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S.A.Associates Interview Questions and Answers
S.A.Associates Interview Experiences
1 interview found
Anonymous
Selected
I applied via Referral and was interviewed in Jan 2023. There were 3 interview rounds.
Cognitive and technical assessment,coding, communication test, interview.
(4 Questions)
- Q1. Tell your self introduction
- Ans. Hi sir, Good morning, Myself gudditi Siva Sankar varaprasad, I have completed my graduation in dec 2021 and commenced my career in sa associates and co-charted accountants in Jan 2022 .an audit firm my work experience includes day to day Accounting of bank transactions and preparation of Financial Statements to various clients mainly for private Ltd companies. Iam from puttarthi district, dharmavaram. My father is a fa
- Q2. What is accounting cycle?
- Ans.
The accounting cycle is a series of steps that businesses take to record financial transactions and prepare financial statements.
The accounting cycle typically includes steps such as analyzing transactions, journalizing, posting to the general ledger, preparing a trial balance, adjusting entries, preparing financial statements, closing entries, and preparing a post-closing trial balance.
Each step in the accounting cycl...
- Q3. What is a accounting?
- Ans.
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.
Accounting involves recording financial transactions such as sales, purchases, and expenses.
It also includes summarizing these transactions into financial statements like balance sheets and income statements.
Analyzing financial data to provide insights for decision-making is another key aspect of accountin...
- Q4. What is a balance sheet of the financial statements?
- Ans.
A balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
It provides a snapshot of a company's financial position.
Assets are listed on the left side, while liabilities and equity are on the right side.
The balance sheet follows the accounting equation: Assets = Liabilities + Shareholders' Equity.
It helps investors and analysts assess the fi...
Interview Preparation Tips
- Self introduction
- Accounting cycle
- Gaaps
- IFRS
- Bank Reconciliation Statement
- Iq-eq
- Accounting
- Journal entries
- Tally
- Opened ended funds
- Close ended funds
- Mutual funds and hedge funds di
- TDS
Accountant Interview Questions asked at other Companies
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Two online tests - one related to math skills the other physiological
(2 Questions)
- Q1. Tell me about your self?
- Q2. How did you cope in a stressful situation
Selected
I applied via Company Website and was interviewed before Dec 2021. There were 3 interview rounds.
(1 Question)
- Q1. About your previous work
(2 Questions)
- Q1. How will you handle situations
- Q2. Risk of material misstatement procedure
- Ans.
Risk of material misstatement procedure is a process to identify and assess the risk of errors or fraud in financial statements.
The procedure involves understanding the entity and its environment, including internal controls.
It also includes assessing the risks of material misstatement due to fraud or error.
The auditor then designs and performs audit procedures to address the identified risks.
Examples of procedures inc...
Interview Preparation Tips
I applied via Campus Placement and was interviewed in Jan 2024. There were 2 interview rounds.
Can artifical intelligence replace humans
(3 Questions)
- Q1. Resume based interview
- Q2. What is your job role
- Q3. Hobbies and deep discussion about it
Interview Preparation Tips
Selected
I applied via Referral and was interviewed in Oct 2023. There were 2 interview rounds.
(1 Question)
- Q1. About myself and accounting entries and compliance
(1 Question)
- Q1. About balance sheet and goals
Interview Preparation Tips
I applied via LinkedIn and was interviewed in Aug 2021. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Explain the process carried on during any of your assignments. Technical questions about the subject. Team management
Interview Preparation Tips
(2 Questions)
- Q1. Questions on clm and payroll audit Plant and machinery audit
- Q2. Audit on inventory control Audit on finance accounting
(1 Question)
- Q1. Shshshsjdjdjdjdjdjddjdjdjjdjdjdkddk
Interview Preparation Tips
(1 Question)
- Q1. Why would you go for audit profir
Selected
I applied via Campus Placement and was interviewed before Jun 2023. There was 1 interview round.
(2 Questions)
- Q1. Experience in Audit field
- Ans.
I have 5 years of experience in the audit field, conducting financial audits for various clients.
Performed financial audits for clients in different industries
Analyzed financial statements and identified discrepancies
Prepared audit reports and communicated findings to clients
Collaborated with team members to ensure audit deadlines were met
- Q2. Why did you choose ca
Interview Preparation Tips
Selected
I applied via Naukri.com and was interviewed in Apr 2023. There were 2 interview rounds.
(2 Questions)
- Q1. Difference between trade discount and cash discounts.
- Ans.
Trade discount is given by the seller to the buyer at the time of purchase, while cash discount is given for prompt payment.
Trade discount is a reduction in the list price of the goods offered by the seller to the buyer.
Cash discount is a discount offered by the seller to the buyer for making prompt payment.
Trade discount is given at the time of purchase, while cash discount is given after the purchase is made.
Trade di...
- Q2. Tax questions on tp audit .
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