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Sharp & Tannan Associates Audit Senior Interview Questions and Answers

Updated 6 Dec 2024

Sharp & Tannan Associates Audit Senior Interview Experiences

2 interviews found

Audit Senior Interview Questions & Answers

user image Anonymous

posted on 6 Dec 2024

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed in Jun 2024. There were 4 interview rounds.

Round 1 - HR 

(1 Question)

  • Q1. Tell me about yourself?
Round 2 - One-on-one 

(2 Questions)

  • Q1. About internal audit and its applicability
  • Q2. What makes you to choose Internal Audit
Round 3 - Technical 

(1 Question)

  • Q1. O2C,PTP process, department involved in the processes
Round 4 - HR 

(1 Question)

  • Q1. Gave details about company and policies.

Audit Senior Interview Questions & Answers

user image Anonymous

posted on 20 May 2024

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed before May 2023.

Round 1 - HR 

(1 Question)

  • Q1. General questions based on cv
Round 2 - Technical 

(2 Questions)

  • Q1. Technical questions based on experience
  • Q2. Based on work performedearlier

Audit Senior Interview Questions Asked at Other Companies

Q1. Debtor O/s from 3 years. How will you deal with it in audit repor ... read more
Q2. What are the steps you follow while auditing Sundry Creditors?
Q3. Risk Based audit approach, 5 steps of revenue recognition
asked in Deloitte
Q4. Explain the five step model of revenue recognition
Q5. Types of Leases as per Ind AS 116

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

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

Round 1 - HR 

(6 Questions)

  • Q1. Tell me about yourself
  • Q2. Why this role attracts you
  • Q3. What are your hobbies
  • Q4. What are your goals
  • Q5. What is your educational background
  • Ans. 

    I have a Bachelor's degree in Accounting and Finance from XYZ University.

    • Bachelor's degree in Accounting and Finance

    • Graduated from XYZ University

    • Completed relevant coursework in auditing

  • Answered by AI
  • Q6. What was your previous role
  • Ans. 

    I was a Financial Analyst at a Fortune 500 company

    • Prepared financial reports and analysis for management

    • Assisted in budgeting and forecasting processes

    • Conducted variance analysis to identify trends and areas for improvement

  • Answered by AI
Round 2 - Technical 

(6 Questions)

  • Q1. What is Auditing
  • Ans. 

    Auditing is the process of examining and evaluating financial information to ensure accuracy and compliance with regulations.

    • Auditing involves reviewing financial statements, transactions, and internal controls.

    • Auditors assess the risk of material misstatement in financial reporting.

    • They gather evidence to support their findings and issue an opinion on the financial statements.

    • Auditing helps stakeholders make informed ...

  • Answered by AI
  • Q2. What is the formula of VLOOKUP
  • Ans. 

    VLOOKUP is a function in Excel used to search for a value in a table and return a corresponding value.

    • VLOOKUP stands for 'Vertical Lookup'

    • The formula syntax is =VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup])

    • Example: =VLOOKUP(A2, B2:D10, 3, FALSE) - this will search for the value in cell A2 in the range B2:D10 and return the value in the 3rd column

    • The range_lookup parameter can be either TRUE (approxi

  • Answered by AI
  • Q3. Name the three accounting standards
  • Ans. 

    The three accounting standards are GAAP, IFRS, and GASB.

    • GAAP (Generally Accepted Accounting Principles) is used in the United States

    • IFRS (International Financial Reporting Standards) is used globally in many countries

    • GASB (Governmental Accounting Standards Board) is used for government entities

  • Answered by AI
  • Q4. What is inventory management
  • Ans. 

    Inventory management involves overseeing the flow of goods from manufacturers to warehouses to retailers, ensuring optimal levels are maintained.

    • Inventory management involves tracking and controlling the flow of goods from suppliers to warehouses to customers.

    • It includes forecasting demand, setting reorder points, and managing stock levels to prevent stockouts or overstocking.

    • Efficient inventory management can help red...

  • Answered by AI
  • Q5. What is store ledger
  • Ans. 

    Store ledger is a record of all transactions related to inventory in a store.

