Mazars Assistant Manager and Senior Executive Interview Questions and Answers

Test of 30 minutes of the field you choice proper paper no mcq

Q1. Basics of tax explain from basic
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Q1. Every tds sextion and rate you know
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Q1. Explain DCF valuation method
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DCF valuation method is a financial valuation technique used to estimate the value of an investment based on its future cash flows.
• Discounted Cash Flow (DCF) valuation method involves estimating the future cash flows of an investment and discounting them back to their present value.

• It takes into account the time value of money, as cash received in the future is worth less than cash received today.

• The formula for DCF va...read more
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Q2. Walk me through your deal experience
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I have extensive deal experience in negotiating contracts, managing due diligence processes, and closing transactions.
• Negotiated and closed multiple contracts with vendors and clients

• Managed due diligence processes for mergers and acquisitions

• Closed several high-value transactions in the past year
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Q1. Why Grant thornton?
Ans. Sir GT  is indias largest tax,assurance and advisory firm. A truly indian firm with global connections and while ho through the company's website I got to know that you are a global network of 68000 people in 147 markets with a common goal- to help people business flourish. And to be able to sit or work with these people would be a golden opportunity for me. And i also got to know that Your culture is always open, incl...read more
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Q2. Why stat audit?
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Stat audit is important for ensuring accuracy, compliance, and transparency in financial statements.
• Stat audit helps in verifying the accuracy of financial statements and ensuring that they are free from material misstatements.

• It provides assurance to stakeholders that the financial information presented is reliable and trustworthy.

• Stat audit helps in detecting and preventing fraud, errors, and irregularities in financ...read more
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Q3. How would you receive negative comments?
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Q4. Where do you see yourself after 5 years?
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Q1. What is materiality? Difference between overall and performance materiality?
Ans. 
Materiality refers to the significance or importance of an item or event in relation to financial statements.
• Materiality is a concept used in auditing and accounting to determine the relevance of information.

• It involves assessing the impact of an item or event on the financial statements and whether it would influence the decisions of users.

• Materiality is subjective and depends on the nature and size of the entity bein...read more
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Q1. Basic discussion
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Frist tets is basic questions of accounting. Basic journal entry of purchase with TDS and professional fees provided and TDS entries were asked in written test consisting 10 ques.

Q1. Excel test of basics like enter row or switch column were asked
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Q2. Typing test of 5 minutes
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Q1. 2 rounds of HR and asked about myself and my interests and future only
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Q1. Difficult time u faced
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Q2. How did u handle difficult situations?
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Q1. Team handling, training to new staff
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Q2. Budget, target work
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Q1. Basic general questions related to things mentioned in cv
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Q1. Related to tds, advance tax
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Q2. Due dates of each
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