KPMG India Audit Associate Interview Questions, Process, and Tips

It had 3 sections maths and reasoning, English and accounts

Q1. They just asked the basic accounting related questions
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Q2. Then they asked have u encountered a leadership role
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Aptitude test was from AMCAT and questions were basically asked from logical ability email writing financial and accounting and English comprehensive

Q1. Technical round went around half and hour and i was asked mostly behavioural questions and case study based questions and some basic accounting questions then we had a little conversation about my profil...read more
Ans. There were around 4 behavioural questions 2 case study questions 5 to 6 accounting questions
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Q1. Salary discussion and basic intro based questions
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Q1. What if two managers want to you do different task at the same time
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Q2. Inform both about the situation Prioritize
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Logical reasoning and email writing

Q1. Tell me about yourself
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Q2. Why this role and company
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Q3. Your greatest achievement/greatest failure
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Q1. Is Land ever depreciated?
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No, land is not depreciated as it is considered to have an indefinite useful life.
• Land is not subject to depreciation because it is considered to have an indefinite useful life.

• Depreciation is only applicable to assets that have a limited useful life, such as buildings or machinery.

• The cost of land is typically not allocated over time like other assets, but rather recorded at its original cost on the balance sheet.

• Land...read more
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Q2. Entry for bad debts
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Entry for bad debts is made to reflect the amount of accounts receivable that are unlikely to be collected.
• Bad debts are recorded as an expense on the income statement.

• The entry typically involves debiting the bad debt expense account and crediting the accounts receivable account.

• It is important to regularly review and adjust the bad debt allowance to reflect the most accurate estimate of uncollectible accounts.

• Example...read more
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It consists of 4 sections namely english,email Writing,Financial accounting and reasoning.

Q1. Most questions were asked from financial accounting and some scenerio based questions were also asked. The level of interview was high
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Q1. Asked basic questions like when available for joining,Educational qualifications,Future plans,furether study plans.
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