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Grant Thornton INDUS Audit Analyst Interview Questions and Answers
Grant Thornton INDUS Audit Analyst Interview Experiences
1 interview found
Anonymous
Selected
I applied via campus placement at Kristu Jayanti College, Bangalore and was interviewed before Apr 2023. There were 2 interview rounds.
(2 Questions)
- Q1. Basic audit questions
- Q2. Auditing standards
(2 Questions)
- Q1. Introduce yourself
- Q2. The experiences that made you grow , how strengths and weakness were a help for you and how that would help you give your best daily to the firm
Interview Preparation Tips
- Basic of Audit
- Auditing Standards
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I applied via Approached by Company and was interviewed in Oct 2024. There were 2 interview rounds.
(4 Questions)
- Q1. Swap two number without third variable and built in function in python ?
- Ans.
To swap two numbers without a third variable and built-in function in Python, use arithmetic operations.
Use addition and subtraction to swap the numbers
Example: a = 5, b = 10. a = a + b, b = a - b, a = a - b will swap the values
- Q2. Write a reverse of string ? str =' My name is Interviewee' --> Interviewee is name My'
- Q3. Find number of zeros in a factorial of number - > 120 - one Zero
- Ans.
The number of zeros in the factorial of 120 is one.
To find the number of zeros in a factorial, we need to count the number of times the factorial is divisible by 10.
In the case of 120!, there is one zero because 120! = 120 x 119 x 118 x ... x 1 has one pair of 2 and 5, which results in one zero.
Factors of 10 in the factorial come from pairs of 2 and 5 in the multiplication.
For example, in 10!, there are two zeros becau...
- Q4. Find number of incident tickets from a Incidents table by each category and order them by number of incident tickets in decreasing order?
- Ans.
To find number of incident tickets from Incidents table by each category and order them by number of incident tickets in decreasing order.
Group the data by category
Count the number of incident tickets for each category
Order the results by number of incident tickets in descending order
(1 Question)
- Q1. Managerial question and situation based questions
Interview Preparation Tips
Skills evaluated in this interview
Deepalakshmi
(1 Question)
- Q1. Golden rules, Depreciation , capital income
(1 Question)
- Q1. Basic personal details
I applied via campus placement at KIIT University, Bhuvaneshwar and was interviewed in May 2024. There were 4 interview rounds.
1 hour-general topics
Easy to medium level leetcode questions
Advancement of ecommerce in india
(2 Questions)
- Q1. 3 bulbs puzzle from gfg
- Q2. DBMS,OOPS,OS and other computer fundamentals
Interview Preparation Tips
I applied via Campus Placement and was interviewed before Apr 2023. There were 2 interview rounds.
Similar to AMCAT aptitude questions involves Quantative and Verbal wuaestions
(2 Questions)
- Q1. In interview some important python coding questions like prime number and frequency.
- Q2. SQL queries realted to Joins.
Selected
I applied via Approached by Company and was interviewed before Jan 2024. There were 3 interview rounds.
(1 Question)
- Q1. Recruiter ask Introduction over phone call
(3 Questions)
- Q1. Accounting Assumption
- Q2. Bank Reconciliation
- Q3. Journal Entry
(1 Question)
- Q1. Introduction and Hobbies.
Selected
Online Test which includes different sections like english, finance, accounting ,reasoning
GD was there for group of seekers.
(1 Question)
- Q1. HR round with basic plus technical questions.
(1 Question)
- Q1. This was an interview by a member of the firm who took it on technical level.
Interview Preparation Tips
I applied via Approached by Company and was interviewed in May 2022. There were 4 interview rounds.
(5 Questions)
- Q1. Difference between amortization and depreciation
- Ans.
Amortization is for intangible assets while depreciation is for tangible assets.
Amortization is the process of spreading the cost of an intangible asset over its useful life.
Depreciation is the process of spreading the cost of a tangible asset over its useful life.
Amortization is used for assets like patents, copyrights, and trademarks.
Depreciation is used for assets like buildings, machinery, and vehicles.
- Q2. Difference between provision and reserve
- Ans.
Provision is an estimated liability while reserve is a part of profit set aside for future use.
Provision is an estimated liability that a company sets aside to cover a known or potential future obligation.
Reserve is a part of profit that a company sets aside for future use, such as for expansion or to cover unexpected expenses.
Provisions are usually based on estimates and can be adjusted as more information becomes ava...
- Q3. How working capital is calculated
- Ans.
Working capital is calculated by subtracting current liabilities from current assets.
Current assets include cash, accounts receivable, inventory, and short-term investments.
Current liabilities include accounts payable, short-term loans, and accrued expenses.
The formula for working capital is: Current Assets - Current Liabilities.
A positive working capital indicates that a company has enough short-term assets to cover i...
- Q4. Rectification entry for wrong posted entry
- Ans.
Rectification entry is made to correct a wrong posted entry in accounting records.
Identify the incorrect entry and the correct entry to be made
Prepare a rectification entry to reverse the incorrect entry and record the correct entry
Ensure that the rectification entry is properly documented and approved
Post the rectification entry to the accounting records
- Q5. About Bank reconciliation statement
Versant test communication test containing all kinds of activities related to listening reading grammar
(2 Questions)
- Q1. About Bank reconciliation statement
- Q2. Difference between current and non current in balance sheet
- Ans.
Current assets/liabilities are expected to be used/settled within a year, while non-current assets/liabilities have a longer life span.
Current assets include cash, accounts receivable, inventory, and prepaid expenses.
Current liabilities include accounts payable, short-term loans, and accrued expenses.
Non-current assets include property, plant, and equipment, long-term investments, and intangible assets.
Non-current liab...
(1 Question)
- Q1. Self introduction basic questions
Interview Preparation Tips
Selected
I applied via Naukri.com and was interviewed before May 2023. There were 4 interview rounds.
(1 Question)
- Q1. Basic question like- tell me something about yourself. And technical question related to accounting.
(1 Question)
- Q1. Basic question and what i have done in my previous organisation
(1 Question)
- Q1. It was grammer based test.
(1 Question)
- Q1. Communication and overall attitude
(1 Question)
- Q1. Just basic . Tell me about yourself , future plans, like that stuffs.
(1 Question)
- Q1. Bank Reconciliation , cash flow statement , accounting standards , journal entries , ledger account , trial balance , etc.
(1 Question)
- Q1. Just basic its like an HR
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Grant Thornton INDUS Audit Analyst Reviews and Ratings
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Rating in categories
|
Senior Associate
36
salaries
|  ₹8.6 L/yr - ₹19 L/yr |
|
Associate
16
salaries
| ₹6.5 L/yr - ₹12.5 L/yr |
|
Assistant Manager
14
salaries
| ₹13 L/yr - ₹27 L/yr |
|
Senior Audit Associate
11
salaries
| ₹9.8 L/yr - ₹19 L/yr |
|
Audit Associate
9
salaries
| ₹7 L/yr - ₹10.2 L/yr |
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