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J.Gupta & Co Interview Questions and Answers
J.Gupta & Co Interview Experiences
3 interviews found
Interview Questionnaire
3 Questions
- Q1. Journal entry of closing stock
- Ans.
The journal entry for closing stock is used to record the value of unsold goods at the end of an accounting period.
Closing stock is an asset and is recorded on the debit side of the trading account.
The corresponding credit entry is made to the closing stock account on the balance sheet.
The value of closing stock is determined by either the cost price or the net realizable value, whichever is lower.
If the closing stock ...
- Q2. Basic of Excel function
- Q3. Schedule III format
- Ans.
Schedule III format refers to the format prescribed for financial statements under the Companies Act, 2013.
Schedule III format is applicable for the preparation of financial statements of companies in India.
It provides a standardized structure and presentation for financial information.
The format includes various sections such as balance sheet, profit and loss account, cash flow statement, and notes to accounts.
It spec...
CA Article Assistant Interview Questions asked at other Companies
Interview Questionnaire
1 Question
- Q1. What is journal entry of closing stock?
- Ans.
Closing stock is recorded as an asset in the balance sheet through a journal entry.
Closing stock account is debited
Trading account is credited
The value of closing stock is determined by physical stocktaking
Closing stock is valued at cost or net realizable value, whichever is lower
Interview Preparation Tips
CA Article Assistant Interview Questions asked at other Companies
Interview Questionnaire
2 Questions
- Q1. Just about reference
- Q2. What does your father do
Audit Manager Interview Questions asked at other Companies
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Interview questions from similar companies
Reasoning and english round was there
(2 Questions)
- Q1. Current assest definition
- Ans.
Current assets are assets that can be converted into cash within a year.
Current assets are listed on the balance sheet and include cash, accounts receivable, inventory, and prepaid expenses.
They are important for assessing a company's liquidity and ability to pay off short-term debts.
Examples of current assets include cash in hand, short-term investments, accounts receivable, inventory, and prepaid expenses.
Current ass...
- Q2. Explain accounting standard 17
- Ans.
AS 17 deals with segment reporting in financial statements.
AS 17 requires companies to report financial information about their operating segments, which are components of the company that generate revenue and incur expenses.
The standard defines how to identify and report operating segments, and requires disclosure of segment revenue, profit or loss, assets, liabilities, and other information.
Segment reporting helps us...
Interview Preparation Tips
Average questions asked on QA, logical reasoning
(1 Question)
- Q1. Tell me about yourself
(1 Question)
- Q1. Technical knowledge of ca INTER
Interview Preparation Tips
Revise your syllabus before your the process of interview.
Communication skill,analytical skill and critical thinking
Communication skill and leadership skill
Interview Preparation Tips
Kush Khair
Selected
I was interviewed before Mar 2024.
Audit, Accounts, Tax and General Knowledge
(2 Questions)
- Q1. Can you describe your background and family situation?
- Q2. How do you ensure that you meet deadlines effectively?
(2 Questions)
- Q1. Accounts questions basic (concept based)
- Q2. Taxation questions basic (concept based)
(2 Questions)
- Q1. What makes you a suitable candidate for this position?
- Q2. Can you describe a specific instance when you achieved success as part of a team?
Interview Preparation Tips
and Trust yourself
I applied via Referral and was interviewed in Feb 2021. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Related to product development
Interview Preparation Tips
I applied via Naukri.com and was interviewed in Jan 2021. There was 1 interview round.
Interview Questionnaire
1 Question
- Q1. Walkthrough a process and identity the risk and control at each step in the process
- Ans.
Identifying risks and controls in a process
Identify the process and its objectives
Identify the inputs, activities, and outputs of the process
Identify the risks associated with each step of the process
Identify the controls in place to mitigate the risks
Evaluate the effectiveness of the controls
Recommend improvements to the process and controls
Examples: Order-to-cash process, procurement process, hiring process
Interview Preparation Tips
I applied via Company Website and was interviewed in Dec 2020. There were 4 interview rounds.
Interview Questionnaire
1 Question
- Q1. Mixed questions related to academic field, general questions related to situation based but not hard, IND AS, some questions regarding past jobs and what all was the experience there. Not discussing about ...
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J.Gupta & Co Reviews and Ratings
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Executive Accountant
4
salaries
|  ₹0 L/yr - ₹0 L/yr |
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CA Article Assistant
4
salaries
| ₹0 L/yr - ₹0 L/yr |
|
Audit Assistant
3
salaries
| ₹0 L/yr - ₹0 L/yr |
|
Audit Executive
3
salaries
| ₹0 L/yr - ₹0 L/yr |
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