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RSM India
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IFRS 15 is a revenue recognition standard that outlines principles for recognizing revenue from contracts with customers.
IFRS 15 provides a single, comprehensive framework for revenue recognition
It requires entities to identify performance obligations in a contract and allocate the transaction price to each obligation
The standard also includes guidance on when to recognize revenue over time or at a point in time
IFRS 15...
IFRS 16 is a new accounting standard for leases that requires lessees to recognize assets and liabilities for all leases.
IFRS 16 replaces the previous standard IAS 17 for lease accounting
Under IFRS 16, lessees must recognize a right-of-use asset and a lease liability on their balance sheet for all leases, except for short-term leases and low-value assets
The standard aims to provide more transparency and comparability i...
I applied via Walk-in and was interviewed in May 2024. There were 3 interview rounds.
Basic Accounting rectification entries, Basic Code based reasoning, and directional questions
posted on 3 Aug 2024
DCF valuation method is a financial valuation technique used to estimate the value of an investment based on its future cash flows.
Discounted Cash Flow (DCF) valuation method involves estimating the future cash flows of an investment and discounting them back to their present value.
It takes into account the time value of money, as cash received in the future is worth less than cash received today.
The formula for DCF va...
I have extensive deal experience in negotiating contracts, managing due diligence processes, and closing transactions.
Negotiated and closed multiple contracts with vendors and clients
Managed due diligence processes for mergers and acquisitions
Closed several high-value transactions in the past year
posted on 14 Feb 2024
I applied via Referral and was interviewed in Jan 2024. There were 3 interview rounds.
Stat audit is important for ensuring accuracy, compliance, and transparency in financial statements.
Stat audit helps in verifying the accuracy of financial statements and ensuring that they are free from material misstatements.
It provides assurance to stakeholders that the financial information presented is reliable and trustworthy.
Stat audit helps in detecting and preventing fraud, errors, and irregularities in financ...
Materiality refers to the significance or importance of an item or event in relation to financial statements.
Materiality is a concept used in auditing and accounting to determine the relevance of information.
It involves assessing the impact of an item or event on the financial statements and whether it would influence the decisions of users.
Materiality is subjective and depends on the nature and size of the entity bein...
I applied via Referral and was interviewed in Jan 2024. There was 1 interview round.
Performing analytics review of a financial statement involves analyzing key financial ratios, trends, and variances to assess the financial health of a company.
Start by calculating key financial ratios such as liquidity, profitability, and solvency ratios.
Compare the current financial statement with previous periods to identify trends and changes.
Analyze variances between actual and budgeted figures to understand the r...
Identifying opportunities for automation in audit engagements involves analyzing repetitive tasks, manual processes, and areas with high risk of errors.
Analyze the audit process to identify repetitive tasks that can be automated, such as data entry or report generation
Look for manual processes that are time-consuming and prone to errors, such as reconciliations or data validation
Identify areas with high risk of errors,...
I applied via LinkedIn and was interviewed in May 2024. There was 1 interview round.
I am a dedicated and hardworking individual with a passion for learning and growth.
Graduate in Accounting from XYZ University
Completed internship at ABC Accounting Firm
Proficient in MS Excel and QuickBooks
Strong analytical and problem-solving skills
Excellent communication and teamwork abilities
I applied via Company Website and was interviewed in Oct 2023. There were 2 interview rounds.
Is Cryptocurrency a future?
based on 1 interview
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Assistant Manager
261
salaries
| ₹4.4 L/yr - ₹13.5 L/yr |
Senior Officer
104
salaries
| ₹3.2 L/yr - ₹7.5 L/yr |
Manager
79
salaries
| ₹8 L/yr - ₹29.6 L/yr |
Audit Assistant
61
salaries
| ₹1.4 L/yr - ₹4.9 L/yr |
Senior Audit Officer
45
salaries
| ₹3 L/yr - ₹7.5 L/yr |
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