Ananya Chaudhary

Key Responsibilities:

• Conducted financial audits of government agencies and local councils in NSW for compliance with regulations and standards.
• Evaluated financial statements for accuracy, completeness, and reliability.
• Developed and executed audit plans and risk assessments tailored to specific agencies.
• Collaborated with cross-functional teams to gather necessary data for audits.
• Prepared detailed reports summarizing findings and drafted management letters with recommendations for improvement.
• Analyzed internal controls and suggested enhancements to operational efficiency.
• Provided guidance to management on best practices for financial reporting and compliance.

• Executing statutory audits in line with professional standards and internal methodologies, focusing on the accuracy and compliance of financial reports
• Using data analytic tools like IDEA and Power BI to analyze financial data, detect anomalies, and identify areas of risk
• Collaborating with clients and internal teams to ensure timely, high-quality audit deliverables, adhering to audit methodologies and regulatory frameworks
• Assisting in the preparation of financial statements and internal audit reports, recommending process improvements to enhance control efficiencies
• Participating in audit planning and contributing to the design and implementation of audit processes to meet client requirements
• Supporting internal control testing to ensure operational effectiveness, identifying critical issues and escalating as necessary

• Conducted substantive testing and analytical procedures to assess the accuracy of financial reports, ensuring compliance with the Australian financial reporting framework
• Identified audit risks and escalated significant findings to senior auditors, contributing to the overall audit strategy and risk management plans
• Participated in inventory observations, cash counts, and reconciliation procedures to verify client financial data
• Assisted senior auditors with the preparation and delivery of audit reports, ensuring clarity in audit findings and recommendations

• Prepared Business Activity Statements (BAS) and calculated superannuation for clients
• Prepared Income Tax Returns for various entities, ensuring compliance with taxation rules and regulations
• Provided tax-related advice and ensured accuracy in reporting and tax compliance for individuals, trusts, and companies