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I applied via Naukri.com and was interviewed before Feb 2022. There were 2 interview rounds.
Auditing and assurance are processes that ensure the accuracy and reliability of financial information.
Auditing involves examining financial records and statements to ensure they are accurate and comply with accounting standards.
Assurance involves providing an independent opinion on the accuracy and reliability of financial information.
Both auditing and assurance are important for maintaining the integrity of financial...
Performance materiality is the amount set by the auditor at less than materiality for the financial statements as a whole.
It is the amount set by the auditor for the financial statements as a whole
It is set at less than materiality
It is used to reduce the risk of material misstatement
It is used to determine the nature, timing, and extent of audit procedures
Example: If materiality is $100,000, performance materiality ma
Important areas to audit in banking industry
Compliance with regulatory requirements
Risk management practices
Internal controls and governance
Financial reporting accuracy
Cybersecurity measures
Customer data protection
Anti-money laundering measures
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posted on 21 Apr 2021
I applied via Naukri.com and was interviewed in Mar 2021. There were 5 interview rounds.
posted on 9 Mar 2021
I applied via Naukri.com and was interviewed in Feb 2021. There was 1 interview round.
posted on 24 Sep 2024
I applied via Approached by Company and was interviewed before Sep 2023. There was 1 interview round.
posted on 6 Nov 2024
I applied via Referral and was interviewed before Nov 2023. There were 3 interview rounds.
Assignment is accounting related
Deferred accounting refers to recognizing revenue or expenses at a later date than when they are actually incurred.
Deferred accounting is used to match revenue and expenses with the period in which they are actually earned or incurred.
Common examples include prepaid expenses and unearned revenue.
Deferred tax liabilities and assets are also examples of deferred accounting.
It helps in accurately reflecting the financial
Journal entries for amortization involve recording the gradual reduction in value of intangible assets over time.
Amortization is the process of allocating the cost of intangible assets over their useful life.
Debit the Amortization Expense account and credit the Accumulated Amortization account.
Journal entry example: Debit Amortization Expense $1,000, Credit Accumulated Amortization $1,000.
Amortization does not apply to
I applied via Company Website and was interviewed before Dec 2021. There were 3 interview rounds.
Risk of material misstatement procedure is a process to identify and assess the risk of errors or fraud in financial statements.
The procedure involves understanding the entity and its environment, including internal controls.
It also includes assessing the risks of material misstatement due to fraud or error.
The auditor then designs and performs audit procedures to address the identified risks.
Examples of procedures inc...
posted on 10 Jun 2022
I applied via Recruitment Consulltant and was interviewed in May 2022. There was 1 interview round.
K-1 and K-2 forms are used for fiancé(e) and dependent visas respectively in the United States.
K-1 form is used for fiancé(e) visas and K-2 form is used for dependent visas in the US
K-1 form allows a US citizen to bring their fiancé(e) to the US for marriage within 90 days
K-2 form allows the dependent children of the K-1 visa holder to accompany them to the US
Both forms require extensive documentation and background ch
Adobe Iluustrator assignment of a 4 pager layout
Address work related issues by communicating openly, seeking solutions collaboratively, and prioritizing tasks effectively.
Communicate openly with colleagues and supervisors to address any issues that arise
Seek solutions collaboratively by brainstorming with team members and seeking input from others
Prioritize tasks effectively to ensure that important issues are addressed in a timely manner
posted on 26 Jun 2022
I applied via Naukri.com and was interviewed in May 2022. There were 3 interview rounds.
posted on 28 Mar 2024
I applied via LinkedIn and was interviewed in Sep 2023. There was 1 interview round.
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Audit Associate
169
salaries
| ₹2.7 L/yr - ₹5.5 L/yr |
Assistant Manager
138
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| ₹13.2 L/yr - ₹26.5 L/yr |
Executive
102
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| ₹6 L/yr - ₹12.5 L/yr |
Senior Audit Associate
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Audit Senior
81
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| ₹12 L/yr - ₹18.7 L/yr |
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