B S R & Co Llp Audit and Assurance Executive Interview Questions and Answers

Q1. Explain Cash flows
Ans. 
Cash flows refer to the movement of money in and out of a business or investment.
• Cash flows can be categorized into operating, investing, and financing activities.

• Operating cash flows include revenue and expenses from the core business operations.

• Investing cash flows involve buying or selling assets like property, equipment, or investments.

• Financing cash flows include activities related to raising capital or repaying d...read more
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Q2. The interview went well. The interviewers and HR people were very polite.
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Good aptitude accounting and audit concepts are covered

Testing your knowledge and aptitude

Be prepared as they can ask any topic in the GD

Q1. It went on for about an hour with the senior manager
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Q2. General knowledge about accounting, journal entries and audit
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Q1. Quite simple and was mostly a formality
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Q1. Types of leases? Can a contract be verbal ? what are the five step approach of revenue recognition ?
Ans. 
Types of leases include finance and operating leases. Verbal contracts are valid but harder to enforce. The five step approach of revenue recognition includes identification, separation, transaction price, allocation, and recognition.
• Types of leases: finance lease (capital lease) and operating lease

• Verbal contracts are valid but harder to enforce compared to written contracts

• Five step approach of revenue recognition: i...read more
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Q2. Why here in crowe , and not in any other big 4s?
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