Internal Audit Exposure:

 Assessment of control risk and designing the tests of controls for specific areas in consultation with the engagement manager.

 Ensuring properly scheduled and Pre-planned audit of 30 units of the company including Head Office with the consultation of management.

 Performing the test of control and substantive procedures highlighting the issues/ matters in each unit of company and recommending solutions through direct reporting to higher management.

 Identify loopholes and recommend risk aversion measures and cost savings.

 Ensure safeguarding of Company's Assets by putting efficient controls and verification systems.

 Continuously visiting each unit according to the schedule set by management.

 Prepare report and supervise whole audit process and team work.

 Ensure proper documentation and accuracy of final settlement cases through pre audit process

 Ensure settlement of provident fund in all final settlement cases.

 Ensure accuracy of salaries by thoroughly checking all the deductions like provident funds, income tax and mess expenses.

 Audit of LCs and make sure the attachment of all export’s documents.

 Audit of Short term running finances and long term debts.

 Perform Income Tax and Advance payment Reconciliations.

 Perform Weekly Cash Count of Head Office.

 Make sure accurate Deduction of Income tax on Supplies & Services

 Prepare reconciliations of receive and dispatches of company’s items from head office to its units.

 Responsible for audit of Bank reconciliation statements.

 Reconcile intra company’s ledgers.

 Responsible for updating fixed assets register and conducting stock count of every unit visited.

• Ensure development and effective running of Company's System by designing SOPs, clarification in hierarchy and proper depart-mentation.
• Assessment of control risk and designing the tests of controls for specific areas in consultation with the engagement manager.
• Performing the test of control and substantive procedures highlighting the issues/ matters and recommending solutions through direct reporting to higher management.
• Identify loopholes and recommend risk aversion measures and cost savings.
• Ensure safeguarding of Company's Assets by putting efficient controls and verification systems.
• Attending and supervising annual/monthly physical stock counting including cash counting. Also verifying the
valuation of stores, spares and loose tools and stock in trade.
• Ensure accuracy of transactions related to Petty cash through management involvement and proper verification.
• Verification of every voucher through pre and post Audit and ensure proper documentation.
• Identification of Weaknesses in Company's Accounting software and recommendation of solutions directly to
higher Management.
• Assessing how well the business is complying to rules and regulations and informing management whether any
issues need addressing.
• Preparing Audit reports to highlight issues and problems and distributing the reports to the relevant people.
• Provide training to company's staff by providing them written structures or by verbal communication.
• Reconciliation of supplier's ledgers with company's ledgers.
• Perform monthly audit of BMRs and ensure completion and proper documentation.

• Audit planning, execution, and finalization of Company’s financial statements in accordance with International Accounting Standards, International Auditing Standards including International Financial Reporting Standards and comply with requirements of Companies Ordinance 1984 and Income Tax Ordinance -2001
• Interpretation of elements of financial statements like;
• Entity’s financial position (Liquidity and solvency analysis);
• Entity’s financial performance (Profitability analysis); and
• Statement of cash flow (working capitals’ management)
• Assessment of client’s financing facilities, availed from financial institutions under markup agreement like fixed assets finance, demand finance, running finance, cash finance, EOP-LTF etc.
• Evaluating the liabilities of the Company covered under lease agreements under IAS-17
• Evaluation of Company’s Stock in trade under IAS-02

Client Portfolio:
• Interloop (PVT) Ltd.
• Punjab Oil Products Private Limited
• Tehreek Fahmul Quran Trust
• Artec (PVT) Ltd.
• Bharara Textile
• Moon Textiles (PVT) Ltd.
• Fast University Faisalabad
• Chenab Secutrity (PVT) Ltd.
• Abid Air International (PVT) Ltd.
• Abiha Fatima International (PVT) Ltd.

Internal Audit Exposure:

I have worked as a member of the internal audit team conducting audit at Interloop Limited (the largest socks manufacturer in the continent). Being member of audit team there, i got diversified experience regarding all the things available for learning there. Major areas are highlighted as follows:
• Stock Takings in Hosiery and Spinning
• Review of application of internal controls
• Assisting in the preparation of internal audit reports