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Grant Thornton Bharat Interview Questions, Process, and Tips
Top Grant Thornton Bharat Interview Questions and Answers
- Q1. Ind as 109- recognition of Financial asset, Financial Liability and equity.asked in Consultant interview
- Q2. Case study on Ind as 115. Timing of recognition as revenue of Amount provided for training employees for a specific assignmentasked in Audit Associate interview
- Q3. What is the difference between Internal Financial Control (IFC) and general internal control?asked in Statutory Audit Manager interview
Grant Thornton Bharat Interview Experiences
71 interviews found
Anonymous
Selected
I was interviewed in Dec 2024.
(2 Questions)
- Q1. Can you provide details about yourself and your experience with field work?
- Q2. What is your previous experience in the development sector?
(1 Question)
- Q1. How would you describe your fieldwork experience, particularly in terms of identifying issues with Self-Help Groups (SHGs) during your village fieldwork segment?
Management Trainee Interview Questions asked at other Companies
I applied via Referral and was interviewed in Dec 2024.Ā There was 1 interview round.
(3 Questions)
- Q1. What is the difference between Internal Financial Control (IFC) and general internal control?
- Q2. What is Ind AS 115 and what are its key provisions?
- Q3. Do you include the client in the loop during the external confirmation process?
Statutory Audit Manager Interview Questions asked at other Companies
Hitesh Gupta
I applied via Campus Placement and was interviewed in Nov 2024.Ā There were 4 interview rounds.
Not convenient with GD
E mail writing and research related questions
(1 Question)
- Q1. Related questions regarding mail writing, excel
(1 Question)
- Q1. Discussion with hr regarding with JD and work
Compliance Associate Interview Questions asked at other Companies
Selected
I applied via Naukri.com and was interviewed in Jul 2024.Ā 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
Audit Associate Interview Questions asked at other Companies
Grant Thornton Bharat interview questions for popular designations
I applied via Naukri.com and was interviewed in Oct 2024.Ā There was 1 interview round.
(2 Questions)
- Q1. Explain P2p PROCESS
- Q2. Identify fraud risks
Interview Preparation Tips
Senior Consultant Interview Questions asked at other Companies
Get interview-ready with Top Grant Thornton Bharat Interview Questions
Basic accounting problems and concepts with simple logical reasoning questions.
(1 Question)
- Q1. If the clients annual income is Rs. 1400000 what is their tax liability?
- Ans.
Tax liability for a client with an annual income of Rs. 1400000.
Calculate the tax liability based on the income tax slabs applicable in the country.
Consider any deductions or exemptions that the client may be eligible for.
Consult a tax professional or use an online tax calculator for accurate results.
Tax Analyst Interview Questions asked at other Companies
Mohit Agarwal
Selected
I applied via Naukri.com and was interviewed in Jun 2024.Ā There was 1 interview round.
(2 Questions)
- Q1. Deferred Tax Asset or Liability
- Q2. Ind as 115 revenue recognition
Interview Preparation Tips
Auditor Interview Questions asked at other Companies
I applied via Referral and was interviewed in Jan 2024.Ā There were 3 interview rounds.
(4 Questions)
- Q1. Why Grant thornton?
- Ans. Sir GTĀ is indias largest tax,assurance and advisory firm. A truly indian firm with global connections and while ho through the company's website I got to know that you are a global network of 68000 people in 147 markets with a common goal- to help people business flourish. And to be able to sit or work with these people would be a golden opportunity for me. And i also got to know that Your culture is always open, incl...
- Q2. Why stat audit?
- Ans.
Stat audit is important for ensuring accuracy, compliance, and transparency in financial statements.
Stat audit helps in verifying the accuracy of financial statements and ensuring that they are free from material misstatements.
It provides assurance to stakeholders that the financial information presented is reliable and trustworthy.
Stat audit helps in detecting and preventing fraud, errors, and irregularities in financ...
- Q3. How would you receive negative comments?
- Q4. Where do you see yourself after 5 years?
(1 Question)
- Q1. What is materiality? Difference between overall and performance materiality?
- Ans.
Materiality refers to the significance or importance of an item or event in relation to financial statements.
Materiality is a concept used in auditing and accounting to determine the relevance of information.
It involves assessing the impact of an item or event on the financial statements and whether it would influence the decisions of users.
Materiality is subjective and depends on the nature and size of the entity bein...
(1 Question)
- Q1. Basic discussion
Interview Preparation Tips
- Advanced Excel
Article Assistant Interview Questions asked at other Companies
Topic - Digital Payment
(2 Questions)
- Q1. What you can bring to this table?
- Q2. Excel Questions - All Lookup
Summer Intern Interview Questions asked at other Companies
Chhotu
(2 Questions)
- Q1. How many golf ball can fit in Apache helicopter
- Q2. How many cricket bats are used anytime in India
- Ans.
It is impossible to accurately determine the exact number of cricket bats used at any given time in India due to the vast number of players, teams, and matches taking place across the country.
There are millions of cricket players in India, each potentially using multiple bats.
Cricket is a popular sport in India, with matches happening at various levels from local to international.
Different types of cricket bats are use...
Interview Preparation Tips
Strategy Consultant Interview Questions asked at other Companies
Top trending discussions
Grant Thornton Bharat Interview FAQs
Some of the top questions asked at the Grant Thornton Bharat interview -
The duration of Grant Thornton Bharat interview process can vary, but typically it takes about less than 2 weeks to complete.
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Grant Thornton Bharat Interviews By Designations
- Grant Thornton Bharat Consultant Interview Questions
- Grant Thornton Bharat Senior Consultant Interview Questions
- Grant Thornton Bharat Assistant Manager Interview Questions
- Grant Thornton Bharat Associate Interview Questions
- Grant Thornton Bharat Audit Associate Interview Questions
- Grant Thornton Bharat Management Trainee Interview Questions
- Grant Thornton Bharat Senior Associate Interview Questions
- Grant Thornton Bharat Summer Intern Interview Questions
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Interview Questions for Popular Designations
Grant Thornton Bharat Interview Process
based on 66 interviews
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Grant Thornton Bharat Reviews and Ratings
based on 322 reviews
Rating in categories
|
Consultant
261
salaries
|  ā¹4.5 L/yr - ā¹14 L/yr |
|
Assistant Manager
136
salaries
| ā¹9 L/yr - ā¹24 L/yr |
|
Senior Consultant
104
salaries
| ā¹7.5 L/yr - ā¹15.6 L/yr |
|
Manager
80
salaries
| ā¹15 L/yr - ā¹33.5 L/yr |
|
Associate Director
49
salaries
| ā¹28 L/yr - ā¹43.9 L/yr |
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