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BDO India LLP Audit Associate Interview Questions and Answers

Updated 16 Oct 2024

BDO India LLP Audit Associate Interview Experiences

2 interviews found

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
-

I was interviewed in Sep 2024.

Round 1 - Technical 

(3 Questions)

  • Q1. What is assertion
  • Ans. 

    Assertion is a claim or statement made by management regarding the financial statements.

    • Assertions are made by management to ensure the accuracy and completeness of financial statements.

    • There are different types of assertions such as existence, completeness, valuation, rights and obligations, etc.

    • For example, the assertion of existence would state that all reported assets and liabilities actually exist.

    • Auditors test th...

  • Answered by AI
  • Q2. What is materiality
  • Ans. 

    Materiality is the concept of determining the significance or importance of an item or event in relation to financial statements.

    • Materiality helps auditors decide what information to focus on during an audit

    • It is based on the size, nature, and circumstances of an item or event

    • Materiality is subjective and can vary depending on the context

    • For example, a small error in a company's financial statements may not be consider...

  • Answered by AI
  • Q3. Different types of audit opinion
  • Ans. 

    Different types of audit opinions include unqualified, qualified, adverse, and disclaimer.

    • Unqualified opinion: clean opinion, no material misstatements found

    • Qualified opinion: some limitations or scope restrictions, but overall financial statements are fairly presented

    • Adverse opinion: significant material misstatements found, financial statements are not fairly presented

    • Disclaimer opinion: auditor unable to form an opi...

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Feb 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 Resume tips
Round 2 - Technical 

(2 Questions)

  • Q1. There were many technical questions asked regarding the audit procedures and controls
  • Q2. Apart from technical questions, questions about yourself and family background were asked
Round 3 - Behavioral 

(1 Question)

  • Q1. No technical questions just general questions about yourself and family background

Interview Preparation Tips

Topics to prepare for BDO India LLP Audit Associate interview:
  • Auditing
  • ind as
  • Taxation
Interview preparation tips for other job seekers - Be natural, confident and frank.
Interviewers are friendly people.
Dress appropriately and keep your camera on (in case of online interview).
If you don't know the answer just accept the fact and move to the next question. Don't get nervous.

Audit Associate Interview Questions Asked at Other Companies

asked in Deloitte
Q1. 8) What is the Bank Reconciliation Statement? Explain with a prac ... read more
asked in PwC
Q2. 2) Ind AS 116, Its objective, Difference between operating Lease ... read more
asked in PwC
Q3. 3) How to do audit of Balance Sheet and Profit & Loss A/c.
asked in Deloitte
Q4. 9) When an Asset increases it must be debited or credited?
asked in Deloitte
Q5. 10) When equity decreases it must be debited or credited?

Interview questions from similar companies

Associate Interview Questions & Answers

PwC user image Anonymous

posted on 13 May 2018

Interview Questionnaire 

1 Question

  • Q1. Normally they asked from CMA Syllabus

Interview Preparation Tips

Round: Test
Experience: Syllabus for written test is CMA Syllabus, general knowledge in Computer.

Associate Interview Questions & Answers

PwC user image Anonymous

posted on 10 May 2018

I applied via Approached by Company and was interviewed in Aug 2017. There were 5 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Solve few SQL joins.
  • Q2. .Net developer profile and the technologies I can get, everything was eye wash post joining

Interview Preparation Tips

Round: Manager + Lead round (not sure what kind of round is this)
Experience: details about the work profile, most of which never happened post joining.

General Tips: If you come from technical background, please do not join PwC SDC and jeopardize our career. There is no technical setup, neither any infrastructure, technical work wont just happen except for few bits n pieces UI work here n there. This is not a company for technical people.
Skills: Communication
Duration: 1-4 weeks

I applied via Walk-in

Interview Questionnaire 

1 Question

  • Q1. What do you think is supply chain consulting all about? Should HUL enter the Rural Markets? Do these rural consumers have even the purchasing power? What format HUL should adopt Different Trac...
  • Ans. 

    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...

  • Answered by AI

Interview Preparation Tips

Round: Case Study Interview
Experience: This was an unstructured multiple case/scenario based interview and needed on spot thinking and some knowledge about the retail scenario in Indian Urban/Rural spaces. Interviewer was looking always doubtful about my ideas and was challenging the thoughts in between with some facts from his experience. What helped that I maintained my calm and followed a firm and informed stand on issues and gave relevant examples (like HUL’s Re 1 Shampoo sachet success in low income group people).
I presented my thoughts clearly and convincingly with examples of rural people buying luxury items as well and gave a few statistics about the size of urban vs rural markets in India. I further went on with examples of ITC retail, which was going successfully in integrating its rural retail business with agri-procurement channel (e-chaupal). Gave a few creative ideas about 2-3 possible new formats.

Skills: Case Solving Ability, Case Analysis
College Name: Indian School Of Business (ISB)

I was interviewed in Aug 2016.

Interview Questionnaire 

1 Question

  • Q1. Technical questions about audit and law were asked

Interview Preparation Tips

Round: Test
Experience: The candidate's hold over the english language was tested by asking him to write about his ambition over the course and some technical topic
Duration: 45 minutes
Total Questions: 2

Round: Technical Interview
Experience: The confidence of answering and the courage of admitting that i dont know the answer was tested

College Name: BMCC

I was interviewed in Apr 2017.

