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Ashish Dange & Associates
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Toe in audit refers to the practice of comparing the financial statements of a company with industry standards to identify any discrepancies.
Toe in audit helps in identifying any potential errors or fraud in the financial statements.
It involves comparing the financial ratios, performance metrics, and key indicators of a company with industry benchmarks.
By conducting toe in audit, auditors can assess the financial healt...
TOD in audit stands for Test of Details, which involves examining individual transactions or account balances to ensure accuracy and completeness.
TOD is a detailed examination of specific transactions or account balances in an audit.
It focuses on verifying the accuracy and completeness of financial information.
Examples of TOD include testing the existence of inventory by physically counting items, or confirming account...
I applied via Naukri.com and was interviewed before Sep 2022. There were 3 interview rounds.
IFRS 15 is a revenue recognition standard that outlines principles for recognizing revenue from contracts with customers.
IFRS 15 provides a single, comprehensive revenue recognition model for all contracts with customers.
It requires entities to identify performance obligations in a contract and allocate the transaction price to each obligation based on their standalone selling prices.
Revenue is recognized when control ...
Testing debtors more than 3 years involves thorough analysis of financial records and communication with debtors.
Review financial statements for outstanding debts older than 3 years
Contact debtors directly to inquire about the status of the debt and attempt to collect payment
Consider legal action if necessary to recover the debt
Evaluate the likelihood of collecting the debt and adjust financial records accordingly
I applied via Walk-in and was interviewed in May 2024. There were 3 interview rounds.
Basic Accounting rectification entries, Basic Code based reasoning, and directional questions
I applied via Company Website and was interviewed in Jan 2021. There were 4 interview rounds.
I applied via Naukri.com and was interviewed before May 2022. There were 3 interview rounds.
Good, based on accounting and taxation
I applied via Company Website and was interviewed before Dec 2021. There were 3 interview rounds.
Risk of material misstatement procedure is a process to identify and assess the risk of errors or fraud in financial statements.
The procedure involves understanding the entity and its environment, including internal controls.
It also includes assessing the risks of material misstatement due to fraud or error.
The auditor then designs and performs audit procedures to address the identified risks.
Examples of procedures inc...
I applied via Campus Placement and was interviewed in Jan 2024. There were 2 interview rounds.
Can artifical intelligence replace humans
Aptitude topic was as generally appears in other placement tests , coding questions(not that much hard )
posted on 14 Apr 2023
I applied via Naukri.com and was interviewed in Mar 2023. There were 3 interview rounds.
Had group discussion with 3 people for 1 hour
Had group discussion with 3 people for 1 hour
Adobe Iluustrator assignment of a 4 pager layout
Address work related issues by communicating openly, seeking solutions collaboratively, and prioritizing tasks effectively.
Communicate openly with colleagues and supervisors to address any issues that arise
Seek solutions collaboratively by brainstorming with team members and seeking input from others
Prioritize tasks effectively to ensure that important issues are addressed in a timely manner
EY Global Delivery Services ( EY GDS)
BDO India LLP
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Grant Thornton Bharat