RSM India Associate Engineer Interview Questions and Answers

Networking

General topic

Q1. What is sql and basic commands of sql
Ans. 
SQL is a programming language used to manage and manipulate relational databases.
• Basic commands include SELECT, INSERT, UPDATE, DELETE, CREATE, and DROP.

• SELECT is used to retrieve data from a database.

• INSERT is used to add new data to a database.

• UPDATE is used to modify existing data in a database.

• DELETE is used to remove data from a database.

• CREATE is used to create a new database or table.

• DROP is used to delete a dat
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Q1. More like a HR round and also asked programming questions and project
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Q1. What is your family background?
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Q2. Where do you see yourself in 5 years?
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Q3. What are your strengths and weaknesses?
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Q4. Tell me about yourself.
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Q1. IND AS transition
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Q2. How to handle complex accounting
Ans. 
Best practices for handling complex accounting situations involve thorough research, clear communication, and attention to detail.
• Thoroughly research accounting standards and regulations related to the situation

• Communicate with relevant stakeholders to gather necessary information and ensure understanding

• Document all steps taken and decisions made to maintain a clear audit trail

• Seek guidance from experts or consultants...read more
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Q3. Team work and management
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Q1. How would you identify a Finance Lease? (5 pointers)
Ans. 
A finance lease is a type of lease where the lessee has substantially all the risks and rewards of ownership.
• The lease term is for the major part of the economic life of the asset

• The present value of the minimum lease payments is equal to or more than the fair value of the asset

• The asset is expected to be used by the lessee for the major part of its economic life

• The lease agreement includes an option to purchase the as...read more
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Q2. How would you recognise revenue of Bundled services?
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Recognizing revenue of bundled services involves allocating the total revenue to each service based on their standalone selling prices.
• Identify the standalone selling prices of each service included in the bundle.

• Allocate the total revenue based on the relative fair value of each service.

• Recognize revenue for each service as it is delivered or as the customer consumes the service.

• Ensure that the revenue recognition com...read more
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Q1. Question from ESG framework
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Maths accountancy excel test

Q1. Basic accounting questions
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Q2. Formula of cogs
Ans. 
COGS stands for Cost of Goods Sold, and the formula to calculate it is Opening Inventory + Purchases - Closing Inventory.
• COGS = Opening Inventory + Purchases - Closing Inventory

• Opening Inventory: The value of inventory at the beginning of the accounting period

• Purchases: The cost of inventory purchased during the accounting period

• Closing Inventory: The value of inventory at the end of the accounting period

• Example: Openi...read more
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Q3. Bank reconciliation
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Q4. Trial balance related
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Q5. Accounting entries
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Q1. Why you want to join
Ans. 
I am passionate about the industry and believe I can contribute positively to the team.
• Passionate about the industry and eager to learn and grow

• Believe my skills and experience align well with the company's goals

• Excited about the opportunity to work with a talented team and make a meaningful impact
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Q2. How you would be beneficial
Ans. 
I would be beneficial by bringing a strong work ethic, excellent communication skills, and a proven track record of success.
• Strong work ethic - consistently meeting deadlines and exceeding expectations

• Excellent communication skills - ability to effectively communicate with team members and clients

• Proven track record of success - previous achievements and positive feedback from supervisors
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Q1. IFC requirements
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Q1. What extra activity did you play besides your daily job responsibilities?
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