Viral Shah CPA(US and Canada), CA(India), MCom(Masters)

Auditor at Nova Scotia Barristers'​ Society
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Contact Information
us****@****om
(386) 825-5501
Location
Halifax, Nova Scotia, Canada, CA
Languages
  • English Professional working proficiency
  • Hindi Professional working proficiency
  • Gujarati Native or bilingual proficiency

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Shrenik Shah

Viral is very hard working and smart professional. His humble and helping nature makes him more popular among his colleagues.

Venkata Subramani R.

CA Viral Shah is a very dynamic professional, having a fire under his belly to do three things - learn, learn and learn. In the process he has acquired extensive professional knowledge and is an expert in accounting as per US GAAP as well as IFRS. I am very proud so say that once upon a time, he attended my lectures as well. He is bound to be an asset for every prospective client / employer. I wish him all the very best in his personal life and professional endeavours.

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Credentials

  • Certified Public Accountant-US CPA
    ARIZONA STATE BOARD OF ACCOUNTANCY
    Jul, 2018
    - Nov, 2024
  • CERTIFICATE COURSE ON IND AS (SIMILAR TO IFRS)
    Institute of Chartered Accountants of India
    Jun, 2015
    - Nov, 2024

Experience

  • Nova Scotia Barristers' Society
    • Canada
    • Non-profit Organizations
    • 1 - 100 Employee
    • Auditor
      • Jul 2023 - Present

      Plans and conducts compliance audits of law firms throughout NS, to assess lawyers’ compliance with the trust accounting rules and to identify potential misconduct issues or misuse of the trust account related to financial matters. Provides feedback to lawyers regarding their level of compliance with the rules and what steps should be taken to remedy any deficiencies and recommending non-compliant firms to Professional Conduct, or Practice Standards Departments. Reviews annual Trust Report submissions (Lawyer and Accountant reports) and using professional judgment to identify and assess risk factors and determine appropriate follow-up. Corresponds with lawyers regarding Trust Reports, regulation violations and other matters. Follows up on audits to ensure recommendations for improvement are acted on and prior undertakings are complied with. Monitors response/action deadlines and manages files until exceptions are satisfactorily resolved, including monthly trust reporting and records management as required. Monitors status of bankruptcies and judgements until discharge or satisfaction of debts, including preparation of regular requests for status reports from members, and monitoring of co-signer and trust account monitoring arrangements. Responds to member inquiries regarding trust accounting, and trust account rule interpretations. Supports and assists departments with the interpretation of trust account regulations, accounting procedures and analysis of trust accounting issues. Participates in the review and refinement of the Trust Assurance Program, including the continued development of audit procedures, review and revision of the trust account rules, and reference material such as the trust accounting handbook. Supports the Society by providing research on advice around the areas of e-commerce, cyber crime, money laundering and other areas of potential fraud. Assists with the preparation of the undistributed trust fund application. Show less

  • Ernst & Young
    • China
    • Accounting
    • 700 & Above Employee
    • Manager
      • May 2021 - Jun 2023

      Involved in various service offerings such as audits of Private Enterprises , NFP organizations, Pension Plans. Also focusing on the review of certain key areas such as Walkthroughs, Test of Controls and other substantive procedures for the Integrated audits on SEC clients . Leading the Independence Procedures for the Listed Clients ( CRI / SEC ) Develop and maintain productive relationships with client and EY management throughout the year. Participate in performing audit procedures, especially focusing on complex and/or specialized issues. Understand the clients industry and recognize key performance drivers, business trends, and emerging technical and industry developments. Stay informed of general business/economic developments and their impact to the client. Oversee and review staff work products to ensure high quality. Develop people by encouraging individuals to think for themselves and take responsibility for their contributions to the team. Conduct timely performance reviews and provide performance feedback/training. Lead by example. Use technology to continually learn, share knowledge with team members, and enhance service delivery. Maintain cooperative relationships with other engagement teams. Develop long-term relationships and networks both internally and externally. Show less

  • Self Employed
    • United States
    • 700 & Above Employee
    • Consultant
      • Feb 2021 - Apr 2021

