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B. K. Khare & Co Interview Questions, Process, and Tips
Top B. K. Khare & Co Interview Questions and Answers
- Q1. How will you consider INDAS 115 and cutoff assertion together?asked in Article Assistant interview
- Q2. What is Accounting standards, explain any 3 Accounting standardsasked in Article Assistant interview
- Q3. What are the balance sheet assertions?asked in Article Assistant interview
B. K. Khare & Co Interview Experiences
4 interviews found
I applied via Walk-in and was interviewed before Nov 2023. There was 1 interview round.
(5 Questions)
- Q1. Explain 5 clauses of CARO
- Ans.
CARO clauses are important for auditing purposes
Clause 1: Reporting on internal financial controls
Clause 2: Reporting on statutory dues
Clause 3: Reporting on default in repayment of loans
Clause 4: Reporting on fraud by the company or its employees
Clause 5: Reporting on managerial remuneration
- Q2. What is Accounting standards, explain any 3 Accounting standards
- Ans.
Accounting standards are guidelines for financial reporting that ensure consistency and transparency in financial statements.
Accounting Standard 1 (AS 1) - Disclosure of Accounting Policies: Requires companies to disclose their accounting policies in financial statements.
Accounting Standard 2 (AS 2) - Valuation of Inventories: Provides guidelines for the valuation of inventories, such as cost formulas and net realizabl...
- Q3. What are the balance sheet assertions?
- Ans.
Balance sheet assertions are representations made by management regarding the accuracy and completeness of items on the balance sheet.
Existence - Assets and liabilities actually exist at a given date.
Rights and obligations - Assets are owned by the entity and liabilities are obligations of the entity.
Completeness - All assets, liabilities, and equity interests that should be recorded are included.
Valuation and allocati...
- Q4. How will you consider INDAS 115 and cutoff assertion together?
- Ans.
INDAS 115 and cutoff assertion are considered together by ensuring revenue recognition is in compliance with INDAS 115 and cutoffs are accurately recorded.
Ensure revenue recognition is in compliance with INDAS 115 guidelines
Verify that cutoffs for revenue and expenses are accurately recorded
Review any potential impact of INDAS 115 on cutoff assertion
Consider the timing of revenue recognition and cutoffs in financial st
- Q5. What is the applicabilityof IND AS
- Ans.
IND AS is applicable to all companies in India, aligning their financial reporting with international standards.
IND AS is applicable to all companies in India, including listed and unlisted companies.
It aims to align the financial reporting of Indian companies with international accounting standards.
Companies need to comply with the specific requirements and disclosures outlined in the applicable IND AS.
Examples of IND...
Interview Preparation Tips
- CARO
- Accounting Standards
Article Assistant Interview Questions asked at other Companies
(4 Questions)
- Q1. More like personal questions
- Q2. Questions pertaning to IND AS, income tax and Internal audit
- Q3. One trick question
- Q4. Questions to check presence of mind
Interview Preparation Tips
Manager Interview Questions asked at other Companies
I applied via Recruitment Consulltant
(2 Questions)
- Q1. Personnel Real Nominal Account. Debits and Credits
- Ans. Maine International Trading dekha suna aur samjha hai.
- Q2. Namaste namaste Sir Madam
Interview Preparation Tips
MIS Officer Interview Questions asked at other Companies
Selected
I appeared for an interview before Dec 2021.
(1 Question)
- Q1. Tell me about your self
(1 Question)
- Q1. Ind as, IFRS, Caro etc
Interview Preparation Tips
Senior Associate Interview Questions asked at other Companies
B. K. Khare & Co interview questions for popular designations
Jobs at B. K. Khare & Co
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Interview questions from similar companies
Assistant Manager Interview Questions & Answers
infinzi - AZG Consulting LLP
Anonymous
posted on 18 Feb 2025
Selected
I appeared for an interview before Feb 2024.
(1 Question)
- Q1. Taxation direct and indirect, accounts
Based on practicle case scenario
It was based on taxation accounts and real life experience.
Interview Preparation Tips
(1 Question)
- Q1. Purchase checklist in manufacturing entities
- Ans.
A purchase checklist in manufacturing entities ensures all necessary items are acquired for production.
Identify required raw materials and components
Check inventory levels to avoid overstock or stockouts
Verify supplier credentials and negotiate prices
Ensure timely delivery schedules are met
Monitor quality of purchased items
Selected
I applied via Referral and was interviewed before Oct 2022. There were 4 interview rounds.
(4 Questions)
- Q1. Tell me about yourself
- Q2. Share experience
- Q3. Salary expectation
- Q4. Work location is fine to you?
(4 Questions)
- Q1. Best audit remarks discovered till date
- Ans.
One of the best audit remarks discovered was related to identifying a significant financial discrepancy in the company's revenue recognition process.
Identifying a significant financial discrepancy in revenue recognition process
Highlighting potential risks in the company's financial reporting
Providing recommendations for improving internal controls
- Q2. Why want to join in audit
- Q3. Types of audit done
- Ans.
Types of audit include financial audit, operational audit, compliance audit, and forensic audit.
Financial audit: examines financial statements to ensure accuracy and compliance with laws and regulations
Operational audit: evaluates the efficiency and effectiveness of operations within an organization
Compliance audit: verifies adherence to laws, regulations, and internal policies
Forensic audit: investigates potential fra
- Q4. Fine with job Location
(2 Questions)
- Q1. Fine with job location
- Q2. Excel expertise
Interview Preparation Tips
I applied via Naukri.com and was interviewed in Dec 2020. There was 1 interview round.
Interview Questionnaire
2 Questions
- Q1. 1.about company policies
- Q2. 2. About my main roles and responsibilities.
Interview Preparation Tips
Interview Questionnaire
1 Question
- Q1. Obs noted in audit
- Ans.
Observed discrepancies during audit
Noted inconsistencies in financial records
Identified errors in inventory management
Observed lack of adherence to company policies
Discovered security vulnerabilities in IT systems
Interview Preparation Tips
Aptitude test has been conducted
(1 Question)
- Q1. Technical questions was asked
Interview Preparation Tips
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B. K. Khare & Co Interviews By Designations
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B. K. Khare & Co Interview Process
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B. K. Khare & Co Reviews and Ratings
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Bangalore / Bengaluru,
Delhi/Ncr
+12-7 Yrs
Not Disclosed
|
Executive
21
salaries
|  ₹5.3 L/yr - ₹8.5 L/yr |
|
Assistant Manager
9
salaries
| ₹8.4 L/yr - ₹11.5 L/yr |
|
Associate
8
salaries
| ₹3.2 L/yr - ₹6 L/yr |
|
Audit Executive
8
salaries
| ₹4 L/yr - ₹9 L/yr |
|
Senior Manager
7
salaries
| ₹17 L/yr - ₹26 L/yr |
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