Protiviti India Member Interview Questions, Process, and Tips

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

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

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

Change management involves planning, implementing, and managing changes in an organization to ensure successful adoption and minimize resistance.

• Change management is a structured approach to transitioning individuals, teams, and organizations from a current state to a desired future state.

• It involves identifying potential risks and challenges, communicating the need for change, and engaging stakeholders throughout the ...read more

Logical access refers to the process of granting or denying users access to resources based on their identity and permissions.

• Logical access involves authentication and authorization mechanisms to control user access to systems and data

• It includes the use of passwords, biometrics, smart cards, and other methods to verify user identity

• Access control lists (ACLs) and role-based access control (RBAC) are common methods us...read more

Experienced Business Process Analyst with a background in streamlining operations and improving efficiency.

• Over 5 years of experience in analyzing and optimizing business processes

• Skilled in identifying areas for improvement and implementing solutions

• Strong background in data analysis and reporting

• Excellent communication and collaboration skills

• Certified in Lean Six Sigma for process improvement