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I applied via Naukri.com and was interviewed in Apr 2023. There were 2 interview rounds.
ASM Audit stands for Area Sales Manager Audit, which involves evaluating the performance of sales managers in specific regions.
ASM Audit assesses the effectiveness of sales strategies implemented by Area Sales Managers.
It involves reviewing sales data, customer feedback, and performance metrics to identify areas for improvement.
The goal of ASM Audit is to ensure that sales managers are meeting targets and driving reven...
Stock audit is a process of verifying the physical stock of a company to ensure accuracy and prevent fraud.
Stock audit involves physically counting and verifying the inventory of a company.
It helps in detecting discrepancies between the physical stock and the records maintained by the company.
Stock audit is important for preventing theft, fraud, and mismanagement of inventory.
It ensures that the company's financial sta...
ASM Audit is applicable to all entities listed on the stock exchange.
ASM Audit is applicable to all entities listed on the stock exchange.
It is also applicable to entities that are required to comply with the Securities and Exchange Commission (SEC) regulations.
ASM Audit is typically required for public companies, financial institutions, and other regulated entities.
Entities that are subject to ASM Audit must ensure co...
Threshold limits for stock audit and ASM audit vary based on company policies and regulations.
Threshold limit for stock audit is typically set by the company based on the value of stock held.
Threshold limit for ASM audit is usually determined by the turnover of the company.
For example, a company may require a stock audit for inventory exceeding $1 million and an ASM audit for turnover exceeding $10 million.
These limits...
Asset management refers to the process of managing a company's assets to maximize their value and minimize risk.
Asset management involves tracking, maintaining, and disposing of assets.
It includes financial planning, inventory management, and risk management.
Examples of assets that are managed include cash, investments, equipment, and property.
Effective asset management can help improve efficiency, reduce costs, and in
Various types of ratios include liquidity ratios, profitability ratios, efficiency ratios, and solvency ratios.
Liquidity ratios measure a company's ability to meet short-term obligations (e.g. current ratio, quick ratio)
Profitability ratios assess a company's ability to generate profit (e.g. return on assets, return on equity)
Efficiency ratios evaluate how well a company utilizes its assets and liabilities (e.g. asset ...
Drawing power is calculated by subtracting the margin money from the total value of securities pledged.
Calculate the total value of securities pledged by the borrower.
Determine the margin money required by the lender.
Subtract the margin money from the total value of securities pledged to get the drawing power.
Drawing Power = Total Value of Securities - Margin Money
Inventory holding period refers to the average number of days that a company holds its inventory before selling it.
It is a measure of how efficiently a company manages its inventory.
A shorter inventory holding period indicates faster turnover and better liquidity.
Calculation: (Average Inventory / Cost of Goods Sold) x 365 days
Example: Company A has an average inventory of $100,000 and COGS of $400,000. Inventory holdin...
I applied via Naukri.com and was interviewed before Dec 2020. There were 5 interview rounds.
GST has replaced multiple indirect taxes with a single tax. Recent changes include simplified return filing and reduced rates for certain items.
GST has replaced multiple indirect taxes like VAT, excise duty, service tax, etc.
It has simplified the tax structure and reduced the cascading effect of taxes.
Recent changes include the introduction of simplified return filing through GST Sahaj and GST Sugam.
GST rates have been...
I applied via Recruitment Consultant and was interviewed before Jan 2021. There was 1 interview round.
I applied via Recruitment Consultant and was interviewed in Nov 2019. There were 3 interview rounds.
I am quite handy with tools and have experience using various types of equipment.
I have experience using power tools such as drills, saws, and sanders
I am skilled in using hand tools such as hammers, screwdrivers, and wrenches
I have experience with measuring and cutting materials accurately
I am able to troubleshoot and fix common household problems such as leaky faucets or broken appliances
I would rate myself 4 out of 5 in that particular tool.
I have extensive experience using the tool in various projects.
I have received positive feedback from colleagues and clients on my proficiency in the tool.
I am confident in my ability to troubleshoot and solve problems using the tool.
However, there may be some advanced features of the tool that I am not yet familiar with.
Overall, I believe I am highly skilled in us
I applied via Naukri.com and was interviewed before Oct 2020. There were 3 interview rounds.
Query to retrieve all customer names starting with A.
Use the SELECT statement to retrieve customer names.
Use the LIKE operator with the pattern 'A%' to match names starting with A.
Specify the table and column name where the customer names are stored.
Example: SELECT customer_name FROM customers WHERE customer_name LIKE 'A%';
I appeared for an interview before Oct 2020.
I applied via Campus Placement and was interviewed in Oct 2020. There were 3 interview rounds.
I applied via Campus Placement and was interviewed before Aug 2021. There were 2 interview rounds.
Technical round asking position related questions
I applied via Referral and was interviewed in Feb 2021. There was 1 interview round.
Articleship experience is essential for gaining practical knowledge and skills in the field of consulting.
Articleship provides hands-on experience in real-world scenarios.
It helps in understanding the practical application of theoretical knowledge.
Working under experienced professionals enhances skills and knowledge.
Articleship is a crucial step towards becoming a successful consultant.
Ind AS's are Indian Accounting Standards converged with IFRS.
Ind AS's are applicable to certain classes of companies in India.
They aim to bring transparency and comparability in financial reporting.
Ind AS's have been adapted from IFRS with certain modifications.
They cover various aspects of accounting such as revenue recognition, leases, financial instruments, etc.
To check if each FA is located severely, follow the FAR procedures.
Refer to FAR Part 45 for definitions and identification of FAs
Check the records of each FA to determine its location
Ensure that the location of each FA is compliant with applicable regulations
If any FA is found to be located severely, take appropriate corrective action
based on 1 interview
Interview experience
based on 11 reviews
Rating in categories
Hyderabad / Secunderabad,
Chennai
+15-10 Yrs
₹ 4-9 LPA
Audit Manager
16
salaries
| ₹4.5 L/yr - ₹6.5 L/yr |
Audit Executive
6
salaries
| ₹3.2 L/yr - ₹4 L/yr |
Audit Assistant
5
salaries
| ₹2.2 L/yr - ₹2.9 L/yr |
Auditor
4
salaries
| ₹2.4 L/yr - ₹4 L/yr |
Partner
4
salaries
| ₹12 L/yr - ₹24 L/yr |
Deloitte
KPMG India
Ernst & Young
PwC