SDP & Associates (Office) Executive Interview Questions and Answers

Materiality is the concept used in auditing to determine the significance of an error or omission in financial statements.

• Materiality is a relative concept, meaning it depends on the size and nature of the entity being audited.

• It helps auditors decide which errors or omissions are significant enough to impact the decision-making of users of financial statements.

• Materiality is influenced by both quantitative factors (e....read more

Experienced audit executive with a strong background in financial analysis and risk management.

• Over 10 years of experience in auditing and financial analysis

• Skilled in risk management and compliance

• Led successful audits for Fortune 500 companies

• Strong communication and leadership skills

• Certified Public Accountant (CPA)

I am an experienced Audit Executive with a strong background in financial analysis and risk management.

• Over 10 years of experience in auditing and financial analysis

• Led audit teams in conducting risk assessments and implementing internal controls

• Developed and implemented audit plans to ensure compliance with regulatory requirements

• Managed relationships with clients and stakeholders to address audit findings and provide

My best 3 observations are attention to detail, strong analytical skills, and effective communication.

• Attention to detail: I have a keen eye for spotting errors and inconsistencies in financial records.

• Strong analytical skills: I am able to analyze complex data and identify trends or anomalies.

• Effective communication: I can clearly communicate audit findings and recommendations to stakeholders.

I have 5 years of experience in KYC processes in the banking industry.

• 5 years of experience in KYC processes

• Proficient in conducting customer due diligence

• Knowledge of regulatory requirements related to KYC

• Experience in identifying and mitigating risks associated with KYC

• Implemented KYC procedures to ensure compliance

I have 10 years of total working experience in the field of audit.

• 10 years of working experience in audit

• Experience includes roles such as Audit Manager and Senior Auditor

• Extensive experience in conducting financial audits and risk assessments