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Sand Martin Consultants Auditor Interview Questions and Answers

Updated 10 Sep 2024

Sand Martin Consultants Auditor Interview Experiences

1 interview found

Auditor Interview Questions & Answers

user image Anonymous

posted on 10 Sep 2024

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
-

I applied via Approached by Company and was interviewed in Aug 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. What are the audit Assertion?
  • Ans. 

    Audit assertions are the claims made by management regarding the financial statements being audited.

    • Existence - assets and liabilities exist at a given date

    • Completeness - all transactions and accounts are recorded

    • Accuracy - amounts and other data are accurate

    • Valuation - assets, liabilities, and equity are valued correctly

    • Rights and obligations - entity has legal rights to assets and liabilities are obligations

    • Presentat...

  • Answered by AI
  • Q2. How will you audit revenue
  • Ans. 

    I will audit revenue by examining financial records, conducting interviews, testing transactions, and analyzing revenue recognition policies.

    • Reviewing financial records such as sales invoices, receipts, and bank statements

    • Conducting interviews with key personnel involved in the revenue generation process

    • Testing transactions to ensure accuracy and completeness

    • Analyzing revenue recognition policies to ensure compliance w...

  • Answered by AI

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Assignment 

Two online tests - one related to math skills the other physiological

Round 2 - CV, Cover Letter 

(2 Questions)

  • Q1. Tell me about your self?
  • Q2. How did you cope in a stressful situation
Interview experience
3
Average
Difficulty level
Hard
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Feb 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. Explain p2p process
  • Ans. 

    P2P process stands for procure-to-pay process, which involves the steps from requisition to payment for goods or services.

    • Requisition: Requesting the purchase of goods or services

    • Purchase Order: Formal document outlining the details of the purchase

    • Receipt of Goods/Services: Confirming delivery and quality

    • Invoice Processing: Verifying the invoice against the purchase order and receipt

    • Payment: Issuing payment to the vend

  • Answered by AI
  • Q2. Sap related questions

Associate Interview Questions & Answers

BDO user image Anonymous

posted on 21 May 2021

Interview Questionnaire 

1 Question

  • Q1. Accounting standards, IFRS, BDO audit methodology

Associate Interview Questions & Answers

BDO user image Anonymous

posted on 30 Apr 2024

Interview experience
2
Poor
Difficulty level
Easy
Process Duration
4-6 weeks
Result
No response

I applied via Referral and was interviewed in Oct 2023. There was 1 interview round.

Round 1 - Technical 

(1 Question)

  • Q1. Audit & Standards related question

Associate Interview Questions & Answers

BDO user image Anonymous

posted on 16 Oct 2024

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Sep 2024. There was 1 interview round.

Round 1 - Technical 

(3 Questions)

  • Q1. IND AS transition
  • Q2. Leases , disclosure requirement
  • Q3. Financial reporting disclosures

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare IND AS 101
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Jan 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. Explain about ASC 842
  • Q2. Explain ASC 606 five steps

I applied via Job Fair and was interviewed before May 2021. There were 2 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.
View all Resume tips
Round 2 - Case Study 

Accounting Standard

Interview Preparation Tips

Interview preparation tips for other job seekers - Make ample preparation. Read thoroughly the job description and role before applying.

Associate Interview Questions & Answers

BDO user image Anonymous

posted on 19 Sep 2022

I applied via Referral and was interviewed in Aug 2022. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. What is your strength? Why should we hire you?

Interview Preparation Tips

Topics to prepare for BDO Associate interview:
  • Excel
Interview preparation tips for other job seekers - Basic questions will be asked in Technical round.

Associate Interview Questions & Answers

BDO user image ANIKANT ANIL KAMBLE

posted on 1 Nov 2022

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.
View all Resume tips
Round 2 - HR 

(1 Question)

  • Q1. Basic things about location and salary
Round 3 - Technical 

(4 Questions)

  • Q1. What is wtd avg cost of capital
  • Ans. 

    Wtd avg cost of capital is the average cost of all the capital sources a company uses, weighted by their proportion in the company's capital structure.

    • WACC is used to determine the minimum rate of return a company must earn on its investments to satisfy its investors.

    • It takes into account the cost of debt, cost of equity, and the proportion of each in the company's capital structure.

    • For example, if a company has 60% of...

  • Answered by AI
  • Q2. What is leveraged buyout
  • Ans. 

    Leveraged buyout is a financial transaction where a company is acquired using a significant amount of borrowed money.

    • LBO involves using debt to finance the acquisition of a company

    • The acquired company's assets are often used as collateral for the borrowed funds

    • The goal is to use the acquired company's cash flow to pay off the debt over time

    • LBOs are often used by private equity firms to acquire companies

    • Famous examples ...

  • Answered by AI
  • Q3. What is liquidity ratio
  • Ans. 

    Liquidity ratio is a financial metric that measures a company's ability to pay off its short-term debts.

    • It is calculated by dividing a company's current assets by its current liabilities.

    • A higher liquidity ratio indicates that a company is more capable of paying off its debts.

    • Common liquidity ratios include the current ratio and the quick ratio.

    • Liquidity ratios are important for investors and creditors to assess a comp

  • Answered by AI
  • Q4. What is debt service coverage ratio
  • Ans. 

    Debt service coverage ratio is a financial metric used to measure a company's ability to pay its debts.

    • It is calculated by dividing a company's net operating income by its total debt service.

    • A ratio of 1 or higher indicates that a company is generating enough income to cover its debt payments.

    • Lenders often use this ratio to assess a borrower's creditworthiness before approving a loan.

    • For example, if a company has a net...

  • Answered by AI
Round 4 - Behavioral 

(2 Questions)

  • Q1. What is internal rate of return
  • Ans. 

    Internal rate of return is the rate at which an investment's net present value is zero.

    • It is a metric used to evaluate the profitability of an investment.

    • It takes into account the time value of money and considers all cash flows associated with an investment.

    • The higher the IRR, the more profitable the investment.

    • IRR is used to compare different investment opportunities with varying cash flows and time horizons.

    • For exam...

  • Answered by AI
  • Q2. Salary negotioation happened afterwards

Interview Preparation Tips

Interview preparation tips for other job seekers - For entering into finance role, basics must be strong along with all current business affairs all around the world. They can ask you technical questions directly on the basis of current affairs
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Sand Martin Consultants Interview FAQs

How many rounds are there in Sand Martin Consultants Auditor interview?
Sand Martin Consultants interview process usually has 1 rounds. The most common rounds in the Sand Martin Consultants interview process are Technical.
How to prepare for Sand Martin Consultants Auditor interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Sand Martin Consultants. The most common topics and skills that interviewers at Sand Martin Consultants expect are Human Capital Management.
What are the top questions asked in Sand Martin Consultants Auditor interview?

Some of the top questions asked at the Sand Martin Consultants Auditor interview -

  1. What are the audit Asserti...read more
  2. How will you audit reve...read more

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Sand Martin Consultants Auditor Interview Process

based on 1 interview

Interview experience

3
  
Average
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