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Shridhar And Associates Audit Assistant Interview Questions, Process, and Tips

Updated 26 Aug 2023

Shridhar And Associates Audit Assistant Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before Aug 2022. 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 tips
Round 2 - One-on-one 

(4 Questions)

  • Q1. What are 3 Golden rules
  • Ans. 

    The 3 Golden rules of accounting are principles that guide the preparation of financial statements.

    • 1. Revenue Recognition: Recognize revenue when it is earned, not when cash is received. Example: A company sells goods on credit, revenue is recognized at the time of sale.

    • 2. Matching Principle: Match expenses with revenues in the period they are incurred. Example: If a company incurs expenses to produce goods, those expe...

  • Answered by AI
  • Q2. What are the Types of gst
  • Ans. 

    Types of GST include CGST, SGST, IGST, and UTGST.

    • Central Goods and Services Tax (CGST) - levied by the central government on intra-state supplies

    • State Goods and Services Tax (SGST) - levied by the state government on intra-state supplies

    • Integrated Goods and Services Tax (IGST) - levied by the central government on inter-state supplies

    • Union Territory Goods and Services Tax (UTGST) - levied by the union territories on in

  • Answered by AI
  • Q3. What is the rate of income tax
  • Ans. 

    The rate of income tax varies depending on the individual's income level and tax laws of the country.

    • Income tax rates are typically progressive, meaning higher income levels are taxed at higher rates.

    • Tax rates can also vary based on filing status (single, married, etc.) and deductions/credits claimed.

    • For example, in the United States, income tax rates range from 10% to 37% for individuals in 2021.

  • Answered by AI
  • Q4. What is the rate of gst
  • Ans. 

    The rate of GST varies depending on the type of goods or services being taxed.

    • GST rates are categorized into different slabs - 5%, 12%, 18%, and 28%.

    • Some items are exempt from GST, while others may have a special rate like 0.25% or 3%.

    • For example, essential items like food grains are taxed at 0%, while luxury items like cars may be taxed at 28%.

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Shridhar And Associates Audit Assistant interview:
  • Accounting
  • Balance Sheet
  • Excel

Interview questions from similar companies

I applied via Referral and was interviewed before Dec 2020. There were 5 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Technical questions on GST

Interview Preparation Tips

Interview preparation tips for other job seekers - Technical rounds have detailed questions depending on designation. Should be updated on recent developments.

I applied via Naukri.com and was interviewed before Jun 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 tips
Round 2 - Technical 

(1 Question)

  • Q1. Wherw do you see yourself in next 5 years

Interview Preparation Tips

Interview preparation tips for other job seekers - Be well prepared and focus on technicals more

I applied via Recruitment Consultant and was interviewed before Jul 2020. There were 4 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. What was your expectation from this new role?
  • Q2. Can you elaborate on your past experiences?
  • Q3. What do you want to work with EY GDS?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be as authentic as you can be when you go in for the interview. Do your homework and prepare your own questions - most interviewers at EY are sharp and ask very pertinent questions.

Interview Questionnaire 

1 Question

  • Q1. Introduction

I applied via Referral and was interviewed before Dec 2019. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Defeerred Expense & revenue

Interview Preparation Tips

Interview preparation tips for other job seekers - Keep it brief & relatable to your experience.

I applied via Recruitment Consultant and was interviewed before Apr 2020. There were 6 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. What was my experience in stakeholder management? Am I comfortable in pushing stakeholders back and standing my ground.
  • Ans. 

    Yes

    • I have extensive experience in stakeholder management throughout my career.

    • I am comfortable in pushing back stakeholders when necessary and standing my ground.

    • I prioritize open and effective communication with stakeholders to ensure their needs are met.

    • I have successfully managed stakeholders in various projects, including one where conflicting interests needed to be resolved.

    • I believe in building strong relationshi...

  • Answered by AI
  • Q2. How do I perform and manage under pressure?
  • Ans. 

    I perform and manage under pressure by staying calm, prioritizing tasks, seeking support, and maintaining focus.

    • Stay calm and composed to think clearly and make rational decisions

    • Prioritize tasks based on urgency and importance

    • Seek support from colleagues or supervisors when needed

    • Maintain focus by setting goals and breaking them down into manageable steps

    • Example: In my previous role, during a high-pressure project dea...

  • Answered by AI
  • Q3. Best examples of managing campaigns and negotiating between stakeholders.
  • Ans. 

    Successfully managed campaigns and negotiated between stakeholders for various projects.

