Suren Naidoo (CA)SA

• Prepare and submit technical accounting memos to assist the team in the correct application of, but not limited to; IFRS 15 (Revenue recognition), IFRS 2 (Share based payment arrangements), IFRS 3 (Business combinations), IFRS 16 (leases), IAS 8 (Prior period errors), IAS 38 (Intangible assets), IAS 36 (Impairment assessment)
• Review client business cycles, identify gaps and deficiencies in each business cycle, and recommend improvements.
• Review and audit tax workings for UK based clients.
• Prepare and present training on technical IFRS, FRS102 and ISA topics to the internal team at BDO. These trainings sessions were presented locally in SA and also to the UK based team for knowledge transfer.
• Mentored team members to enhance professional development and accountability on US listed engagements.
• Building and maintaining positive relations with the BDO team to ensure that junior staff members have a positive environment to work and grow in their professional careers as young Chartered Accountants.
• Identify skill gaps in team members and set up one v one sessions to upskill these team members,
• Supervised day-to-day operations pertaining to audit quality, commercial management and audit deadlines.
• Drafted engagement letters to client and propose budgets for UK entities
• Assist the team in recovering fee overruns from the client team ie: prepare presentations on reasons for overruns and the business reason for requesting additional fees. (Commercial Management)
• Preparing reports to management and recommending improvements for future audits
• Set up and participate in meetings with the client team on a quarterly basis to discuss, internal resourcing, costs, deliverables and time lines, and best practices to meet deadlines.

• Identified control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement.
• Consulted clients on internal control systems development and audit program improvements.
• Completed audit papers by thoroughly documenting audit tests and findings.
• Prepared working papers, reports and supporting documentation for audit findings.

Finance and accounting related experience:

• Drafting of financial statements for full IFRS and IFRS for SME clients.
• Preparation of cash flow workings to support the cash flow statements included in the Annual Financial Statements
• Advise clients on technical application of accounting standards such as IFRS 16 (leases), IFRS 9 (financial instruments) and IFRS 15 (revenue recognition.
• Assist clients with the year end accounting closing process taking into account year end audit adjustments.
• Preparation and submission of tax returns for individual clients (ITR12) and for companies (ITR14).
• Preparing and submitting the IT14SD for clients when SARS selects such clients for random audits and requests supplementary information in order to finalise refunds due to the client.
• Corresponding with SARS on client related tax queries, and resolving such matters timeously to client satisfaction
• Preparation of deferred tax calculations for clients.
• Preparation and maintenance of fixed asset registers and wear and tear registers for clients.
• Assist clients with VAT related queries pertaining to Input and output VAT and advise on areas where items are not vatable or in instances where items could be classed as fringe benefits,

Assurance experience:

• Reviewed audited financial statements and working papers .
• Maintained communication clients throughout auditing process to deliver status updates.
• Trained new audit personnel to perform duties according to regulations and established procedures at the firm.
• Conducted technical reviews to verify compliance with firm quality control standards and the firms audit methodology

• Developed an understanding of the firms audit methodology, approach and finance tools while working under supervision of senior managers.
• Prepared, analyzed and verified annual reports and financial statements to facilitate risk assessment at planning stage.
• Assisted in office administration and client communication to help manage seniors workload.
• Identified major risk areas and gaps in internal controls, process notes and risk control matrices to plan and perform audit procedures.
• Reviewed clients systems and procedures for internal control to assess for compliance and signs of suspected fraud.
• Prepared management reports and other documentation to support audit opinion.
• Used Excel to create,manage and track my time spent on each engagement vs the approved budget so that the firm does not incur any overruns.
• Conducted technical and analytical reviews of tax returns to check for accuracy and compliance.
• Kept up-to-date with tax changes and industry trends by participating in professional training seminars organized by the firm.

• Complied with company and OSHA safety rules and regulations.
• Calibrated, tested, and adjusted machine settings or controls in preparation for production operations.
• Monitored machines during operation to detect sounds of malfunction or excessive vibration and adjusted machines to eliminate problems.
• Set up and ran machinery to produce exceptional products for industrial needs.
• Loaded raw materials into machines and unloaded finished products to keep manufacturing process running smoothly.