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Befree Business Resourceing Assistant Auditor Interview Questions and Answers

Updated 30 Jul 2023

Befree Business Resourceing Assistant Auditor Interview Experiences

1 interview found

Assistant Auditor Interview Questions & Answers

user image Ravali burle

posted on 30 Jul 2023

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Naukri.com and was interviewed in Jun 2023. 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 - Aptitude Test 

Good and depth of technical like they asked me about general knowledge and logical reasoning, communication , paragraph related questions

Round 3 - Technical 

(2 Questions)

  • Q1. Pre receive incomes, impact of purchase of manchinery in balance sheet and statement of pand l , journal entry on tds , gst, prepaid outstanding and will government get benefit by tds
  • Q2. Is pre receive liability or asset
  • Ans. 

    Pre-receive liability is a financial obligation that arises before the receipt of goods or services.

    • Pre-receive liability refers to a liability that is incurred before the actual receipt of goods or services.

    • It is a financial obligation that a company owes to its suppliers or vendors for goods or services that have not yet been received.

    • Examples of pre-receive liabilities include advance payments made for future purcha...

  • Answered by AI

Interview questions from similar companies

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

Interview Questionnaire 

1 Question

  • Q1. CARO2020, Companies Act, SA, INDA AS, AS, details of work done in Articleship

Interview Preparation Tips

Interview preparation tips for other job seekers - Read CARO, Latest Amemnment, Audit Report Format, IND AS 115, 116, 12 and AS and have a summary of work done in articleship

Interview Questionnaire 

1 Question

  • Q1. Introduction

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.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Feb 2023. There was 1 interview round.

Round 1 - HR 

(1 Question)

  • Q1. Introduce yourself

Interview Preparation Tips

Interview preparation tips for other job seekers - Speak confidently
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Jan 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. Explain about ASC 842
  • Q2. Explain ASC 606 five steps
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed in Aug 2022. There were 4 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 

Basics Questions About Financial knowledge and reasoning.

Round 3 - One-on-one 

(2 Questions)

  • Q1. Tell me About Yourself. Previous Experiences.
  • Q2. Define Contingent Liability.
  • Ans. 

    Contingent Liability is a potential obligation that may arise from past events and whose existence will be confirmed by the occurrence or non-occurrence of one or more uncertain future events.

    • It is a liability that is not yet certain but may become certain in the future

    • It arises from past events

    • It depends on the occurrence or non-occurrence of one or more uncertain future events

    • Examples include pending lawsuits, warran

  • Answered by AI
Round 4 - One-on-one 

(4 Questions)

  • Q1. Describe about Yourself.
  • Q2. Why do you want to join BDO?
  • Q3. Why You? and describe previous Experiences
  • Q4. How do you Contribute to BDO?

Interview Preparation Tips

Topics to prepare for BDO RISE Private Limited Associate interview:
  • Basic Accounting
  • Resume
Interview preparation tips for other job seekers - Be Confident, take time to answer, and give answers calmly.

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
  • 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 Company Website and was interviewed in Mar 2022. 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 tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Assertions audit, ind as 115
  • Q2. Self description , previous org

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare audit and accounts. Better communication
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
-
Result
-

I applied via Approached by Company and was interviewed in Oct 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. How would you identify a Finance Lease? (5 pointers)
  • Ans. 

    A finance lease is a type of lease where the lessee has substantially all the risks and rewards of ownership.

    • The lease term is for the major part of the economic life of the asset

    • The present value of the minimum lease payments is equal to or more than the fair value of the asset

    • The asset is expected to be used by the lessee for the major part of its economic life

    • The lease agreement includes an option to purchase the as...

  • Answered by AI
  • Q2. How would you recognise revenue of Bundled services?
  • Ans. 

    Recognizing revenue of bundled services involves allocating the total revenue to each service based on their standalone selling prices.

    • Identify the standalone selling prices of each service included in the bundle.

    • Allocate the total revenue based on the relative fair value of each service.

    • Recognize revenue for each service as it is delivered or as the customer consumes the service.

    • Ensure that the revenue recognition com...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared with IFRS 15 and 16.

Befree Business Resourceing Interview FAQs

How many rounds are there in Befree Business Resourceing Assistant Auditor interview?
Befree Business Resourceing interview process usually has 3 rounds. The most common rounds in the Befree Business Resourceing interview process are Resume Shortlist, Aptitude Test and Technical.
What are the top questions asked in Befree Business Resourceing Assistant Auditor interview?

Some of the top questions asked at the Befree Business Resourceing Assistant Auditor interview -

  1. Is pre receive liability or as...read more
  2. Pre receive incomes, impact of purchase of manchinery in balance sheet and stat...read more

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Befree Business Resourceing Assistant Auditor Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more

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