Maryam Ejaz has over 10 years of experience in accounting and auditing. She currently works as a Financial Accountant at Servier Research and Pharmaceuticals. Previously, she worked for 3 years at Ernst & Young as a Senior Auditor where she led large audit teams and gained experience auditing various industries. She is proficient in various accounting software and has comprehensive knowledge of international financial reporting standards and auditing standards.
I am passionate finance professional with 3 years of diversified experience, delivery of services in multidimensional and multicultural working environment, combining broad exposure in all aspects of Accounting Services, Internal Audit and Other Assignments. I am Associate Chartered Certified Accountant (ACCA) and also hold Bachelor of Commerce degree. I am proficient in using SAP, Oracle R 12, Bulk Oil Accounting System, Sidat Haider, and Financial Accounting Software, Microsoft Office Tools and other computer applications.
Internal Controls over Financial Reporting in the Indian Context Bharath Rao
Section 143 of the Indian Companies Act 2013 has rewarded auditors with additional auditing responsibilities wherein assurance must be provided on the Internal Controls present in a Company's Business Environment. The Auditor must provide an opinion on the operating effectiveness of these Internal Financial Controls.
The Institute of Chartered Accountants of India has released a Guidance Note which provides the required guidance to an Auditor to conduct an Audit of the same.
This presentation deals with the legal requirement of IFCs, Auditing Responsibilities and Implementation Guides from guidance note.
This presentation was presented at the Study Circle conducted by the Mangalore Branch of SIRC of ICAI on 23rd June 2016.
I am passionate finance professional with 3 years of diversified experience, delivery of services in multidimensional and multicultural working environment, combining broad exposure in all aspects of Accounting Services, Internal Audit and Other Assignments. I am Associate Chartered Certified Accountant (ACCA) and also hold Bachelor of Commerce degree. I am proficient in using SAP, Oracle R 12, Bulk Oil Accounting System, Sidat Haider, and Financial Accounting Software, Microsoft Office Tools and other computer applications.
Internal Controls over Financial Reporting in the Indian Context Bharath Rao
Section 143 of the Indian Companies Act 2013 has rewarded auditors with additional auditing responsibilities wherein assurance must be provided on the Internal Controls present in a Company's Business Environment. The Auditor must provide an opinion on the operating effectiveness of these Internal Financial Controls.
The Institute of Chartered Accountants of India has released a Guidance Note which provides the required guidance to an Auditor to conduct an Audit of the same.
This presentation deals with the legal requirement of IFCs, Auditing Responsibilities and Implementation Guides from guidance note.
This presentation was presented at the Study Circle conducted by the Mangalore Branch of SIRC of ICAI on 23rd June 2016.
It contains regulatory provisions from Companies Act, 2013 and SEBI, Clause 49 regarding Internal Financial Controls and Internal Controls in Financial Reporting. It has been linked to the hindi movie 'Sholay' to make the technical topic little lighter for the audience.
The Companies Act, 2013 has introduced some new requirements relating to audits and
reporting by the statutory auditors of companies. One of these requirements is given under
Section 143(3)(i) of the Act which requires the statutory auditor to state in his audit report
whether the company has adequate internal financial controls system in place and the operating
effectiveness of such controls. Here is Brief and simple explanation about IFC.
This is report of my six month practicum at RACO. I hope this will help others while making their reports... If you have any confusion or query do comment below
It contains regulatory provisions from Companies Act, 2013 and SEBI, Clause 49 regarding Internal Financial Controls and Internal Controls in Financial Reporting. It has been linked to the hindi movie 'Sholay' to make the technical topic little lighter for the audience.
The Companies Act, 2013 has introduced some new requirements relating to audits and
reporting by the statutory auditors of companies. One of these requirements is given under
Section 143(3)(i) of the Act which requires the statutory auditor to state in his audit report
whether the company has adequate internal financial controls system in place and the operating
effectiveness of such controls. Here is Brief and simple explanation about IFC.
