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The revenue recognition standard for the construction industry is Ind AS 115, while for the manufacturing industry it is Ind AS 18.
For the construction industry, Ind AS 115 provides guidance on when to recognize revenue from contracts with customers.
Under Ind AS 115, revenue is recognized over time using the percentage of completion method or at a point in time when control of the asset is transferred to the customer.
F...
System implementation process involves planning, designing, testing, and deploying new software or hardware systems.
Planning phase involves defining project scope, setting goals, and creating a timeline.
Design phase includes creating system architecture, database design, and user interface.
Testing phase involves conducting various tests to ensure system functionality and performance.
Deployment phase includes installing...
Monitoring performance involves setting clear expectations, providing feedback, tracking progress, and addressing any issues that arise.
Set clear performance expectations for team members
Provide regular feedback on performance
Track progress towards goals and objectives
Address any performance issues promptly and constructively
posted on 21 Mar 2023
I applied via Referral and was interviewed in Feb 2023. There were 2 interview rounds.
I applied via Walk-in and was interviewed before Dec 2020. There were 5 interview rounds.
The neutral axis is the line where the stress is zero in a reinforced concrete structure.
The neutral axis divides the cross-section of the structure into two parts: the compression zone and the tension zone.
The depth of the neutral axis depends on the moment of resistance of the section and the bending moment applied.
The position of the neutral axis affects the amount of reinforcement required in the tension zone.
The n...
posted on 30 Nov 2023
I was interviewed before Nov 2022.
I applied via LinkedIn and was interviewed in May 2022. There were 3 interview rounds.
posted on 30 Nov 2022
I applied via Job Portal
Bentonite is used as a drilling fluid to stabilize boreholes before pulsing.
Bentonite is mixed with water to form a slurry and pumped into the borehole.
The slurry fills the borehole and stabilizes the walls, preventing collapse.
After the bentonite has set, pulsing can be done without the risk of borehole collapse.
Pulsing is a technique used in geophysical exploration to measure the properties of the subsurface.
posted on 30 May 2022
I applied via Referral and was interviewed in Nov 2021. There were 2 interview rounds.
The safety person's roles and responsibilities as per the BOCW act include ensuring safety measures are in place, conducting safety inspections, and providing safety training.
Ensuring safety measures are in place at the worksite
Conducting safety inspections to identify potential hazards
Providing safety training to workers and management
Maintaining records of safety inspections and incidents
Ensuring compliance with safe...
I applied via Approached by Company and was interviewed before May 2022. There were 2 interview rounds.
I have worked on INDAS 115 and INDAS 116 in my previous role as a financial analyst.
Implemented INDAS 115 to recognize revenue from contracts with customers
Applied INDAS 116 to account for leases in financial statements
Ensured compliance with INDAS standards in financial reporting
Prepared financial statements following the guidelines of INDAS
I applied via Approached by Company and was interviewed before Feb 2023. There were 3 interview rounds.
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