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RSM India
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I applied via Naukri.com and was interviewed in Feb 2023. There were 3 interview rounds.
I applied via Naukri.com and was interviewed in Jun 2021. There were 3 interview rounds.
I applied via Referral and was interviewed in Nov 2019. There were 5 interview rounds.
The five criteria to recognize revenue as per Ind AS 115 are identification of contract, identification of performance obligations, determination of transaction price, allocation of transaction price, and recognition of revenue when performance obligations are satisfied.
Identification of contract
Identification of performance obligations
Determination of transaction price
Allocation of transaction price
Recognition of reve
Audit revenue expense of rent by verifying lease agreements, rent invoices, and bank statements.
Verify lease agreements to ensure rent amount and terms are accurate
Check rent invoices for proper recording and classification
Reconcile rent payments with bank statements
Ensure rent expense is recognized in the correct period
Consider any related party transactions or potential conflicts of interest
Bank balance in financial statements can be audited by verifying bank statements, reconciling balances, and testing internal controls.
Verify bank statements to ensure accuracy of reported balance
Reconcile bank balance with general ledger balance
Test internal controls related to bank transactions
Confirm balances with the bank directly
Review any unusual transactions or discrepancies
Consider the risk of fraud or error in
I was interviewed in May 2021.
posted on 15 Oct 2023
I applied via Referral and was interviewed in Sep 2023. There were 4 interview rounds.
Logical test, English comprehension test, accounting test and excel test was conducted
Financials refer to the financial statements of a company that provide information about its financial performance.
Financials include the income statement, balance sheet, and cash flow statement.
They provide information about a company's revenue, expenses, assets, liabilities, and cash flow.
Financials are used by investors, analysts, and other stakeholders to evaluate a company's financial health and performance.
Exampl...
Cash can be verified through physical counts, bank reconciliations, and reviewing cash transactions.
Perform regular physical counts of cash on hand to ensure it matches the recorded amount.
Reconcile cash balances with bank statements to identify any discrepancies.
Review cash transactions for accuracy and proper documentation.
Verify cash receipts and disbursements against supporting documents such as invoices and receip
To verify accounts receivable, one must reconcile the accounts, confirm balances with customers, and review supporting documentation.
Reconcile accounts receivable ledger with general ledger to ensure accuracy
Confirm account balances with customers through statements or direct communication
Review supporting documentation such as invoices, purchase orders, and shipping records
Perform aging analysis to identify overdue ac...
I applied via Campus Placement and was interviewed before Feb 2023. There were 3 interview rounds.
1 hour of test with verbal and quants question not too difficult
Topics related to accounting/finance/business
I applied via Campus Placement and was interviewed before Jul 2023. There were 2 interview rounds.
English, accountancy, maths, basic aptitude
based on 1 interview
Interview experience
Assistant Manager
262
salaries
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Senior Officer
104
salaries
| ₹0 L/yr - ₹0 L/yr |
Manager
79
salaries
| ₹0 L/yr - ₹0 L/yr |
Audit Assistant
61
salaries
| ₹0 L/yr - ₹0 L/yr |
Senior Audit Officer
45
salaries
| ₹0 L/yr - ₹0 L/yr |
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