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KPMG India External Auditor Interview Questions and Answers
KPMG India External Auditor Interview Experiences
1 interview found
Anonymous
(1 Question)
- Q1. IFRS related Questions
Interview Preparation Tips
Interview questions from similar companies
Nithin Pokuru
I applied via Ca monk and was interviewed in Jul 2023. There were 3 interview rounds.
(2 Questions)
- Q1. Articleship experience asked
- Q2. How many attempts for ca final
(2 Questions)
- Q1. Revenue recognition steps
- Ans.
Revenue recognition steps involve identifying the transaction, determining the amount of revenue to be recognized, and allocating the revenue to the appropriate period.
Identify the transaction: Determine when the revenue is earned and collectible.
Determine the amount of revenue: Calculate the total revenue to be recognized based on the transaction.
Allocate revenue to the appropriate period: Recognize the revenue in the...
- Q2. Inventory physical verification and accounts payable verification
(1 Question)
- Q1. What do you understand my materiality
Interview Questionnaire
2 Questions
- Q1. Why do you consider yourself suitable for the company and why the company should choose you over others?
- Ans.
I have the necessary skills, experience, and qualifications to excel as an external auditor and contribute to the company's success.
I have a degree in accounting and several years of experience in external auditing.
I am familiar with auditing standards and regulations, and have a keen eye for detail.
I have excellent communication and interpersonal skills, which enable me to work effectively with clients and colleagues.
...
- Q2. Why aren't you going for an MBA or any other master’s degree?
- Ans.
I believe gaining practical experience and professional certifications is more valuable for my role as an external auditor.
I have already obtained professional certifications such as CPA and CIA which are highly relevant to my role.
I prioritize gaining practical experience and on-the-job learning over pursuing a master's degree.
I believe my current skill set and experience are sufficient for my role as an external audi...
Interview Preparation Tips
Experience: At the very start of the placement procedure, they asked us to fill out a form which had some personal question about the candidate. This form was to be submitted along with the resume.
Round: Test
Experience: After the GD there was a written test for the shortlisted candidates. The written test had questions which were from verbal reasoning, quantitative aptitude and core topics like accounts and economics. They also asked 10 questions on MS Excel and an email was asked to be written by all the candidates (this was like a typing exercise).
Round: HR Interview
Experience: After this there were two rounds of interviews. The questions were HR based as well related to core field of accounts, economics etc. Some of the HR questions asked were:
Questions about myself, my strengths and weaknesses, my views on working on weekends, relocation, frequent travelling and working in rural areas.
They also asked me about my family and also discussed my college life/experience for around 10 minutes.
Post that there were some resume based questions. After this they asked many questions from my core field. These were related to accounting standards like AS-9, cash flow, BRS (bank reconciliation statement), depreciation, ledger books, journal entries for specific cases etc. I was also asked about the requirements while auditing a table and types of auditing reports.
College Name: DELHI COLLEGE OF ARTS AND COMMERCE
Interview Preparation Tips
Experience: The process for selection began with a written test. The test included questions from verbal reasoning, general knowledge, accountancy and aptitude. The level of difficulty was medium.
Round: Group Discussion
Experience: In the GD the moderator gave us the liberty to choose the topic by ourselves. We came to a consensus to discuss about the ‘100% cut-off for SRCC’ which had recently become a hot topic of discussion nationwide. They were testing our communication skills and ability to hear and respond aptly to what others are saying.
Round: HR Interview
Experience: In the interview round they asked me about myself, my views on relocation and working on weekends, frequent travelling and about my strengths and weaknesses. They also asked me about how extracurricular activities have helped me grow as a human being, who is my role model and who all are there in my family. They also asked me few accounting entries like contingent liabilities would come under what head.
College Name: LADY SHRI RAM COLLEGE
(1 Question)
- Q1. What do you understand my materiality
Interview Questionnaire
2 Questions
- Q1. Why do you consider yourself suitable for the company and why the company should choose you over others?
- Ans.
I have the necessary skills, experience, and qualifications to excel as an external auditor and contribute to the company's success.
I have a degree in accounting and several years of experience in external auditing.
I am familiar with auditing standards and regulations, and have a keen eye for detail.
I have excellent communication and interpersonal skills, which enable me to work effectively with clients and colleagues.
...
- Q2. Why aren't you going for an MBA or any other master’s degree?
