Ryan Tax Associate 2 Interview Questions and Answers

posted on 10 Jun 2022

I was interviewed before Jun 2021.

Round 1 - Aptitude Test

Aptitude test comprises 3 section. Quant, accounting & English. Overall level of all the three sections were very basic. In Quant basic questions came from arithmetic portion, accounting we had journal entries, golden rules, all the tax related question like income slabs, five sources of income etc, ,in English questions were from grammar, tenses etc.

Round 2 - Technical

(1 Question)

Q1. From Basics of accounting and taxation

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Interview Preparation Tips

Topics to prepare for PwC Tax Associate interview:

Journal Entires
Golden rule
Five sources of income
CY income Slabs

Interview preparation tips for other job seekers - Be prepared with basics of accounting and taxation what you have read in your graduation, Whole test will be very basic no need to worry about difficulty level at all.

Tax Associate Interview Questions & Answers

Anonymous

posted on 2 Apr 2024

Interview experience

Good

Difficulty level

Moderate

Process Duration

Less than 2 weeks

Result

Not Selected

I applied via Campus Placement and was interviewed before Apr 2023. There were 3 interview rounds.

Round 1 - Aptitude Test

It was a simple aptitude test consisting of versent,reasoning and accounting questions.As long as you are good in english and accountancy this should be a piece of cake

Round 2 - Technical

(2 Questions)

Q1. What is depreciation?

Ans.

Depreciation is the allocation of the cost of a tangible asset over its useful life.

Depreciation is a non-cash expense that reduces the value of an asset over time.
It reflects the wear and tear, aging, or obsolescence of an asset.
Common methods of calculating depreciation include straight-line, double declining balance, and units of production.
Examples of depreciable assets include buildings, vehicles, machinery, and e

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Q2. Tell me about golden rules of accountancy

Ans.

Golden rules of accountancy are basic principles that guide the process of recording financial transactions.

There are three golden rules of accountancy: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit all expenses and losses, Credit all incomes and gains.
These rules help ensure that financial transactions are recorded accurately and consistently.
For example, when a company receive...

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Round 3 - HR

(3 Questions)

Q1. Mention something that is not in your resume

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Q2. Do you read newspapers?

Ans.

Yes, I read newspapers regularly to stay updated on current events and developments.

I read newspapers to stay informed about current events and developments in the tax field.
Reading newspapers helps me stay up-to-date on changes in tax laws and regulations.
I also read newspapers to understand the impact of current events on the economy and tax policies.

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Q3. Why should we hire you?

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Interview Preparation Tips

Topics to prepare for KPMG India Tax Associate interview:

Accounting

Interview preparation tips for other job seekers - Just be confident and honest.Speak clearly and with clarity.Prepare extensively about the company,accountancy(especially basic ones that is part of syllabus of first year) and most importantly about yourself(strengths/weaknesses and many more)
If you get nervous just imagine that the interviewer is a child who is curious about you.

Tax Associate Interview Questions & Answers

Anonymous

posted on 10 Dec 2022

I applied via Campus Placement and was interviewed in Jun 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist

Pro Tip by AmbitionBox:

Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.

Round 2 - Aptitude Test

English Grammar, basic general knowledge, numericals

Round 3 - HR

(2 Questions)

Q1. Basic introduction on yourself

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Q2. Tax laws new and old regime

Ans.

Tax laws new and old regime

The old tax regime has higher tax rates but more deductions and exemptions
The new tax regime has lower tax rates but fewer deductions and exemptions
Taxpayers can choose between the two regimes based on their preference
The new regime has a simplified tax structure and is easier to understand
Certain deductions like standard deduction and exemptions are not available in the new regime

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Interview Preparation Tips

Interview preparation tips for other job seekers - Basic knowledge about Indian Taxsation.
Self Introduction must be genuine questions can be expect from it.

