Kirtane & Pandit Auditor Interview Questions and Answers

Q1. Asked me GST,TDS related questions.
Add your answer
Q2. Related MIS questions
Add your answer

Basic question on accounting and fundamental of accounting

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

Q1. TELL ME ABOUT YOURSELF
Add your answer
Q2. ARE YOU COMFORTABLE WITH WAZIRPUR LOCATION
Add your answer
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...read more
Answered by AI
Add your answer

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...read more
Answered by AI
Add your answer
Q2. Where do you live
Add your answer

Q1. Accounting entries
Add your answer
Q2. Basic accounting principles
Add your answer

Q1. Basic accounting principles
Add your answer

Q1. Basic accounting principles
Add your answer

Q1. Purchase checklist in manufacturing entities
Ans. 
A purchase checklist in manufacturing entities ensures all necessary items are acquired for production.
• Identify required raw materials and components

• Check inventory levels to avoid overstock or stockouts

• Verify supplier credentials and negotiate prices

• Ensure timely delivery schedules are met

• Monitor quality of purchased items
Answered by AI
Add your answer

Q1. Tell me about yourself
Add your answer
Q2. Share experience
Add your answer
Q3. Salary expectation
Add your answer
Q4. Work location is fine to you?
Add your answer

Q1. Best audit remarks discovered till date
Ans. 
One of the best audit remarks discovered was related to identifying a significant financial discrepancy in the company's revenue recognition process.
• Identifying a significant financial discrepancy in revenue recognition process

• Highlighting potential risks in the company's financial reporting

• Providing recommendations for improving internal controls
Answered by AI
Add your answer
Q2. Why want to join in audit
Add your answer
Q3. Types of audit done
Ans. 
Types of audit include financial audit, operational audit, compliance audit, and forensic audit.
• Financial audit: examines financial statements to ensure accuracy and compliance with laws and regulations

• Operational audit: evaluates the efficiency and effectiveness of operations within an organization

• Compliance audit: verifies adherence to laws, regulations, and internal policies

• Forensic audit: investigates potential fra
Answered by AI
Add your answer
Q4. Fine with job Location
Add your answer

Q1. Fine with job location
Add your answer
Q2. Excel expertise
Add your answer