This is report of my six month practicum at RACO. I hope this will help others while making their reports... If you have any confusion or query do comment below
CV Suzanne Taal (en beknopte projectenlijst)Rumpleteaser
Ik ben een energieke, vrolijke persoonlijkheid die graag goed wil presteren. Bij complexe vraagstukken kan ik vlot verbanden leggen en snel tot de kern komen. Ik werk graag taak- en toekomstgericht naar een eind/streefdoel, denk na voordat ik iets doe en ben creatief. Een hecht team, waarbij mensen elkaar inspireren en stimuleren om te komen tot goede prestaties, vind ik erg belangrijk. Dat kunnen collega’s zijn, maar ook externe (project)teams. Het tempo en de werkdruk mogen best hoog zijn, dat houdt mij scherp en gedreven. Ik neem verantwoordelijkheid voor mijn werk, ben betrokken en loyaal.
Direct na mijn studie Bouwkunde heb ik er bewust voor gekozen om te gaan werken bij een kleinschalige organisatie om daar in het diepe te worden gegooid en zoveel mogelijk te leren. Door mijn opgedane ervaring de laatste 8,5 jaar ben ik in staat allerlei grote en kleine projecten te ontwikkelen en te (bege)leiden. Daarbij onderhoud ik contact met alle betrokkenen gedurende het proces. Van omwonenden tot overheden en van opdrachtgever tot eindgebruiker.
Een combinatie van projectontwikkeling en advieswerkzaamheden vind ik erg boeiend. Bij mijn werkzaamheden kom ik in aanraking met veel verschillende projecten, organisaties en opdrachtgevers. Zo heb ik aan projecten gewerkt in opdracht van overheden, woningcorporaties, zorginstellingen, gemeentes, aannemers, collega-ontwikkelaars en particulieren. Mede dankzij deze manier van werken heb ik inmiddels een brede ervaring opgedaan.
Mijn kennis wil ik graag gaan inzetten binnen een nieuwe, inspirerende werkomgeving. Daarom ben ik enthousiast op zoek naar een leuke vacature bij een publieke of een private partij. Mijn hart gaat daarbij uit naar een vastgoedgerelateerde functie, al sluit ik een mooie uitdaging buiten deze branche zeker niet uit.
1. Maryam Ejaz Opposite 27-M,Gulberg III,
Lahore , Punjab, Pakistan
Email: maryamejaz9@gmail.com
Mobile: +92 3224647870
CAREER OBJECTIVE
Aspire toworkin a dynamicenvironmentthatcouldgive me avariedprofessionalexposure commensurate withmyacademic
competence andaimingtobecome avital success factor of a forwardlookingorganization.
PROFESSIONAL QUALIFICATION
Particulars Institution Year Achievements / Highlights
Association of Chartered
Certified Accountant (ACCA)
Association of Chartered
CertifiedAccountant (ACCA)
2011 Completed ACCA in first attempt in 1.5 Year
CertifiedAccounting Technician Association of Chartered
Certified Accountant (ACCA)
2009 Worldwide DistinctionHolder in Financial Accounting
High Secondary Certificate (Pre-
medical)
(GCE A-levels equivalent)
Lahore Board 2008
GCE O-Levels University of Cambridge
2006 Scored 85% plus in all subjects
EXPERIENCE PROFILE
Currently,IamworkinginServierResearchandPharmaceuticals(Private)Limited (20October2014 to Date).
Workingas a Financial Accountant mykeyresponsibilities include:
Costing of RawMaterial and its recordinginSAPB1
Calculationof Cost ofSales
Preparationof monthendaccounts
SalesReportingto HeadOffice inFrance
Month endclosing ofAccounts
Processingandrecording ofsales order
Cordination withthe customers of the Company
Managing Customer Control Accounts
BeforestartingmycareerasanaccountantIworkedat Ernst& Youngfor3Years(25October2011to20 October2014) asaSenior
Auditor.FollowingweremyresponsibilitiesatErnstandYoung:
Leading large teams throughplanning, execution andcompletionstagesof audit;
Engagement planningbasedonunderstandingofthe entityand assessment of business andrelatedaudit risks;
Coordinationwithteam manager to define the extent ofplannedaudit procedures and to update on progress ofthe engagement;
Supervision, review andfinalizationofassurance engagements andspecial assignments;
Liaisonwithclient's managementandcommunicationof relevant matters to persons at appropriate level of responsibility;
Assisting clients in preparationof financial statements inaccordance withthe applicable financial reporting frameworkincludingcompliance
with International Financial Reporting Standards (IFRS), local corporate laws anddirectives of regulatoryauthorities;
On the job training andprofessionaldevelopment of staff
Following is the list of the Companies I auditedduringmy3 years at Ernst & Young:
Banking and Financial Services
Allied Bank Limited (4th largest private sector commercialbank in Pakistan)
2. I have beeninvolvedinannual statutoryaudit engagements, limitedscope reviews andagreeduponproceduresof the aforementionedfinancial
institutions.