      Ø Providing services like Accounting, Consulting on Indian GAAP , IND AS (Indian version of IFRS for issuers ) and IFRS, Taxation Services, Tax Planning, Management Consultancy, etc. Ø Consulting Clients on Business restructuring, Financing, Income tax law, and other areas based on their requirements to serve and fulfill their business goals. Ø Tax Compliance for the Indian Clients on Direct Tax and Indirect Tax front. Ø Tax Return filing services like the Income Tax and the GST returns. Ø Consulting on the Corporate Entity set up and other related compliances. Show less

  • Talati and Talati LLP Chartered Accountants
    • India
    • Accounting
    • 300 - 400 Employee
    • Senior Manager
      • May 2020 - Jan 2021

      Ø Involved in Providing various Services like Accounting, Auditing (Statutory , Internal and Tax Audit ), Consulting on Indian GAAP and IND AS(Indian version of IFRS for the issuers), Taxation Services, Tax Planning, Management Consultancy, etc to Indian(Issuer and Non Issuers ) and foreign Clients. Ø Worked on Claim Verification (of Banks and employee Unions) assignment on behalf of Official Liquidator as appointed by High Court of Gujarat for a Company under liquidation Ø Review of the Work performed by the Manager Audit. Ø Assisting the Audit partner / Tax partner in reviewing the engagement as last step reviewer. Ø Contributing to the Firm’s efforts in ensuring that the firm strictly adheres to the Quality Control Standards on the engagements. Ø Participating and preparing presentations in the office Meetings / knowledge committee of the firm. Ø Providing guidelines to the Manager Audit and Audit Associate on any new Enactments / Amendments so as to ensure strict compliance of the Statute requirements. Ø Making efforts in assisting the organization in growing the business practices. Ø Prepared the financial statements and management reports as per the norms and getting it compliant as per the regulatory requirements. Ø Examined and analyzed Journal & General Ledger Accounts, Bank Statements, inventories, expenditures and all other financial and operational records Ø Ensured financial reporting accuracy and compliance with established accounting standards, procedures and internal controls. Ø Involved in Consulting Clients on Business restructuring, Income tax law, IFRS and other areas based on their requirements to serve and fulfill their business goals. Show less

  • Citrin Cooperman
    • Ahmedabad Area, India
    • Supervisor
      • Jul 2019 - Mar 2020

      Citrin Cooperman is among the leading, nationally recognized accounting, audit, tax, and business advisory firms currently ranked in the top 25 firms in the United States. Since 1979, we have worked with our clients to provide strategic advice for key life-cycle moments, actively bringing our best-in-class resources so you can focus on what counts. Whether you are an entrepreneur, a middle-market company, or a global publicly-traded conglomerate, we provide access to top-tier professionals who strive to understand a company's differentiators and goals, specializing in going beyond the core compliance functions to provide valuable insight on key business decisions. Around the corner or across the globe, we can provide new perspectives on strategies that will help you achieve your short- and long-term goals. Our daily mission is to enhance the businesses and personal lives of our clients through our technical and industry depth and our enthusiasm for building long-standing relationships. Finding innovative solutions is what drives our professionals and helps our clients succeed. At Citrin , I Work Primarily on the Audit, Compilation, Review and Tax Certiorari assignments . I am engaged in the assignments from the Planning stage till the finalization of Accounts and the signing off stage. Show less

  • Citrin Cooperman
    • United States
    • Professional Services
    • 700 & Above Employee
    • Senior
      • Jan 2019 - Jun 2019

      Citrin Cooperman is among the leading, nationally recognized accounting, audit, tax, and business advisory firms currently ranked in the top 25 firms in the United States. Since 1979, we have worked with our clients to provide strategic advice for key life-cycle moments, actively bringing our best-in-class resources so you can focus on what counts. Whether you are an entrepreneur, a middle-market company, or a global publicly-traded conglomerate, we provide access to top-tier professionals who strive to understand a company's differentiators and goals, specializing in going beyond the core compliance functions to provide valuable insight on key business decisions. Around the corner or across the globe, we can provide new perspectives on strategies that will help you achieve your short- and long-term goals. Our daily mission is to enhance the businesses and personal lives of our clients through our technical and industry depth and our enthusiasm for building long-standing relationships. Finding innovative solutions is what drives our professionals and helps our clients succeed. At Citrin , I Work Primarily on the Audit, Compilation, Review and Tax Certiorari assignments . I am engaged in the assignments from the Planning stage till the finalisation of Accounts and the signing off stage. Show less

