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Pawan Puri & Associates Audit Executive Interview Questions, Process, and Tips

Updated 18 Oct 2023

Pawan Puri & Associates Audit Executive Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Apr 2023. 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 - Technical 

(8 Questions)

  • Q1. What is meant by ASM Audit?
  • Ans. 

    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...

  • Answered by AI
  • Q2. What is meant by Stock Audit?
  • Ans. 

    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...

  • Answered by AI
  • Q3. To Whom ASM Audit applicable?
  • Ans. 

    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...

  • Answered by AI
  • Q4. Threshold limit for stock audit and ASM audit?
  • Ans. 

    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...

  • Answered by AI
  • Q5. What is meant by asset management?
  • Ans. 

    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

  • Answered by AI
  • Q6. Various types of ratios?
  • Ans. 

    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 ...

  • Answered by AI
  • Q7. How to calculate drawing power?
  • Ans. 

    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

  • Answered by AI
  • Q8. What is meant by inventory holding period
  • Ans. 

    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...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Pawan Puri & Associates Audit Executive interview:
  • Accounting
  • Auditing

Interview questions from similar companies

I applied via Campus Placement and was interviewed before Jan 2021. There were 5 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Balance Sheet and Profit and Loss Scenario Based Questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Revise Accounting Priniciples

I applied via Campus Placement and was interviewed before Oct 2019. There were 6 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Talk about yourself?
  • Q2. Just talk casually..Note that u dont start talking about youself by telling ur name..Talk something intersting or unique that might impress the interviewer.

Interview Preparation Tips

Interview preparation tips for other job seekers - Stay normal, confident, smiling positive and real..Just be yourself..

I applied via Walk-in and was interviewed before May 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. How do you manager your life after kids ?
  • Ans. 

    Managing life after kids requires effective time management, prioritization, and support systems.

    • Create a daily schedule to balance work, family, and personal time.

    • Delegate tasks and responsibilities to family members or hired help.

    • Establish clear boundaries and communicate expectations with work and family.

    • Build a support network of friends, family, or other parents.

    • Take advantage of technology and tools to streamline...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Should not be asked
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Good aptitude accounting and audit concepts are covered

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
More than 8 weeks
Result
Selected Selected

I applied via Naukri.com 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 

There was an aptitude test for around 1 hour.

Round 3 - HR 

(2 Questions)

  • Q1. Any past work experience, basic questions in auditing
  • Q2. HR will ask basic details regarding the job role.
Round 4 - Technical 

(1 Question)

  • Q1. IFRS 15, IAS 12 Deferred Tax. Materiality, Audit process, Planning etc. Different IFRS and IAS Standards

Interview Preparation Tips

Interview preparation tips for other job seekers - Be specific don't bluff. Recall basic accounting concepts, standards, auditing details.
Interview experience
2
Poor
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Not Selected

I applied via Recruitment Consulltant and was interviewed in Feb 2023. There were 5 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 

(1 Question)

  • Q1. Basic HR questions about CV
Round 3 - Technical 

(1 Question)

  • Q1. Questions about Private Equity
Round 4 - Technical 

(1 Question)

  • Q1. Basic audit related questions
Round 5 - Behavioral 

(1 Question)

  • Q1. A normal chit chat with the Royal highness Mr. G.B

Interview Preparation Tips

Interview preparation tips for other job seekers - Be careful with this illogical person who can reject you post your technical rounds, just pray that you don't have to see this person's face.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed in Nov 2023. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - Aptitude Test 

English Listening & Speaking Test, Logical Reasoning, Quantitative Aptitude, Accounting

Round 3 - Technical 

(1 Question)

  • Q1. 1. Introduce Yourself 2. Tell me about your Internships 3. 3 Golden Rules of Accounting 4. What is BRS 5. Future Goals 6. How will you react if your manager didn't liked your work ? 7. How do you prioritiz...
Round 4 - HR 

(1 Question)

  • Q1. 1. Tell me about Yourself 2. How soon can you join us ? 3. Which location are you comfortable with ?
  • Ans. 

