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Nangia & Co. LLP Associate Interview Questions and Answers

Updated 16 Jan 2024

Nangia & Co. LLP Associate Interview Experiences

3 interviews found

Associate Interview Questions & Answers

user image EVELYN DSOUZA

posted on 16 Jan 2024

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. What extra activity did you play besides your daily job responsibilities?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be Focused in your work and do your best.

Associate Interview Questions & Answers

user image Anonymous

posted on 25 Feb 2022

I applied via Approached by Company and was interviewed in Jan 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - Technical 

(1 Question)

  • Q1. Taxation - Budget, Global minimum tax, OECF

Interview Preparation Tips

Interview preparation tips for other job seekers - Main is partner/ director round

Associate Interview Questions Asked at Other Companies

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Q3. Difference between online and offline shopping.
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Q5. What's IP address and why is it required?

Associate Interview Questions & Answers

user image Anonymous

posted on 11 May 2021

I applied via Company Website and was interviewed in Nov 2020. There were 5 interview rounds.

Interview Questionnaire 

6 Questions

  • Q1. Please run through your CV.
  • Q2. How many kind of industries you have handled?
  • Q3. Why do you want to Join Nangia?
  • Q4. What are your expectations?
  • Q5. What is analytical review, audit assertions, audit planning etc.
  • Ans. 

    Analytical review, audit assertions, and audit planning are all important components of the audit process.

    • Analytical review involves analyzing financial data to identify trends, anomalies, and potential risks.

    • Audit assertions are statements made by management regarding the accuracy and completeness of financial information.

    • Audit planning involves developing a strategy for conducting an audit, including identifying risk...

  • Answered by AI
  • Q6. What is Risk of Material Misstatement
  • Ans. 

    Risk of Material Misstatement refers to the risk that financial statements are materially misstated due to error or fraud.

    • It is a risk that auditors assess during an audit engagement

    • It can arise from errors or fraud in financial reporting

    • It can be caused by inadequate internal controls or lack of oversight

    • It is important to identify and mitigate this risk to ensure the accuracy of financial statements

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and be clear with your basics.

Interview questions from similar companies

Associate Interview Questions & Answers

BDO user image Anonymous

posted on 21 May 2021

Interview Questionnaire 

1 Question

  • Q1. Accounting standards, IFRS, BDO audit methodology

Associate Interview Questions & Answers

BDO user image Anonymous

posted on 30 Apr 2024

Interview experience
2
Poor
Difficulty level
Easy
Process Duration
4-6 weeks
Result
No response

I applied via Referral and was interviewed in Oct 2023. There was 1 interview round.

Round 1 - Technical 

(1 Question)

  • Q1. Audit & Standards related question

Associate Interview Questions & Answers

BDO user image Anonymous

posted on 16 Oct 2024

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Sep 2024. There was 1 interview round.

Round 1 - Technical 

(3 Questions)

  • Q1. IND AS transition
  • Q2. Leases , disclosure requirement
  • Q3. Financial reporting disclosures

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare IND AS 101
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Jan 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. Explain about ASC 842
  • Q2. Explain ASC 606 five steps

I applied via Job Fair and was interviewed before May 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - Case Study 

Accounting Standard

Interview Preparation Tips

Interview preparation tips for other job seekers - Make ample preparation. Read thoroughly the job description and role before applying.

Associate Interview Questions & Answers

BDO user image Anonymous

posted on 19 Sep 2022

I applied via Referral and was interviewed in Aug 2022. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. What is your strength? Why should we hire you?

Interview Preparation Tips

Topics to prepare for BDO Associate interview:
  • Excel
Interview preparation tips for other job seekers - Basic questions will be asked in Technical round.

Associate Interview Questions & Answers

BDO user image ANIKANT ANIL KAMBLE

posted on 1 Nov 2022

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all Resume tips
Round 2 - HR 

(1 Question)

  • Q1. Basic things about location and salary
Round 3 - Technical 

(4 Questions)

  • Q1. What is wtd avg cost of capital
  • Ans. 

