Nkcubeko Mehlwana

• My job description is around working on audit engagements on the Commercial division which includes Listed companies in and outside of South Africa.
• My client portfolio includes Investment holding companies, Private equities, Financial Services (Immediate exposure to funds), and Fast Moving Consumer Goods.
• As an Audit senior I lead audit team and being the bridging gap between my audit team and managers, while also being the link between the team and the client we are providing the services.

Significant Sections tested include the following

• IAS 29 HyperInflation Accounting and auditing of the client workings for consolidation of the entity at group level. The resulting gain/loss after adjusting for non-monetary items as per IAS 29.
• Share Based Payments (IFRS 2) Share Appreciation Rights schemes for the biggest listed entity on the JSE that has listing in Amsterdam stock exchange and secondary listing in London. This work included performing agreed upon procedures for more than 18 schemes which included Global schemes and schemes of schemes.
• I have been exposed to working on IAS 38 and IAS 36 for Intangible Assets of financial services company in the form of funds and funds of funds book. This exposed me determination of Value in use, application of IAS 36 and determine Impairment thereof. I was able to also pick up a finding on incorrect application of IAS 36 for one of the Intangible assets on the funds book.
• I worked on EPS and Core headline earnings for a biggest entity on the JSE which included my work being reviewed by Engagement quality reviewer and Listing specialists which also gave clearance in the form of sign off for the work completed. This gave me deeper understanding and exposure to IAS 33 and JSE listing requirements which is something not taught in University.
• Collaborated with diverse teams within the member firms of Deloitte in Netherlands, Turkey, Hong Kong, Poland, Brazil and Romania.
• Supervised and coached junior team members.
• Provided peer reviews of junior team members work, including constant checks and status progress of the work to ensure that the file is completed on time, effectively and up to a high standard.

• Facilitated online tutorial sections during the Covid-19 pandemic, and the following year transitioned into a in person environment.
• Marked and invigilated term tests and assessment including weekly submissions.
• Collaborated with fellow tutors to create a supportive learning environment for all students.
• Continuously updated tutoring materials to reflect changes in curriculum, ensuring accurate information was provided to students.
• Served as a mentor for new Accounting Tutors, sharing best practices and offering guidance to ensure their success.
• Encouraged the development of strong study habits through the implementation of effective time management techniques and organizational strategies.

Here I was part of the House representation committee in our Residence.

This position included ensuring that students within the residence are well transformed in the form of diversity (race, gender, sexuality, age and even backgrounds) and the change on the environment.