Tax Associate Interview Questions & Answers

Anonymous

posted on 18 Dec 2022

Interview experience

Excellent

Difficulty level

Easy

Process Duration

Less than 2 weeks

Result

Selected

I applied via Campus Placement and was interviewed in Nov 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist

Pro Tip by AmbitionBox:

Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.

Round 2 - Aptitude Test

Not so hard, in fact very easy

Round 3 - HR

(2 Questions)

Q1. Where you see yourself in next 5 years?

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Q2. Introduce yourself. Why you want to do this job?

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Interview Preparation Tips

Interview preparation tips for other job seekers - Stay positive and dot let them know that you want this job badly, just act normal.

Tax Associate Interview Questions & Answers

Tejas A G

posted on 25 Sep 2024

Interview experience

Average

Difficulty level

Process Duration

Result

Round 1 - One-on-one

(2 Questions)

Q1. Tell me about yourself

Ans.

I am a detail-oriented Tax Associate with a strong background in accounting and tax law.

Graduated with a degree in Accounting
Completed internships at accounting firms
Experience preparing tax returns for individuals and businesses
Familiar with tax laws and regulations
Strong analytical and problem-solving skills

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Q2. Basic accounting questions

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Round 2 - HR

(1 Question)

Q1. General question

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Tax Associate Interview Questions & Answers

Anonymous

posted on 30 Apr 2024

Interview experience

Average

Difficulty level

Moderate

Process Duration

4-6 weeks

Result

No response

I applied via Naukri.com and was interviewed in Mar 2024. There were 2 interview rounds.

Round 1 - Aptitude Test

Test of 15 questions

Round 2 - Technical

(2 Questions)

Q1. Tell me about yourself

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Q2. Why did you left your last job

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Interview Preparation Tips

Interview preparation tips for other job seekers - Good prepared interview

Tax Associate Interview Questions & Answers

Anonymous

posted on 4 Jan 2023

Interview experience

Average

Difficulty level

Moderate

Process Duration

Less than 2 weeks

Result

Selected

I applied via Campus Placement and was interviewed before Jan 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist

Pro Tip by AmbitionBox:

Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.

Round 2 - HR

(2 Questions)

Q1. How is your work on the previous firm. How do you handle tough time.

Ans.

I handled my work at the previous firm with dedication and attention to detail. During tough times, I remain calm and focused.

I consistently met deadlines and produced accurate work at my previous firm.
I actively sought feedback from supervisors and colleagues to improve my performance.
During tough times, I prioritize tasks, break them down into manageable steps, and stay organized.
I maintain open communication with te...

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Q2. How do you manage work on tough time.

Ans.

I manage work on tough times by prioritizing tasks, seeking support from colleagues, and practicing self-care.

Prioritize tasks based on urgency and importance
Break down complex tasks into smaller, manageable steps
Seek support from colleagues or supervisors when needed
Practice self-care activities like exercise, meditation, or hobbies
Maintain a positive mindset and focus on problem-solving
Take breaks and manage time eff

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Interview Preparation Tips

Interview preparation tips for other job seekers - Work on introduction, work on soft skills. Work on consulting skills.

Tax Associate Interview Questions & Answers

Ankit Jena

posted on 25 Sep 2023

Interview experience

Good

Difficulty level

Process Duration

Result

I applied via Campus Placement

Round 1 - Resume Shortlist

Pro Tip by AmbitionBox:

Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.

Round 2 - Aptitude Test

Basics of mathematics

Round 3 - One-on-one

(2 Questions)

Q1. Golden rules of accounting

Ans.

Golden rules of accounting are basic principles that guide the process of recording financial transactions.

There are three golden rules of accounting: Debit what comes in, Credit what goes out, Debit the receiver, Credit the giver, Debit expenses and losses, Credit income and gains.
For example, when a company receives cash from a customer, the cash account is debited (increased) and the accounts receivable account is c...

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Q2. Du Pont Analysis

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Interview Preparation Tips

Interview preparation tips for other job seekers - Dont be nervous

Tax Associate Interview Questions & Answers