Audit Trainee - Cannanore, India - ABC Group

ABC Group
ABC Group
Verified Company
Cannanore, India

3 weeks ago

Deepika Kaur

Posted by:

Deepika Kaur

beBee Recuiter
Description
Verification and Correction of Opening Balance with Audited Financial Statement

  • Verification of Purchases with Original Invoices
  • Verification of Direct Expenses with Supporting Documentary Evidences
  • Verification of Indirect Expenses with Supporting Documentary Evidences
  • Verification of Debit Note and Credit Note With Supporting Debit Note or Credit Note Voucher
  • Verification of Sundry Creditors Ledger with Corresponding Party statement and Preparing Reconciliation
  • Verification of Long Pending Sundry Creditors and Sundry Debtors and Ledger scrutiny.
  • Verification of Loan Accounted with Corresponding Loan Schedules
  • Verification of Closing Stock in Hand as on the Closing Date With Purchase Bill
  • Verification of Monthly bank statement with those transactions accounted in the accounting software.
  • Checking of bank reconciliation
  • Obtaining and verifying balance confirmation from the bank as on the closing date.
  • Verification of party wise ledger to see whether TDS collection was in order.
  • Checking TDS was collected as per the applicable prevailing rate.
  • Checking TDS was remitted on or before the due date fixed with corresponding challan.
  • Verifying whether interest was correctly remitted in case of delayed payment of TDS.
  • Checking whether TDS quarterly return was filed within the due date.
  • Ensuring whether form 16A was issued quarterly to all the deductees.
  • Verify Quarterly filed TDS return acknowledgement (Original and revised)
  • Checking and Correcting Input Tax and Output Tax Accounted in the Ledger
  • Verification of Monthly GSTR 1 Filed with Those in Ledger
  • Verification of Monthly GSTR 3B with Ledger
  • Verification of GSTR 2A with Input Tax Accounted in the Ledger
  • Verification of Whether E-Way Bill was Issued for all Applicable Cases
  • Checking Whether RCM was Accounted for all Applicable Cases
  • Verifying GST set off entry accounted in the ledger.
  • Examination of GST Cash Ledger and Credit Ledger
  • Examination GST Liability Ledger and Correcting GST Credit to be Receivable or Reversible
Verification of GST Annual Return and Reconciliation

  • Verification of 40 A (3) Disallowances
  • Verification of Contravention of Section 269SS, 269T, and 269 ST
  • Verification of Salary Accounted in the Ledger with Salary Excel Works sheet
  • Verification of EPF Accounted with EPF Paid Challan and EPF ECR Copy
  • Verification of ESI Accounted with ESI Paid Challan
  • Verification of Employee Professional Tax Accounted
  • Verification of Labor Welfare Fund Payment if any
  • Verification of Rent Agreement or Other Legal Documents
  • Verification Memorandum of Association/ Articles of Association/ Partnership Deed
  • Verification of Balance Confirmation from all Suppliers as on the Closing Date
  • Verification of Form 26 AS and Comparing with TDS Receivable Accounted in the Ledger

Salary:
₹12, ₹15,000.00 per month


Benefits:


  • Food provided
  • Paid sick time
  • Provident Fund

Ability to commute/relocate:

  • Kannur, Kerala: Reliably commute or planning to relocate before starting work (required)

Experience:

- total work: 1 year (preferred)


Work Location:
In person


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