Add office photos
i
Maier + Vidorno
Compare
Filter interviews by
Maier + Vidorno Article Assistant Interview Questions, Process, and Tips
Maier + Vidorno Article Assistant Interview Experiences
1 interview found
Anonymous
Selected
I applied via Referral and was interviewed before Mar 2022. There were 2 interview rounds.
(4 Questions)
- Q1. What are the current updates in income tax?
- Ans.
The government has introduced various updates in income tax laws in the recent years.
The Finance Act, 2021 has introduced a new provision for tax deduction at source (TDS) on purchase of goods at 0.1% rate.
The deadline for filing income tax returns for the financial year 2020-21 has been extended to September 30, 2021.
The government has introduced a new tax regime with lower tax rates for individuals who are willing to...
- Q2. Tell me about TDS sections
- Ans.
TDS sections refer to the different sections under which tax is deducted at source.
TDS sections are numbered from 192 to 196D.
Each section specifies the rate at which TDS is to be deducted.
Section 194C applies to payments made to contractors and specifies a TDS rate of 1% for individuals and HUFs, and 2% for others.
Section 194J applies to professional or technical services and specifies a TDS rate of 10%.
Section 195 ap...
- Q3. What are current prevailing gst rates?
- Ans.
The current prevailing GST rates in India vary from 0% to 28% depending on the goods or services.
GST rates are divided into 4 slabs - 5%, 12%, 18%, and 28%
Some goods and services are exempted from GST, such as healthcare and education
Luxury items like cars and tobacco products have higher GST rates
GST rates are subject to change based on government policies and economic conditions
- Q4. What is the income tax basic limit?
- Ans.
The income tax basic limit in India for individuals is Rs. 2.5 lakhs per annum.
Individuals earning up to Rs. 2.5 lakhs per annum are exempt from income tax.
For senior citizens (age 60 years or above), the basic limit is Rs. 3 lakhs per annum.
For super senior citizens (age 80 years or above), the basic limit is Rs. 5 lakhs per annum.
Income tax rates increase with income levels above the basic limit.
The basic limit is su...
Interview Preparation Tips
Interview questions from similar companies
I applied via Company Website and was interviewed in Jul 2022. There were 2 interview rounds.
(2 Questions)
- Q1. Written test comprising of 20+ Questions mainly on AS, SA, Tax.
- Q2. What is the difference between emphasis on matter paragraph and key audit matter.
- Ans.
Emphasis on matter paragraph highlights significant matters in financial statements while key audit matter focuses on significant audit matters.
Emphasis on matter paragraph is included in the auditor's report while key audit matter is a separate section.
Emphasis on matter paragraph highlights significant matters in the financial statements such as going concern, related party transactions, and significant accounting po...
(3 Questions)
- Q1. Difference between provision and reserve
- Ans.
Provision is a liability that is uncertain in timing or amount, while reserve is a portion of profits set aside for a specific purpose.
Provision is an estimated expense that a company sets aside in its accounts to cover a potential future liability.
Reserve is a portion of profits that a company sets aside for a specific purpose, such as to fund future expansion or to pay dividends.
Provision is recognized as an expense ...
- Q2. Concept of contingent asset and contingent liabilities
- Ans.
Contingent assets and liabilities are potential future events that may or may not occur.
Contingent assets are potential assets that may arise from past events, but their existence is uncertain and depends on future events.
Contingent liabilities are potential obligations that may arise from past events, but their existence is uncertain and depends on future events.
Contingent assets and liabilities are disclosed in the f...
- Q3. How to calculate capital gains.
- Ans.
Capital gains are calculated by subtracting the cost of acquisition from the sale price of an asset.
Determine the sale price of the asset
Determine the cost of acquisition of the asset
Subtract the cost of acquisition from the sale price to get the capital gain
Apply any applicable exemptions or deductions to arrive at the taxable capital gain
Interview Preparation Tips
- Accounting Standards
- tandards on Auditing
- Direct Tax
- Indirect Taxation
I applied via Company Website
Hard and lengthy took long time
(1 Question)
- Q1. Only informed about stipend
(1 Question)
- Q1. Didn't ask any question only informed about stipend
Interview Preparation Tips
(1 Question)
- Q1. WHAT IS AUDIT, PRIVILEGE OF PRIVATE CO, ENRTY OF SALE OF MACHINE, COMPUTATION OF BASIC INCOME
- Ans.
Audit is a process of examining financial records to ensure accuracy and compliance, privilege of private company refers to limited liability of shareholders, entry of sale of machine involves recording the transaction in the accounting system, computation of basic income involves calculating the total income before deductions.
Audit involves examining financial records to ensure accuracy and compliance with regulations...
