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Kirtane & Pandit Account Assistant Interview Questions, Process, and Tips

Updated 8 Jul 2024

Top Kirtane & Pandit Account Assistant Interview Questions and Answers

Kirtane & Pandit Account Assistant Interview Experiences

2 interviews found

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(5 Questions)

  • Q1. What is accounting
  • Ans. 

    Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.

    • Involves recording financial transactions

    • Summarizing financial data in financial statements

    • Analyzing financial information to make business decisions

    • Reporting financial results to stakeholders

    • Examples include balance sheets, income statements, and cash flow statements

  • Answered by AI
  • Q2. What is indirect tax
  • Ans. 

    Indirect tax is a tax collected by an intermediary (such as a retailer) from the person who ultimately bears the economic burden of the tax.

    • Indirect taxes are not directly paid by the consumer to the government.

    • They are imposed on goods and services, and the burden is passed on to the final consumer.

    • Examples include sales tax, value-added tax (VAT), excise duty, and customs duty.

  • Answered by AI
  • Q3. What is capital gain
  • Ans. 

    Capital gain is the profit that results from a sale of a capital asset, such as stocks, bonds, or real estate.

    • Capital gain is the difference between the purchase price and the selling price of an asset.

    • It is considered a taxable event by the IRS.

    • Long-term capital gains are taxed at a lower rate than short-term capital gains.

    • Examples of capital assets include stocks, bonds, real estate, and precious metals.

  • Answered by AI
  • Q4. Slab reates of income tax
  • Ans. 

    Income tax slab rates are the different levels of income at which different tax rates apply.

    • Income up to Rs. 2.5 lakh is exempt from tax

    • Income between Rs. 2.5 lakh to Rs. 5 lakh is taxed at 5%

    • Income between Rs. 5 lakh to Rs. 10 lakh is taxed at 20%

    • Income above Rs. 10 lakh is taxed at 30%

  • Answered by AI
  • Q5. Induction to ur self
  • Ans. 

    I am a detail-oriented and organized individual with a strong background in accounting and finance.

    • Bachelor's degree in Accounting

    • 2+ years of experience in accounts payable and receivable

    • Proficient in using accounting software such as QuickBooks

    • Strong analytical and problem-solving skills

    • Excellent communication and interpersonal skills

  • Answered by AI
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Feb 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

General questions related to the role and some logical reasoning questions

Round 2 - One-on-one 

(1 Question)

  • Q1. Questions related to the role

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Q5. What is TDS? Where do you show TDS on a balance sheet?

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I appeared for an interview in Dec 2023.

Round 1 - Technical 

(5 Questions)

  • Q1. What is depreciation, accrual, prepayment?
  • Ans. 

    Depreciation is the allocation of the cost of an asset over its useful life, accrual is recognizing revenue and expenses when they are incurred, and prepayment is paying for expenses before they are incurred.

    • Depreciation is a non-cash expense that reduces the value of an asset on the balance sheet over time.

    • Accrual accounting matches revenue and expenses to the period they are incurred, not when cash is exchanged.

    • Prepa...

  • Answered by AI
  • Q2. Diffence between test of details and controls?
  • Ans. 

    Test of details focuses on specific transactions or account balances, while controls test the effectiveness of internal controls.

    • Test of details involves examining individual transactions or account balances to ensure accuracy and completeness.

    • Controls testing evaluates the effectiveness of internal controls in preventing or detecting errors or fraud.

    • Test of details may involve confirming account balances with third pa...

  • Answered by AI
  • Q3. Audit procedures for purchase cycle, payroll?
  • Ans. 

    Audit procedures for purchase cycle and payroll involve verifying transactions, reconciling accounts, and testing internal controls.

    • Verify purchase orders, invoices, and payments match

    • Reconcile accounts payable ledger to vendor statements

    • Test segregation of duties in payroll processing

    • Review payroll register for accuracy and completeness

    • Confirm payroll taxes are properly withheld and remitted

  • Answered by AI
  • Q4. Revenue recognition as per IFRS?
  • Ans. 

    Revenue recognition under IFRS involves recognizing revenue when it is earned and realizable, regardless of when cash is received.

    • Revenue is recognized when it is probable that economic benefits will flow to the entity and the revenue can be reliably measured.

    • Revenue is measured at the fair value of the consideration received or receivable.

    • Revenue recognition criteria include transfer of risks and rewards, no continuin...

  • Answered by AI
  • Q5. What is deferred tax and why deferred tax?
  • Ans. 

    Deferred tax is a balance sheet item that represents the tax consequences of temporary differences between accounting income and taxable income.

    • Deferred tax arises due to timing differences in recognizing income and expenses for tax and accounting purposes.

    • It is recorded on the balance sheet as a liability or asset depending on whether the tax payable is more or less than the tax expense recognized in the income statem...

  • Answered by AI
Round 2 - Behavioral 

(7 Questions)

  • Q1. Why you want to join BDO?
  • Q2. What is the reason for applying for this position?
  • Q3. Where do you see yourself in 5 years?
  • Q4. Tell me your previous experience on how did you manage excess work pressure?
  • Q5. How will you deal with demanding clients?
  • Q6. How will you deal with client whet it's not our fault?
  • Ans. 

    I would empathize with the client, explain the situation calmly, offer solutions or alternatives, and ensure their satisfaction.

    • Listen to the client's concerns and acknowledge their feelings

    • Explain the situation calmly and objectively

    • Offer solutions or alternatives to address the issue

    • Ensure the client's satisfaction and maintain a positive relationship

  • Answered by AI
  • Q7. Would you be able to face clients and how would you negotiate for realistic deadlines if client is proposing unrealistic deadlines?