  • Talati and Talati LLP Chartered Accountants
    • India
    • Accounting
    • 300 - 400 Employee
    • Senior Manager
      • Jan 2016 - Dec 2018

      Engaged Primarily into the Accounting and Audit / Tax Services of Listed and Non listed Entities and Heading a Team of 6-7 Members along with Reviewing the Overall assignment and Interaction with the Client and the Partner and Finalizing the Reports.Profile includes: Review of the Work performed by Associate, and Manager . Assisting the partner in reviewing the engagement as last step reviewer. Prepared the financial statements and management reports as per the norms and getting it compliant as per the regulatory requirements.  Examined and analyzed Journal & General Ledger Accounts, AR-AP, Bank Statements, inventories, expenditures and all other financial and operational records Ensured financial reporting accuracy and compliance with established accounting standards, procedures and internal controls. Providing guidelines to the Manager and Associate on any new Enactments / Amendments so as to ensure strict compliance of the Statute requirements. Making efforts in assisting the organization in growing the business practices. Consulting Clients on Business restructuring, Income tax law, Goods and Services Tax (GST) Law, Foreign Exchange Management Act, IFRS and other areas based on their requirements to serve and fulfill their business goals. Show less

    • Manager
      • Jul 2013 - Dec 2015

      Engaged Primarily into the Accounting and Audit / Tax Services of Listed and Non Listed Entities and Heading a Team of 4-5 Members along with Reviewing the Overall assignment and Interaction with the Client and the Partner and Finalizing the Reports. Review of the Work performed by the Associate . Assisting the Manager and the partner in reviewing the engagement. Communication with the Client and the partner on a regular basis. Prepared the financial statements and management reports as per the norms and getting it compliant as per the regulatory requirements.  Examined and analyzed Journal & General Ledger Accounts, AR-AP, Bank Statements, inventories, expenditures and all other financial and operational records Ensured financial reporting accuracy and compliance with established accounting standards, procedures and internal controls. Consulting Clients on Business restructuring, Income tax law, Excise, VAT and Service tax law , Foreign Exchange Management Act, IFRS and other areas based on their requirements to serve and fulfill their business goals. Training the assistants undergoing the mandatory training period . Maintaining and developing the relationship with the client. Participating in the office Meetings / knowledge committee of the firm in connection with new law enactment, its effects and impact evaluation and charting out how the clients can be benefited or are impacted from the new law implementation. Show less

    • Associate
      • Apr 2011 - Jun 2013

      Engaged Primarily into the Accounting and Assurance/Tax Services of Listed and Non Entities and Heading a Team of 2-3 Members along with Reviewing the Overall assignment and Interaction with the Client . Manager and the Partner and Finalizing the Reports.Work profile includes: Determining Nature and extent of audit procedures which typically includes performing risk assessment procedures and further audit procedures (which include test of controls, test of details and substantive analytical procedures). Obtaining sufficient and appropriate audit evidence by performing audit procedures to afford a reasonable basis for an opinion regarding the financials under audit. Verification and Review of the Compliances with Companies Act, Factories Act, Income tax Act, Excise, VAT and Service tax law, Foreign Exchange Management Act and other applicable statutory requirements. Review of cost records as maintained from time to time. Review of work performed by the assistants. Assisting the Manager, Partner in supervising / reviewing the assignment . Evaluating findings / observations and preparing a report. Discussing the report and findings with the Manager and partner. Ensuring that the Engagement team adheres to the relevant Accounting Standards and Auditing Standards. Evaluation of internal control systems of the organization, identifying measures to strengthen the internal controls, summarizing the internal control system evaluation findings with Manager, Partner and the client followed up with preparation of a report. Finalizing the Audit of the Financial Statements and assisting the client in preparation and submission of Income tax returns with the government authority. Prepared the financial statements and management reports as per the norms and getting it compliant as per the regulatory requirements. Show less

