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Ambit Collective Auditor Interview Questions and Answers

Updated 31 Jul 2022

Ambit Collective Auditor Interview Experiences

1 interview found

Auditor Interview Questions & Answers

user image Anonymous

posted on 31 Jul 2022

I applied via Naukri.com and was interviewed before Jul 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. V look up, H look up, data validation and filter

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare basic question and formula of excel

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Sep 2023. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Technical 

(2 Questions)

  • Q1. INCOME TAX AUDIT IND AS SCH 3
  • Q2. RATE OF INCOME TAX FOR VARIOUS ENTITY SEC 185 AND 186 OF COMPANY LAW CARO 2020 BASIC OF AUDIT
  • Ans. 

    The rate of income tax varies for different entities based on the provisions of the Companies Act and CARO 2020.

    • Income tax rates for companies are different from those for individuals and other entities.

    • Section 185 and 186 of the Companies Act provide guidelines for income tax rates for companies.

    • CARO 2020 (Companies Auditor's Report Order) also impacts the income tax rates for companies.

    • Auditors need to be aware of th...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - BEFORE INTERVIEW

READ INCOME TAX BASIC
AUDIT BASIC
COMPANY LAW
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Sep 2023. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Technical 

(2 Questions)

  • Q1. INCOME TAX AUDIT IND AS SCH 3
  • Q2. RATE OF INCOME TAX FOR VARIOUS ENTITY SEC 185 AND 186 OF COMPANY LAW CARO 2020 BASIC OF AUDIT
  • Ans. 

    The rate of income tax varies for different entities based on the provisions of the Companies Act and CARO 2020.

    • Income tax rates for companies are different from those for individuals and other entities.

    • Section 185 and 186 of the Companies Act provide guidelines for income tax rates for companies.

    • CARO 2020 (Companies Auditor's Report Order) also impacts the income tax rates for companies.

    • Auditors need to be aware of th...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - BEFORE INTERVIEW

READ INCOME TAX BASIC
AUDIT BASIC
COMPANY LAW

I applied via Naukri.com and was interviewed before Sep 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Tell me about your self? Questions on IFC and Internal Audit P2P, O2C process Inventory
  • Q2. Major observations in internal audit If candidates are applying for accounts position, the candidate should have exposure in US Gaap and Ind AS

Interview Preparation Tips

Interview preparation tips for other job seekers - Mostly these questions are being asked by manager.

Ambit Collective Interview FAQs

How many rounds are there in Ambit Collective Auditor interview?
Ambit Collective interview process usually has 2 rounds. The most common rounds in the Ambit Collective interview process are Resume Shortlist and HR.

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