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I applied via Referral and was interviewed before Jun 2023. There were 2 interview rounds.
posted on 24 Oct 2023
I applied via Naukri.com and was interviewed before Oct 2022. There were 3 interview rounds.
posted on 8 Jan 2023
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
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...
I applied via Naukri.com and was interviewed in Jul 2024. There were 2 interview rounds.
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 ...
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...
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...
I was interviewed in Sep 2024.
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...
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...
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...
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.
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
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...
I applied via Naukri.com and was interviewed in Jul 2023. There were 2 interview rounds.
posted on 5 Apr 2023
I applied via Campus Placement
Interview experience
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