Raghuram Tungala

1. Served Forvis Mazars, LLP for EBP audits during 2024

• Engaged in 19 EBP Audits to deliver, assist, review of audit files
• Managed to train juniors, execution of complex and risky plan audits, review of work performed by juniors and their doubts clarifications. (Includes non-attest service of Financial Statements preparation)
• Direct communication (e-mails) with Auditees and their TPAs to obtain the required audit evidence from inception of the audit till report issuance
• Responsible throughout all stages of review by CPA Manager, Engagement Partner and Quality Reviewer and addressing / resolving their comments

2. Served Wolf & Co. with similar responsibilities as performed in year 2023 at Senior level

1. Served Mazars USA LLP for EBP Audits during 2023

• Executed 10 EBP audits and reviewed 2 other audit files
• Direct communication with Auditees and their TPAs to obtain the required audit evidence from inception of the audit till report issuance
• Responsible throughout all stages of review by CPA Manager, Engagement Partner and Quality Reviewer and addressing / resolving their comments

2. Served Wolf & Co. with similar responsibilities in year 2022 at Associate level

1. Served Samet & Company PC for EBP Audits during 2022

• Learned EBP Audit basics and executed audits of 5 Plans
• Closely worked with CPA Managers and maintained timely communications to discuss the issues and technical doubts to complete the audits

2. Served Wolf & Co. for audits of Financial Services Rendering companies such as Banks, Credit Unions and Investment Management companies during 2024

• Execution of assigned substantive testing areas and preparation of Financial Statements
• Closely worked with CPA Audit Seniors, Managers and Auditees through secure portals to accomplish the tasks assigned

Served as trainee at Sharp & Tannan

• Allocated to assignments of statutory audits / quarterly limited reviews, internal audits, certification and management services
• Exposure to paper manufacturing (SEBI listed entity), education, real estate, trading and service oriented industries (private companies)
• Handled one complete audit assignment as 2nd year trainee from planning to final reporting and directly reported to Engagement Partner

Highlights:

• Visited various client places across India to perform field work
• Performed various walkthrough and discussions to understand and document various processes such as Order to Cash, Hire to Retire and Procure to Pay
• Performed complex and accurate reconciliation of Rs. 950mn related to employee benefit expenses
• Planned & coordinated with multiple departments of a manufacturing company to perform PV of inventory
• Identified & made an audit adjustment of Rs. 18mn as liabilities written back