Interview Preparation Tips

Interview preparation tips for other job seekers - There are only 2 rounds. Salary discussion will be on call itself when HR will call you for screening and interview scheduling.
Interviews for BSO are comparatively easy than interviews for core audit and assurance.

Accountant Interview Questions & Answers

BDO India LLP user image Pooja Nandkishor Chavan

posted on 8 May 2023

Interview experience
1
Bad
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
No response

I applied via Indeed and was interviewed in Apr 2023. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Technical 

(2 Questions)

  • Q1. Asked me GST,TDS related questions.
  • Q2. Related MIS questions

Interview Preparation Tips

Interview preparation tips for other job seekers - This company told me i was selected before 2nd round audio video interview call urgent basis received my all documents & after final round completed they were never give any response.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Dec 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Aptitude Test 

Basic question on accounting and fundamental of accounting

Round 3 - Technical 

(2 Questions)

  • Q1. Fundamental accounting question are asked at least be hiring mangaer
  • Q2. Nothing special is asked by team

Interview Preparation Tips

Interview preparation tips for other job seekers - be ready and prepare for at least basic fundamental of accounts
Interview experience
3
Average
Difficulty level
-
Process Duration
Less than 2 weeks
Result
Selected Selected
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Technical 

(2 Questions)

  • Q1. Accounting entries
  • Q2. Basic accounting principles
Round 3 - Technical 

(1 Question)

  • Q1. Basic accounting principles
Round 4 - Technical 

(1 Question)

  • Q1. Basic accounting principles

I applied via Campus Placement and was interviewed in Oct 2021. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Basic entries
  • Q2. Branch accounting

Interview Preparation Tips

Interview preparation tips for other job seekers - Recently I attend the interview in this company. Its a terrible experience. nearly one and half month interview process and completing every around like (written test , HR around, 3 technical arounds). finally today they say that your are not selected.
That not giving any proper Cleary regarding ,what is the next around during the interview process and they ask 3 years compulsory comment in employment.
Time pass interview process .Its my personal experience with this company.

I applied via Naukri.com and was interviewed in Nov 2021. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Prepaid expenses,o/s expenses,bank reconciliation,profit & loss

Interview Preparation Tips

Interview preparation tips for other job seekers - Goes on till last stage then no response
Interview experience
1
Bad
Difficulty level
Easy
Process Duration
4-6 weeks
Result
No response

I applied via Naukri.com and was interviewed in Dec 2023. There were 2 interview rounds.

Round 1 - HR 

(3 Questions)

  • Q1. TELL ME ABOUT YOURSELF
  • Q2. ARE YOU COMFORTABLE WITH WAZIRPUR LOCATION
  • Q3. WHAT ARE THE 3 GOLDEN RULES OF ACCOUNTING
  • Ans. 

    The 3 golden rules of accounting are the basic principles that guide the recording of financial transactions.

    • The first golden rule is the Personal Account rule, which states that 'Debit the receiver, credit the giver'. For example, when a customer pays cash for goods purchased, the cash account is debited and the sales account is credited.

    • The second golden rule is the Real Account rule, which states that 'Debit what co...

  • Answered by AI
Round 2 - One-on-one 

(2 Questions)

  • Q1. WHAT IS BOOK KEEPING
  • Ans. 

    Bookkeeping is the process of recording, organizing, and maintaining financial transactions of a business.

    • Bookkeeping involves recording all financial transactions, such as sales, purchases, and expenses.

    • It helps in organizing and categorizing financial data for easy analysis and reporting.

    • Bookkeeping ensures accuracy and completeness of financial records.

    • It involves tasks like maintaining ledgers, reconciling accounts...

  • Answered by AI
  • Q2. Where do you live

Interview Preparation Tips

Topics to prepare for Mercurius Advisory Services Accountant interview:
  • Taxation
  • Accounting
Interview preparation tips for other job seekers - DO NOT JOIN HERE.
HR will scam you but they do not provide PF, and other benifits.
They will keep you waiting for interview for long and do not reply to call and message for interview result. They will stop answering you. Very unprofessional

I applied via Referral and was interviewed before Dec 2021. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - HR 

(2 Questions)

  • Q1. General background questions
  • Q2. Questions related to work experience
Round 3 - Technical 

(1 Question)

  • Q1. Questions related to work done in the last organisation

Interview Preparation Tips

Interview preparation tips for other job seekers - Be practical for all the questions and if you don't know the answer just deny it.

Kirtane & Pandit Interview FAQs

How many rounds are there in Kirtane & Pandit Account Assistant interview?
Kirtane & Pandit interview process usually has 1-2 rounds. The most common rounds in the Kirtane & Pandit interview process are One-on-one Round and Aptitude Test.
How to prepare for Kirtane & Pandit Account Assistant interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Kirtane & Pandit. The most common topics and skills that interviewers at Kirtane & Pandit expect are Excel, Accounting, Administration, Basic and Data Analysis.
What are the top questions asked in Kirtane & Pandit Account Assistant interview?

Some of the top questions asked at the Kirtane & Pandit Account Assistant interview -

  1. What is account...read more
  2. What is indirect ...read more
  3. What is capital g...read more

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Kirtane & Pandit Account Assistant Interview Process

based on 2 interviews

Interview experience

4.5
  
Good
View more

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Kirtane & Pandit Account Assistant Salary
based on 24 salaries
₹1.1 L/yr - ₹2.7 L/yr
23% less than the average Account Assistant Salary in India
View more details

Kirtane & Pandit Account Assistant Reviews and Ratings

based on 4 reviews

4.4/5

Rating in categories

2.8

Skill development

3.6

Work-life balance

2.8

Salary

4.2

Job security

3.8

Company culture

2.8

Promotions

3.2

Work satisfaction

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