I have been associated with the field of accounting and finance since my O-Levels. I completed my matriculation in O-Levels recognized by Cambridge University and then completed my Inter in A-Levels. My interest is in accounting and finance. After completing my A-Levels, I took admission in Bachelor's in Business Administration from Bahria University Karachi Campus and completed with 3.50 CGPA.
After completing my BBA, I opted to continue my career in Chartered Accountancy. Right now, I am doing CA. I have passed a total of 11 papers from 13 papers required for the CAF Level. I have completed my projects relating to accounting and finance and have performed the industry and company analysis, which include their financial analysis with their competitors and with the industry. I have deep insight into Ratio Analysis, Financial Statements (SOCI and SOFP), Auditing, Taxation, and Cost and Management Accounting. Besides studying accounting courses, I have also studied Auditing and Assurance and Principles of Taxation Course in my CA field. I have also studied Cost and Management Accounting.
I have completed the Internship in Finance Department from Fauji Fertilizer Company Limited and Management Trainee Officer Training in Finance Department from NTC Plastics.
Financial Modeling, Planning & Analysis.
Prepare the Entity’s Financial Statements.
Project Valuation (NPV, IRR, MIRR).
Valuation of Financial Instruments.
Understanding on International Accounting Standards (IFRS-16, IFRS-9, IFRS-8, IAS-16, IAS-36, IAS-37, IAS-38, IFRS-19, IAS-21, IAS-2, IAS-8, IAS-41, IFRS-10)
Consolidated Financial Statements and Investment in Associates (IFRS-3 and IFRS-10)
Strong analytical & report writing skills.
Market competitive analysis.
My CV is attached for a detailed review.
Budget MonitoringAssisting in producing the Financial StatementsFinancial AnalysisInterpretation of Data
The nature of work was divided into several parts and 2 sections. Program 1 had been taught by Muhammad Mazhar Qureshi and Program 2 had been taught by Muhammad Khalid Rasheed. Program No. 1 included transactions related to Material Accounting and Program No. 2 included Financial Accounting.
The Nature of work included transactions related to material accounting and financial accounting. Material accounting includes work that relates to trading, imports and exports of goods from the Karachi Port and to the other parts of the country. Material Accounting includes transactions that are as follows:
1. Cost Booking of Purchase Order of Respective Plant Site.
2. Cost withdrawal of Purchase Order of Respective Plant Site.
3. Deposits and Booking of Earnest Money
4. Payment and Clearing of Earnest Money
5. Treatment of Container Security Deposit
6. Making of down payment.
Transactions include purchasing of fixed asset for the plant site that are being imported from other countries from the Karachi International Port. These sums values are of higher value so because of this earnest money must be submitted to the bank. If the order successful so the earnest money should be made cleared with the bank, so its details are recorded with this department. If the company sells any of this fixed asset to the outside company so its details are also recorded with the department in the cost withdrawal of purchase order area. This area also includes the treatment of container security deposit. Anytime any container is arrived at Karachi Port, security deposit is being cleared by the company whenever the goods are received by the company or the head office. The tax transactions are also recorded in this section, like income tax and value added tax etc. Data is maintained on with the help of excel sheet. By the end the month bank reconciliation statement is being made which included all the details of the transactions done with the banks by the company.