J.Kala & Associates CA Intern Interview Questions and Answers

Q1. Tell me about yourself.
Ans. 
Experienced internal auditor with a background in finance and risk management.
• Over 5 years of experience in internal auditing

• Strong background in finance and risk management

• Skilled in conducting audits, identifying risks, and implementing controls

• Proficient in analyzing financial data and preparing reports

• Excellent communication and interpersonal skills
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Q2. Family background
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Q3. What activities did you engage in during your articleship?
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During my articleship, I engaged in various activities such as auditing financial statements, conducting internal control reviews, and assisting in risk assessment.
• Auditing financial statements

• Conducting internal control reviews

• Assisting in risk assessment
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Q4. What is the process of conducting an internal audit?
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The process of conducting an internal audit involves planning, executing, reporting, and follow-up.
• Plan the audit by defining objectives, scope, and methodology.

• Gather relevant data and evidence through interviews, document reviews, and observations.

• Analyze the data to identify risks, control weaknesses, and areas for improvement.

• Report findings to management and recommend corrective actions.

• Follow up on implementation...read more
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Q5. What is the difference between internal and statutory audits?
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Internal audits are conducted by internal staff to evaluate and improve the effectiveness of risk management, control, and governance processes within an organization, while statutory audits are required by law and are conducted by external auditors to ensure compliance with financial reporting standards.
• Internal audits are conducted by internal staff, while statutory audits are conducted by external auditors.

• Internal ...read more
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Q1. What are the key concepts of computer science and data structures and algorithms that are commonly evaluated in interviews?
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Q1. Dsa and dbms round
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Cash world or the digital world

Q1. Education, location, background, Expectations
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2 cognitive tests. one was a pattern recognition and the other were longer problem solving questions

Q1. Why UBS and not another bank?
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Q2. Why do you want to work in banking?
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Q3. How do you best learn new information?
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I learn best by actively engaging with the material through hands-on activities, discussions, and visual aids.
• Engage in hands-on activities to apply new information

• Participate in discussions to deepen understanding

• Use visual aids such as diagrams or charts to reinforce learning
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Q4. Walk me through your resume.
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I have a diverse background in marketing, sales, and customer service.
• Started as a marketing intern at XYZ Company, where I developed social media campaigns

• Transitioned to a sales role at ABC Company, exceeding sales targets by 20%

• Currently working in customer service at DEF Company, resolving customer issues and providing exceptional service
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Q1. Tell us about your experience
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Q2. Tell us about the projects
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I have worked on various projects including developing a mobile app, creating a website, and conducting market research.
• Developed a mobile app for tracking daily water intake

• Created a website for a local non-profit organization

• Conducted market research to analyze consumer behavior in the tech industry
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Out of 3 DSA questions solve any 1 question of your chose in 45 mins.

Q1. 10th/12th Marks
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Q2. Database management system
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Q3. Operating System
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Q4. Computer Network
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Q5. ER diagram and Schema
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2 dsa question one medium and hard

Q1. Oops concepts, sql
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Q2. System design, and 2 dsa
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Q1. What is mutual funds
Ans. 
Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities.
• Mutual funds are managed by professional fund managers who make investment decisions on behalf of the investors.

• Investors can buy shares of mutual funds, which represent a portion of the holdings in the fund.

• Mutual funds offer diversification, liquidity, and professiona...read more
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Q2. What is equity markets?
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Equity markets refer to the market where shares of publicly traded companies are bought and sold.
• Equity markets provide a platform for companies to raise capital by selling shares to investors.

• Investors can buy and sell shares of publicly traded companies through stock exchanges like NYSE, NASDAQ, etc.

• Prices of shares in equity markets are determined by supply and demand, as well as various economic factors.

• Investors c...read more
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Q3. Which the biggest assets management company?
Ans. 
The biggest assets management company is BlackRock.
• BlackRock is the largest asset management company in the world based on assets under management.

• It was founded in 1988 and is headquartered in New York City, USA.

• BlackRock offers a wide range of investment products and services to institutional and individual investors.

• As of 2021, BlackRock manages over $9 trillion in assets.

• Some of BlackRock's popular funds include iS
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Q4. What you think about 2008 housing market crisis?
Ans. 
The 2008 housing market crisis was a significant event that led to a global financial meltdown.
• The crisis was triggered by the collapse of the subprime mortgage market in the United States.

• It resulted in a sharp decline in housing prices, leading to widespread foreclosures and financial instability.

• Many major financial institutions faced bankruptcy or had to be bailed out by governments to prevent a total collapse of t...read more
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Q5. What is the meaning of splitting the share of an company?
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Splitting the share of a company refers to dividing the existing shares into multiple shares, usually to increase liquidity or adjust ownership percentages.
• Splitting shares does not change the overall value of the company, but increases the number of shares outstanding.

• It can be done to make shares more affordable for investors or to adjust voting rights.

• For example, a company with 100 shares valued at $10 each may spl...read more
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