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BDO India LLP

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3.4

based on 606 Reviews

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

Updated 2 Jun 2024

BDO India LLP Account Assistant Interview Experiences for Experienced

1 interview found

Account Assistant Interview Questions & Answers

user image Anonymous

posted on 2 Jun 2024

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
    Add your answer
  • 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
    Add your answer
  • 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
    Add your answer
  • 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
    Add your answer
  • 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
    Add your answer
Round 2 - Behavioral 

(7 Questions)

  • Q1. Why you want to join BDO?
    • Add your answer
  • Q2. What is the reason for applying for this position?
    • Add your answer
  • Q3. Where do you see yourself in 5 years?
    • Add your answer
  • Q4. Tell me your previous experience on how did you manage excess work pressure?
    • Add your answer
  • Q5. How will you deal with demanding clients?
    • Add your answer
  • 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
    Add your answer
  • Q7. Would you be able to face clients and how would you negotiate for realistic deadlines if client is proposing unrealistic deadlines?
    • Add your answer

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.

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2w
mrstorm
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works at
Wipro
90 days notice period
"Hi everyone, I have a 90-day notice period and actively seeking new job opportunities. However, I haven't received any interview calls yet due to this notice period. I would appreciate any advice on how to navigate this situation. Additionally, if I update my profile to indicate that I am serving my notice period (even though I’m not), how should I handle questions regarding this during interviews? Any guidance or referrals would be greatly appreciated.I am looking for opportunities in ad tech field now.Thank you!"
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Interview questions from similar companies

Associate Interview Questions & Answers

EY Global Delivery Services ( EY GDS) user image Anonymous

posted on 22 May 2021

I applied via Referral and was interviewed before May 2020. There were 5 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. Concepts related to Financial Statements (Balance Sheet, P&L, Cash Flow Statement) and ratio analysis
    • Add your answer
  • Q2. Importance of Auditing
  • Ans. 

    Auditing is important to ensure accuracy, compliance, and transparency in financial reporting.

    • Auditing helps to detect and prevent fraud and errors in financial statements.

    • It ensures compliance with laws and regulations, such as the Sarbanes-Oxley Act.

    • Auditing provides assurance to stakeholders that financial information is accurate and reliable.

    • It helps to identify areas for improvement in financial management and rep...

    • Answered by AI
    Add your answer
  • Q3. Why this company and not any other?
  • Ans. 

    I chose this company because of its strong reputation, innovative culture, and opportunities for growth.

    • The company has a proven track record of success and is highly regarded in the industry.

    • I am impressed by the company's commitment to innovation and staying ahead of the curve.

    • There are ample opportunities for professional development and advancement within the company.

    • The company's values align with my own, particul...

    • Answered by AI
    Add your answer
  • Q4. Future career plans and how this role fits into that?
  • Ans. 

    I plan to advance my career in project management and this role aligns with my goal.

    • I have a strong interest in project management and have been actively pursuing certifications in this field.

    • This role will provide me with valuable experience in managing projects and working with cross-functional teams.

    • I believe that the skills and knowledge I gain in this role will be transferable to future project management position...

    • Answered by AI
    Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - Showcase keen interest in knowing more about the role and the long term objectives of the company.

Try sticking to the point while answering questions and not deviating from the topic.

Senior Associate Interview Questions & Answers

EY Global Delivery Services ( EY GDS) user image Anonymous

posted on 16 Apr 2021

I applied via Recruitment Consultant and was interviewed before Apr 2020. There were 6 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. What was my experience in stakeholder management? Am I comfortable in pushing stakeholders back and standing my ground.
  • Ans. 

    Yes

    • I have extensive experience in stakeholder management throughout my career.

    • I am comfortable in pushing back stakeholders when necessary and standing my ground.

    • I prioritize open and effective communication with stakeholders to ensure their needs are met.

    • I have successfully managed stakeholders in various projects, including one where conflicting interests needed to be resolved.

    • I believe in building strong relationshi...

    • Answered by AI
    Add your answer
  • Q2. How do I perform and manage under pressure?
  • Ans. 

    I perform and manage under pressure by staying calm, prioritizing tasks, seeking support, and maintaining focus.

    • Stay calm and composed to think clearly and make rational decisions

    • Prioritize tasks based on urgency and importance

    • Seek support from colleagues or supervisors when needed

    • Maintain focus by setting goals and breaking them down into manageable steps

    • Example: In my previous role, during a high-pressure project dea...

    • Answered by AI
    Add your answer
  • Q3. Best examples of managing campaigns and negotiating between stakeholders.
  • Ans. 

    Successfully managed campaigns and negotiated between stakeholders for various projects.

    • Developed and executed a social media campaign for a non-profit organization, resulting in a 30% increase in donations.

    • Negotiated with vendors to reduce costs by 15% for a company's annual conference.

    • Managed a political campaign, coordinating with volunteers and stakeholders to ensure a successful election.

    • Collaborated with cross-fu...

    • Answered by AI
    Add your answer
  • Q4. What am I looking for in my new role and how do I want to grow in it?
  • Ans. 

    I am looking for a challenging role where I can contribute my expertise and continue to grow professionally.

