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ANB Consulting Co. Audit Associate Interview Questions and Answers

Updated 3 May 2021

ANB Consulting Co. Audit Associate Interview Experiences

1 interview found

Interview Questionnaire 

1 Question

  • Q1. Are u ok to travel? Past job experience? Salary? Qualifications?
  • Ans. 

    Yes, I am okay to travel for the Audit Associate position.

    • I am open to traveling for work and have no restrictions.

    • I have previous job experience that required travel.

    • I am comfortable with the idea of traveling for the Audit Associate role.

    • I understand that travel may be necessary for client meetings and site visits.

    • I am willing to adapt my schedule to accommodate travel requirements.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be genuine and not fake. I was in internal audit manufacturing division. Too much of traveling and limited clients. OVERALL it's good experience

Interview questions from similar companies

Associate Interview Questions & Answers

MGB user image Anonymous

posted on 28 Oct 2024

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Oct 2023. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. Tell me about yourself
  • Q2. Articleship Experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Good

I applied via Campus Placement and was interviewed before May 2020. There were 3 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. Case study on telecom industry in Bangladesh
  • Q2. How would you do a competitor analysis?
  • Ans. 

    Competitor analysis involves identifying and evaluating the strengths and weaknesses of competitors.

    • Identify competitors in the market

    • Gather information on their products/services, pricing, marketing strategies, and target audience

    • Analyze their strengths and weaknesses

    • Compare their offerings to your own

    • Identify opportunities and threats in the market

    • Use SWOT analysis to summarize findings

  • Answered by AI
  • Q3. Technical questions around ANOVA, MANOVA, hypothesis testing, p-value, Variance inflation factor, regression analysis, classification
  • Q4. Why do you want to join A&M?

Interview Preparation Tips

Interview preparation tips for other job seekers - Your communication skills are very important. Be very clear why do you want to join a consulting firm, if you are already not working in consulting. Brush up your basic statistics and analytics concepts if you are looking to join the analytics team.
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. They don't ask anything great just basic easy questions
  • Q2. 5 principals of internal audit......
  • Ans. 

    The 5 principals of internal audit are integrity, objectivity, confidentiality, competency, and compliance.

    • Integrity: being honest and truthful in all aspects of the audit process

    • Objectivity: remaining impartial and unbiased throughout the audit

    • Confidentiality: ensuring that sensitive information is protected and kept confidential

    • Competency: possessing the necessary knowledge and skills to perform the audit effectively

    • ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Don't go there it's a waste of efforts they will spoil your career
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I was interviewed in Jun 2024.

Round 1 - Case Study 

Guesstimate given, brief about past experience, financial questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare guesstimates well
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:
Double-check your resume for any spelling mistakes. The recruiter may consider spelling mistakes as careless behavior or poor communication skills.
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 was interviewed in Apr 2024.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Ask about the self info?
  • Q2. Ask about company?
Round 2 - Aptitude Test 

Conduct a test aptitude

Round 3 - HR 

(2 Questions)

  • Q1. Ask self info
  • Q2. Ask about the some cirtical situations how face it that

Interview Questionnaire 

2 Questions

  • Q1. Analyse the hair care industry for a company that wants to enter the Indian market; Given the profits of two companies, where would you invest
  • Ans. 

    The hair care industry in India is growing rapidly, with increasing demand for natural and organic products. Investment decision depends on company goals and market research.

    • India's hair care industry is expected to reach $13.3 billion by 2025

    • Growing demand for natural and organic products

    • Strong competition from established brands like Dove, Pantene, and L'Oreal

    • Opportunities for niche players in the market

    • Investment de...

  • Answered by AI
  • Q2. HR questions (leadership experiences, why does the profile interest you etc.)

Interview Preparation Tips

Round: Case Study Interview
Experience: I was calm throughout the process, had practiced more difficult case studies for other consulting interviews, so the one asked in this interview seemed simple.

General Tips: Understand the work profile well before interviewing. Have basic financial concepts in place (basic FRA knowledge form the 1st term would suffice), read a little about M&As.
Skills:
College Name: IIM Lucknow

Interview Questionnaire 

6 Questions

  • Q1. The case given to me dealt with 2 skin care companies, market leaders in their segment. 2 new market companies had entered the market eroding off the market share of the established firms. Data reading wor...
  • Q2. Discuss the current market situation?
  • Ans. 

    The current market situation is volatile due to the ongoing COVID-19 pandemic and geopolitical tensions.

    • The COVID-19 pandemic has caused disruptions in global supply chains and reduced consumer demand.

    • Geopolitical tensions, such as the US-China trade war, have led to uncertainty and market fluctuations.

    • The technology sector has been performing well, while industries such as travel and hospitality have been hit hard.

    • Inv...

  • Answered by AI
  • Q3. What should be the strategy of SkinCareIndiaPvt.Ltd( the market player in the mass market segment)
  • Ans. 

