Ernst & Young Executive Interview Questions and Answers

Payroll audit involves reviewing payroll records to ensure accuracy and compliance.

• Review payroll records for accuracy and compliance with laws and regulations

• Verify employee information, wages, deductions, and taxes

• Check for any discrepancies or errors in calculations

• Ensure proper documentation and record-keeping practices are followed

• Conduct regular audits to identify and correct any issues

• Consider using payroll audi

Comparison of Ind AS 115 and AS 9, Ind AS 116 and Ind AS 17 with transition provisions and audit concerns.

• Ind AS 115 and AS 9 are accounting standards related to revenue recognition.

• Ind AS 116 and Ind AS 17 are accounting standards related to leases.

• Transition provisions for Ind AS 116 and Ind AS 17 require retrospective application.

• Audit concerns for these standards include ensuring proper implementation and disclosur