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RSM US in India
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Audit process involves planning, testing, evaluating, reporting, and follow-up.
Planning: Determine scope, objectives, and resources.
Testing: Gather evidence, perform procedures, and analyze findings.
Evaluating: Assess compliance, effectiveness, and efficiency.
Reporting: Communicate results, conclusions, and recommendations.
Follow-up: Monitor implementation of recommendations and improvements.
I applied via Approached by Company and was interviewed in Oct 2023. There were 4 interview rounds.
The expectations of the role include leading software development projects, mentoring junior engineers, and collaborating with cross-functional teams.
Lead software development projects from conception to delivery
Mentor junior engineers and provide guidance on best practices
Collaborate with cross-functional teams to ensure project success
I applied via Campus Placement and was interviewed in Jan 2024. There were 3 interview rounds.
1 hour aptitude test
Topic was work from home or work from office
I applied via Recruitment Consulltant and was interviewed in Sep 2023. There were 3 interview rounds.
RSM US in India interview questions for popular designations
Medium to hard difficultly
Get interview-ready with Top RSM US in India Interview Questions
I applied via Approached by Company and was interviewed in Sep 2023. There were 2 interview rounds.
Schedules in form 1120 are additional forms used to report specific types of income, deductions, and credits for corporations.
Schedule A - Cost of Goods Sold
Schedule D - Capital Gains and Losses
Schedule J - Accumulated Earnings and Profits
Schedule K - Shareholders' Information
Schedule M-1 - Reconciliation of Income (Loss) per Books With Income per Return
The most common M adjustments in accounting are related to depreciation, amortization, and accruals.
Depreciation: Adjusting the value of fixed assets over time to reflect their decrease in value.
Amortization: Spreading the cost of intangible assets over their useful life.
Accruals: Recognizing revenues and expenses when they are incurred, regardless of when cash is exchanged.
Prepaid expenses: Allocating expenses that ha...
I applied via Walk-in and was interviewed in Sep 2023. There were 3 interview rounds.
Knowledge test of accounting and finance
I applied via Referral and was interviewed in Sep 2022. There were 2 interview rounds.
To handle a difference of opinion between two employees, I would encourage open communication, facilitate a discussion to understand both perspectives, and work towards finding a mutually agreeable solution.
Encourage open communication and active listening
Facilitate a discussion to understand both perspectives
Encourage empathy and respect for each other's opinions
Identify common ground and areas of compromise
Work towar...
In the past 2-3 days, I have positively impacted my life by practicing mindfulness and self-care.
Engaged in daily meditation to reduce stress and improve focus
Took time for self-reflection and journaling to enhance personal growth
Prioritized physical exercise to boost energy and overall well-being
Risk refers to the potential for loss or harm, while relevant controls are measures taken to mitigate or prevent those risks.
Risk is the possibility of an event occurring that could negatively impact an organization or individual.
Controls are measures put in place to reduce the likelihood or impact of a risk.
Examples of controls include insurance policies, security protocols, and safety procedures.
Risk assessment is th...
I applied via Campus Placement and was interviewed before Aug 2023. There were 3 interview rounds.
They have given a pre processed financial statements which needs to be filled using various given particulars, Email writing was also part of the test.
They have given a Particular topic and divided the teams into 6 and expected us to share our opinion on that
Audit is a systematic examination of an organization's financial records, transactions, and processes to ensure accuracy and compliance with regulations.
Audit involves reviewing financial statements, transactions, and internal controls.
It helps identify errors, fraud, and areas for improvement in the organization.
Auditors provide an independent opinion on the fairness of the financial statements.
Types of audits include...
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
Golden rule of accounting states that Debit what comes in and Credit what goes out.
It helps in maintaining the balance in the accounting equation.
For example, when cash is received, it is debited because it comes into the business.
Similarly, when cash is paid out, it is credited because it goes out of the business
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The duration of RSM US in India interview process can vary, but typically it takes about less than 2 weeks to complete.
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Hyderabad / Secunderabad,
Gurgaon / Gurugram
+10-2 Yrs
Not Disclosed
Senior Associate
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Associate
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Supervisor
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Senior Associate 2
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Manager
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