    SkinCareIndiaPvt.Ltd should focus on product innovation, competitive pricing, and effective marketing strategies.

    • Invest in research and development to create innovative products

    • Offer competitive pricing to attract price-sensitive customers

    • Implement effective marketing strategies to increase brand awareness and customer loyalty

    • Expand product line to cater to different customer needs

    • Partner with influencers and beauty bl...

  • Answered by AI
  • Q4. If you are a PE which firm would you invest in?
  • Ans. 

    I would invest in a firm with a strong management team, a clear growth strategy, and a solid financial track record.

    • Look for firms with experienced and successful leaders

    • Research the company's growth potential and plans for expansion

    • Analyze the company's financial statements and performance history

    • Consider the industry and market trends

    • Examples: Blackstone, KKR, Carlyle Group

  • Answered by AI
  • Q5. A finance question regarding P&L statement of 2 companies were asked
  • Q6. Questions regarding why interested in finance, why consulting etc

Interview Preparation Tips

Round: Case Study Interview
Experience: In the first round of the interview these questions were discussed in detail and various other scenarios were also taken into consideration

Round: Technical Interview
Experience: I think I was able to justify my interest in finance which added to my cause.

Skills:
College Name: IIM Lucknow

Intern Interview Questions & Answers

Alvarez & Marsal user image Arpit Kumar Singhal

posted on 6 Nov 2015

Interview Questionnaire 

11 Questions

  • Q1. Tell me about yourself
  • Ans. 

    I am a highly motivated individual with a passion for learning and a strong work ethic.

    • I have a degree in computer science and have completed several internships in software development.

    • I am proficient in programming languages such as Java, Python, and C++.

    • I am a quick learner and enjoy taking on new challenges.

    • I am a team player and have experience working collaboratively on projects.

    • I am also a good communicator and

  • Answered by AI
  • Q2. Why Alvarez?
  • Ans. 

    Alvarez is a reputable company with a strong track record in the industry.

    • Alvarez has a proven track record of success in the industry

    • The company has a reputation for quality and reliability

    • Alvarez has a strong commitment to customer satisfaction

    • The company offers a wide range of products and services to meet the needs of its customers

  • Answered by AI
  • Q3. Why consult?
  • Ans. 

    Consulting provides expert advice and solutions to complex problems.

    • Consulting helps businesses and organizations improve their performance and achieve their goals.

    • Consultants bring specialized knowledge and experience to help clients solve specific problems.

    • Consulting can provide an outside perspective and objective analysis of a situation.

    • Consultants can help clients navigate change and implement new strategies.

    • Examp...

  • Answered by AI
  • Q4. Work experience at Tata Steel.
  • Ans. 

    I have not worked at Tata Steel.

    • I do not have any work experience at Tata Steel.

    • I have not worked in the steel industry before.

    • I am open to exploring opportunities in the field of steel manufacturing.

  • Answered by AI
  • Q5. The case was printed and quite long. It was about auto components part and everything was given about it. Suggestions were to be given whether a new company should enter it or not. I was given time to read...
  • Q6. Tell me something that is not mentioned in the CV
  • Ans. 

    I have a passion for cooking and have won several local cooking competitions.

    • I enjoy experimenting with different cuisines and creating my own recipes.

    • I have taken cooking classes and workshops to improve my skills.

    • I have volunteered at a local soup kitchen to help prepare meals for the homeless.

    • I have a food blog where I share my recipes and cooking tips.

    • I have also catered small events for friends and family.

  • Answered by AI
  • Q7. How do your friends perceive you?
  • Ans. 

    My friends perceive me as a reliable and supportive person who is always there for them.

    • Reliable and dependable

    • Supportive and empathetic

    • Good listener

    • Fun and easy-going

    • Honest and trustworthy

  • Answered by AI
  • Q8. Do you read management books?
  • Ans. 

    Yes, I do read management books.

    • I believe that reading management books is essential to keep myself updated with the latest trends and techniques in the field.

    • I have read books like 'The Lean Startup' by Eric Ries, 'Good to Great' by Jim Collins, and 'The 7 Habits of Highly Effective People' by Stephen Covey.

    • These books have helped me develop my leadership skills, improve my decision-making abilities, and enhance my ov...

  • Answered by AI
  • Q9. One finance problem
  • Q10. One current affairs question
  • Q11. Any question would you like to ask me

Interview Preparation Tips

Round: Case Study Interview
Experience: I had well prepared the initial questions – about myself, why consult and why Alvarez questions which helped me in gaining confidence. It was my only interview of the day so I was quite relaxed. The interviewers also seemed friendly.




Round: HR Interview
Experience: I hadn’t prepared ‘Something that is not mentioned in the CV’ question. I had to come up with on the spot answer which could have been better.

General Tips: Do well prepare your HR questions and work experience part. It really helps on the final day.
Skills:
College Name: IIM Lucknow

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