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Kpmg Resource Centre Senior Audit Associate Interview Questions and Answers for Freshers
Kpmg Resource Centre Senior Audit Associate Interview Experiences for Freshers
1 interview found
Anonymous
Selected
I applied via Campus Placement and was interviewed before Jan 2022. There were 5 interview rounds.
Basic accounting, maths, logical reasoning via Amcat
Given any topic to discuss our opinion over the same
(2 Questions)
- Q1. Walk me through your resume
- Q2. What were your contributions in your internship or societies, tell me something about your extracurricular activities
(2 Questions)
- Q1. What is accounting, basic accounting questions
- Q2. What is prudence concept
- Ans.
Prudence concept is an accounting principle that requires caution and carefulness in financial reporting.
Prudence concept suggests that a company should not overstate its assets or income, and should not understate its liabilities or expenses.
It is also known as conservatism principle.
This principle helps in avoiding over-optimism and overconfidence in financial reporting.
For example, if a company is uncertain about th...
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Sumit Kumar
I applied via Walk-in
Interview Questionnaire
1 Question
- Q1. What do you think is supply chain consulting all about? Should HUL enter the Rural Markets? Do these rural consumers have even the purchasing power? What format HUL should adopt Different Trac...
- Ans.
Supply chain consulting involves optimizing and improving the flow of goods and services from suppliers to customers.
Supply chain consulting focuses on analyzing and improving the efficiency of the supply chain process.
It involves identifying bottlenecks, reducing costs, and enhancing customer satisfaction.
Consultants may suggest strategies for inventory management, transportation, and distribution.
They may also recomm...
Interview Preparation Tips
Experience: This was an unstructured multiple case/scenario based interview and needed on spot thinking and some knowledge about the retail scenario in Indian Urban/Rural spaces. Interviewer was looking always doubtful about my ideas and was challenging the thoughts in between with some facts from his experience. What helped that I maintained my calm and followed a firm and informed stand on issues and gave relevant examples (like HUL’s Re 1 Shampoo sachet success in low income group people).
I presented my thoughts clearly and convincingly with examples of rural people buying luxury items as well and gave a few statistics about the size of urban vs rural markets in India. I further went on with examples of ITC retail, which was going successfully in integrating its rural retail business with agri-procurement channel (e-chaupal). Gave a few creative ideas about 2-3 possible new formats.
Skills: Case Solving Ability, Case Analysis
College Name: Indian School Of Business (ISB)
I applied via Recruitment Consultant and was interviewed before Mar 2017. There were 5 interview rounds.
Interview Preparation Tips
Skills: Communication, Body Language, Problem Solving, Analytical Skills, Presentation Skills, Time Management, Decision Making Skills
Duration: <1 week
I was interviewed in Apr 2020.
Interview Questionnaire
2 Questions
- Q1. Same questions like how do you see yourself down the line 5 years.
- Q2. Hobbies, Giving topic and need to speak for next 2 minutes.
Interview Preparation Tips
I applied via Company Website and was interviewed before Mar 2021. There were 2 interview rounds.
Online aptitude test with English grammar and math skills
(3 Questions)
- Q1. What is your family background?
- Q2. Tell me about yourself.
- Q3. What have you studied so far
Interview Preparation Tips
I applied via Naukri.com and was interviewed in May 2019. There was 1 interview round.
Interview Questionnaire
1 Question
- Q1. Technical power bi tool
Interview Preparation Tips
I applied via Naukri.com and was interviewed in Mar 2020. There were 7 interview rounds.
Interview Questionnaire
1 Question
- Q1. Case study, mental math, PPT
Interview Preparation Tips
2. Structured approach to answering questions
3. Need superior Power point skills, storyboarding your message is important
I applied via Recruitment Consultant and was interviewed in Dec 2019. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Industry related question for NBFC and Insurance focusing on these industries past, present and future survival and challenges these industries face and auditing of these industries and other questions mai...
Interview Preparation Tips
Body language should be genuine and communicative.
I applied via Campus Placement and was interviewed in Jan 2020. There were 3 interview rounds.
Interview Questionnaire
4 Questions
- Q1. The interview start with the question "Tell me about yourself"
- Q2. Tell me about your work experience
- Q3. Now this is where you can mould your interview question. Tell them only that works you have done for which you are very confident and for which you are prepared for a counter question. Don't try to impress...
- Q4. Why do you choose to join our co
Interview Preparation Tips
I applied via Campus Placement and was interviewed in Apr 2020. There was 1 interview round.
Interview Questionnaire
2 Questions
- Q1. Mention key Audit matters with example
- Ans.
Key audit matters are significant areas of the audit that require the most attention and have the highest risk of material misstatement.
Revenue recognition
Impairment of assets
Valuation of inventory
Going concern
Related party transactions
Taxation
Litigation and claims
Acquisitions and disposals
Pensions and other post-employment benefits
Financial instruments
Business continuity and disaster recovery
IT systems and controls
- Q2. Consequence of non deducting TDS
- Ans.
Non deduction of TDS can lead to penalties and legal consequences.
Non deduction of TDS can result in penalties and interest charges.
The taxpayer may also face legal consequences and prosecution.
The deductee may face difficulties in claiming credit for the tax deducted at source.
Non deduction of TDS can also lead to increased scrutiny from tax authorities.
For example, if an employer fails to deduct TDS on salary payment...
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81
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