    • Store ledger tracks the movement of goods in and out of the store.

    • It helps in maintaining accurate inventory levels and preventing stockouts.

    • The ledger includes details such as item description, quantity, date of transaction, and cost.

    • Regularly updating the store ledger is essential for effective inventory management.

    • Example: A store ledger ma...

  • Answered by AI
  • Q6. Do you have any questions for us

Interview Preparation Tips

Interview preparation tips for other job seekers - Be courageous, don't be afraid of anything and make sure be prepared.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed in Aug 2024.

Round 1 - HR 

(2 Questions)

  • Q1. Tell me about your self and previous experience.
  • Q2. What is your best 3 observation?
Round 2 - Technical 

(2 Questions)

  • Q1. How many experience in KYC?
  • Q2. How many years total Woking experience???

Interview Preparation Tips

Interview preparation tips for other job seekers - Good firm and there is a good learning opportunity.
Interview experience
3
Average
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed before Feb 2024.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Why do u want to join Internal audit
  • Q2. What do u expect from NBFC firm audit

Interview Preparation Tips

Interview preparation tips for other job seekers - If you love to seek knowledge let that be the ans to why u want to do this job and I'll get u pass the interview smoothly.
Interview experience
1
Bad
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Easy. It was related to finance and other professional areas.

Interview Preparation Tips

Interview preparation tips for other job seekers - They call you for a position but then change it when you reach there and offer salary which is too low and try to portray themselves as some prestigious company that you should be dying to work in
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Tests managerial skills
Round 2 - HR 

(1 Question)

  • Q1. General Questions
Interview experience
1
Bad
Difficulty level
-
Process Duration
-
Result
-
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 tips
Round 2 - Technical 

(2 Questions)

  • Q1. What is caro reporting requirments.
  • Ans. 

    CARO reporting requirements refer to the reporting standards specified by the Companies (Auditor's Report) Order.

    • CARO reporting requirements are specified by the Companies (Auditor's Report) Order, 2016.

    • These requirements mandate specific disclosures to be made by auditors in their report on the financial statements of companies.

    • Some of the key areas covered by CARO reporting include fixed assets, inventory, loans gran...

  • Answered by AI
  • Q2. Ind As 116 etc

Interview Preparation Tips

Interview preparation tips for other job seekers - Firm is good but if you go in firm then dont join in team under partner Mr. Deepak Aggarwal. Worst behaviour with personal comments , this is general nature of Mr. Deepak Aggarwal.
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Recruitment Consulltant and was interviewed before Aug 2023. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me About yourself
  • Ans. 

    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)

  • Answered by AI
  • Q2. Inventory valuation

I applied via Naukri.com and was interviewed in May 2021. There were 5 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Overview of audit
  • Q2. Accounting journal entries, basic accounting knowledge

Interview Preparation Tips

Interview preparation tips for other job seekers - Keep your basics clear and just go for it. It moderate level interview.

Sharp & Tannan Associates Interview FAQs

How many rounds are there in Sharp & Tannan Associates Audit Senior interview?
Sharp & Tannan Associates interview process usually has 3 rounds. The most common rounds in the Sharp & Tannan Associates interview process are HR, Technical and One-on-one Round.
What are the top questions asked in Sharp & Tannan Associates Audit Senior interview?

Some of the top questions asked at the Sharp & Tannan Associates Audit Senior interview -

  1. O2C,PTP process, department involved in the proces...read more
  2. what makes you to choose Internal Au...read more
  3. About internal audit and its applicabil...read more

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Sharp & Tannan Associates Audit Senior Interview Process

based on 2 interviews

Interview experience

5
  
Excellent
View more

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Sharp & Tannan Associates Audit Senior Salary
based on 60 salaries
₹4 L/yr - ₹11 L/yr
51% less than the average Audit Senior Salary in India
View more details

Sharp & Tannan Associates Audit Senior Reviews and Ratings

based on 13 reviews

3.1/5

Rating in categories

3.4

Skill development

3.5

Work-life balance

3.2

Salary

4.5

Job security

3.2

Company culture

2.9

Promotions

3.0

Work satisfaction

Explore 13 Reviews and Ratings
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