Dakshin Bihar Gramin Bank Senior Internal Auditor Interview Questions, Process, and Tips

Risk rating is a method used to assess the level of risk associated with a particular event or activity.

• Risk rating involves evaluating the likelihood of a risk occurring and the potential impact if it does.

• It helps organizations prioritize risks and allocate resources effectively.

• Risk rating typically uses a scale (e.g. low, medium, high) to categorize risks based on their severity.

• Examples of risk rating criteria inc...read more

Compliance of audit refers to ensuring that all audit activities are conducted in accordance with relevant laws, regulations, and standards.

• Compliance of audit involves verifying that the audit process follows established guidelines and procedures.

• It includes ensuring that the audit team has the necessary qualifications and independence to perform their duties effectively.

• Compliance of audit also involves confirming th...read more

I have 5 years of experience in the Audit section.

• I have worked in the Audit section for 5 years.

• During this time, I have gained experience in conducting financial audits, operational audits, and compliance audits.

• I have also developed strong analytical and problem-solving skills through my audit experience.

• I am familiar with audit procedures, standards, and regulations.

• I have experience in preparing audit reports and

As a Senior Internal Auditor, the action when fraud is found involves investigating, documenting evidence, reporting to management, and recommending corrective actions.

• Conduct a thorough investigation to gather evidence of the fraud

• Document all findings and evidence in a detailed report

• Report the fraud to senior management and relevant authorities if necessary

• Recommend corrective actions to prevent future occurrences o...read more