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PKF Sridhar & Santhanam LLP, Chartered Accountants Associate Interview Questions and Answers

Updated 29 Dec 2021

PKF Sridhar & Santhanam LLP, Chartered Accountants Associate Interview Experiences

1 interview found

Associate Interview Questions & Answers

user image Anonymous

posted on 29 Dec 2021

I applied via Naukri.com and was interviewed in Nov 2021. There were 3 interview rounds.

Interview Questionnaire 

7 Questions

  • Q1. DTA recognition
  • Q2. SEBI LODR recognition
  • Q3. IND AS 115&116 (Recog principle)
  • Q4. Documentation Methodology
  • Q5. SCH III amendments
  • Q6. Face of B/s,P&L,SOCE&CFS (IND AS)
  • Ans. 

    The face of B/s, P&L, SOCE & CFS (IND AS) refers to the presentation of financial statements as per Indian Accounting Standards.

    • The face of B/s refers to the presentation of the balance sheet.

    • The face of P&L refers to the presentation of the profit and loss statement.

    • The face of SOCE refers to the presentation of the statement of changes in equity.

    • The face of CFS refers to the presentation of the cash flow statement.

    • Al...

  • Answered by AI
  • Q7. Diff between AS & IND AS (4 major)
  • Ans. 

    AS is Indian GAAP while IND AS is converged with IFRS. Major differences include recognition, measurement, and disclosure requirements.

    • AS is based on Indian GAAP while IND AS is converged with IFRS

    • IND AS has more stringent recognition, measurement, and disclosure requirements

    • AS allows for more flexibility in accounting policies while IND AS is more standardized

    • AS does not require fair value measurement for certain asse

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - If you are not able to recollect answer at that moment then, if possible do not bluff.

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
-
Result
-

I applied via Approached by Company and was interviewed in Oct 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. How would you identify a Finance Lease? (5 pointers)
  • Ans. 

    A finance lease is a type of lease where the lessee has substantially all the risks and rewards of ownership.

    • The lease term is for the major part of the economic life of the asset

    • The present value of the minimum lease payments is equal to or more than the fair value of the asset

    • The asset is expected to be used by the lessee for the major part of its economic life

    • The lease agreement includes an option to purchase the as...

  • Answered by AI
  • Q2. How would you recognise revenue of Bundled services?
  • Ans. 

    Recognizing revenue of bundled services involves allocating the total revenue to each service based on their standalone selling prices.

    • Identify the standalone selling prices of each service included in the bundle.

    • Allocate the total revenue based on the relative fair value of each service.

    • Recognize revenue for each service as it is delivered or as the customer consumes the service.

    • Ensure that the revenue recognition com...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared with IFRS 15 and 16.
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Job Portal and was interviewed in Jul 2024. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. Why you want to join
  • Ans. 

    I am passionate about the industry and believe I can contribute positively to the team.

    • Passionate about the industry and eager to learn and grow

    • Believe my skills and experience align well with the company's goals

    • Excited about the opportunity to work with a talented team and make a meaningful impact

  • Answered by AI
  • Q2. How you would be beneficial
  • Ans. 

    I would be beneficial by bringing a strong work ethic, excellent communication skills, and a proven track record of success.

    • Strong work ethic - consistently meeting deadlines and exceeding expectations

    • Excellent communication skills - ability to effectively communicate with team members and clients

    • Proven track record of success - previous achievements and positive feedback from supervisors

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - No stepz
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.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Jan 2023. There were 3 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 - Case Study 

Internal Audit, Case scenario, Problem solving, Risk Identification, SOP, Controls

Round 3 - HR 

(2 Questions)

  • Q1. Tell me something about yourself, brief family background,
  • Ans. 

    I come from a close-knit family with a diverse background.

    • I have two siblings, an older brother and a younger sister.

    • My parents are both professionals, my father is a doctor and my mother is a lawyer.

    • We have a strong bond and often spend quality time together, such as going on family vacations or celebrating special occasions.

    • Growing up, my family instilled in me the values of hard work, integrity, and compassion.

    • My fa...

  • Answered by AI
  • Q2. Latest Joining date and Why this organization?
  • Ans. 

    My latest joining date is 1st July 2022. I chose this organization because of its strong reputation, growth opportunities, and alignment with my career goals.

    • Latest joining date: 1st July 2022

    • Chose this organization due to its strong reputation

    • Opportunities for growth and development

    • Alignment with my career goals

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Questions relating to the job role would be asked, and brush up on case scenarios or work done in past. Be truthful throughout the interview. Ego should not accompany you during your interview, have an open mindset. If you do not recall the answer/ do not know the answer, straightforwardly say that you cannot recall it. Most Importantly carry confidence and a smile. All the very best for your Interview.
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
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Mar 2023. There was 1 interview round.

Round 1 - HR 

(1 Question)

  • Q1. Introduce yourself

Interview Preparation Tips

Interview preparation tips for other job seekers - Speak confidently
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via campus placement at PGDAV COLLEGE (Evening), Delhi and was interviewed in Aug 2022. There were 4 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 - 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.
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
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 - HR 

(2 Questions)

  • Q1. Name and introduction?
  • Q2. Latest news update and previous work ex?
Round 3 - Aptitude Test 

Report making on a certain topic

Interview Preparation Tips

Interview preparation tips for other job seekers - prepare well, read all the recent news articles regarding fraud. good communication skills

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:
Double-check your resume for any spelling mistakes. The recruiter may consider spelling mistakes as careless behavior or poor communication skills.
View all 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

PKF Sridhar & Santhanam LLP, Chartered Accountants Interview FAQs

How to prepare for PKF Sridhar & Santhanam LLP, Chartered Accountants 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 PKF Sridhar & Santhanam LLP, Chartered Accountants. The most common topics and skills that interviewers at PKF Sridhar & Santhanam LLP, Chartered Accountants expect are Communication Skills, Auditing, Internal Audit, Ca and Statutory Audit.
What are the top questions asked in PKF Sridhar & Santhanam LLP, Chartered Accountants Associate interview?

Some of the top questions asked at the PKF Sridhar & Santhanam LLP, Chartered Accountants Associate interview -

  1. Diff between AS & IND AS (4 maj...read more
  2. Face of B/s,P&L,SOCE&CFS (IND ...read more
  3. Documentation Methodol...read more

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PKF Sridhar & Santhanam LLP, Chartered Accountants Associate Salary
based on 58 salaries
₹2.6 L/yr - ₹11 L/yr
At par with the average Associate Salary in India
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PKF Sridhar & Santhanam LLP, Chartered Accountants Associate Reviews and Ratings

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2.9/5

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3.1

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2.3

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3.6

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2.6

Company culture

1.9

Promotions

3.1

Work satisfaction

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