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BDO Audit Associate Interview Questions, Process, and Tips

Updated 21 Nov 2023

BDO Audit Associate Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
No response

I applied via Referral and was interviewed in Oct 2023. There were 2 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 

(5 Questions)

  • Q1. Audit of Specified Accounts
  • Ans. 

    Audit of specified accounts involves examining specific financial accounts to ensure accuracy and compliance.

    • Identify the specified accounts to be audited based on risk assessment

    • Review transactions and balances related to the specified accounts

    • Perform substantive testing to verify the accuracy of the accounts

    • Document findings and communicate any discrepancies to management

    • Ensure compliance with relevant accounting sta

  • Answered by AI
  • Q2. Ind AS 115, Ind AS 116, Ind AS 2
  • Q3. Difference between Current assets and Financial Assets
  • Ans. 

    Current assets are assets that are expected to be converted into cash or used up within one year, while financial assets are assets that are traded in financial markets.

    • Current assets include cash, accounts receivable, inventory, and prepaid expenses

    • Financial assets include stocks, bonds, derivatives, and other securities

    • Current assets are used in day-to-day operations of a business, while financial assets are typicall

  • Answered by AI
  • Q4. How to determine materiality
  • Ans. 

    Materiality is determined by considering the impact of an error on financial statements and users' decision-making.

    • Consider the size and nature of the item in relation to the financial statements

    • Assess the potential impact on users' decision-making

    • Take into account regulatory requirements and industry standards

    • Use professional judgment to determine materiality thresholds

    • Materiality can vary based on the specific circum

  • Answered by AI
  • Q5. How to do audit of Fixed Assets
  • Ans. 

    Audit of Fixed Assets involves verifying existence, ownership, valuation, and physical condition of assets.

    • Reviewing the fixed assets register to ensure all assets are recorded accurately

    • Physically inspecting the assets to verify their existence and condition

    • Checking ownership documents to confirm legal ownership of the assets

    • Evaluating the valuation method used for fixed assets to ensure it complies with accounting st...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Should Prepare for Technical Questions very Well.

Interview questions from similar companies

Associate Interview Questions & Answers

PwC user image Anonymous

posted on 16 Jul 2021

I applied via Referral and was interviewed in Jun 2021. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. Tell me about youself
  • Q2. What is materiality level
  • Ans. 

    Materiality level is the threshold at which financial information becomes significant enough to influence the decision-making of users.

    • Materiality level is determined by the size and nature of the item or error being evaluated.

    • It is used to determine what information needs to be disclosed in financial statements.

    • If an item is below the materiality level, it may not need to be disclosed.

    • Materiality level can vary depend...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - read

Interview Questionnaire 

1 Question

  • Q1. 3 rounds were there. Project related questions along with 3 simple programming questions

Associate Interview Questions & Answers

PwC user image Anonymous

posted on 31 Dec 2021

I applied via Naukri.com and was interviewed before Dec 2020. There were 5 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Different Aspects of GST vis a vis erstwhile tax regime. Recent GST changes. GST related numerical questions.
  • Ans. 

    GST has replaced multiple indirect taxes with a single tax. Recent changes include simplified return filing and reduced rates for certain items.

    • GST has replaced multiple indirect taxes like VAT, excise duty, service tax, etc.

    • It has simplified the tax structure and reduced the cascading effect of taxes.

    • Recent changes include the introduction of simplified return filing through GST Sahaj and GST Sugam.

    • GST rates have been...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Being prepared in the respective tax/accounting/audit field is helpful. Being confident and showing an eagerness to learn is what is seen as an essential quality.

Associate Interview Questions & Answers

PwC user image Anonymous

posted on 25 Oct 2021

I applied via Recruitment Consultant and was interviewed in Apr 2021. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Case studies

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare for field related case studies for every round if giving interview for analytics team.

I applied via Naukri.com and was interviewed in Apr 2021. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. General technical questions about java, jdbc, mysql and about cloud, then what is the challenge faced by you in your life.

Interview Preparation Tips

Interview preparation tips for other job seekers - Be patient, to become the key of success

I applied via Recruitment Consultant and was interviewed in Nov 2019. There were 3 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. What kind of projects you have completed?
  • Q2. How handy you are on the tool?
  • Ans. 

    I am quite handy with tools and have experience using various types of equipment.

    • I have experience using power tools such as drills, saws, and sanders

    • I am skilled in using hand tools such as hammers, screwdrivers, and wrenches

    • I have experience with measuring and cutting materials accurately

    • I am able to troubleshoot and fix common household problems such as leaky faucets or broken appliances

  • Answered by AI
  • Q3. How would you rate yourself in that particular tool out of 5?
  • Ans. 

    I would rate myself 4 out of 5 in that particular tool.

    • I have extensive experience using the tool in various projects.

    • I have received positive feedback from colleagues and clients on my proficiency in the tool.

    • I am confident in my ability to troubleshoot and solve problems using the tool.

    • However, there may be some advanced features of the tool that I am not yet familiar with.

    • Overall, I believe I am highly skilled in us

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - It is all about your work experience, your role in previous organization, Project handling etc.

Associate Interview Questions & Answers

PwC user image Anonymous

posted on 11 Sep 2022

I applied via Campus Placement and was interviewed before Sep 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 Resume tips
Round 2 - Aptitude Test 

I had a tax profile so basics of Tax, accounts, excel and simple english

Round 3 - One-on-one 

(1 Question)

  • Q1. Testing your technical knowledge

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident, show your communicative, and you are positive about growth and learning also exploring roles at the organization

I applied via Referral and was interviewed before Jul 2021. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Most of questions were based on IND AS since this role was in Assurance service line under Financial accounting and advisory services.
  • Q2. Questions were from IND AS AS 115,116 103 and why want to work with EY values of EY etc. and yeah i question that remains same in every interview was Tell me about yourself

Interview Preparation Tips

Interview preparation tips for other job seekers - Please be honest with your resume and calm during interview.

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

Round 1 - Technical 

(2 Questions)

  • Q1. What is Forgerock IDM
  • Ans. 

    ForgeRock IDM is an identity management software that provides secure access to applications and services.

    • ForgeRock IDM allows organizations to manage user identities and access privileges across multiple systems and applications.

    • It provides a centralized platform for managing user authentication, authorization, and provisioning.

    • ForgeRock IDM supports various authentication protocols such as OAuth, SAML, and OpenID Con...

  • Answered by AI
  • Q2. How user on boarding is done
  • Ans. 

    User onboarding is the process of introducing new users to a product or service and helping them get started.

    • Provide clear instructions and guidance on how to use the product or service

    • Offer tutorials or walkthroughs to help users understand the features and functionality

    • Simplify the registration process and make it easy for users to create an account

    • Provide support and assistance to users who encounter issues or have ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare for your domain related
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BDO Interview FAQs

How many rounds are there in BDO Audit Associate interview?
BDO interview process usually has 2 rounds. The most common rounds in the BDO interview process are Resume Shortlist and Technical.
What are the top questions asked in BDO Audit Associate interview?

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

  1. Difference between Current assets and Financial Ass...read more
  2. How to do audit of Fixed Ass...read more
  3. How to determine material...read more

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BDO Audit Associate Interview Process

based on 1 interview

Interview experience

4
  
Good
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BDO Audit Associate Salary
based on 53 salaries
₹4.2 L/yr - ₹13.5 L/yr
63% more than the average Audit Associate Salary in India
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