PwC Interview Questions, Process, and Tips

To check application of IND AS while checking depreciation, one needs to ensure that the accounting policies and disclosures comply with the relevant standards.

• Check if the company has adopted IND AS and if it is applicable to the company

• Check if the company has followed the relevant accounting policies for depreciation as per IND AS

• Check if the company has made the required disclosures related to depreciation as per I...read more

An audit programme is a plan of action outlining the steps to be taken during an audit.

• An audit programme outlines the objectives, scope, and methodology of the audit.

• It includes a list of audit procedures to be performed.

• It also includes a timeline for the audit and the roles and responsibilities of the audit team.

• Examples of audit programmes include financial audits, operational audits, and compliance audits.

Management representation letter is a written statement from management to auditors confirming the accuracy of financial information.

• It is a letter from management to auditors

• It confirms the accuracy of financial information

• It is a standard part of the audit process

• It is used to provide evidence of management's responsibility for financial statements

• It may include information on internal controls and potential fraud

• Exa...read more