Klm Axiva Finvest Senior Audit Executive Interview Questions and Answers

Q1. Basic accounts Like what is GP and bad bed debts related Provision for bad beddebts Vendor relate journal entries P2p process
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Q2. Purchase returns effect
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Quantitative Aptitude, Communication(English language proficiency), Finance

Q1. Accounting related question-impact of transactions on the 3 financial statements
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Q2. Equity related terms and concepts
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Q3. Guesstimates questions
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Q4. Relative valuation multiples
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Q1. SLM vs WDV method of Depreciation
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SLM method evenly distributes depreciation over the useful life of an asset, while WDV method accelerates depreciation in the early years.
• SLM method charges a fixed amount of depreciation each year, calculated as (Cost - Residual Value) / Useful Life

• WDV method charges higher depreciation in the early years and lower depreciation in the later years, calculated as (Book Value - Residual Value) * Depreciation Rate

• SLM is s...read more
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Q2. NAV vs GAV difference
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NAV is the Net Asset Value of a fund, while GAV is the Gross Asset Value. The difference between the two represents the fees and expenses of the fund.
• NAV is calculated by subtracting liabilities from assets, while GAV includes all assets without subtracting liabilities.

• The NAV is used to determine the value of each share in a fund, while GAV gives a broader view of the total value of the fund.

• The difference between NAV...read more
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LR + Communication + Journal Enteries

Q1. Salary Expectations and Why Tresvista
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I am looking for a competitive salary based on my experience and skills. I am interested in Tresvista because of its reputation for providing excellent growth opportunities and a supportive work environment.
• I am seeking a salary that reflects my experience and skills in the industry.

• I believe Tresvista offers a great opportunity for professional growth and development.

• I am attracted to Tresvista's reputation for provid...read more
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General Apti Test with easy quants, logical and verbal questions. Last section had finance question

Q1. Tell me about yourself
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Q2. General Accounting questions
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Q3. Guestimate Questions
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Q4. About Work Experience
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Q1. What is WACC, equity value, entrerprise value?
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WACC stands for Weighted Average Cost of Capital, equity value is the market value of a company's equity, and enterprise value is the total value of a company including debt and equity.
• WACC is a calculation of the average cost of capital a company faces, taking into account the proportion of debt and equity in the capital structure.

• Equity value is calculated by multiplying the number of outstanding shares by the curren...read more
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Testing your basic accounting skills

Q1. Face to face tech round
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Q1. With the VP/HOD a normal one o one
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Basic Logical reasoning test and financial concepts know how.

Q1. What is beta in DCF?
Ans. 
Beta in DCF is a measure of a stock's volatility in relation to the overall market.
• Beta is a numerical value that measures the volatility of a stock compared to the market as a whole.

• A beta of 1 indicates that the stock's price will move with the market.

• A beta greater than 1 indicates the stock is more volatile than the market, while a beta less than 1 indicates the stock is less volatile.

• For example, a stock with a be...read more
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Q2. How does decreasing depreciation effect all three financial statements?
Ans. 
Decreasing depreciation impacts all three financial statements differently.
• Income statement: Decreasing depreciation will result in higher net income as expenses are reduced.

• Balance sheet: Decreasing depreciation will lead to higher total assets and equity due to lower accumulated depreciation.

• Cash flow statement: Decreasing depreciation will increase cash flow from operations as net income increases.

• Example: If deprec...read more
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Q1. How do you manage conflicts in team
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