    I am a detail-oriented and dedicated professional with a strong background in auditing. I have excellent analytical skills and a keen eye for identifying discrepancies.

    • I have a Bachelor's degree in Accounting and have completed internships at two reputable auditing firms.

    • During my internships, I gained experience in conducting financial audits, analyzing financial statements, and identifying areas of risk.

    • I am proficie...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Not a difficult interview for sure. They need good candidates and all the trainings will be done by them to make you skilled for the job.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before May 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

Aptitude test consist of Verbal communication, logical reasoning and e-mail writing.

Round 2 - Technical 

(4 Questions)

  • Q1. Details about cashflow statement
  • Q2. Some part of audit
  • Ans. 

    Audit is a systematic examination of financial records, statements, or operations to ensure accuracy and compliance.

    • Audit involves examining financial records, statements, or operations of a company or organization.

    • The purpose of an audit is to ensure accuracy, reliability, and compliance with regulations.

    • Auditors review documents, conduct interviews, and perform tests to gather evidence for their findings.

    • Audits can b...

  • Answered by AI
  • Q3. Difference between internal and external audit
  • Ans. 

    Internal audit is conducted by internal employees to assess and improve internal controls, while external audit is conducted by independent third parties to provide an opinion on financial statements.

    • Internal audit is performed by employees within the organization, while external audit is conducted by independent auditors outside the organization.

    • Internal audit focuses on evaluating and improving internal controls and ...

  • Answered by AI
  • Q4. What is audit and why it is important?
  • Ans. 

    Audit is a systematic examination of an organization's financial records to ensure accuracy and compliance with regulations.

    • Audit is important for ensuring the accuracy and reliability of financial information.

    • It helps in detecting and preventing fraud or errors in financial statements.

    • Audits provide assurance to stakeholders such as investors, creditors, and regulators.

    • It helps in improving internal controls and opera...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Kpmg Resource Centre Audit Associate interview:
  • Cashflow
  • Accounting principles
  • Journal entries
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before Sep 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

It was a lenghty but very easy round.

Round 2 - One-on-one 

(2 Questions)

  • Q1. Golden rules of accouting
  • Q2. Depreciation state line method

Interview Preparation Tips

Interview preparation tips for other job seekers - Now a days KPMG is only hiring freshers with ACCA pursuing/qualified, so if you are in college and dream of coming to KPMG then start with your professional qualification ASAP.

Pawan Puri & Associates Interview FAQs

How many rounds are there in Pawan Puri & Associates Audit Executive interview?
Pawan Puri & Associates interview process usually has 2 rounds. The most common rounds in the Pawan Puri & Associates interview process are Resume Shortlist and Technical.
How to prepare for Pawan Puri & Associates Audit Executive 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 Pawan Puri & Associates. The most common topics and skills that interviewers at Pawan Puri & Associates expect are Auditing, Balance Sheet analysis, Banking, Finance and Cash Flow.
What are the top questions asked in Pawan Puri & Associates Audit Executive interview?

Some of the top questions asked at the Pawan Puri & Associates Audit Executive interview -

  1. What is meant by inventory holding per...read more
  2. What is meant by asset manageme...read more
  3. Threshold limit for stock audit and ASM aud...read more

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Pawan Puri & Associates Audit Executive Interview Process

based on 1 interview

Interview experience

4
  
Good
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Pawan Puri & Associates Audit Executive Salary
based on 6 salaries
₹3.3 L/yr - ₹4 L/yr
22% less than the average Audit Executive Salary in India
View more details

Pawan Puri & Associates Audit Executive Reviews and Ratings

based on 2 reviews

3.4/5

Rating in categories

3.8

Skill development

4.6

Work-life balance

3.4

Salary

4.6

Job security

3.4

Company culture

3.0

Promotions

3.4

Work satisfaction

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