R R Chokhani Stock Brokers Interview Questions and Answers

Finalization of balance sheet involves computation of all taxes, payments, TDS, GST filing, etc.

• Finalization of balance sheet is the process of preparing the final version of the balance sheet after adjusting all the accounts.

• It involves computing all taxes, payments, TDS, GST filing, etc.

• The process ensures that all accounts are accurate and up-to-date.

• It is important for businesses to finalize their balance sheets to...read more

To handle auditing, I would ensure compliance with regulations, maintain accurate records, and conduct regular internal audits.

• Ensure compliance with relevant regulations and standards

• Maintain accurate and up-to-date financial records

• Conduct regular internal audits to identify and address any issues

• Collaborate with external auditors to ensure a smooth audit process

• Implement and maintain effective internal controls to p...read more