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Singhi & Co. Audit Assistant Interview Questions and Answers

Updated 30 Aug 2023

Singhi & Co. Audit Assistant Interview Experiences

1 interview found

Audit Assistant Interview Questions & Answers

user image Devansh Bansal

posted on 30 Aug 2023

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Technical and professional
Round 2 - HR 

(1 Question)

  • Q1. Development areas in you?
  • Ans. 

    My development areas include improving my technical skills, enhancing my communication abilities, and gaining more experience in audit procedures.

    • Enhancing technical skills through continuous learning and training programs

    • Improving communication abilities by actively participating in team meetings and client interactions

    • Gaining more experience in audit procedures by taking on more challenging assignments

  • Answered by AI

Interview questions from similar companies

I applied via Referral and was interviewed before Jul 2021. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Most of questions were based on IND AS since this role was in Assurance service line under Financial accounting and advisory services.
  • Q2. Questions were from IND AS AS 115,116 103 and why want to work with EY values of EY etc. and yeah i question that remains same in every interview was Tell me about yourself

Interview Preparation Tips

Interview preparation tips for other job seekers - Please be honest with your resume and calm during interview.

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

Interview Questionnaire 

1 Question

  • Q1. SAP PM

Interview Preparation Tips

Interview preparation tips for other job seekers - The interview was just like that of any other IT MNC. There was more focus on implementation projects in my resume.

I applied via Naukri.com and was interviewed in Mar 2021. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Purely technical specific to your skill + about your knowledge into latest technology specific to your domain.

Interview Preparation Tips

Interview preparation tips for other job seekers - Total 4 rounds
2 technical 1 management 1 HR discussions

I applied via LinkedIn and was interviewed in Apr 2021. There were 5 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Fundamentals + case studies

Interview Preparation Tips

Interview preparation tips for other job seekers - 2 technical + 1 director round .Overall expect interview to be moderate to tough

I applied via Recruitment Consultant and was interviewed in Nov 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Understand the core values of PwC and its relationship with current and future expectations
  • Ans. 

    PwC's core values include teamwork, excellence, and leadership. They strive to meet current and future expectations through innovation and collaboration.

    • PwC values teamwork, excellence, and leadership

    • They prioritize innovation and collaboration to meet current and future expectations

    • PwC aims to provide quality service to clients and contribute to society

    • They prioritize diversity and inclusion in their workforce

    • PwC enco...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Keep it simple and effective.
Provide reasoning for your answer and relate it PwC’s core values

I applied via Recruitment Consultant and was interviewed in Oct 2020. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. My profile is Guidewire Business Analyst and product PC and forms. So the questions were based on application, field level understanding and app flow. Understanding about business and line of businesses.
  • Q2. Reason for change, mandatory question.

Interview Preparation Tips

Interview preparation tips for other job seekers - Be really well prepared of what is it in the resume. All the questions will be around that particularly and nearby questions.

Interview Questionnaire 

1 Question

  • Q1. What are audit assertions
  • Ans. 

    Audit assertions are the claims made by management regarding the accuracy and completeness of financial statements.

    • Audit assertions are used by auditors to assess the risk of material misstatement in financial statements.

    • There are six types of audit assertions: existence, completeness, accuracy, cutoff, classification, and presentation.

    • For example, existence assertion means that the assets and liabilities exist at a gi...

  • Answered by AI

I applied via Referral and was interviewed before Jan 2021. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Technical Questions
  • Q2. Answer will be thorough knowledge

Interview Preparation Tips

Interview preparation tips for other job seekers - Be well aware of the projects you had done for your current organization. Certifications give an added advantage.

I applied via Company Website and was interviewed in Jun 2020. There were 3 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. What is Materiality, How to decide Materiality , who decide what will be the level of Materiality ?
  • Ans. 

    Materiality is the concept of determining the significance or importance of information in financial reporting.

    • Materiality refers to the threshold at which information becomes relevant to users of financial statements.

    • It is a subjective judgment based on the nature and size of the item or error being evaluated.

    • Materiality is determined by considering both quantitative and qualitative factors.

    • Quantitative factors includ...

  • Answered by AI
  • Q2. AS Based questions on Revenue recognition, Inventory Valuation , Deferred Tax
  • Q3. Hypothetical Situation Based question relating to Journal entries
  • Q4. IND AS on Revenue recognition, Lease income
  • Ans. 

    IND AS on Revenue recognition and Lease income

    • IND AS 115 governs revenue recognition

    • Lease income is governed by IND AS 116

    • Revenue recognition is based on the transfer of control

    • Lease income is recognized over the lease term

    • Both standards require significant judgement and estimation

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - 1. Be confident while answering to Manager
2. Listen to the Whole question first, don't interrupt in between
3. Revise your concept thoroughly before attending any interview
4. If you are not aware about any concept or have no I idea about the answer than just say Sorry Sir could not remember ( Don't try to bluff)
5. Don't fake any single line in your resume (it's the first thing interviewers notice and decides the area of questions )
6. Prepare in detail about the work experience you have mentioned in CV ( most of the question will come from there only)
7. Don't be lazy, show you are as interested for the Job as they are to hire you.
8. If they ask do you have any questions for us ( try to ask something related to the post, don't just say no)
9. If it's an online interview, take extra precautions to chose area where there is no disturbance
10. Be confident through out the Interview
11. If you didn't get the question properly , just ask the interviewer to repeat (don't assume)

Singhi & Co. Interview FAQs

How many rounds are there in Singhi & Co. Audit Assistant interview?
Singhi & Co. interview process usually has 3 rounds. The most common rounds in the Singhi & Co. interview process are Resume Shortlist, One-on-one Round and HR.
How to prepare for Singhi & Co. Audit Assistant interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Singhi & Co.. The most common topics and skills that interviewers at Singhi & Co. expect are Internal Audit, Auditing, Concurrent Audit, Statutory Audit and Internal Control.
What are the top questions asked in Singhi & Co. Audit Assistant interview?

Some of the top questions asked at the Singhi & Co. Audit Assistant interview -

  1. Development areas in y...read more
  2. Technical and professio...read more

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Singhi & Co. Audit Assistant Interview Process

based on 1 interview

Interview experience

3
  
Average
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Singhi & Co. Audit Assistant Salary
based on 40 salaries
₹0.8 L/yr - ₹8.5 L/yr
16% more than the average Audit Assistant Salary in India
View more details

Singhi & Co. Audit Assistant Reviews and Ratings

based on 8 reviews

3.5/5

Rating in categories

3.9

Skill development

3.3

Work-life balance

3.5

Salary

3.7

Job security

3.7

Company culture

3.3

Promotions

3.7

Work satisfaction

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