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Crowe Horwath Audit Associate Interview Questions and Answers

Updated 5 Mar 2024

Crowe Horwath Audit Associate Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

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

Round 1 - One-on-one 

(2 Questions)

  • Q1. Types of leases? Can a contract be verbal ? what are the five step approach of revenue recognition ?
  • Ans. 

    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...

  • Answered by AI
  • Q2. Why here in crowe , and not in any other big 4s?

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Double-check your resume for any spelling mistakes. The recruiter may consider spelling mistakes as careless behavior or poor communication skills.
View all Resume tips
Round 2 - HR 

(1 Question)

  • Q1. Tell me about yourself?
Round 3 - Technical 

(1 Question)

  • Q1. Ind AS, Taxation and Audit SA?
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before May 2023. There were 3 interview rounds.

Round 1 - Aptitude Test 

Easy 4 sections general questions easily cleared

Round 2 - Group Discussion 

My topic was ev cars vs petrol cars. All were shortlisted.

Round 3 - One-on-one 

(2 Questions)

  • Q1. Why you want to join rsm
  • Q2. What is suspense account
  • Ans. 

    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

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Brush up basic accounts before interview

Associate Interview Questions & Answers

BDO user image Anonymous

posted on 21 May 2021

Interview Questionnaire 

1 Question

  • Q1. Accounting standards, IFRS, BDO audit methodology

Associate Interview Questions & Answers

BDO user image Anonymous

posted on 30 Apr 2024

Interview experience
2
Poor
Difficulty level
Easy
Process Duration
4-6 weeks
Result
No response

I applied via Referral and was interviewed in Oct 2023. There was 1 interview round.

Round 1 - Technical 

(1 Question)

  • Q1. Audit & Standards related question
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 experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Sep 2023. There was 1 interview round.

Round 1 - Technical 

(3 Questions)

  • Q1. About join as (questions based on joins)
  • Q2. About index how to use
  • Q3. How to do optimisation
  • Ans. 

    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

  • Answered by AI

Skills evaluated in this interview

Associate Interview Questions & Answers

BDO user image Anonymous

posted on 16 Oct 2024

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Sep 2024. There was 1 interview round.

Round 1 - Technical 

(3 Questions)

  • Q1. IND AS transition
  • Q2. Leases , disclosure requirement
  • Q3. Financial reporting disclosures

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare IND AS 101
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
2-4 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Feb 2024. There were 3 interview rounds.

Round 1 - Aptitude Test 

Easy aptitude test, it would not take much time if your base is strong in power bi and SQL.

Round 2 - Technical 

(1 Question)

  • Q1. Power bi technical questions and then SQL technical questions. Data engineering questions was also there.
Round 3 - HR 

(1 Question)

  • Q1. Normal hr round for final discussion.

Interview Preparation Tips

Interview preparation tips for other job seekers - Good opportunities to grow and work pressure is too much.
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Crowe Horwath Interview FAQs

How many rounds are there in Crowe Horwath Audit Associate interview?
Crowe Horwath interview process usually has 1 rounds. The most common rounds in the Crowe Horwath interview process are One-on-one Round.

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Crowe Horwath Audit Associate Interview Process

based on 1 interview

Interview experience

4
  
Good
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