- Ans.
I believe gaining practical experience and professional certifications is more valuable for my role as an external auditor.
I have already obtained professional certifications such as CPA and CIA which are highly relevant to my role.
I prioritize gaining practical experience and on-the-job learning over pursuing a master's degree.
I believe my current skill set and experience are sufficient for my role as an external audi...
Interview Preparation Tips
Experience: At the very start of the placement procedure, they asked us to fill out a form which had some personal question about the candidate. This form was to be submitted along with the resume.
Round: Test
Experience: After the GD there was a written test for the shortlisted candidates. The written test had questions which were from verbal reasoning, quantitative aptitude and core topics like accounts and economics. They also asked 10 questions on MS Excel and an email was asked to be written by all the candidates (this was like a typing exercise).
Round: HR Interview
Experience: After this there were two rounds of interviews. The questions were HR based as well related to core field of accounts, economics etc. Some of the HR questions asked were:
Questions about myself, my strengths and weaknesses, my views on working on weekends, relocation, frequent travelling and working in rural areas.
They also asked me about my family and also discussed my college life/experience for around 10 minutes.
Post that there were some resume based questions. After this they asked many questions from my core field. These were related to accounting standards like AS-9, cash flow, BRS (bank reconciliation statement), depreciation, ledger books, journal entries for specific cases etc. I was also asked about the requirements while auditing a table and types of auditing reports.
College Name: DELHI COLLEGE OF ARTS AND COMMERCE
Interview Questionnaire
4 Questions
- Q1. Why do you want to join Deloitte?
- Q2. The job which Deloitte offers is very monotonous (office job from 9-5), so do you think you will be able to cope up with it?
- Q3. Are you creative?
- Q4. Why are you not pursuing an MBA?
Interview Preparation Tips
Experience: The selection process was along a set pattern. It started with a written test which had questions on verbal reasoning, logical reasoning and quantitative aptitude. A general preparation for any competitive exam like CAT would suffice to pass the written test.Candidates were also asked to write an email (this was compulsory for all candidates). The subject for the email was: “To examine the preparation of BRS of a client and provide feedback to the boss”.
Round: Group Discussion
Experience: The written test was followed by a group discussion (GD). The topic for GD was ‘Women Empowerment’. Other topics one can prepare for ‘Reservation in colleges’ and ‘whether nuclear weapons are bane or boon’. They will generally ask you to discuss on topics which are latest and in news.
Round: HR Interview
Experience: This was followed by a personal interview. It included the HR questions which included tell me about you, your strengths and weaknesses, why should the company choose you and how are you more suitable than other candidates.
College Name: SRI VENKATESWARA COLLEGE
Interview Preparation Tips
Experience: Resume was asked for in the beginning of the selection procedure.
Round: Test
Experience: The written round had questions from logical aptitude, quantitative aptitude and verbal reasoning. Besides this there were also questions from my core field of study (accounts and economics).
Round: Group Discussion
Experience: The topic for GD was the current education system of India. We talked about the various aspects of the education system as well as what can be done to improve the same. They were looking for confident candidates and those who can stand out in a crowd.
Round: HR Interview
Experience: In the interview round they asked me questions from both core topics as well as HR questions. In the HR questions they asked me about my long term and short term goals as well as why should they choose me?They asked me my work with AIESEC and questions like 1) How do you get VISA for students?2) Where do students from India stay?They asked about my internship with Videocon.1) What was the environment there?2) What did you learn there?3) Was it fruitful to you?Besides this they also asked us to write an email. The email was about vouching.
Tips: They were looking at the overall personality and communication skills of the candidate. So do work upon it.
College Name: LADY SHRI RAM COLLEGE
I applied via Ca monk and was interviewed in Jul 2023. There were 3 interview rounds.
(2 Questions)
- Q1. Articleship experience asked
- Q2. How many attempts for ca final
(2 Questions)
- Q1. Revenue recognition steps
- Ans.
Revenue recognition steps involve identifying the transaction, determining the amount of revenue to be recognized, and allocating the revenue to the appropriate period.
Identify the transaction: Determine when the revenue is earned and collectible.
Determine the amount of revenue: Calculate the total revenue to be recognized based on the transaction.
Allocate revenue to the appropriate period: Recognize the revenue in the...
- Q2. Inventory physical verification and accounts payable verification
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