Singhi & Co. Interview Questions, Process, and Tips

Q1. Questions regarding Accounting standards
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Q2. Accounting software tools that I have used
Ans. 
I have experience using QuickBooks, Xero, and SAP for accounting purposes.
• QuickBooks

• Xero

• SAP
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Q3. Questions regarding previous Firm
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Q4. Size of previous firm
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Previous firm was a mid-sized consulting company with around 200 employees.
• Previous firm had around 200 employees

• It was considered a mid-sized consulting company

• The size allowed for a close-knit team environment
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Q5. Questions from resume itself
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Q1. There is no hr round
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Q2. There is no mechanism of good induction also
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Induction is a crucial process for new employees to familiarize themselves with the organization and their roles.
• Induction helps new employees understand the company culture and values.

• It provides necessary information about policies, procedures, and expectations.

• Effective induction programs can improve employee retention and engagement.

• Examples: Onboarding sessions, mentorship programs, welcome kits.
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Current affairs knowledge will be check

Q1. AS Related questions
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Q1. How do you verify purchases?
Ans. 
Verify purchases by checking invoices, receipts, purchase orders, and vendor statements.
• Compare invoices with purchase orders to ensure accuracy

• Check receipts for proper authorization and matching details

• Reconcile vendor statements with recorded purchases

• Verify prices, quantities, and terms of purchases
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Q2. Jow do you verify sales?
Ans. 
Sales can be verified by comparing sales records with bank statements, invoices, and delivery receipts.
• Compare sales records with bank statements to ensure all transactions are accounted for

• Match invoices with sales records to verify the accuracy of sales amounts

• Cross-reference delivery receipts with sales records to confirm that products were actually sold

• Perform periodic audits to detect any discrepancies or irregula
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