    • Developed and executed a social media campaign for a non-profit organization, resulting in a 30% increase in donations.

    • Negotiated with vendors to reduce costs by 15% for a company's annual conference.

    • Managed a political campaign, coordinating with volunteers and stakeholders to ensure a successful election.

    • Collaborated with cross-fu...

  • Answered by AI
  • Q4. What am I looking for in my new role and how do I want to grow in it?
  • Ans. 

    I am looking for a challenging role where I can contribute my expertise and continue to grow professionally.

    • Opportunity to work on complex projects

    • Ability to lead and mentor junior team members

    • Continued learning and professional development

    • Opportunities for advancement and career growth

    • Collaborative and supportive work environment

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare your interview as per your resume. Prepare well and be ready to explain things in details. Also, there will be 2-3 rounds of interview on average and it may go up to 3-4 depending on role and seniority

I appeared for an interview in Apr 2021.

Interview Questionnaire 

1 Question

  • Q1. All about dcf, they asked

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare from CFA level 2 equity book, also

I applied via Referral and was interviewed before May 2020. There were 5 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. Concepts related to Financial Statements (Balance Sheet, P&L, Cash Flow Statement) and ratio analysis
  • Q2. Importance of Auditing
  • Ans. 

    Auditing is important to ensure accuracy, compliance, and transparency in financial reporting.

    • Auditing helps to detect and prevent fraud and errors in financial statements.

    • It ensures compliance with laws and regulations, such as the Sarbanes-Oxley Act.

    • Auditing provides assurance to stakeholders that financial information is accurate and reliable.

    • It helps to identify areas for improvement in financial management and rep...

  • Answered by AI
  • Q3. Why this company and not any other?
  • Ans. 

    I chose this company because of its strong reputation, innovative culture, and opportunities for growth.

    • The company has a proven track record of success and is highly regarded in the industry.

    • I am impressed by the company's commitment to innovation and staying ahead of the curve.

    • There are ample opportunities for professional development and advancement within the company.

    • The company's values align with my own, particul...

  • Answered by AI
  • Q4. Future career plans and how this role fits into that?
  • Ans. 

    I plan to advance my career in project management and this role aligns with my goal.

    • I have a strong interest in project management and have been actively pursuing certifications in this field.

    • This role will provide me with valuable experience in managing projects and working with cross-functional teams.

    • I believe that the skills and knowledge I gain in this role will be transferable to future project management position...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Showcase keen interest in knowing more about the role and the long term objectives of the company.

Try sticking to the point while answering questions and not deviating from the topic.

I applied via Naukri.com and was interviewed before Jan 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. CARO2020, Companies Act, SA, INDA AS, AS, details of work done in Articleship

Interview Preparation Tips

Interview preparation tips for other job seekers - Read CARO, Latest Amemnment, Audit Report Format, IND AS 115, 116, 12 and AS and have a summary of work done in articleship

Shridhar And Associates Interview FAQs

How many rounds are there in Shridhar And Associates Audit Assistant interview?
Shridhar And Associates interview process usually has 2 rounds. The most common rounds in the Shridhar And Associates interview process are Resume Shortlist and One-on-one Round.
What are the top questions asked in Shridhar And Associates Audit Assistant interview?

Some of the top questions asked at the Shridhar And Associates Audit Assistant interview -

  1. What are the Types of ...read more
  2. What is the rate of income ...read more
  3. What is the rate of ...read more

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Shridhar And Associates Audit Assistant Interview Process

based on 2 interviews

Interview experience

4.5
  
Good
View more
Shridhar And Associates Audit Assistant Salary
based on 7 salaries
₹1.5 L/yr - ₹2.3 L/yr
45% less than the average Audit Assistant Salary in India
View more details

Shridhar And Associates Audit Assistant Reviews and Ratings

based on 3 reviews

3.4/5

Rating in categories

3.5

Skill development

3.4

Work-life balance

3.4

Salary

3.4

Job security

3.4

Company culture

2.8

Promotions

3.4

Work satisfaction

Explore 3 Reviews and Ratings
Senior Auditor
16 salaries
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₹5.3 L/yr - ₹10.4 L/yr

Junior Auditor
12 salaries
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₹2.2 L/yr - ₹7.5 L/yr

Audit Assistant
7 salaries
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₹1.5 L/yr - ₹2.2 L/yr

Assistant Manager
6 salaries
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₹5.6 L/yr - ₹10 L/yr

Audit Manager
6 salaries
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₹6.1 L/yr - ₹10 L/yr

Explore more salaries
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