Deloitte Articleship Assistant Interview Questions and Answers

It was good and relevant

Q1. Why do you want to intern with KPMG
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Q2. How will you perform under pressure
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Very basic questions which you can solve easily .Try to revise reasoning of ca foundation and basic math formulae.

Q1. Questions related to standards of accounting and auditing
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Q1. It's just some basic questions.
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Q1. Tell me about yourself other than listed in resume?
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Q2. Where do you see post qualification?
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Topic given was Audit Trail

Q1. Asked about AS 9 i..e. revenue recognition
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Q1. Introduce yourself
Ans. 
I am a dedicated and hardworking individual with a passion for accounting and finance.
• Graduate in Accounting from XYZ University

• Completed internship at ABC Accounting Firm

• Proficient in MS Excel and Tally software

• Strong analytical and problem-solving skills
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Q2. Rate your excel skill
Ans. 
I rate my Excel skills as advanced.
• Proficient in creating complex formulas and functions

• Skilled in data analysis and visualization using pivot tables and charts

• Experienced in VBA programming for automation tasks
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Reasoning and english round was there

Q1. Current assest definition
Ans. 
Current assets are assets that can be converted into cash within a year.
• Current assets are listed on the balance sheet and include cash, accounts receivable, inventory, and prepaid expenses.

• They are important for assessing a company's liquidity and ability to pay off short-term debts.

• Examples of current assets include cash in hand, short-term investments, accounts receivable, inventory, and prepaid expenses.

• Current ass...read more
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Q2. Explain accounting standard 17
Ans. 
AS 17 deals with segment reporting in financial statements.
• AS 17 requires companies to report financial information about their operating segments, which are components of the company that generate revenue and incur expenses.

• The standard defines how to identify and report operating segments, and requires disclosure of segment revenue, profit or loss, assets, liabilities, and other information.

• Segment reporting helps us...read more
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Q1. Tell me about yourself
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Q2. Family background
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Q1. How would you audit Trade receivables
Ans. 
Trade receivables are audited by verifying the existence, valuation, and rights of the receivables.
• Verify the existence of trade receivables by confirming with customers through direct communication or third-party confirmations.

• Assess the valuation of trade receivables by reviewing the aging schedule and assessing the likelihood of collection.

• Examine the rights associated with trade receivables by reviewing contracts, ...read more
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Q2. Simple external confirmations would work along with management authorisation letter to ask the information from the clients and also vouching the sales and terms pf payment agreement specific to the credit...read more
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Average questions asked on QA, logical reasoning

Q1. Tell me about yourself
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Q1. Technical knowledge of ca INTER
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