Interview Preparation Tips
Article Trainee Interview Questions & Answers
UJA Global Advisory Private Limited
kusum arora
posted on 13 Aug 2024
Selected
I applied via Company Website and was interviewed before Aug 2023. There were 2 interview rounds.
(2 Questions)
- Q1. Tell me about yourself
- Ans.
I am a dedicated and hardworking individual with a passion for learning and growth.
Graduate in Accounting from XYZ University
Completed internship at ABC Firm
Proficient in MS Excel and accounting software
Strong analytical and problem-solving skills
- Q2. Basic IPCC information
(2 Questions)
- Q1. Where do you stay
- Ans.
I stay in a cozy apartment in the city center.
I stay in a 2-bedroom apartment
Located in the city center
Close to public transportation
Nearby grocery stores and restaurants
- Q2. How will you perform verification of expenses
- Ans.
Verification of expenses involves reviewing supporting documents and ensuring accuracy and compliance.
Reviewing receipts, invoices, and bills to ensure they are legitimate and accurate
Checking for proper authorization and approval of expenses
Comparing expenses to budgeted amounts or industry standards
Ensuring expenses are recorded correctly in the accounting system
Performing random spot checks to detect any potential f
I applied via Company Website and was interviewed in Jul 2022. There were 2 interview rounds.
(2 Questions)
- Q1. Written test comprising of 20+ Questions mainly on AS, SA, Tax.
- Q2. What is the difference between emphasis on matter paragraph and key audit matter.
- Ans.
Emphasis on matter paragraph highlights significant matters in financial statements while key audit matter focuses on significant audit matters.
Emphasis on matter paragraph is included in the auditor's report while key audit matter is a separate section.
Emphasis on matter paragraph highlights significant matters in the financial statements such as going concern, related party transactions, and significant accounting po...
(3 Questions)
- Q1. Difference between provision and reserve
- Ans.
Provision is a liability that is uncertain in timing or amount, while reserve is a portion of profits set aside for a specific purpose.
Provision is an estimated expense that a company sets aside in its accounts to cover a potential future liability.
Reserve is a portion of profits that a company sets aside for a specific purpose, such as to fund future expansion or to pay dividends.
Provision is recognized as an expense ...
- Q2. Concept of contingent asset and contingent liabilities
- Ans.
Contingent assets and liabilities are potential future events that may or may not occur.
Contingent assets are potential assets that may arise from past events, but their existence is uncertain and depends on future events.
Contingent liabilities are potential obligations that may arise from past events, but their existence is uncertain and depends on future events.
Contingent assets and liabilities are disclosed in the f...
- Q3. How to calculate capital gains.
- Ans.
Capital gains are calculated by subtracting the cost of acquisition from the sale price of an asset.
Determine the sale price of the asset
Determine the cost of acquisition of the asset
Subtract the cost of acquisition from the sale price to get the capital gain
Apply any applicable exemptions or deductions to arrive at the taxable capital gain
Interview Preparation Tips
- Accounting Standards
- tandards on Auditing
- Direct Tax
- Indirect Taxation
I applied via Company Website
Hard and lengthy took long time
(1 Question)
- Q1. Only informed about stipend
(1 Question)
- Q1. Didn't ask any question only informed about stipend
Interview Preparation Tips
CA Articleship Interview Questions & Answers
UJA Global Advisory Private Limited
CA Adda 247
posted on 16 May 2021
Interview Questionnaire
1 Question
- Q1. One Technical Question about Sales & Purchase entry with GST
Maier + Vidorno Interview FAQs
Tell us how to improve this page.
Maier + Vidorno Interviews By Designations
Interview Questions for Popular Designations
- CA Article Assistant Interview Questions
- Article Trainee Interview Questions
- CA Articleship Interview Questions
- CA Article Trainee Interview Questions
- Articleship Interview Questions
- Articleship Assistant Interview Questions
- Senior Article Assistant Interview Questions
- Chartered Accountant Articleship Trainee Interview Questions
- Show more
People are getting interviews through
Article Assistant Interview Questions from Similar Companies
|
Executive
20
salaries
|  ₹2.5 L/yr - ₹5.5 L/yr |
|
Executive Accountant
15
salaries
| ₹2.8 L/yr - ₹5.5 L/yr |
|
Senior Executive
7
salaries
| ₹4.4 L/yr - ₹6 L/yr |
|
Senior Accountant
7
salaries
| ₹4.2 L/yr - ₹6 L/yr |
|
Assistant Manager Finance & Accounts
6
salaries
| ₹4.7 L/yr - ₹7.5 L/yr |
PwC
KPMG India
Ernst & Young
Deloitte
Calculate your in-hand salary
- Home >
- Interviews >
- Maier + Vidorno Interview Questions >
- Maier + Vidorno Article Assistant Interview Questions
