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I applied via Referral and was interviewed before Mar 2023. There was 1 interview round.
Types of leases include finance and operating leases. Verbal contracts are valid but harder to enforce. The five step approach of revenue recognition includes identification, separation, transaction price, allocation, and recognition.
Types of leases: finance lease (capital lease) and operating lease
Verbal contracts are valid but harder to enforce compared to written contracts
Five step approach of revenue recognition: i...
I applied via Campus Placement and was interviewed before May 2023. There were 3 interview rounds.
Easy 4 sections general questions easily cleared
My topic was ev cars vs petrol cars. All were shortlisted.
A suspense account is a temporary account used to record transactions for which there is uncertainty about the appropriate account to use.
Used when there is uncertainty about the correct account to use
Temporary holding place for transactions
Helps prevent errors in financial statements
Commonly used in accounting to temporarily hold transactions until they can be properly classified
I applied via Referral and was interviewed in Oct 2023. There was 1 interview round.
I applied via Referral and was interviewed in Oct 2023. There were 2 interview rounds.
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
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
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
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...
I applied via Approached by Company and was interviewed in Sep 2023. There was 1 interview round.
Optimisation involves finding the best solution to a problem by maximizing or minimizing a certain objective function.
Identify the objective function to be optimized
Define constraints that need to be satisfied
Choose an optimization algorithm such as gradient descent or genetic algorithms
Iteratively improve the solution until the optimal solution is found
I applied via Naukri.com and was interviewed in Sep 2024. There was 1 interview round.
I applied via Referral and was interviewed before Jan 2024. There was 1 interview round.
I applied via Walk-in and was interviewed in Feb 2024. There were 3 interview rounds.
Easy aptitude test, it would not take much time if your base is strong in power bi and SQL.
based on 1 interview
Interview experience
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Deloitte
PwC
KPMG India
Ernst & Young