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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 PwC
Q4. 4) What is Internal Financial Control over Financial Reporting.
asked in Deloitte
Q5. 9) When an Asset increases it must be debited or credited?

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before Dec 2021. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Basic Accounting Journal Entries
  • Q2. Basic audit questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Basic Accounting Journal Questions like bad debt journal entry

Interview Questionnaire 

2 Questions

  • Q1. Ind AS 116
  • Q2. Prepare it very well

I applied via Campus Placement and was interviewed before Oct 2019. There were 6 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Talk about yourself?
  • Q2. Just talk casually..Note that u dont start talking about youself by telling ur name..Talk something intersting or unique that might impress the interviewer.

Interview Preparation Tips

Interview preparation tips for other job seekers - Stay normal, confident, smiling positive and real..Just be yourself..

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
  • 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
  • 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
  • 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

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.

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 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

I applied via Naukri.com and was interviewed in Feb 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Accouting concepts Accural Accouting, Depreciation, B/Sheet, P&Loss

I applied via Walk-in and was interviewed before Jul 2021. There were 5 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 - Aptitude Test 

Testing your knowledge and aptitude

Round 3 - Group Discussion 

Be prepared as they can ask any topic in the GD

Round 4 - Technical 

(2 Questions)

  • Q1. It went on for about an hour with the senior manager
  • Q2. General knowledge about accounting, journal entries and audit
Round 5 - HR 

(1 Question)

  • Q1. Quite simple and was mostly a formality

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and go through the JD thoroughly. Also, always inquire which geography you’re interviewing for as it’ll give you an idea as to how you can frame your answers

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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