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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 appeared for an interview 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 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

I applied via Recruitment Consultant and was interviewed before Jul 2020. There were 4 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. What was your expectation from this new role?
  • Q2. Can you elaborate on your past experiences?
  • Q3. What do you want to work with EY GDS?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be as authentic as you can be when you go in for the interview. Do your homework and prepare your own questions - most interviewers at EY are sharp and ask very pertinent questions.

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
  • 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
  • Q3. Journal entries
  • Q4. More questions on cash flow statement by asking and example

Interview Preparation Tips

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

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
  • 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
  • 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
  • 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

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

Interview Questionnaire 

2 Questions

  • Q1. Ind AS 116
  • Q2. Prepare it very well
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
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Selected Selected

I appeared for an interview in Sep 2024.

Round 1 - Technical 

(2 Questions)

  • Q1. Tell me about yourself
  • Q2. Technical questions

I applied via Company Website and was interviewed in Sep 2021. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about your prior company experience
  • Ans. Since I had 5+ yrs of experience in audit, it was easy for me to take through the interviewer across.
  • Answered Anonymously
  • Q2. Why do you want a job change
  • Ans. To get experience in different domain and BDO rise is once such new organisation to provide a good platform.
  • Answered Anonymously

Interview Preparation Tips

Interview preparation tips for other job seekers - Basically I have attained many interviews one key thing I observed from the companies is that how you can bring values to their teams, ability make solutions. More over I would recommend you to be confident across your interview irrespective they either select you or reject.

All the best.

I applied via Recruitment Consulltant and was interviewed in May 2022. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. What is k-1 and K-2 forms
  • Ans. 

    K-1 and K-2 forms are used for fiancé(e) and dependent visas respectively in the United States.

    • K-1 form is used for fiancé(e) visas and K-2 form is used for dependent visas in the US

    • K-1 form allows a US citizen to bring their fiancé(e) to the US for marriage within 90 days

    • K-2 form allows the dependent children of the K-1 visa holder to accompany them to the US

    • Both forms require extensive documentation and background ch

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared for the basics if interviewing for Tax

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, Behavioral and Resume Shortlist.
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
View more
BDO India LLP Audit Associate Salary
based on 33 salaries
₹4 L/yr - ₹12 L/yr
41% more than the average Audit Associate Salary in India
View more details

BDO India LLP Audit Associate Reviews and Ratings

based on 6 reviews

3.1/5

Rating in categories

3.3

Skill development

2.1

Work-life balance

3.1

Salary

4.1

Job security

3.1

Company culture

3.3

Promotions

2.6

Work satisfaction

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