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Ens Associates Senior Audit Associate Interview Questions and Answers
Ens Associates Senior Audit Associate Interview Experiences
1 interview found
I applied via Indeed and was interviewed in Nov 2024. There was 1 interview round.
(2 Questions)
- Q1. Tally entries to be passed
- Q2. Gst reconciliation to be prepared
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Senior Audit Associate Interview Questions & Answers
BDO RISE Private Limited
Anonymous
posted on 24 Oct 2023
Selected
I applied via Naukri.com and was interviewed before Oct 2022. There were 3 interview rounds.
(1 Question)
- Q1. Basics about SOC reports
(1 Question)
- Q1. Financial stuff and we're More concerned about the Attitude
Senior Audit Associate Interview Questions & Answers
EY Global Delivery Services ( EY GDS)
Anonymous
posted on 10 Jun 2024
Selected
I applied via Referral and was interviewed before Jun 2023. There were 2 interview rounds.
(1 Question)
- Q1. Discuss your work experience
(1 Question)
- Q1. How do you manage your engagements
Senior Audit Associate Interview Questions & Answers
Kpmg Resource Centre
Anonymous
posted on 8 Jan 2023
Selected
I applied via campus placement at Sri Guru Gobind Singh College of Commerce, Delhi and was interviewed before Jan 2022. There were 5 interview rounds.
Basic accounting, maths, logical reasoning via Amcat
Given any topic to discuss our opinion over the same
(2 Questions)
- Q1. Walk me through your resume
- Q2. What were your contributions in your internship or societies, tell me something about your extracurricular activities
(2 Questions)
- Q1. What is accounting, basic accounting questions
- Q2. What is prudence concept
- Ans.
Prudence concept is an accounting principle that requires caution and carefulness in financial reporting.
Prudence concept suggests that a company should not overstate its assets or income, and should not understate its liabilities or expenses.
It is also known as conservatism principle.
This principle helps in avoiding over-optimism and overconfidence in financial reporting.
For example, if a company is uncertain about th...
Interview Preparation Tips
Selected
I applied via Naukri.com and was interviewed in Jul 2024. There were 2 interview rounds.
(4 Questions)
- Q1. Case study on Ind as 115. Timing of recognition as revenue of Amount provided for training employees for a specific assignment
- Ans.
Under Ind AS 115, revenue for training employees for a specific assignment should be recognized when the training services are provided.
Revenue should be recognized over time as the training services are provided.
The amount provided for training employees should be allocated to each period based on the progress of the training.
The timing of revenue recognition should align with the timing of when the training services ...
- Q2. Ind as 116 case study
- Q3. Ind as 2 calculation of inventory cost as per fifo
- Ans.
Ind AS 2 requires inventory cost to be calculated using the FIFO method.
Under FIFO method, the oldest costs are assigned to inventory first.
Cost of goods sold is calculated using the oldest costs first.
Ending inventory is valued at the most recent costs.
Example: If a company purchases inventory at $10, $12, and $15, under FIFO method, the inventory sold will be valued at $10 first.
Example: If the company sells 100 unit...
- Q4. Ind as 102 journal entries
- Ans.
Ind AS 102 journal entries are used to record share-based payments in financial statements.
Ind AS 102 requires companies to recognize share-based payments as an expense in their financial statements.
Journal entries for share-based payments typically involve debiting an expense account and crediting either equity or liability accounts.
For example, if a company grants stock options to employees, the journal entry would i...
(1 Question)
- Q1. Questions based off resume
Interview Preparation Tips
I was interviewed in Sep 2024.
(3 Questions)
- Q1. What is assertion
- Ans.
Assertion is a claim or statement made by management regarding the financial statements.
Assertions are made by management to ensure the accuracy and completeness of financial statements.
There are different types of assertions such as existence, completeness, valuation, rights and obligations, etc.
For example, the assertion of existence would state that all reported assets and liabilities actually exist.
Auditors test th...
- Q2. What is materiality
- Ans.
Materiality is the concept of determining the significance or importance of an item or event in relation to financial statements.
Materiality helps auditors decide what information to focus on during an audit
It is based on the size, nature, and circumstances of an item or event
Materiality is subjective and can vary depending on the context
For example, a small error in a company's financial statements may not be consider...
- Q3. Different types of audit opinion
- Ans.
Different types of audit opinions include unqualified, qualified, adverse, and disclaimer.
Unqualified opinion: clean opinion, no material misstatements found
Qualified opinion: some limitations or scope restrictions, but overall financial statements are fairly presented
Adverse opinion: significant material misstatements found, financial statements are not fairly presented
Disclaimer opinion: auditor unable to form an opi...
Selected
I applied via Naukri.com and was interviewed in Dec 2023. There were 8 interview rounds.
No any aptitude test
Only xl formulas, and pivot table.
Basic group chats on what's app nd on google teem .
Internal audit provide for other company's, and assat audit provide for other company's.
Physical , soft copy, and chack certificate etc.
(2 Questions)
- Q1. Are you immediately join ?
- Q2. Are you full time job joiner?
(2 Questions)
- Q1. Basic Laptop user?
- Ans.
Yes, I am a basic laptop user with proficiency in common applications and tasks.
Proficient in using Microsoft Office suite (Word, Excel, PowerPoint)
Able to browse the internet and use email
Comfortable with basic troubleshooting and settings adjustments
Familiar with file management and organization
May have limited knowledge of more advanced software or technical tasks
- Q2. Why are you find this job?
- Ans. Because my intrest in a commercial audit
(4 Questions)
- Q1. What about your self?
- Q2. What about aspects salary?
- Q3. What is your study from?
- Ans. Say, that my course and my degree's.
- Q4. And manager say your training is 6 month, so you interested?
- Ans. Don't only confirmed to the wise manager, please confirm to hr,That's really 6 month or 12 month training time and confirm that only on the mail .
Interview Preparation Tips
Skills evaluated in this interview
(1 Question)
- Q1. Tell me about yourself
- Ans.
I am a detail-oriented and analytical Auditor with a strong background in financial analysis and risk assessment.
I have a Bachelor's degree in Accounting and have obtained my CPA certification.
I have experience conducting audits for both public and private companies, ensuring compliance with regulations and identifying areas for improvement.
I am skilled in data analysis and have a keen eye for identifying discrepancies...
(1 Question)
- Q1. Tests managerial skills
(1 Question)
- Q1. General Questions
Selected
I applied via Naukri.com and was interviewed in Jul 2023. There were 2 interview rounds.
(1 Question)
- Q1. Just basic questions based on your resume
(1 Question)
- Q1. They'll just ask few basic questions about subjects.
Interview Preparation Tips
- Auditing
- Company Law
- Taxation
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