NASIR ABSAR & CO
INTERNAL AUDITOR AT RIPHAH INTERNATIONAL UNIVERSITY
My experience in the Firm has enabled me to develop a comprehensive understanding of the competitive and regulatory environments of business and the accounting and internal control systems implemented in organization. During my professional career, following were some of the prime experiences that were acquired:

JOB RESPONSIBILITIES:
• Verification of funds status report for the Management on daily basis.
• Conduct of internal audits and designing the system of internal controls;
• Review and verification of sale and purchase procedures, revenue
recognition, budgets, audit checklists, payroll activities, fixed assets, to
ensure compliance in each area;
• Verification of vouchers and Payments to Suppliers.
• Calculation of Net Amount Payable on Sales Tax Invoices to Creditor’s after
deduction of Withholding Tax, Tax on services, Commission and Freight
charges.
• Verification of all Journal entries as per defined limits into the RIU’s books
of accounts.
• Verification payments by verifying documentation, and requesting
disbursements.
• Auditing Bank Reconciliation on monthly basis.
• Review and verification of Fixed Assets Schedules and their recurring JEs
into the books of accounts.
• Verification of Inventory Records and their reconciliations with the
Administration data.
• Quarterly internal audits of university’s assets and their reconciliation with
the books of accounts.

JOB RESPONSIBILITIES:

• Systematically prepared documents and assembled financial statements for
independent auditors.
• Annual Stocktaking.