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For the past seven years, Gaurav Hiranandani has served at Ernst & Young, first working out of the company’s McLean, Virginia, office as an assurance manager and then moving in 2016 to the company’s office in New York, where he is a manager in the financial instrument professional practice division. An active professional who networks with his peers, Gaurav Hiranandani is a member of the American Institute of CPAs (AICPA).

In May 2017, several representatives from the AICPA Council met with Congressional leaders to talk about the importance of modernizing the tax code, as well as overall reform of the system. They also presented lawmakers with suggestions to make the IRS run more efficiently. In his comments, AICPA President and CEO Barry C. Melancon, CPA, CGMA, expressed hope that Congress will take this guidance to heart when drafting potential legislation involving the tax code and reorganization of the IRS.

The AICPA Council is responsible for crafting the organization’s policy positions and legislative priorities. It meets biannually in Washington.

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Gaurav Hiranandani engages with Ernst & Young (EY) in technical accounting capacities. With a focus on analysis of debt and equity financial instruments, Gaurav Hiranandani has experience in reviewing valuations of businesses and unique financial instruments.

Valuing alternative investments and instruments such as options accurately is complex and time consuming. It involves taking into considering a diversity of stock and fixed-income securities that span multiple classes and may have derivatives embedded. The key is in making valuation conclusions that employ a perspective that accurately takes into account markets dynamics. In particular, the financial model employed must be one that factors in the myriad elements that go into determining security prices.

Another element of valuation involves employing accounting practices that take into consideration a variety of modeling techniques, including multiple scenarios, simulations, and lattices. For organizations, as well as individual investors, complex financial instruments offer the opportunity to derive value from issues that may be undervalued by the market as a whole.

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Redskins Sign Wide Receivers Brian Quick and Terrelle Pryor

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Redskins Sign Wide Receivers Brian Quick and Terrelle Pryor

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Gaurav Hiranandani has spent the past six years with Ernst & Young (EY) in a variety of roles. A native of Washington, D.C., Gaurav Hiranandani is a fan of the National Football League's (NFL) Washington Redskins.

The Redskins' receiving corps took a huge hit to open the 2017 NFL off-season as the team lost both DeSean Jackson and Pierre Garcon, who combined for over 2,000 yards last season. It was the first time in league history a team lost two 1,000-yard receivers in the following off-season. Washington isn't likely to replace their production with any one player, but the team has, at the very least, added some receiver depth with its recent signings of Brian Quick and Terrelle Pryor.

A former second-round pick of the St. Louis Rams, Quick has 10 touchdowns and 1,499 receiving yards in five seasons with the Rams franchise. He had a career-year last season, however, scoring 3 touchdowns and a career-best 564 receiving yards. Pryor, meanwhile, is a former quarterback turned wide receiver, who scored four touchdowns and accumulated 1,007 receiving yards for the Cleveland Browns last season.

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I live in Washington, Dc Metropolitan Area.

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Gaurav Hiranandani (@HiranandaniG) | Twitter

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The latest Tweets from Gaurav Hiranandani (@HiranandaniG): "#wcw #nofilter kalyani909 https://t.co/rhBirVMHzl"

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