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PKF International Audit Senior Interview Questions and Answers
PKF International Audit Senior Interview Experiences
1 interview found
Anonymous
I applied via Company Website and was interviewed in Dec 2024. There was 1 interview round.
(4 Questions)
- Q1. Types of Leases as per Ind AS 116
- Ans.
Types of leases under Ind AS 116 include finance leases and operating leases.
Finance leases involve transferring substantially all risks and rewards of ownership to the lessee.
Operating leases do not transfer risks and rewards of ownership to the lessee.
Examples of finance leases include long-term equipment leases, while examples of operating leases include short-term office space rentals.
- Q2. Debtor O/s from 3 years. How will you deal with it in audit report?
- Ans.
Debtor O/s from 3 years should be investigated thoroughly and disclosed appropriately in the audit report.
Review the aging of the debtor and assess the collectability of the outstanding amount.
Investigate the reasons for the outstanding balance, such as disputes, credit terms, or financial difficulties.
Consider the need for a provision for bad debts if the debt is deemed uncollectible.
Disclose the details of the debtor...
- Q3. What are the steps you follow while auditing Sundry Creditors?
- Ans.
Steps followed while auditing Sundry Creditors
Verify the existence of the creditors by confirming with the company's records
Review the aging schedule to ensure accuracy of outstanding balances
Check for any unrecorded liabilities or duplicate payments
Confirm balances with creditors through direct communication or statements
Investigate any significant discrepancies or unusual transactions
- Q4. Various other questions based on my Resume & sectors which I have worked with.
Sopra Steria
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I applied via Referral and was interviewed in Jun 2022. There was 1 interview round.
(1 Question)
- Q1. Audit terminologies, materiality, audit risks. The client on which we worked - questions based on the workings, testings and planning documentations
Interview Preparation Tips
2. ask questions regarding the work you'll be performing
I applied via Referral and was interviewed in Jan 2022. There were 3 interview rounds.
(2 Questions)
- Q1. Auditing Case Study/Question on Materiality
- Q2. Question on Bank Reconciliation Statement Items//Question on Fixed Assets
(1 Question)
- Q1. CURRENT CTC,JOB LOCATION PREFERENCE,EXPECTED CTC
Interview Preparation Tips
Selected
I appeared for an interview before Mar 2023.
(5 Questions)
- Q1. About stat audit
- Q2. Assertions materially
- Q3. Article ship experience
- Ans.
Article ship experience is essential for gaining practical knowledge and skills in auditing.
Article ship experience provides hands-on training in auditing practices and procedures.
It helps in understanding real-life audit scenarios and challenges.
Working under experienced professionals during article ship enhances technical skills and knowledge.
Article ship experience is crucial for developing critical thinking and pro...
- Q4. Test of details
- Q5. Substantive procedures
Interview Preparation Tips
Namra Shafi
Selected
I applied via Job Portal and was interviewed before Mar 2023. There was 1 interview round.
(1 Question)
- Q1. Explain the five step model of revenue recognition
- Ans.
The five step model of revenue recognition outlines the process for recognizing revenue from contracts with customers.
Identify the contract with the customer
Identify the performance obligations in the contract
Determine the transaction price
Allocate the transaction price to the performance obligations
Recognize revenue as the performance obligations are satisfied
Interview Preparation Tips
I applied via Campus Placement and was interviewed in May 2021. There were 3 interview rounds.
Interview Questionnaire
2 Questions
- Q1. Indepth understanding for Audit procedures and INDAS especifically 115 and 116
- Q2. Knowledge for application of excel were also asked
Interview Preparation Tips
Selected
I applied via Recruitment Consulltant and was interviewed before Oct 2022. There were 5 interview rounds.
(2 Questions)
- Q1. 2 managers took rounds of technical basic questions
- Q2. Materialtiy, asserations, types of Risk
(1 Question)
- Q1. Senior manager took based on cv
(1 Question)
- Q1. Online english based
(1 Question)
- Q1. One or two basic questions but tricky ones
Selected
I appeared for an interview before Nov 2023.
A group of 5 given GD
(1 Question)
- Q1. Why should we select you
I applied via LinkedIn and was interviewed before Aug 2023. There was 1 interview round.
It is normal basic aptitude test
Interview Preparation Tips
Selected
I applied via Campus Placement and was interviewed before Feb 2022. There were 4 interview rounds.
Was a bit tough to crack it but once you clear it then it will be easy
(1 Question)
- Q1. Was a simple intro session
(1 Question)
- Q1. There has been 2 technical rounds, with a live time scenario given
Interview Preparation Tips
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Rating in categories
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Audit Senior
6
salaries
|  ₹17 L/yr - ₹21 L/yr |
|
Assistant Manager
5
salaries
| ₹16.1 L/yr - ₹33 L/yr |
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Senior Analyst
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salaries
| ₹9 L/yr - ₹21 L/yr |
|
Senior Auditor
5
salaries
| ₹9 L/yr - ₹20 L/yr |
|
Manager
4
salaries
| ₹14 L/yr - ₹20.5 L/yr |
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