S.SATHEESH B.Com., F.C.A (Membership No. 209020)

After graduation (B.Com.), qualified as a Chartered Accountant in 1999 and is in continuous practice since then. Gained rich experience in Statutory Audits, Revenue audits and Inspection Audits of Branches of various Nationalised banks and also in finalization of accounts and internal audits of the Government undertakings in power ( Generation & Distribution ), Textiles, Rural Power (distribution) and Housing for weaker sections etc,.

Handled various assignments in the fields of Finance, Legal, Corporate Taxation matters, Statutory and Internal Audit, General Accounts, Payroll, Gained special knowledge in the company law matters, particularly dealing with the formation / registration of Companies and all other compliances to be made under the provisions of the Companies Act, 1956. He was also reporting to the Audit Committee of the Board of Directors of the Company regarding the Internal Audits carried out in the Company as head of the Internal Audit Function.

Handled the following Audits of banks and Public Sector Undertakings during the tenure of his post qualification.

BANKS:

Revenue Audits

• Andhra Bank
• Union Bank of India
• Oriental Bank of Commerce
• Bank of India
• Karur Vysya Bank

Concurrent Audits

• Andhra Bank
• Central Bank of India
• Rajadhani Cooperative Urban Bank Limited
• Tirumala Cooperative Urban Bank Limited

Statutory Audits

• State Bank of Hyderabad
• Vijaya Bank
• Rajadhani Cooperative Urban Bank Limited

Public Sector Undertakings:

• The Andhra Pradesh State Housing Corporation Ltd., (APSHC)
• The Andhra Pradesh State Housing (Urban) Development Corporation Ltd.,
• Co-Operative Electricity Supply Society Ltd., (CESS promoted by Rural Electrification Corporation Ltd.,)
• The Andhra Pradesh Gas Power Corporation Ltd., (APGPCL)
• The Andhra Pradesh District Central Co.Op.Bank Ltd., - Karimnagar
• Northern Power Distribution Co., of AP Ltd., (NPDCL)

(Receivables Audit from 1995-96 to 2002-03)

PENNA SURESH , M.Com., A.C.A (Membership No. 513544)

Chartered Accountant in employment having 23 years diversified experience in private sector and gained rich experience in

• Finalization of Corporate Accounts, Financial reports, budgetary control and co – ordination of Internal and Statutory Auditors.
• Preparing the working capital requirements and project reports.
• Monitoring of Statutory Compliances – Income Tax, Sales Tax, Service Tax and Central Excise.
• Reconciliation and compilation work involving Debtors, Creditors, Branch and Banks.
• Attending for Income Tax Assessments.
• Documentation for Transfer Pricing as per the Income Tax Act.
• Liaison with the banks in all mattes like Opening of Letter of Credit and Bank Guarantee, Packing Credit / Bills Discounting Account operations with Multiple Banking arrangement with other banks.
• Active role in implementation of SAP modules & migration of accounts from low end accounting packages to SAP
• Active role in amalgamations in group companies

CH.VENKATA REDDY, B.Com, F.C.A (Membership No. 203258)

After graduation (B.Com.), qualified as a Chartered Accountant in 1993 and worked in various organizations in India and Abroad and started practice in 2012. Gained rich experience in Statutory Audits, Revenue audits and Inspection Audits of Branches of various Nationalised banks and also in finalization of accounts and internal audits in Aqua Culture, Alkaline Batteries, Hospitality Services, Manufacturing sector , Mining etc,.

Having rich Experience in

• Finalization of Corporate Accounts, Financial reports, budgetary control and co – ordination of Internal and Statutory Auditors, Financial Management, Project Management, Cash Management.
• Preparing the working capital requirements and project reports.
• Monitoring of Statutory Compliances – Income Tax, Sales Tax, Service Tax and Central Excise.
• Reconciliation and compilation work.
• Attending for Income Tax Assessments, Service Tax.
• Analyzing the Financial viability of new Projects/Ventures.
• Handling Arbitration issues.