    • Opportunity to work on complex projects

    • Ability to lead and mentor junior team members

    • Continued learning and professional development

    • Opportunities for advancement and career growth

    • Collaborative and supportive work environment

    • Answered by AI
    Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare your interview as per your resume. Prepare well and be ready to explain things in details. Also, there will be 2-3 rounds of interview on average and it may go up to 3-4 depending on role and seniority

Associate Interview Questions & Answers

Befree Business Resourceing user image Anonymous

posted on 23 Mar 2022

I applied via Walk-in and was interviewed before Mar 2021. There were 3 interview rounds.

Round 1 - Assignment 

Journal entries for Final accounts , GST and Payroll.

Round 2 - Technical 

(2 Questions)

  • Q1. Golden rules of accounts, GST related Journals entries.
    • Add your answer
  • Q2. You need to know about Balance sheet and Profit & Loss account line items.
    • Add your answer
Round 3 - HR 

(3 Questions)

  • Q1. What are your salary expectations?
    • Add your answer
  • Q2. Share details of your previous job.
    • Add your answer
  • Q3. Tell me about yourself.
    • Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - Fundamentals of Accounts & GST knowledge needed.

Associate Interview Questions & Answers

EY Global Delivery Services ( EY GDS) user image Anonymous

posted on 29 Jul 2021

I applied via Campus Placement and was interviewed before Jul 2020. There were 4 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. What is bank reconciliation?
  • Ans. 

    Bank reconciliation is the process of comparing a company's bank statement with its own accounting records.

    • It helps to identify any discrepancies between the two records.

    • It ensures that all transactions are accurately recorded in the company's books.

    • It involves matching transactions on the bank statement with transactions in the company's accounting system.

    • Any differences are investigated and resolved.

    • Examples of items...

    • Answered by AI
    View 1 more answer
  • Q2. What is cash flow statement?
  • Ans. 

    Cash flow statement is a financial statement that shows the inflow and outflow of cash in a business over a period of time.

    • It shows the sources of cash and how it is used.

    • It is divided into three sections: operating, investing, and financing activities.

    • It helps in analyzing the liquidity and solvency of a business.

    • Example: A company's cash flow statement shows that it has a positive cash flow from operating activities,...

    • Answered by AI
    Add your answer
  • Q3. Journal entries
    • Add your answer
  • Q4. More questions on cash flow statement by asking and example
    • Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare basics of accounts only for technical round

Associate Interview Questions & Answers

EY Global Delivery Services ( EY GDS) user image Anonymous

posted on 30 Sep 2021

I applied via Monster and was interviewed in Mar 2021. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Salary appraisal
    • Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - They looking who is having 4-6 years of experience in relevant field for Cochin location.

Associate Interview Questions & Answers

EY Global Delivery Services ( EY GDS) user image Anonymous

posted on 7 Feb 2022

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.
    • Add your answer
  • Q2. What are your salary expectations?
    • Add your answer
  • Q3. Tell me about yourself.
    • Add your answer
Round 3 - Technical 

(1 Question)

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

(3 Questions)

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

Interview Preparation Tips

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

Senior Associate Interview Questions & Answers

NAV Backoffice user image Anonymous

posted on 19 Jun 2024

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
    • Add your answer
  • 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
    Add your answer

Associate Interview Questions & Answers

BDO RISE Private Limited user image Anonymous

posted on 17 Nov 2024

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
-
Result
-

I applied via Approached by Company and was interviewed in Oct 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. How would you identify a Finance Lease? (5 pointers)
  • Ans. 

    A finance lease is a type of lease where the lessee has substantially all the risks and rewards of ownership.

    • The lease term is for the major part of the economic life of the asset

    • The present value of the minimum lease payments is equal to or more than the fair value of the asset

    • The asset is expected to be used by the lessee for the major part of its economic life

    • The lease agreement includes an option to purchase the as...

    • Answered by AI
    Add your answer
  • Q2. How would you recognise revenue of Bundled services?
  • Ans. 

    Recognizing revenue of bundled services involves allocating the total revenue to each service based on their standalone selling prices.

    • Identify the standalone selling prices of each service included in the bundle.

    • Allocate the total revenue based on the relative fair value of each service.

    • Recognize revenue for each service as it is delivered or as the customer consumes the service.

    • Ensure that the revenue recognition com...

    • Answered by AI
    Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared with IFRS 15 and 16.

Senior Associate Interview Questions & Answers

Kpmg Resource Centre user image Anonymous

posted on 19 Sep 2023

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
    • Add your answer
  • Q2. Why KPMG and not others
    • Add your answer
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
    Add your answer
  • Q2. Scenario based questions
    • Add your answer
  • 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
    Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepare with technical skills and communication is key.
More about working at BDO India LLP

BDO India LLP Interview FAQs

How many rounds are there in BDO India LLP Account Assistant interview for experienced candidates?
BDO India LLP interview process for experienced candidates usually has 2 rounds. The most common rounds in the BDO India LLP interview process for experienced candidates are Technical and Behavioral.
How to prepare for BDO India LLP Account Assistant interview for experienced candidates?
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 for experienced candidates?

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

  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 Interviews By Designations

BDO India LLP Account Assistant Interview Process for Experienced

based on 1 interview

Interview experience

4
  
Good
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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

Explore 10 Reviews and Ratings
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