monthly and annual accounts
• Arranging financial management reports, including financial planning and forecasting
• Advising on tax and treasury issues
Other 12 March 2018
CA (CAF) qualified from Institute of Chartered Accountants of Pakistan(ICAP)