Deloitte Assistant Manager Interview Questions, Process, and Tips

Financial assets are tangible assets like cash, stocks, bonds, etc. Non-financial assets are intangible assets like goodwill, patents, trademarks, etc.

• Financial assets have a monetary value and can be easily converted into cash, such as stocks, bonds, and cash.

• Non-financial assets do not have a monetary value and are not easily converted into cash, such as goodwill, patents, and trademarks.

• Financial assets are typicall...read more

Audit process involves examining financial records, transactions, and operations to ensure accuracy and compliance with regulations.

• Planning the audit by understanding the business and identifying key risks

• Gathering evidence through testing transactions and balances

• Evaluating the evidence to determine if financial statements are accurate and comply with regulations

• Communicating findings and recommendations to managemen...read more

Disclosure requirements under schedule 3 for MSME creditors include providing details of outstanding dues, reasons for delay in payment, and steps taken to address delays.

• MSME creditors must disclose details of outstanding dues to MSME suppliers.

• Reasons for delay in payment must be disclosed by MSME creditors.

• Steps taken to address delays in payment should be disclosed by MSME creditors.

• Disclosure requirements aim to p...read more

Ind AS 115 is a revenue recognition standard that establishes principles for recognizing revenue from contracts with customers.

• Ind AS 115 replaces the existing revenue recognition guidance in Ind AS 18 and Ind AS 11.

• It introduces a five-step model for revenue recognition: identify the contract, identify the performance obligations, determine the transaction price, allocate the transaction price to the performance oblig...read more

Experienced professional with a background in retail management and a passion for team leadership and customer service.

• Started my career in retail as a sales associate and worked my way up to management roles

• Strong communication and problem-solving skills

• Passionate about creating a positive work environment and delivering exceptional customer service

• Proven track record of meeting and exceeding sales targets

Deloitte is a global leader in professional services with a strong reputation for innovation and client service. London offers a diverse business environment and opportunities for personal and professional growth.

• Deloitte is known for its innovative solutions and client-focused approach

• London is a hub for diverse industries and offers opportunities for personal and professional growth

• Deloitte's presence in London provi...read more

Different doc pricing procedures are used for various reasons such as cost differentiation, customer segmentation, and legal compliance.

• Cost differentiation - Different pricing procedures may be used to reflect the varying costs associated with different types of documents or services.

• Customer segmentation - Pricing procedures can be tailored to different customer segments based on their willingness to pay or value per...read more

16 steps of the production planning process

• 1. Forecasting demand for products

• 2. Developing a production plan based on demand

• 3. Determining the resources needed for production

• 4. Scheduling production activities

• 5. Procuring raw materials and components

• 6. Setting up production facilities

• 7. Training staff on production processes

• 8. Monitoring production progress

• 9. Quality control of products

• 10. Packaging finished products

• 11...read more

We use a tiered pricing procedure based on customer type and quantity purchased.

• Tiered pricing based on customer type (retail, wholesale, etc.)

• Discounts applied for larger quantities purchased

• Regularly review and adjust pricing based on market trends

• Utilize pricing software to streamline the process

Interpretation of direct tax law involves understanding and applying tax regulations to determine tax liabilities.

• Understanding tax laws and regulations

• Applying tax laws to determine tax liabilities

• Interpreting tax codes and guidelines

• Analyzing tax implications of financial transactions

• Ensuring compliance with tax laws