Morgan Stanley Industrial Trainee Interview Questions and Answers

Basic Aptitude questions were there.

Q1. Basic questions from FR , SFM and JD.
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Q2. Normal HR questions.
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Q1. What is the difference between AS and IND AS
Ans. 
AS refers to Accounting Standards issued by ICAI, while IND AS refers to Indian Accounting Standards converged with IFRS.
• AS are the accounting standards issued by the Institute of Chartered Accountants of India (ICAI) for financial reporting in India.

• IND AS are the Indian Accounting Standards converged with the International Financial Reporting Standards (IFRS).

• AS are mandatory for certain entities in India, while IND ...read more
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Q2. What is your favorite ind as
Ans. 
My favorite Ind AS is Ind AS 115, Revenue from Contracts with Customers.
• Ind AS 115 provides a single, comprehensive revenue recognition model for all contracts with customers.

• It outlines the principles that an entity should apply to measure and recognize revenue.

• The standard also requires enhanced disclosures to help users of financial statements better understand the nature, amount, timing, and uncertainty of revenue ...read more
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Q3. What is component approach
Ans. 
Component approach is a software development methodology where the system is divided into smaller components that can be developed and tested independently.
• Components are independent and reusable units of software

• Each component has well-defined interfaces for communication with other components

• Components can be developed, tested, and maintained separately

• Example: React.js uses a component-based architecture for buildin
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Q1. Tell me about yourself
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English, quantitative skills, and logical reasoning were assessed.

Q1. Experience at previous firm?
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Q2. Questions relating to Ind AS and afm from ca final syllabus
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Basic Aptitude questions were there.

Q1. Basic questions from FR , SFM and JD.
Add your answer
Q2. Normal HR questions.
Add your answer

Q1. What is the difference between AS and IND AS
Ans. 
AS refers to Accounting Standards issued by ICAI, while IND AS refers to Indian Accounting Standards converged with IFRS.
• AS are the accounting standards issued by the Institute of Chartered Accountants of India (ICAI) for financial reporting in India.

• IND AS are the Indian Accounting Standards converged with the International Financial Reporting Standards (IFRS).

• AS are mandatory for certain entities in India, while IND ...read more
Answered by AI
Add your answer
Q2. What is your favorite ind as
Ans. 
My favorite Ind AS is Ind AS 115, Revenue from Contracts with Customers.
• Ind AS 115 provides a single, comprehensive revenue recognition model for all contracts with customers.

• It outlines the principles that an entity should apply to measure and recognize revenue.

• The standard also requires enhanced disclosures to help users of financial statements better understand the nature, amount, timing, and uncertainty of revenue ...read more
Answered by AI
Add your answer
Q3. What is component approach
Ans. 
Component approach is a software development methodology where the system is divided into smaller components that can be developed and tested independently.
• Components are independent and reusable units of software

• Each component has well-defined interfaces for communication with other components

• Components can be developed, tested, and maintained separately

• Example: React.js uses a component-based architecture for buildin
Answered by AI
Add your answer

Q1. Tell me about yourself
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Q1. How are you and how are you doing
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Q2. How do you know me , why do you know me
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