CA Siva Krishna Ravipati

Internal Audit :

• Define and implemented audit plans, programs, checklists and procedures covering all aspects of business operations.
• Lead and perform operational, financial audits.
• Liaise with key stakeholders, supervise teams and provide guidance as needed to junior team members.
• Evaluate and examine processes, policies and procedures and systems in place to identify risks and suggest mitigating controls.
• Recommendation of improvement opportunities to management and followup on implementation

SOX Compliance:

• Perform process walkthrough from all control owners and identifying any design gaps to mitigate process risks
• Testing of operating effectiveness
• Communication of improvement opportunities to management
• Remediation testing for failures identified in process controls
• Impact assessment in Financial statements

ITGC Testing:

• Testing of Entity level controls and domain controls like access to programs & data, change management, program development and computer operations
• Audit trail testing and backup testing
• Understanding the entity and its environment, Risk Assessment

Internal Financial Controls:

• Identifying significant account balances, process flow, risk assessment, controls
• Testing the design and operating effectiveness
• Assess the impact of findings and reporting on FS

• Conducted Statutory and Tax Audits for clients across trading, software and real estate
• Handled Statutory audits for bank branches (including currency chest)
• Insolvency Resolution process for clients (Research, Drang, ling with NCLT)
• Various Stock audit assignments on behalf of banks (verifying Inventory, Debtors, Creditors and Computation of drawing power)
• Examination of accounting entries for various clients.