Ca Anchal Nawandhar

Article Assistant at M/s Ritesh Maheshwari & Co LLP, Chartered Accountants (2020-02 – 2023-02)

Conducted statutory and internal audits, handled GST compliance, ROC filings, and performed comprehensive audit procedures across multiple sectors

• Evaluated and tested internal controls related to inventory management for a manufacturing client, identifying and addressing deficiencies to mitigate risks and ensure compliance with Ind AS 2
• Reviewed Vendor Master Data and tested invoice processing, purchase order management, and goods receipt and inventory management processes, resulting in improved control and compliance
• Conducted stock audit (sheet-to-floor & floor-to-sheet) and reconciled physical inventory with books of accounts
• Obtained External Confirmation pertaining to bank balance and receivables as per SA 505
• Reviewed related party loan transactions and disclosure requirements under Schedule III and IND AS 24
• Led a Forensic review of an educational institution, uncovering duplicate student receipts and fictitious employee records, which resulted in improved financial integrity and compliance
• Supported the statutory audit of fixed assets by checking acquisition and disposal documents, reviewing depreciation schedules, and assisting in physical verification to ensure compliance with Ind AS 16 and company policy
• Conducted trend analysis of revenue and expenses (PY vs CY) during desktop review to identify variances and obtain management explanations
• Managed GST notice responses and departmental correspondence, maintaining proper documentation and adherence to statutory timelines
• Handled ROC compliances such as AOC-4, AOC-4 CFS, MGT-7A/7, and related statutory filings, ensuring accuracy and adherence to timelines
• Monitoring of existing loans and reporting any irregularity found to the senior officials and providing recommendations for improvement
• Aided in drafting audit reports including modified opinion and Emphasis of Matter paragraph
• Conducted comprehensive physical verification of stores, fixed assets, and inventories, ensuring correct record maintenance and strengthening asset management controls
• Designed MIS framework and monthly performance dashboards to support operational decision-making
• Conducted payroll audit and Hire-to-Purchase review, identifying control gaps and process inefficiencies
• Executed Control Testing for P2P, Payroll, and Fixed Assets processes, finding control weaknesses and recommending actionable improvements to enhance process efficiency
• Performed key audit procedures for FMCG client, including revenue vouching, expense testing, and reviewing supporting documents to ensure accuracy and compliance
• Filed 200+ Income Tax Returns for individuals, firms, and companies, ensuring accuracy and adherence to statutory timelines
• Developed 15-year financial projection model including cost structuring, budgeting, revenue assumptions and cash flow forecasting
• Conducted valuation analysis through financial modelling, assessing growth drivers, industry trends and risk factors
• Preparation of Projected Financial Statements required by Banks

CA-Final in Chartered Accountancy – The Institute of Chartered Accountant of India (2025-09)

CA-Intermediate in Chartered Accountancy – The Institute of Chartered Accountant of India (2021-07)

CA-Foundation in Chartered Accountancy – The Institute of Chartered Accountant of India (2018-05)

B. Com in Commerce – MDSU (2020-07)

Senior Secondary in General Studies – Rajasthan Board, RBSE (2017-03)

Secondary in General Studies – Rajasthan Board, RBSE (2015-03)