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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 applied via Company Website and was interviewed before Feb 2022. There were 4 interview rounds.
An online English assessment via Google Forms, MCQ. There were also essay-type of questions usually about dealing with certain workplace situations.
I want to join this company because of its strong reputation in the industry and its commitment to excellence in audit services.
The company has a strong reputation in the industry for providing high-quality audit services.
I am impressed by the company's commitment to excellence and continuous improvement in its audit processes.
The company offers great opportunities for professional growth and development.
I believe that...
During college, I showcased my leadership through various extracurricular activities and group projects.
Served as the president of the Finance Club, organizing events and leading a team of members.
Led a group project in my accounting class, delegating tasks and ensuring timely completion.
Volunteered as a mentor for incoming freshmen, providing guidance and support.
Participated in a leadership development program, where...
I am a detail-oriented and analytical individual with a strong background in accounting and auditing.
I have a Bachelor's degree in Accounting and have completed internships at two reputable accounting firms.
I am proficient in using auditing software and have experience in conducting financial statement audits.
I have excellent analytical skills and attention to detail, which allows me to identify discrepancies and ensur...
The role of an Audit Associate involves conducting financial audits and ensuring compliance with regulations.
Conducting financial audits to assess the accuracy and integrity of financial statements
Evaluating internal controls and identifying areas of risk
Preparing audit reports and communicating findings to clients
Assisting in the development of audit plans and procedures
Collaborating with audit teams and clients to ga...
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I applied via Campus Placement and was interviewed before Oct 2019. There were 6 interview rounds.
posted on 7 Feb 2022
I applied via Naukri.com and was interviewed before Feb 2021. There were 4 interview rounds.
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I applied via Campus Placement and was interviewed before Jan 2021. There were 5 interview rounds.
I applied via Naukri.com and was interviewed in Aug 2020. There was 1 interview round.
Depreciation is the decrease in value of tangible assets while amortization is the decrease in value of intangible assets.
Depreciation is used for tangible assets like buildings, machinery, and equipment.
Amortization is used for intangible assets like patents, copyrights, and trademarks.
Depreciation is calculated based on the useful life of the asset.
Amortization is calculated based on the estimated useful life of the ...
Cash flow is the movement of money in and out of a business. It is bifurcated into operating, investing, and financing activities.
Cash flow is the net amount of cash and cash equivalents that flow in and out of a business.
Operating activities include cash inflows and outflows related to the day-to-day operations of the business, such as sales and expenses.
Investing activities include cash inflows and outflows related t...
posted on 22 May 2021
I applied via Referral and was interviewed before May 2020. There were 5 interview rounds.
Auditing is important to ensure accuracy, compliance, and transparency in financial reporting.
Auditing helps to detect and prevent fraud and errors in financial statements.
It ensures compliance with laws and regulations, such as the Sarbanes-Oxley Act.
Auditing provides assurance to stakeholders that financial information is accurate and reliable.
It helps to identify areas for improvement in financial management and rep...
I chose this company because of its strong reputation, innovative culture, and opportunities for growth.
The company has a proven track record of success and is highly regarded in the industry.
I am impressed by the company's commitment to innovation and staying ahead of the curve.
There are ample opportunities for professional development and advancement within the company.
The company's values align with my own, particul...
I plan to advance my career in project management and this role aligns with my goal.
I have a strong interest in project management and have been actively pursuing certifications in this field.
This role will provide me with valuable experience in managing projects and working with cross-functional teams.
I believe that the skills and knowledge I gain in this role will be transferable to future project management position...
posted on 30 Sep 2021
I applied via Monster and was interviewed in Mar 2021. There were 3 interview rounds.
posted on 19 Jul 2021
I applied via Recruitment Consultant and was interviewed before Jul 2020. There were 4 interview rounds.
posted on 29 Jul 2021
I applied via Campus Placement and was interviewed before Jul 2020. There were 4 interview rounds.
Bank reconciliation is the process of comparing a company's bank statement with its own accounting records.
It helps to identify any discrepancies between the two records.
It ensures that all transactions are accurately recorded in the company's books.
It involves matching transactions on the bank statement with transactions in the company's accounting system.
Any differences are investigated and resolved.
Examples of items...
Cash flow statement is a financial statement that shows the inflow and outflow of cash in a business over a period of time.
It shows the sources of cash and how it is used.
It is divided into three sections: operating, investing, and financing activities.
It helps in analyzing the liquidity and solvency of a business.
Example: A company's cash flow statement shows that it has a positive cash flow from operating activities,...
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Rating in categories
Consultant
346
salaries
| ₹5 L/yr - ₹18.5 L/yr |
Assistant Manager
162
salaries
| ₹7.2 L/yr - ₹23.3 L/yr |
Senior Consultant
108
salaries
| ₹7 L/yr - ₹15.6 L/yr |
Manager
80
salaries
| ₹15 L/yr - ₹33.5 L/yr |
Associate Director
48
salaries
| ₹28 L/yr - ₹43.9 L/yr |
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