Interview Preparation Tips

Skills: Communication, Technical Skills, Personality, Personnel Management, Conversation Skills, Connect With The Interviewer
College Name: Keshav Mahavidyalaya

Interview Questionnaire 

1 Question

  • Q1. Basic accounting terms

Interview Preparation Tips

Round: Test
Experience: easy multiple choice questions
Tips: brush up verbal reasoning, quantitative ability and logical reasoning.
Duration: 30 minutes

Round: Group Discussion
Experience: a smooth group discussion without much interruptions.
Tips: stay calm and wait for your turn. it is always better to let the others put forward there points and then counter it. never interrupt anyone because such an act would lead to a debate and not a team discussion.

Round: Technical Interview
Experience: it is a good experience when you know the answers to most of the questions.
Tips: having a calm and confident mind always helps. do take your time to answer a question because taking time and answering correctly is always better than giving the wrong answer.

Round: HR Interview
Tips: it is good to have direct answers for the questions relating to one's time commitments and future plans.

Skills: communication skills, technical skills
College Name: sgtb khalsa college
Motivation: part of the big 4 accounting firms

Associate Interview Questions & Answers

PwC user image Nishita Karad

posted on 21 Nov 2015

I applied via Company Website

Interview Questionnaire 

3 Questions

  • Q1. Describe a time where you showed leadership skills
  • Q2. Describe a time where you handled a difficult situation
  • Ans. 

    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

  • Answered by AI
  • Q3. Describe a scenario where you demonstrated your ability to communicate effectively

Interview Preparation Tips

Round: Behavioural Interview
Experience: The behavioral interview for PwC UK is usually conducted by telephone and then the final interview which includes a behavioral component happens in the last stage. The interview was a great experience and I enjoyed speaking to the interviews on both occasions. I spent sometime getting familiar with PwC's core competencies and prepared examples from my life that reflected these competencies. It was also useful to practice these questions in front of the mirror as it helped me to restructure my answers well. All in all, it was a friendly experience and the interviewers are looking to know you better. Just be confident, smile and be yourself. A "rattofied-textbook" answer will surely get you rejected, instead speak what you really believe in and let it be authentic!
Tips: Use the STAR technique to answer behavioral interview questions :-
S (Situation) - What was the situation? Give the context in approx 1-2 lines for the interviewer to understand the situation.
T (Task) - What was the task that you were required to do? Eg. Group project, team task etc.
A (Action) - What did YOU do? Focus on your actions NOT that of the team. Eg. I managed my time by prioritizing my responsibilities. Or, I spoke to my team leader about the problem. Or, I researched the current market trends in XYZ.
R (Result) - What was the end result? Eg: I completed the task in time. Or, The group increased the productivity by x%.




Round: Assessment day
Experience: After being successful in the telephone interview I was invited to attend an Assessment Day at the PwC office in London. We had a series of tasks throughout the day which included a case study, group task and client interview. It is quite rigorous and the day was quite exhausting.
Tips: Complete all the tasks in the given time. You will be marked down if you fail to finish.
Try to be inclusive in the group discussions. Use names of participants while talking to them.

General Tips: The recruitment process is designed if you are a right fit in the company, It's equally important for you to judge if the company is the right fit for you. Talk to people in the company, explore company resources, search news articles about the company, and most important - follow your instinct!
Skills:
College Name: London School of Economics

Associate Interview Questions & Answers

PwC user image Anonymous

posted on 17 Jan 2015

Interview Preparation Tips

Round: Resume Shortlist
Experience: I first created a master resume and got it reviewed by others.
Tips: Spend enough time in preparing your master resume. Have a resume ready for all the sectors you are targeting. Start as early as possible and get your one page resume ready well in time before the deadline.

Round: Test
Tips: Practice a lot. Prefer practicing in a group and attempt timed tests. Also try out puzzles.

Round: Interview
Experience: There were two rounds, each with a single member panel.
They asked a few HR questions initially followed by a case study. The HR questions were diverse, like how would you handle different scenarios in work and about books I read. I was grilled with these questions.
The case was easy but I presented it in an unstructured manner, but I was able to give a decent solution in the end.

Round: Interview
Experience: The second round started off with a case in which I performed relatively better. The interviewer then asked me if I had any questions for him, and that's when I started talking about the analytics industry. This went on for 15 minutes, and I think this sealed the deal for me.

General Tips: Identify the companies you want to target. Be pragmatic in your choice and prepare accordingly. n
Prepare in a group.
Remember that Resume is one important aspect.
College Name: IIT KANPUR
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BDO India LLP Interview FAQs

How many rounds are there in BDO India LLP Audit Associate interview?
BDO India LLP interview process usually has 2 rounds. The most common rounds in the BDO India LLP interview process are Technical, Resume Shortlist and Behavioral.
How to prepare for BDO India LLP Audit Associate 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 Standards, Auditing, Ca, Company Law and IFRS.
What are the top questions asked in BDO India LLP Audit Associate interview?

Some of the top questions asked at the BDO India LLP Audit Associate interview -

  1. Different types of audit opin...read more
  2. What is assert...read more
  3. What is material...read more

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BDO India LLP Audit Associate Interview Process

based on 2 interviews

Interview experience

5
  
Excellent
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BDO India LLP Audit Associate Salary
based on 33 salaries
₹4 L/yr - ₹12 L/yr
42% more than the average Audit Associate Salary in India
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BDO India LLP Audit Associate Reviews and Ratings

based on 6 reviews

3.1/5

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3.3

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2.1

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3.1

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4.1

Job security

3.1

Company culture

3.3

Promotions

2.6

Work satisfaction

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