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I was interviewed in Dec 2023.
Depreciation is the allocation of the cost of an asset over its useful life, accrual is recognizing revenue and expenses when they are incurred, and prepayment is paying for expenses before they are incurred.
Depreciation is a non-cash expense that reduces the value of an asset on the balance sheet over time.
Accrual accounting matches revenue and expenses to the period they are incurred, not when cash is exchanged.
Prepa...
Test of details focuses on specific transactions or account balances, while controls test the effectiveness of internal controls.
Test of details involves examining individual transactions or account balances to ensure accuracy and completeness.
Controls testing evaluates the effectiveness of internal controls in preventing or detecting errors or fraud.
Test of details may involve confirming account balances with third pa...
Audit procedures for purchase cycle and payroll involve verifying transactions, reconciling accounts, and testing internal controls.
Verify purchase orders, invoices, and payments match
Reconcile accounts payable ledger to vendor statements
Test segregation of duties in payroll processing
Review payroll register for accuracy and completeness
Confirm payroll taxes are properly withheld and remitted
Revenue recognition under IFRS involves recognizing revenue when it is earned and realizable, regardless of when cash is received.
Revenue is recognized when it is probable that economic benefits will flow to the entity and the revenue can be reliably measured.
Revenue is measured at the fair value of the consideration received or receivable.
Revenue recognition criteria include transfer of risks and rewards, no continuin...
Deferred tax is a balance sheet item that represents the tax consequences of temporary differences between accounting income and taxable income.
Deferred tax arises due to timing differences in recognizing income and expenses for tax and accounting purposes.
It is recorded on the balance sheet as a liability or asset depending on whether the tax payable is more or less than the tax expense recognized in the income statem...
I would empathize with the client, explain the situation calmly, offer solutions or alternatives, and ensure their satisfaction.
Listen to the client's concerns and acknowledge their feelings
Explain the situation calmly and objectively
Offer solutions or alternatives to address the issue
Ensure the client's satisfaction and maintain a positive relationship
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I applied via Approached by Company and was interviewed in Aug 2017. There were 5 interview rounds.
I applied via Referral and was interviewed before Oct 2019. There were 4 interview rounds.
I applied via Company Website and was interviewed before Mar 2021. There were 2 interview rounds.
Online aptitude test with English grammar and math skills
I applied via Walk-in
Supply chain consulting involves optimizing and improving the flow of goods and services from suppliers to customers.
Supply chain consulting focuses on analyzing and improving the efficiency of the supply chain process.
It involves identifying bottlenecks, reducing costs, and enhancing customer satisfaction.
Consultants may suggest strategies for inventory management, transportation, and distribution.
They may also recomm...
PWC is a leading global professional services firm with a strong reputation for excellence and innovation.
PWC has a diverse range of clients across various industries
PWC offers a wide range of services including audit, tax, and consulting
PWC has a strong focus on innovation and technology
PWC provides excellent opportunities for career growth and development
PWC has a strong commitment to corporate responsibility and sus
PWC is a multinational professional services network.
Provides audit, tax, and consulting services to various industries
Has a presence in over 157 countries
Ranked as the world's second-largest professional services network
Clients include major corporations, governments, and non-profit organizations
Earthquakes occur due to the movement of tectonic plates. Metamorphosis is the process of transformation in living organisms.
Earthquakes occur when two tectonic plates move against each other, causing a release of energy in the form of seismic waves.
Metamorphosis is a process of transformation in living organisms, where an organism undergoes a physical change in form and structure.
Examples of metamorphosis include the ...
I applied via Company Website
Handled a difficult situation by calming down an angry customer
Listened to the customer's complaint patiently
Empathized with the customer and apologized for the inconvenience caused
Offered a solution to the problem and explained the steps to be taken
Followed up with the customer to ensure their satisfaction
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