  • Berdon
    • United States
    • Accounting
    • 100 - 200 Employee
    • Senior
      • Jan 2012 - Mar 2018

      Berdon LLP, a full-service accounting and advisory firm, has earned its New York street cred by representing some of the biggest companies in the Big Apple over the past 90 years. The company was founded in 1917 when accountant David Berdon set up shop in New York City with high aspirations but limited resources. Berdon’s business launched when he answered an ad placed by a major publishing company looking for a bookkeeper and convinced the firm that “if you need a bookkeeper, you need an accountant.” His foresight ignited a standard that gave Berdon the momentum to land bigger accounts. Berdon expanded through the Great Depression by adding insolvencies and a litigation support group to its practice. During this time, Berdon also added a litigation support group to its client services. In the early 1990s, Berdon launched a program to diversify the company across a wide range of niche specializations, including law firms, closely held businesses, entertainment, advertising, and architecture and engineering. Berdon is consistently ranked by trade and consumer publications among the nation’s top CPA and advisory firms. With our more than 400 professionals and staff – at offices in New York City and Jericho, Long Island – clients access a comprehensive array of accounting, tax, financial, and management advisory services. Through our specialized expertise and dedicated service teams, we advise on almost every aspect of a business at any stage of development – from startup through growth and diversification to transition. At Berdon, I have Worked Primarily on the Audit, Compilation, Review and Tax Certiorari assignments majorly of Real Estate Clients .I was engaged in the assignments from the Planning stage till the finalisation of Accounts and the signing off stage. I had an experience of working for 7 consecutive busy Tax seasons with Berdon LLP from 2012 through 2018 from January to March Show less

  • Ernst & Young
    • China
    • Accounting
    • 700 & Above Employee
    • ASSOCIATE CONSULTANT
      • Oct 2010 - Mar 2011

      Roles & Responsibilities: Thorough understanding of client’s business, existing processes, key challenges in the business. Identification of design & operation gaps in the existing process, cost reduction opportunities & key recommendations along with its business impact. Skills Developed: Ability to gather and analyse data pertaining to client’s business to identify cost reduction opportunities in the existing business processes. Proficiency in verbal & written communication for effectively summarizing the project deliverables. Key Projects: Process reviews at the largest Oil Refinery in India in which responsible for Internal Audit of Contract & Procurement, Plant Maintenance, Excise, Service Tax and Accounts & Finance. Achievements in project includes: Improvement of SAP controls for complete cycle of “Purchase Requisition to Pay” for system enhancement and better management control. Review of excise and service tax records and identified credit un-availed by the Company and identified gaps in case of delay in availment of credits. Review of plant maintenance process and identified reasons for break-down and recommended preventive schedule for such equipments. Implementation of Costing & Budgeting Framework, at one of the major client in Upstream Oil & Gas Company. Show less

Education

  • The Institute of Chartered Accountants of India
    Chartered Accountant, Accounting and Finance
    2006 - 2010
  • Institute of Company Secretaries of India
    Company Secretary, Banking, Corporate, Finance, and Securities Law
    2011 - 2013
  • H.L.COLLEGE OF COMMERCE
    Bachelor of Commerce (B.Com.), ACCOUNTANCY AND FINANCE
    2006 - 2008
  • Shree Vidyanagar High School
    H.S.C.E., ACCOUNTANCY
    2003 - 2005
  • Gujarat University
    MASTER OF COMMERCE, Accounting and Finance
    2014 - 2016
  • American Institute of Certified Public Accountants (AICPA)
    USA CPA at Arizona State Board of Accountancy, US GAAP, AUDIT AND US TAXATION
    2017 - 2018
  • CPA NOVA SCOTIA
    CHARTERED PROFESSIONAL ACCOUNTANT, Accounting and Finance
    2020 - 2020

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