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Nangia & Co. LLP Audit Associate Interview Questions and Answers

Updated 1 May 2024

Nangia & Co. LLP Audit Associate Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Apr 2024. There were 2 interview rounds.

Round 1 - Technical 

(1 Question)

  • Q1. Difference in Forensic audit and Other audits?
  • Ans. 

    Forensic audit focuses on investigating fraud and misconduct, while other audits focus on financial statements and compliance.

    • Forensic audit involves investigating fraud, embezzlement, and misconduct within an organization.

    • Other audits, such as financial statement audits and compliance audits, focus on verifying the accuracy of financial records and ensuring compliance with laws and regulations.

    • Forensic auditors often ...

  • Answered by AI
Round 2 - One-on-one 

(1 Question)

  • Q1. What are recent financial scandals cases and how would you have investigated them
  • Ans. 

    Recent financial scandals include Wirecard, Luckin Coffee, and Toshiba. Investigation would involve reviewing financial statements, conducting interviews, and analyzing internal controls.

    • Reviewing financial statements for inconsistencies and irregularities

    • Conducting interviews with key personnel and stakeholders

    • Analyzing internal controls and governance structures

    • Examining audit trails and transaction records

    • Utilizing ...

  • Answered by AI

Interview questions from similar companies

I applied via Campus Placement and was interviewed before Jul 2020. There were 4 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. What is bank reconciliation?
  • Ans. 

    Bank reconciliation is the process of comparing a company's bank statement with its own accounting records.

    • It helps to identify any discrepancies between the two records.

    • It ensures that all transactions are accurately recorded in the company's books.

    • It involves matching transactions on the bank statement with transactions in the company's accounting system.

    • Any differences are investigated and resolved.

    • Examples of items...

  • Answered by AI
  • Q2. What is cash flow statement?
  • Ans. 

    Cash flow statement is a financial statement that shows the inflow and outflow of cash in a business over a period of time.

    • It shows the sources of cash and how it is used.

    • It is divided into three sections: operating, investing, and financing activities.

    • It helps in analyzing the liquidity and solvency of a business.

    • Example: A company's cash flow statement shows that it has a positive cash flow from operating activities,...

  • Answered by AI
  • Q3. Journal entries
  • Q4. More questions on cash flow statement by asking and example

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare basics of accounts only for technical round

I applied via Referral and was interviewed before Dec 2021. There were 3 interview rounds.

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 tips
Round 2 - HR 

(2 Questions)

  • Q1. General background questions
  • Q2. Questions related to work experience
Round 3 - Technical 

(1 Question)

  • Q1. Questions related to work done in the last organisation

Interview Preparation Tips

Interview preparation tips for other job seekers - Be practical for all the questions and if you don't know the answer just deny it.

Interview Questionnaire 

1 Question

  • Q1. Introduction

Interview Questionnaire 

1 Question

  • Q1. INDAS, CARO, SAs

I applied via Company Website and was interviewed in Mar 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 tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Assertions audit, ind as 115
  • Q2. Self description , previous org

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare audit and accounts. Better communication
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed in Aug 2022. There were 4 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 tips
Round 2 - Aptitude Test 

Basics Questions About Financial knowledge and reasoning.

Round 3 - One-on-one 

(2 Questions)

  • Q1. Tell me About Yourself. Previous Experiences.
  • Q2. Define Contingent Liability.
  • Ans. 

    Contingent Liability is a potential obligation that may arise from past events and whose existence will be confirmed by the occurrence or non-occurrence of one or more uncertain future events.

    • It is a liability that is not yet certain but may become certain in the future

    • It arises from past events

    • It depends on the occurrence or non-occurrence of one or more uncertain future events

    • Examples include pending lawsuits, warran

  • Answered by AI
Round 4 - One-on-one 

(4 Questions)

  • Q1. Describe about Yourself.
  • Q2. Why do you want to join BDO?
  • Q3. Why You? and describe previous Experiences
  • Q4. How do you Contribute to BDO?

Interview Preparation Tips

Topics to prepare for BDO RISE Private Limited Associate interview:
  • Basic Accounting
  • Resume
Interview preparation tips for other job seekers - Be Confident, take time to answer, and give answers calmly.

I applied via Company Website and was interviewed in Sep 2021. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about your prior company experience
  • Ans. Since I had 5+ yrs of experience in audit, it was easy for me to take through the interviewer across.
  • Answered Anonymously
  • Q2. Why do you want a job change
  • Ans. To get experience in different domain and BDO rise is once such new organisation to provide a good platform.
  • Answered Anonymously

Interview Preparation Tips

Interview preparation tips for other job seekers - Basically I have attained many interviews one key thing I observed from the companies is that how you can bring values to their teams, ability make solutions. More over I would recommend you to be confident across your interview irrespective they either select you or reject.

All the best.

I applied via Naukri.com and was interviewed before Feb 2021. There were 4 interview rounds.

Round 1 - Assignment 

.

Round 2 - HR 

(3 Questions)

  • Q1. Share details of your previous job.
  • Q2. What are your salary expectations?
  • Q3. Tell me about yourself.
Round 3 - Technical 

(1 Question)

  • Q1. Question related to Job profile , experience.
Round 4 - HR 

(3 Questions)

  • Q1. What are your salary expectations?
  • Q2. What is your family background?
  • Q3. What are your strengths and weaknesses?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared for questions basis job profile.

I applied via Monster and was interviewed in Mar 2021. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Salary appraisal

Interview Preparation Tips

Interview preparation tips for other job seekers - They looking who is having 4-6 years of experience in relevant field for Cochin location.

Nangia & Co. LLP Interview FAQs

How many rounds are there in Nangia & Co. LLP Audit Associate interview?
Nangia & Co. LLP interview process usually has 2 rounds. The most common rounds in the Nangia & Co. LLP interview process are Technical and One-on-one Round.
What are the top questions asked in Nangia & Co. LLP Audit Associate interview?

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

  1. What are recent financial scandals cases and how would you have investigated th...read more
  2. Difference in Forensic audit and Other audi...read more

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Nangia & Co. LLP Audit Associate Interview Process

based on 1 interview

Interview experience

4
  
Good
View more
Nangia & Co. LLP Audit Associate Salary
based on 8 salaries
₹5 L/yr - ₹9 L/yr
34% more than the average Audit Associate Salary in India
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