Kpmg Resource Centre Interview Questions, Process, and Tips

Is Cryptocurrency a future?

Q1. On Accouting and auditing standard
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Q2. Accounting standard 10
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Q1. Tell us about your cv
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Q1. Brief work experience
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Q2. What is your work experience?
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It was a lenghty but very easy round.

Q1. Golden rules of accouting
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Q2. Depreciation state line method
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Quant, Reasoning, Email Writing

Q1. Tell me about yourself
Ans. 
I am a detail-oriented individual with a strong background in accounting and auditing.
• Graduated with a degree in Accounting

• Completed internships at accounting firms

• Proficient in financial analysis and reporting

• Strong attention to detail and analytical skills
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Q2. What you like doing in your free time?
Ans. 
I enjoy reading, hiking, and trying out new recipes in my free time.
• Reading books from various genres

• Hiking in local trails and exploring nature

• Experimenting with cooking and baking new dishes
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Q3. You said you like reading, what was the current book that you are reading?
Ans. 
I am currently reading 'The Silent Patient' by Alex Michaelides.
• Psychological thriller novel

• Focuses on a woman who stops speaking after a traumatic event

• Explores themes of mental health and deception
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Q1. Cash Flow Questions
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Q2. Basic Accounting Questions
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There was an aptitude test for around 1 hour.

Q1. Any past work experience, basic questions in auditing
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Q2. HR will ask basic details regarding the job role.
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Q1. IFRS 15, IAS 12 Deferred Tax. Materiality, Audit process, Planning etc. Different IFRS and IAS Standards
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Aptitude test consist of Verbal communication, logical reasoning and e-mail writing.

Q1. Details about cashflow statement
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Q2. Some part of audit
Ans. 
Audit is a systematic examination of financial records, statements, or operations to ensure accuracy and compliance.
• Audit involves examining financial records, statements, or operations of a company or organization.

• The purpose of an audit is to ensure accuracy, reliability, and compliance with regulations.

• Auditors review documents, conduct interviews, and perform tests to gather evidence for their findings.

• Audits can b...read more
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Q3. Difference between internal and external audit
Ans. 
Internal audit is conducted by internal employees to assess and improve internal controls, while external audit is conducted by independent third parties to provide an opinion on financial statements.
• Internal audit is performed by employees within the organization, while external audit is conducted by independent auditors outside the organization.

• Internal audit focuses on evaluating and improving internal controls and ...read more
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Q4. What is audit and why it is important?
Ans. 
Audit is a systematic examination of an organization's financial records to ensure accuracy and compliance with regulations.
• Audit is important for ensuring the accuracy and reliability of financial information.

• It helps in detecting and preventing fraud or errors in financial statements.

• Audits provide assurance to stakeholders such as investors, creditors, and regulators.

• It helps in improving internal controls and opera...read more
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