Highlights:A) ASC 842, GASB 87 AND IFRS 16 (LEASES) • Worked as a lead and supervised the compliance and implementation of Leasing accounting standards such as ASC 842, IFRS 16 and GASB 87 leasing projects for more than 500 clients. • Preparation and providing timely deliverables, including Amortization schedules, Journal entries, Risk free rate workpapers, IBR sensitivity analysis, Lease analysis, Reconciliations, Validation, and various client specific adhoc requirements. • Preparing various Implementation and year end Memorandum summarizing key aspects of lease accounting compliance under the ASC 842 standard. • Providing post implementation Lease accounting services (LAS) over the years for various clients. This encompasses by Interpreting & Abstracting critical data, year end deliverables and support. • Assisting clients in achieving compliance with SEC reporting requirements, specifically focusing on quarterly reporting for lease footnotes (disclosures) in Form 10-K and 10-Q filings. • Providing consultancy on various technical topics like Sale leaseback analysis, Impairment analysis, Lessor leases, lease acquired through Business combination-ASC 805, Foreign country leases etc. • Worked and gain experience of various lease accounting software/tools like Visual lease, Tango, Co-star, LeaseQuery, NetLease, LeaseCalcs etc. B) GASB 96 (SBITA) Led the implementation of Subscription-based IT agreements-GASB 96 projects, overseeing the successful execution and ensuring compliance with GASB 96 guidelines and standards. C) ASC 606 (REVENUE RECOGNITION) Engaged in the detailed process of abstraction, document analysis, analysis of the 5-step revenue recognition model, and adoption of ASC 606 standards tailored to the specific needs of diverse clients

Skills:Technical Accounting Consultant, Leasing, Financial Consulting

Goal:I envision myself playing a pivotal role in shaping the direction of the finance advisory sector. Whether it's by achieving a senior leadership position, spearheading innovative projects, or contributing to industry-wide best practices, my goal is to make a lasting impact on the field. To achieve these goals, I am committed to continuous learning, staying abreast of industry developments, and further refining my expertise in areas such as ASC 842, IFRS 16, ASC 606, and other evolving accounting standards. I also intend to explore additional leadership and management training opportunities to enhance my capabilities in guiding and motivating teams effectively. Beyond professional aspirations, I prioritize maintaining a healthy work-life balance to ensure sustained personal and professional well-being.

Membership:I became a qualified Chartered Accountant of the Institute of Chartered Accountants of India in February 2021. Additionally, I am currently pursuing the ACCA qualification, benefitting from the 9 exam exemption scheme. I officially registered with the ACCA body in October 2023.

Certification:I have successfully completed the Alteryx Designer Core certification exam. This certification not only validates my technical skills but also underscores my commitment to staying at the forefront of data analytics tools.

Senior Associate-2 03/2021 - current
RSM US LLP, Gurugram, Haryana India
Industry: Accounting and Finance
In my current role as a Senior Associate-2 at RSM US LLP, I have gained substantial experience in managing complex technical accounting projects.
I have successfully led and supervised the compliance and implementation of leasing accounting standards such as ASC 842, IFRS 16, and GASB 87 for over 500 clients. This includes preparing deliverables such as amortization schedules, journal entries, risk-free rate workpapers, multiple analysis and various ad-hoc requirements. One of my key achievements has been consulting client on various technical topics like Sale leaseback analysis, Impairment analysis, Lessor leases, lease acquired through Business combination-ASC 805, Foreign country leases etc. I have also been overseeing the implementation of Subscription-Based IT Agreements (SBITA) projects in adherence to GASB 96 guidelines. Additionally, I have actively engaged in the adoption of ASC 606 standards, demonstrating a detailed understanding of the 5-step revenue recognition model tailored to meet the unique needs of diverse clients.--
Article Assistant 03/2017 - 03/2020
AK Sood and Associate, Chandigarh, Chandigarh India
Industry: Accounting and Finance
My experience extends to financial planning, accounting, and auditing, gained during my tenure as an Article Assistant at M/s A.K. Sood & Associates. Here, I played a crucial role in the preparation and finalization of financial statements, liaison with banks for loan approvals, consolidation of financial statements for multiple schools, and the meticulous preparation of audit reports for various entities. This involved ensuring compliance with legal provisions, Accounting Standards, Guidance notes issued by the ICAI, and other relevant legal pronouncements.
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Institute of Chartered Accountant of India 06/2015 - 11/2020
Chandigarh, Chandigarh, India
Degree: Professional Degree
Major:Financial Reporting, Financial Management, Accounting
Minor:Costing, Taxation- Direct and Indirect, Corporate Law
I passed my Chartered Accountancy in 2 attempts and gained knowledge in Financial Reporting, Financial Management, taxation, Costing, Corporate law.

Rohit Dalal US GAAP, Lease Accounting, Revenue recognition, Accounting, Auditing