    Wtd avg cost of capital is the average cost of all the capital sources a company uses, weighted by their proportion in the company's capital structure.

    • WACC is used to determine the minimum rate of return a company must earn on its investments to satisfy its investors.

    • It takes into account the cost of debt, cost of equity, and the proportion of each in the company's capital structure.

    • For example, if a company has 60% of...

  • Answered by AI
  • Q2. What is leveraged buyout
  • Ans. 

    Leveraged buyout is a financial transaction where a company is acquired using a significant amount of borrowed money.

    • LBO involves using debt to finance the acquisition of a company

    • The acquired company's assets are often used as collateral for the borrowed funds

    • The goal is to use the acquired company's cash flow to pay off the debt over time

    • LBOs are often used by private equity firms to acquire companies

    • Famous examples ...

  • Answered by AI
  • Q3. What is liquidity ratio
  • Ans. 

    Liquidity ratio is a financial metric that measures a company's ability to pay off its short-term debts.

    • It is calculated by dividing a company's current assets by its current liabilities.

    • A higher liquidity ratio indicates that a company is more capable of paying off its debts.

    • Common liquidity ratios include the current ratio and the quick ratio.

    • Liquidity ratios are important for investors and creditors to assess a comp

  • Answered by AI
  • Q4. What is debt service coverage ratio
  • Ans. 

    Debt service coverage ratio is a financial metric used to measure a company's ability to pay its debts.

    • It is calculated by dividing a company's net operating income by its total debt service.

    • A ratio of 1 or higher indicates that a company is generating enough income to cover its debt payments.

    • Lenders often use this ratio to assess a borrower's creditworthiness before approving a loan.

    • For example, if a company has a net...

  • Answered by AI
Round 4 - Behavioral 

(2 Questions)

  • Q1. What is internal rate of return
  • Ans. 

    Internal rate of return is the rate at which an investment's net present value is zero.

    • It is a metric used to evaluate the profitability of an investment.

    • It takes into account the time value of money and considers all cash flows associated with an investment.

    • The higher the IRR, the more profitable the investment.

    • IRR is used to compare different investment opportunities with varying cash flows and time horizons.

    • For exam...

  • Answered by AI
  • Q2. Salary negotioation happened afterwards

Interview Preparation Tips

Interview preparation tips for other job seekers - For entering into finance role, basics must be strong along with all current business affairs all around the world. They can ask you technical questions directly on the basis of current affairs
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Nangia & Co. LLP Interview FAQs

How many rounds are there in Nangia & Co. LLP Associate interview?
Nangia & Co. LLP interview process usually has 1-2 rounds. The most common rounds in the Nangia & Co. LLP interview process are Resume Shortlist, Technical and One-on-one Round.
How to prepare for Nangia & Co. LLP Associate interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Nangia & Co. LLP. The most common topics and skills that interviewers at Nangia & Co. LLP expect are Accounting, MS Office, Consulting, Direct Tax and Analytical.
What are the top questions asked in Nangia & Co. LLP Associate interview?

Some of the top questions asked at the Nangia & Co. LLP Associate interview -

  1. What is analytical review, audit assertions, audit planning e...read more
  2. What is Risk of Material Misstatem...read more
  3. Taxation - Budget, Global minimum tax, O...read more

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Nangia & Co. LLP Associate Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more
Nangia & Co. LLP Associate Salary
based on 90 salaries
₹3 L/yr - ₹11 L/yr
At par with the average Associate Salary in India
View more details

Nangia & Co. LLP Associate Reviews and Ratings

based on 12 reviews

3.9/5

Rating in categories

3.6

Skill development

3.8

Work-life balance

3.1

Salary

3.4

Job security

3.6

Company culture

3.0

Promotions

3.6

Work satisfaction

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