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PwC Statutory Audit Interview Questions and Answers

Updated 7 May 2017

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Statutory Audit Interview Questions

user image Anonymous

posted on 7 May 2017

I was interviewed in Mar 2017.

5 Interview Rounds

Interview Questions

Interview Preparation Tips

Round: HR Interview
Experience: MY CONFIDENCE AND QUICK LEARNING
Tips: STAY CALM

Round: Technical Interview
Experience: I DESCRIBED MY WORKING DURING MY ARTICLESHIP
Tips: BE CONFIDENT

Round: PARTNER
Experience: HOW LONG DID I PLAN TO CONTINUE IN THE ORGANISATION
Tips: BE TRUE

Skills: Confidence Levels Of Students, Technical Knowledge(ML
College Name: MAHARANI COLLEGE

Interview questions from similar companies

I applied via Walk-in and was interviewed before Nov 2020.

5 Interview Rounds

Interview Questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Be honest in what you speak and be confident
Interview experience
4
Good
Difficulty level
Moderate
Duration
2-4 weeks
Result
Not Selected

I applied via Referral and was interviewed in Jul 2024.

2 Interview Rounds

1

Technical Round (2 Questions)

  • Q1. Questions based on a case study related to consolidation and recording JEs for different transactions individually and for the group consolidated statement.
  • Q2. Give a practical example of common control business combination.
2

Technical Round (2 Questions)

  • Q1. How to calculate EIR for a loan taken
  • Q2. What is audit trail.

Interview Preparation Tips

Interview preparation tips for other job seekers - Strong hold on Ind AS and related work experience.
Interview experience
3
Average
Difficulty level
Moderate
Duration
Less than 2 weeks
Result
Not Selected

I applied via Referral and was interviewed in Mar 2023.

2 Interview Rounds

1

Resume Shortlist Round

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
2

Technical Round (2 Questions)

  • Q1. Caro 2020 and major differences between the earlier one and present one
  • Q2. Brief about Ind as 115
Interview experience
5
Excellent
Difficulty level
Moderate
Duration
-
Result
Not Selected

I applied via Referral

1 Interview Round

1

Technical Round (1 Question)

  • Q1. What is Internal audit? Difference between internal and statutory audit.
Interview experience
4
Good
Difficulty level
Moderate
Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed in Jan 2023.

2 Interview Rounds

1

Resume Shortlist Round

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
2

Technical Round (4 Questions)

  • Q1. Articleship Experience
  • Q2. Knowledge of SA 510 and 505,IND AS 115,116,19. Audit Procedure,Case scenario
  • Q3. Questions related to work Pressure,
  • Q4. Personal Questions related to Family Background, why this co.?

Interview Preparation Tips

Interview preparation tips for other job seekers - Before appearing you should be confident on the work experience written on resume because interviewers will ask most of the questions from your resume only .
Interview experience
4
Good
Difficulty level
Moderate
Duration
2-4 weeks
Result
No response

I applied via Referral and was interviewed in Jan 2024.

2 Interview Rounds

1

Technical Round (3 Questions)

  • Q1. Difference between CARO 2016 and CARO 2020
  • Q2. Changes in Schedule 3
  • Q3. Briefly explain IndAS 115
2

One-on-one Round (2 Questions)

  • Q1. Explain Audit Trail
  • Q2. How do you audit accounts recieveable
Interview experience
5
Excellent
Difficulty level
-
Duration
-
Result
-

I applied via Naukri.com and was interviewed in Mar 2024.

1 Interview Round

1

HR Round (2 Questions)

  • Q1. What is Materiality in context of Audit?
  • Q2. What is auditor's opinion?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be clear in whatever you communicate. Try to use technical terms in your answer as HR typically don't understand some technical concepts very well, they look for technical terms in your answers.

Statutory Auditor Interview Questions

Deloitte user image Rishu Choudhury

posted on 20 Jul 2024

Interview experience
5
Excellent
Difficulty level
-
Duration
-
Result
-

1 Interview Round

1

HR Round (2 Questions)

  • Q1. Tell me something about yourself
  • Q2. Why Deloitte? Why you statutory audit?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident

I applied via Referral and was interviewed in Feb 2022.

2 Interview Rounds

1

HR Round (1 Question)

  • Q1. Tell me about yourself.
2

Technical Round (2 Questions)

  • Q1. Audit Procedures, CARO 2020 vs 2016
  • Q2. Amendments in Sch-III

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and if you don't know the answer then directly tell them. Don't bluff.

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PwC Statutory Audit Salary
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₹6 L/yr - ₹12 L/yr
9% more than the average Statutory Audit Salary in India
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