Protiviti India Member Consultant Interview Questions, Process, and Tips

Q1. Ind as 115 applicability and compliance in financial statement
Ans. 
Ind AS 115 is applicable for revenue recognition in financial statements, ensuring compliance with accounting standards.
• Ind AS 115 is applicable for all entities that prepare financial statements in accordance with Indian Accounting Standards.

• It provides guidance on when and how to recognize revenue from contracts with customers.

• Compliance with Ind AS 115 ensures that revenue is recognized in a manner that reflects the...read more
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Q1. Tell me about yourself
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I am a dedicated and experienced consultant with a strong background in problem-solving and client management.
• Over 5 years of experience in consulting roles

• Skilled in analyzing data and providing strategic recommendations

• Proven track record of successfully managing client relationships

• Strong communication and presentation skills

• Certified in relevant consulting methodologies
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Q2. Experience in the selected domain
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Q1. Ask about direct and indirect questions
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Q2. What is Reverse Charge Mecanism?
Ans. 
Reverse Charge Mechanism is a system where the recipient of the goods or services is liable to pay the tax instead of the supplier.
• Under Reverse Charge Mechanism, the recipient of the goods or services is responsible for paying the tax to the government instead of the supplier.

• It is commonly used in B2B transactions where the supplier is not required to collect tax from the recipient.

• This mechanism helps in preventing ...read more
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Q2. About work experience
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Question related to maths accounts

Accounts maths English reasoning

Q1. Questions related to accounts
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