Naga P.
Public Sector Consultant & Specialist Trainer
Professional Value
Naga is a public sector consultant who helps finance teams in ministries adopt IFRS or IPSAS to achieve compliant reporting and audit transparency. He holds ACCA and CIPFA diplomas in IFRS and IPSAS, has delivered accredited training in India, the UAE and Singapore, and applies Certified Fraud Examiner techniques to embed fraudโrisk controls in public financial systems.
Selected Clients
Executive Profile
Naga is a Director of an IPSAS Consulting firm in India. He is a Member of the Institute of Chartered Accountants of India since November 2011. He has considerable experience in a wide spectrum of assignments, including IFRS Training & Consulting, IPSAS Training, External Audits, and MIS reporting. He is fully licensed to conduct audits of companies in India.
He is an international faculty on IFRS and IPSAS, having delivered lectures in India, UAE, Saudi Arabia, and Singapore.
He holds the following professional qualifications:
- Member of the Institute of Chartered Accountants of India - November 2011
- Diploma in IFRS from ACCA - December 2011
- Master in Business Finance from ICAI - August 2014
- Diploma in IPSAS from CIPFA - August 2019
- Certified Fraud Examiner from ACFE - February 2020
Experience - Naga has implemented IFRS in various companies in Saudi Arabia, India, and Singapore. His area of experience includes the following:
- Determining the impact of IFRS on financial reporting, long-term contracts, supporting business processes, systems and controls, and income tax compliance, planning, and reporting, and suggesting changes for compliance with IFRS to Management/Audit Committee
- Assisting in preparing IFRS-compliant Financial Statements for external and internal reporting, including consolidated financial statements
- Developing and implementing roadmaps and blueprints for first-time IFRS adoptions
- Developing and reviewing administrative and internal control procedures in relation to IFRS
- Assisting in forming an opinion for Auditors on any IFRS-related matter
- Helping companies estimate the Fair Value of an Asset/Liability in accordance with IFRS
- Broad-based assessment of the impact of IFRS on financial reporting, long-term contracts, supporting business processes, systems and controls, and income tax compliance, planning, and reporting
Naga has also gained experience in working in Public Sector Accounting:
- Acting as faculty for the Institute of Chartered Accountants of India on the topic of International Public Sector Accounting Standards, which are developed based on IFRS
- Undertaking various trainings on the Introduction of Accrual Accounting for the Department of Posts, India
Core Competencies
Accounting
Naga determines the impact of IFRS on financial reporting, contracts, and systems.
He prepares IFRS-compliant financial statements and develops roadmaps for first-time adoptions.
Naga also reviews internal control procedures and assists in forming audit opinions.
Public Sector, Governments
Naga has experience in public sector accounting, including International Public Sector Accounting Standards.
He has undertaken trainings on accrual accounting for the Department of Posts, India, and acted as faculty for the Institute of Chartered Accountants of India.
Business Process Analysis
Naga analyzes business processes to identify fraud risk factors.
As a Certified Fraud Examiner, he detects and prevents fraud, assessing risk factors in various entities.
Naga's expertise includes developing and implementing administrative and internal control procedures.