Sharp & Tannan Associates Auditor Interview Questions and Answers

Q1. Purchase checklist in manufacturing entities
Ans. 
A purchase checklist in manufacturing entities ensures all necessary items are acquired for production.
• Identify required raw materials and components

• Check inventory levels to avoid overstock or stockouts

• Verify supplier credentials and negotiate prices

• Ensure timely delivery schedules are met

• Monitor quality of purchased items
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Q1. Tell me about yourself
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Q2. Share experience
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Q3. Salary expectation
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Q4. Work location is fine to you?
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Q1. Best audit remarks discovered till date
Ans. 
One of the best audit remarks discovered was related to identifying a significant financial discrepancy in the company's revenue recognition process.
• Identifying a significant financial discrepancy in revenue recognition process

• Highlighting potential risks in the company's financial reporting

• Providing recommendations for improving internal controls
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Q2. Why want to join in audit
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Q3. Types of audit done
Ans. 
Types of audit include financial audit, operational audit, compliance audit, and forensic audit.
• Financial audit: examines financial statements to ensure accuracy and compliance with laws and regulations

• Operational audit: evaluates the efficiency and effectiveness of operations within an organization

• Compliance audit: verifies adherence to laws, regulations, and internal policies

• Forensic audit: investigates potential fra
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Q4. Fine with job Location
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Q1. Fine with job location
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Q2. Excel expertise
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Q1. Audit on bank and NBFC
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Good, based on accounting and taxation

Q1. Indian basic taxation
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Acconting Related Question such as Purchase entries, Sales Entries, Basic Accounting

Aptitude Questions, Numerical Ability Questions, Non-Verble reasoning Questions

Q1. HR Round- Myself, Company Overview, Asking about challenges in current job
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Q1. Techical Round- Myself, Journal Entries, how to prepare financials
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Q1. Current Job Role, Accounting Questions , Streanth, Challanges in current job
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