TSHIDISO NKOANE

• Part of the regulatory audit team of financial statements prepared in termsof the International Financial Reporting Framework(IFRS),Generally Recognised Accounting Practice(GRAP) and Modified Cash Standards(MCS)
• In performing my responsibilities, I formulate an understanding of the various financial reporting and legislative requirements (PFMA &MFMA) of the auditee.
• Exposureto various industries and different types of clients.
• Exposure to auditing merging clients
• Exposure to auditing major component of manufacturing company
• Exposure to auditing client that experienced data loss
• Exposure to auditing one of the most progressive security printing specialists in Africa
• Exposure to auditing client that just came from business rescue
• Analysed the financial systems, internal controls, and financial reports of clients.
• Demonstrated excellent supervisory and leadership abilities in my third year of articles by leading audit steering committee meetings, managed the audit budget and supervising junior team members.
• Testing and ensured adherence to supply chain management (SCM) policies and procedures.

Present at internal technical forums and write reports/articles on IFRS updatesand the effect on the audit of clients within the businessunit.

• Worked across diverse cultures
• Plan and oversee the auditing process
• Manage the audit team٫ allocating responsibilities and reviewing the junior team member's work for accuracy and compliance
• Assisting managers with the planning of audits, including budgeting, staffing planning and participation in audit meetings
• Responsible for the audit and completion of the major component of the audit (Inventory and Cost of Sales) in a manufacturing company with more than 1 billion rand revenue.
• Oversee and allocate team members for the stock counts
• Review stock counts reports, compare with management counts and ensure recounts are performed on stock variances.
• Ensure that Inventory is valued at the cost that approximates actual cost that is charged by the supplier as per the PO.
• Ensure that all the procedures are conducted aptly and in accordance with the Company’s Policies and Standard Operating Procedures for costing.
• Ensure that the method used as a measurement of the cost of inventories is regularly reviewed and, if necessary, revised in the light of current conditions. 
• Checking of accuracy and completeness of POs, invoices and all other supporting documentations
• Evaluating and assessing the accuracy of work centre rates determined using activity based costing.
• Ensuring that employees has indicated accurate hours spent on each activity using the work centre number and that timesheets were signed and approved by relevant officials.
• Ensuring the allocation of fixed costs to the different activities is accurate and performed by relevant official in accordance with Company Policy and Standard Operating Procedures for costing.
• Evaluate whether the inventory journal entries reflect the underlying events, transactions and have supporting documentations.

Unisa 2020

Post Graduate Diploma in accounting