Filter interviews by
Wtd avg cost of capital is the average cost of all the capital sources a company uses, weighted by their proportion in the company's capital structure.
WACC is used to determine the minimum rate of return a company must earn on its investments to satisfy its investors.
It takes into account the cost of debt, cost of equity, and the proportion of each in the company's capital structure.
For example, if a company has 60% of...
Leveraged buyout is a financial transaction where a company is acquired using a significant amount of borrowed money.
LBO involves using debt to finance the acquisition of a company
The acquired company's assets are often used as collateral for the borrowed funds
The goal is to use the acquired company's cash flow to pay off the debt over time
LBOs are often used by private equity firms to acquire companies
Famous examples ...
Liquidity ratio is a financial metric that measures a company's ability to pay off its short-term debts.
It is calculated by dividing a company's current assets by its current liabilities.
A higher liquidity ratio indicates that a company is more capable of paying off its debts.
Common liquidity ratios include the current ratio and the quick ratio.
Liquidity ratios are important for investors and creditors to assess a comp
Debt service coverage ratio is a financial metric used to measure a company's ability to pay its debts.
It is calculated by dividing a company's net operating income by its total debt service.
A ratio of 1 or higher indicates that a company is generating enough income to cover its debt payments.
Lenders often use this ratio to assess a borrower's creditworthiness before approving a loan.
For example, if a company has a net...
Internal rate of return is the rate at which an investment's net present value is zero.
It is a metric used to evaluate the profitability of an investment.
It takes into account the time value of money and considers all cash flows associated with an investment.
The higher the IRR, the more profitable the investment.
IRR is used to compare different investment opportunities with varying cash flows and time horizons.
For exam...
I applied via Recruitment Consulltant and was interviewed in Nov 2024. There was 1 interview round.
I am a dedicated and experienced internal auditor with a strong track record of identifying and mitigating risks.
Performed risk assessments to identify potential areas of concern
Conducted thorough audits to assess compliance with regulations and internal policies
Developed recommendations for improving internal controls and processes
Presented audit findings to senior management and stakeholders
Collaborated with cross-fu...
In 10 years, I see myself as a seasoned Internal Auditor leading a team of professionals, implementing innovative audit strategies, and contributing significantly to the organization's growth.
Leading a team of auditors
Implementing innovative audit strategies
Contributing to organizational growth
Continuing professional development
Possibly pursuing advanced certifications like CIA or CISA
Substantive testing involves testing the accuracy and completeness of financial information, while control testing evaluates the effectiveness of internal controls.
Substantive testing is used to gather evidence on the accuracy and completeness of financial information.
Control testing is used to evaluate the effectiveness of internal controls in place to prevent and detect errors or fraud.
Substantive testing includes pr...
Accounts payable and receivable are audited by examining invoices, payments, reconciliations, and internal controls.
Reviewing invoices and matching them to purchase orders and receiving reports
Confirming balances with vendors and customers
Analyzing aging reports to identify overdue payments
Testing internal controls related to authorization, recording, and reconciliation of transactions
Performing cutoff tests to ensure
Materiality is the concept of determining the significance or importance of information in relation to a specific context.
Materiality is a subjective concept that varies depending on the nature of the information and its impact on decision-making.
It involves assessing whether the information, if omitted or misstated, would influence the decisions of users of the financial statements.
Materiality is often considered in t...
I applied via Naukri.com and was interviewed in Sep 2024. There was 1 interview round.
BDO interview questions for popular designations
I applied via Campus Placement and was interviewed in Dec 2024. There was 1 interview round.
Get interview-ready with Top BDO Interview Questions
I applied via LinkedIn and was interviewed in Jun 2024. There were 2 interview rounds.
Online based aptitude test which included accounts. journal and ledger
I have over 5 years of experience in taxation, including preparing tax returns, conducting tax research, and advising clients on tax planning strategies.
Prepared individual and business tax returns accurately and efficiently
Conducted tax research to stay up-to-date on changing tax laws and regulations
Advised clients on tax planning strategies to minimize tax liabilities
Assisted with IRS audits and resolving tax issues
W...
Accounting rules are guidelines and principles that govern the preparation of financial statements and ensure consistency and accuracy.
Accounting rules help ensure that financial information is recorded accurately and consistently.
They provide guidelines on how to classify, measure, and report financial transactions.
Examples of accounting rules include the matching principle, revenue recognition principle, and the hist
Heads of income refer to different categories under which income is classified for tax purposes.
Heads of income include salary, house property, business or profession, capital gains, and other sources.
Salary income includes income from employment, bonuses, allowances, etc.
House property income includes rental income from properties owned by the individual.
Business or profession income includes income from self-employme...
I applied via Company Website and was interviewed in Jul 2024. There were 2 interview rounds.
I live in a cozy apartment in the heart of the city.
I live in a bustling urban area
My apartment is located near several restaurants and shops
I enjoy the convenience of being close to public transportation
I am a Chartered Accountant with a Bachelor's degree in Commerce.
Chartered Accountant qualification obtained from Institute of Chartered Accountants of India
Bachelor's degree in Commerce from XYZ University
Specialized in accounting, auditing, taxation, and financial management
Public companies are owned by the general public through shares traded on the stock exchange, while private companies are owned by a small group of individuals or investors.
Public companies have shares that are traded on the stock exchange, allowing anyone to buy or sell them.
Private companies are owned by a small group of individuals or investors, and their shares are not publicly traded.
Public companies are required ...
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 principle that only items that could influence the decisions of users of financial statements need to be disclosed
Materiality is influenced by factors such as size, nature, and circumstances of an...
Assertions in audit are management's claims about the accuracy and completeness of financial statements.
Assertions are used by auditors to assess the validity of financial statement items.
There are different types of assertions such as existence, completeness, valuation, rights and obligations, and presentation and disclosure.
For example, an auditor may test the existence assertion by physically inspecting inventory.
As...
Ca inter topic discussed
My salary expectations are in line with industry standards and commensurate with my experience and qualifications.
Research industry standards for executive trainers
Consider my level of experience and qualifications
Be prepared to negotiate based on the specific job responsibilities and benefits package
I applied via Naukri.com and was interviewed in Apr 2024. There was 1 interview round.
Materiality is the concept of determining the significance or importance of information in relation to a specific context.
Materiality helps auditors decide what information is important enough to include in their reports
It is based on the principle that only significant information should be included in financial statements
Materiality is influenced by factors such as the size of the item, its nature, and the needs of t
Substantive tests are procedures performed to detect material misstatements in financial statements, while tests of controls evaluate the effectiveness of internal controls.
Substantive tests are used to gather evidence about the completeness, accuracy, and validity of the financial information.
Examples of substantive tests include analytical procedures, substantive analytical procedures, and tests of details.
Tests of c...
Top trending discussions
The duration of BDO interview process can vary, but typically it takes about less than 2 weeks to complete.
based on 59 interviews
Interview experience
10-16 Yrs
Not Disclosed
6-8 Yrs
Not Disclosed
Associate
610
salaries
| ₹0 L/yr - ₹0 L/yr |
Senior Associate
523
salaries
| ₹0 L/yr - ₹0 L/yr |
Assistant Manager
319
salaries
| ₹0 L/yr - ₹0 L/yr |
Senior Assistant
188
salaries
| ₹0 L/yr - ₹0 L/yr |
Manager
187
salaries
| ₹0 L/yr - ₹0 L/yr |
Deloitte
PwC
KPMG India
Ernst & Young