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BDO India LLP Account Assistant Interview Questions, Process, and Tips

Updated 2 Jun 2024

BDO India LLP Account Assistant Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I appeared for an interview in Dec 2023.

Round 1 - Technical 

(5 Questions)

  • Q1. What is depreciation, accrual, prepayment?
  • Ans. 

    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...

  • Answered by AI
  • Q2. Diffence between test of details and controls?
  • Ans. 

    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...

  • Answered by AI
  • Q3. Audit procedures for purchase cycle, payroll?
  • Ans. 

    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

  • Answered by AI
  • Q4. Revenue recognition as per IFRS?
  • Ans. 

    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...

  • Answered by AI
  • Q5. What is deferred tax and why deferred tax?
  • Ans. 

    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...

  • Answered by AI
Round 2 - Behavioral 

(7 Questions)

  • Q1. Why you want to join BDO?
  • Q2. What is the reason for applying for this position?
  • Q3. Where do you see yourself in 5 years?
  • Q4. Tell me your previous experience on how did you manage excess work pressure?
  • Q5. How will you deal with demanding clients?
  • Q6. How will you deal with client whet it's not our fault?
  • Ans. 

    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

  • Answered by AI
  • Q7. Would you be able to face clients and how would you negotiate for realistic deadlines if client is proposing unrealistic deadlines?

Interview Preparation Tips

Interview preparation tips for other job seekers - There are only 2 rounds. Salary discussion will be on call itself when HR will call you for screening and interview scheduling.
Interviews for BSO are comparatively easy than interviews for core audit and assurance.

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. What is toe in audit
  • Ans. 

    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...

  • Answered by AI
  • Q2. What is tod in audit
  • Ans. 

    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...

  • Answered by AI
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Sep 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - HR 

(2 Questions)

  • Q1. Tell me something about your self
  • Q2. Why KPMG and not others
Round 3 - Technical 

(3 Questions)

  • Q1. Details about IFRS 15 with examples
  • Ans. 

    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 ...

  • Answered by AI
  • Q2. Scenario based questions
  • Q3. How to test debtors more than 3 years
  • Ans. 

    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

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepare with technical skills and communication is key.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed before Sep 2023. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. Journal entries related to deferred revenue, accrual
  • Q2. Journal entries related to recording of expenses and incomes

Interview Preparation Tips

Interview preparation tips for other job seekers - Need good communication skills
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Nov 2023. There were 3 interview rounds.

Round 1 - Assignment 

Assignment is accounting related

Round 2 - Technical 

(3 Questions)

  • Q1. Concept of deffered accounting
  • Ans. 

    Deferred accounting refers to recognizing revenue or expenses at a later date than when they are actually incurred.

    • Deferred accounting is used to match revenue and expenses with the period in which they are actually earned or incurred.

    • Common examples include prepaid expenses and unearned revenue.

    • Deferred tax liabilities and assets are also examples of deferred accounting.

    • It helps in accurately reflecting the financial

  • Answered by AI
  • Q2. Journal entries for amortization
  • Ans. 

    Journal entries for amortization involve recording the gradual reduction in value of intangible assets over time.

    • Amortization is the process of allocating the cost of intangible assets over their useful life.

    • Debit the Amortization Expense account and credit the Accumulated Amortization account.

    • Journal entry example: Debit Amortization Expense $1,000, Credit Accumulated Amortization $1,000.

    • Amortization does not apply to

  • Answered by AI
  • Q3. Depreciation accounting
Round 3 - HR 

(1 Question)

  • Q1. Salary discussion

Interview Preparation Tips

Topics to prepare for Escalon Business Services Senior Associate interview:
  • Accounting
Interview preparation tips for other job seekers - Please prepare for basic accounts concepts
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed before Dec 2021. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. About your previous work
Round 3 - One-on-one 

(2 Questions)

  • Q1. How will you handle situations
  • Q2. Risk of material misstatement procedure
  • Ans. 

    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...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and trust yourself. Introduce uourself properly and dont lie about anything

I applied via Naukri.com and was interviewed in Mar 2021. There were 5 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. There were three rounds. First was HR, then Ops and lastly Salary discussion. Ops round was basically technical round where you will be interviewed on your technical knowledge.

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare well on your technical knowledge.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Feb 2023. There was 1 interview round.

Round 1 - HR 

(1 Question)

  • Q1. Introduce yourself

Interview Preparation Tips

Interview preparation tips for other job seekers - Speak confidently
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Assignment 

Adobe Iluustrator assignment of a 4 pager layout

Round 2 - One-on-one 

(2 Questions)

  • Q1. How will you deal with multiple projects
  • Q2. How to deal with work related issues
  • Ans. 

    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

  • Answered by AI

I applied via Naukri.com and was interviewed before Feb 2021. There were 4 interview rounds.

Round 1 - Assignment 

.

Round 2 - HR 

(3 Questions)

  • Q1. Share details of your previous job.
  • Q2. What are your salary expectations?
  • Q3. Tell me about yourself.
Round 3 - Technical 

(1 Question)

  • Q1. Question related to Job profile , experience.
Round 4 - HR 

(3 Questions)

  • Q1. What are your salary expectations?
  • Q2. What is your family background?
  • Q3. What are your strengths and weaknesses?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared for questions basis job profile.

BDO India LLP Interview FAQs

How many rounds are there in BDO India LLP Account Assistant interview?
BDO India LLP interview process usually has 2 rounds. The most common rounds in the BDO India LLP interview process are Technical and Behavioral.
How to prepare for BDO India LLP Account Assistant interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at BDO India LLP. The most common topics and skills that interviewers at BDO India LLP expect are Accounting, Accounts Payable, Accounts Receivable, Auditing and Bank Reconciliation.
What are the top questions asked in BDO India LLP Account Assistant interview?

Some of the top questions asked at the BDO India LLP Account Assistant interview -

  1. How will you deal with client whet it's not our fau...read more
  2. What is deferred tax and why deferred t...read more
  3. What is depreciation, accrual, prepayme...read more

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BDO India LLP Account Assistant Interview Process

based on 2 interviews

Interview experience

4.5
  
Good
View more
BDO India LLP Account Assistant Salary
based on 44 salaries
₹2.2 L/yr - ₹6.3 L/yr
47% more than the average Account Assistant Salary in India
View more details

BDO India LLP Account Assistant Reviews and Ratings

based on 10 reviews

4.0/5

Rating in categories

3.9

Skill development

3.6

Work-life balance

2.9

Salary

3.8

Job security

3.7

Company culture

2.7

Promotions

3.7

Work satisfaction

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