Areas of myresponsibilityincluded :
end-to-endengagement management as team leader;
preparationof Long Form Report for submissionto State Bank Of Pakistan
ensuringthat all the stagesof Internal Control over Financial Reportinghas beencompletedbythe Bank
ensuringapplicationof IFRSincluding localreporting requirements
ensuringcompliance withlocal laws andregulations
ensuringcompliance withdirectives issued bythe State Bank ofPakistan
obtained thoroughknowledge andunderstanding ofUni-Bank and Teminos-24 (T-24)
extracted various documents relating to loans disbursedfrom LoanOperating System
Manufacturing
Pharmaceutical
ServierResearch AndPharmaceuticals [Pakistan] (Private) Limited
Being secondincharge helpedthe jobinfinalizationof the Financial Statements.
Ensuredthat junior members of the teamare carrying out all the audit procedurestimelyandeffectively.
Ensuredthat allthe manufacturedproducts are registered andlicense for importing the drugs is present with the organization.
Obtainedcomplete understanding ofthe steps and processes involvedin valuationof finished goods andwork inprogress.
CalculatedNet Realizable Value ofthe closing stock.
Checkedandrecalculated the value ofclosingstock
Performeddetailedaudit procedures on imports and ensured the Companyis complingwithDrugAct 2012.
Supervisedthe workof the teammembers onCash andBank and expenses.
Identifiedrisks associatedwiththe above mentionedaccount heads.
Checkeddesigneffectiveness andefficiencyof above mentioned account heads.
Performedanalytical procedureson allthe significant account heads.
Performedtest ofcontrolsandtest of details of myareas of responsibility.
Cool Industries ( Wave electronics,Pakistan bestselling electronic brand)
Complete understandinganddocumentationof important business processes relevant to the manufacturingindustry, whichinclude
initiation, authorization, processingandrecording ofpurchases, sales and manufacturingcycle;
Understandinganddocumentationof supplychainanddistribution functions
Sales and GP Analysis
Understandingandverificationof costing including standardcostingandits conversionto actualandweighted average
Verification of critical areaslike stocks, revenue andcost ofsales
Not For Profit Organization
Buksh Foundation
Lead the whole team as Senior In Charge andensuredeffective and timelycompletionof their respective areas
Assisted management in preparationof FinancialStatements
Beingthe JobInCharge of BukshFoundationI preparedthe Financial Statements ofthe Companyafter ensuringthat theycompliedwith
IFRS
Worked on Micro Credit LoanPortfolioanddocumentedthe processes of disbursement, recoveryand mark upcalculations
Reconciledthe microcredit portfolioin financial ledgers with reports generated bymanagement accountingsoftware
Identifiedcontrol weaknesses and “what could gowrong” andperformeddetailedanalysis onrisk associatedwithsignificant account heads
in the organization
Designed andperformedtest ofcontrolsto ensure that all associatedrisks are beingcovered
Designed andcarriedout substantive proceduresto obtainreasonable assurance
Caritas Pakistan
3. Lead the whole team as Senior In Charge andensuredeffective and timelycompletionof their respective areas
Assisted management in preparationof FinancialStatements
Beingthe JobInCharge of CaritasPakistanI prepared the Financial Statements of the Companyafter ensuring that theycomplied with
IFRS
Worked on Livelihood Program ofthe Organizationandpreparedits financialstatements on Receipt andPayment basis.
Identifiedcontrol weaknesses and “what could gowrong” andperformeddetailedanalysis onrisk associatedwithsignificant account heads
in the organization
Reviewedthe work ofother members ofthe team and ensure their work is upto the standards of Ernst andYoung
Ensuredthat other members of the teamperformedaudit procedures ontimelybasis andcomplywith the deadlines.
