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Shridhar And Associates Audit Assistant Interview Questions, Process, and Tips
Shridhar And Associates Audit Assistant Interview Experiences
1 interview found
Selected
I applied via Campus Placement and was interviewed before Aug 2022. There were 2 interview rounds.
(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...
- 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
- 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.
- 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%.
Interview Preparation Tips
- Accounting
- Balance Sheet
- Excel
Top trending discussions
Interview questions from similar companies
I applied via Naukri.com and was interviewed in Apr 2024. There was 1 interview round.
(1 Question)
- Q1. Past experience details
Audit Assistant Interview Questions & Answers
BDO RISE Private Limited
Anonymous
posted on 14 May 2024
Verbal Reasoning, numerical Reasoning, logical reasoning.
(1 Question)
- Q1. About the role ,company
Interview Preparation Tips
I applied via Job Portal
(1 Question)
- Q1. WHAT ALL ARE THE CONTROLS IN ITGC AUDIT
- Ans.
ITGC controls are essential for ensuring the integrity of financial information and safeguarding assets.
Access controls to restrict unauthorized access to systems and data
Change management controls to ensure proper authorization and documentation of changes
Backup and recovery controls to protect data from loss or corruption
Segregation of duties controls to prevent fraud and errors
Physical security controls to protect I
(1 Question)
- Q1. AS and Audit related questions
(2 Questions)
- Q1. Expected CTC, current roles and responsibilities
- Q2. Why do you want to join Crowe
Audit Assistant Interview Questions & Answers
EY Global Delivery Services ( EY GDS)
Anonymous
posted on 15 Oct 2023
I applied via Referral and was interviewed in Sep 2023. There were 4 interview rounds.
(1 Question)
- Q1. Tell me about yourself
Logical test, English comprehension test, accounting test and excel test was conducted
(1 Question)
- Q1. Revenue recognition
Interview Preparation Tips
Selected
I applied via campus placement at Gargi College, Delhi and was interviewed before Feb 2023. There were 4 interview rounds.
English, maths, logical reasoning, dara interpretation
Pros and cons of internet
(2 Questions)
- Q1. Introduce yourself
- Q2. Willing to travel
- Ans.
Yes, I am willing to travel for the role of Audit Assistant.
I am open to traveling to different client locations for audits.
I understand that travel may be required to perform the job effectively.
I am flexible and adaptable to different travel schedules and locations.
I have previous experience traveling for work purposes.
I am willing to make necessary arrangements and accommodations for travel.
(3 Questions)
- Q1. Difference between ammortization and depreciation
- Ans.
Amortization is the gradual reduction of an intangible asset's value, while depreciation is the gradual reduction of a tangible asset's value.
Amortization applies to intangible assets like patents, copyrights, and trademarks.
Depreciation applies to tangible assets like buildings, vehicles, and machinery.
Amortization is typically calculated using the straight-line method.
Depreciation can be calculated using various meth...
- Q2. What is Bank reconciliation
- Ans.
Bank reconciliation is the process of comparing and matching the balances in a company's accounting records with the balances shown on the bank statement.
Bank reconciliation ensures that the company's records accurately reflect the transactions and balances in its bank accounts.
It involves comparing the company's cash account balance, including deposits and withdrawals, with the bank statement.
Any discrepancies between...
- Q3. Accounting principles
I applied via Naukri.com and was interviewed in Jun 2021. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. What are your experience as semi qualified CHARTERED ACCOUNTANT(beacuse I have 3 months experience before qualifying)
Interview Preparation Tips
Here are some key points from my side:-
1. Stuck only to the truth, like if you are fresher tell them that yes I am a fresher with zero experience, and if you have some experience clearly tell them that this is the area where I had worked but I tried my best to do in the other parts also.
2. Always answer the questions by looking in the eyes of interviewer.
3. If you don't know any answer simply tell them that sorry I don't know. Don't use your assumptions unless you are pretty sure about that.
4. More important what are you writing in the resume, properly go through with that which means you should properly aware about the things even about your hobbies that you mention there(don't copy paste your resume).
I applied via Approached by Company and was interviewed in Sep 2022. There were 2 interview rounds.
(3 Questions)
- Q1. About self information
- Q2. They are not asking anything they just want working people like labour in minimum payout if anybody got another opportunity they refused for releaving letter
- Q3. Just do go for it
Interview Preparation Tips
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Shridhar And Associates Audit Assistant Interview Process
based on 2 interviews
Interview experience
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Shridhar And Associates Audit Assistant Reviews and Ratings
based on 3 reviews
Rating in categories
|
Senior Auditor
15
salaries
|  ₹5.3 L/yr - ₹10.4 L/yr |
|
Junior Auditor
12
salaries
| ₹2.2 L/yr - ₹7.5 L/yr |
|
Audit Assistant
7
salaries
| ₹1.5 L/yr - ₹2.2 L/yr |
|
Assistant Manager
6
salaries
| ₹5.6 L/yr - ₹10 L/yr |
|
Audit Manager
6
salaries
| ₹6.1 L/yr - ₹10 L/yr |
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