Assembling
The Imperial Electric Company (Private) Limited
I was involvedinidentifyingSignificant Account Headsandobtainedanddocumentedthe processes involvedintheir measurement and
recognition.
Understandinganddocumentationof supplychainanddistribution functions.
IdentifiedWhat CouldGoWrongs inthe processes and helpedthe junior members ofthe teams inidentifying test ofcontrols.
Performedsubstantive procedureson imports andcalculatedexchange gainandlossarisingon the purchases.
Obtaineddetailedunderstanding ofpurchase system ofthe organizationandidentified control weaknesses.
Obtaineda detail knowledge of SAPB1 while extractingledgers, trail, aging and purchase orders from the software.
Real Estate and Construction
Eden Homes at Lake City
Obtainedand documentedprocessinvolved inrecognizing sales andcost of sales
Ensuredthat recognitionis as per IAS11
Ensuredaccurate andcorrect interpretationofIAS11
Identifiedanddocumentedrisks involvedinrecognizingsalesandcost ofsalesandperformed and designed substantive procedures to cover
the risks identified
Assessthe opportunitiesof manipulationininterpretation ofIAS11 and tookvarious steps to cover those risks
Art
Sanjan Nagar Institute of Philosophy And Arts
Obtainedand documentedprocessinvolved inrecognizing andrecordingof expenses.
Identifiedcontrol weaknesses and risks that arisesdue to those weaknesses.
Performeddetailedaudit procedures on the expenses.
ProvidentFund
Cybersoft (Mobilink)
Obtaineddetailedunderstandingof investments made bythe fund.
Identifiedcontrol weaknesses inthe processof making newinvestments, makingpayments tothe terminatedor retired employees and
recordingof contributionmade bythe employer inthe fund.
Performedtest ofcontrolsonthe significant heads mentionedabove.
Performedsubstantive proceduresonthe account heads andprocessesmentionedabove.
SPEACIALENGAGEMENTS
As per the guidelines set out byState BankOf Pakistan, evaluated internal controls of AlliedBankLimited onEntityLevel Controls,
Operations andLoandisbursement, identifiedcontrol weaknesses, performed walkthroughs and designedrisk control matrices.
4. PROFESSIONALDEVELOPMENT
Passed various E-Learns as devised byErnst& Young for its auditand advisorypersonnel
Attended following in-house workshops and trainings devised byErnst& Young for its assurance personnel
o International Financial Reporting Standards (IFRS)
o AA1 & 2: Initial understandingofauditstrategyand execution ofaudit
o AA3: Detailed understanding ofall phases ofauditfrom planningand risk identification to conclusion phase
IT Knowledge Professional Knowledge Leadership Qualities
Experience in various industryhasenabled
me to obtainextensive anddetailed
knowledge offollowingsoftware :
1. SAPB1
2. Teminos – 24
3. Uni – Bank
Proficiencyin extracting reports and
various statements fromthe above
mentionedsoftware.
- Well versed inexcel
- GAMx was applicable onmost of the
clients I workedat (AlliedBank Limitedand
ServierPharmaceuticals). Hence, I have
thoroughand deep knowledge of the
software.
- Workedon caseware at Buksh
Foundation, Cool Industries andEden
homes at Lake City. It enhancedmy
knowledge ofthe software.
- AppliedEY RandomandMicro Start onall
my controls to extract the sample for
applying various procedures.
Comprehensive knowledge ofthe
following due topractical
implementation duringmyexperience
of 4 years :
o International Financial Reporting
Standards
o InternationalStandards on
Auditing
o EY Global Audit Methodology
o Financial Management and
Management Accounting andtheir
use in different business
environments
o System documentationandflow
charting
o DesigningTest Of Controls and
Substantive Procedures
Superviseda team ofmore than 30
people andhelpthemin carryingout
their responsibilities
Have experience of handling issuesof
different team members
Experience in meeting deadlines and
makingsure that each member achieve
his target ina specifiedtime
Delegationof audit work to the team
members accordingto the level of their
knowledge andexperience