Upload Button Icon Add office photos

Filter interviews by

SPR & CO Interview Questions, Process, and Tips

Updated 28 Mar 2024

Top SPR & CO Interview Questions and Answers

View all 10 questions

SPR & CO Interview Experiences

Popular Designations

2 interviews found

Analyst Interview Questions & Answers

user image Anonymous

posted on 28 Mar 2024

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Feb 2024. There were 3 interview rounds.

Round 1 - HR 

(4 Questions)

  • Q1. Family background
  • Q2. Done any course or Internship
  • Q3. When can you join if selected
  • Q4. Ms Excel formulas
Round 2 - Technical 

(5 Questions)

  • Q1. What is Balance sheet
  • Ans. 

    Balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.

    • It provides a snapshot of a company's financial position.

    • Assets are what the company owns, liabilities are what it owes, and shareholders' equity is the difference between the two.

    • The balance sheet follows the accounting equation: Assets = Liabilities + Shareholders' Equity.

    • It helps in...

  • Answered by AI
  • Q2. What is Journal entry
  • Ans. 

    A journal entry is a record of a financial transaction in a company's accounting system.

    • Journal entries are used to record debits and credits for each transaction.

    • They help in maintaining accurate financial records and tracking the flow of money within a company.

    • Each journal entry includes a date, description, accounts affected, and amounts debited and credited.

    • For example, a journal entry for a sale transaction would ...

  • Answered by AI
  • Q3. What is petty cash
  • Ans. 

    Petty cash is a small amount of cash kept on hand by a company for minor expenses.

    • Petty cash is used for small, everyday expenses that are impractical to pay for with a check or credit card.

    • It is typically kept in a secure location and managed by a designated employee.

    • Replenishment of petty cash is done by submitting receipts for the expenses incurred.

    • Common uses of petty cash include office supplies, postage, and mino...

  • Answered by AI
  • Q4. What is contra entry
  • Ans. 

    Contra entry is a transaction that involves both a debit and a credit entry to the same account, resulting in a net zero effect on the account balance.

    • Contra entries are typically used to correct errors, transfer funds between accounts, or record non-cash transactions.

    • Examples of contra entries include bank transfers, cash withdrawals for personal use, and corrections of accounting mistakes.

    • Contra entries are usually m...

  • Answered by AI
  • Q5. What is Bank reconciliation statement
  • Ans. 

    Bank reconciliation statement is a document that compares the bank's records with the company's records to ensure they match.

    • It is used to identify any discrepancies between the two sets of records.

    • It helps in ensuring the accuracy of the financial transactions recorded by the company.

    • Common items on a bank reconciliation statement include outstanding checks, deposits in transit, bank errors, and service charges.

    • The go...

  • Answered by AI
Round 3 - Technical 

(3 Questions)

  • Q1. Why do we use BRS
  • Ans. 

    BRS is used to document the agreed upon requirements between the client and the development team.

    • BRS helps in ensuring that both parties have a clear understanding of the project requirements.

    • It serves as a reference point throughout the development process.

    • BRS helps in minimizing misunderstandings and scope creep.

    • It provides a basis for testing the final product against the initial requirements.

    • Examples: Software deve

  • Answered by AI
  • Q2. Golden rules of accounting
  • Ans. 

    Golden rules of accounting are basic principles that guide the process of recording financial transactions.

    • There are three golden rules of accounting: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains

    • These rules help maintain the balance in the accounting equation: Assets = Liabilities + Equity

    • For example, when a company receives cash fro...

  • Answered by AI
  • Q3. What is creditor
  • Ans. 

    A creditor is a person or institution to whom money is owed.

    • A creditor is someone who has provided goods or services on credit to another party

    • Creditors can include individuals, businesses, or financial institutions

    • Examples of creditors include suppliers, banks, and bondholders

  • Answered by AI

Top SPR & CO Analyst Interview Questions and Answers

Q1. What is Bank reconciliation statement
View answer (1)

Analyst Interview Questions asked at other Companies

Q1. N-th Fibonacci Number Problem Statement Given an integer ‘N’, your task is to find and return the N’th Fibonacci number using matrix exponentiation. Since the answer can be very large, return the answer modulo 10^9 + 7. Formula: F(n) = F(n-... read more
View answer (1)
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed before Nov 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 - HR 

(3 Questions)

  • Q1. Junior audit executive
  • Q2. What is mean by gst
  • Ans. 

    GST stands for Goods and Services Tax, a value-added tax levied on the supply of goods and services.

    • GST is a comprehensive tax system that has replaced multiple indirect taxes in India.

    • It is a destination-based tax, which means that the tax is collected at the point of consumption.

    • GST has three components - CGST, SGST, and IGST, which are levied by the central and state governments.

    • It has simplified the tax structure a...

  • Answered by AI
  • Q3. What are the types of taxes
  • Ans. 

    There are several types of taxes, including income tax, sales tax, property tax, and corporate tax.

    • Income tax is a tax on an individual's earnings or income.

    • Sales tax is a tax on the sale of goods and services.

    • Property tax is a tax on the value of real estate or personal property.

    • Corporate tax is a tax on the profits of corporations.

    • Other types of taxes include excise tax, estate tax, and payroll tax.

  • Answered by AI

Interview Preparation Tips

Topics to prepare for SPR & CO Junior Accountant interview:
  • Junior audit executive
Interview preparation tips for other job seekers - Learn understand get easily learn
Implement ideas and creative thoughts

Junior Accountant Interview Questions asked at other Companies

Q1. Explain heads of income under income tax Act, 1961.
View answer (23)

Jobs at SPR & CO

View all

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Why do you want to work with BakerTilly?
  • Ans. 

    I want to work with BakerTilly because of their reputation for providing top-notch data analysis services and their commitment to professional development.

    • BakerTilly has a strong reputation in the industry for providing high-quality data analysis services.

    • I am impressed by BakerTilly's commitment to professional development and continuous learning opportunities for employees.

    • I believe that working at BakerTilly will pr...

  • Answered by AI

I was interviewed in Mar 2022.

Round 1 - Technical 

(3 Questions)

  • Q1. Various types of valuations
  • Ans. 

    Valuations can be of various types depending on the purpose and method used.

    • Asset-based valuation

    • Market-based valuation

    • Income-based valuation

    • Liquidation valuation

    • Replacement cost valuation

  • Answered by AI
  • Q2. Equity vs enterprise value
  • Ans. 

    Equity represents ownership in a company, while enterprise value represents the total value of a company.

    • Equity is the residual interest in the assets of a company after liabilities are paid off

    • Enterprise value is the sum of equity, debt, minority interest, and preferred stock minus cash and cash equivalents

    • Equity is used to calculate metrics such as return on equity and price-to-book ratio

    • Enterprise value is used to c...

  • Answered by AI
  • Q3. Comparable company analysis vs comparable transaction analysis
  • Ans. 

    Comparable company analysis compares multiples of similar public companies while comparable transaction analysis compares multiples of similar M&A deals.

    • Comparable company analysis is based on multiples of similar public companies

    • Comparable transaction analysis is based on multiples of similar M&A deals

    • Comparable company analysis is more commonly used

    • Comparable transaction analysis is more accurate but harder to find d...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Study the basics and have good knowledge about valuation and it will be fine for you
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed before Dec 2021. There were 3 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 

(1 Question)

  • Q1. About your previous work
Round 3 - One-on-one 

(2 Questions)

  • Q1. How will you handle situations
  • Q2. Risk of material misstatement procedure
  • Ans. 

    Risk of material misstatement procedure is a process to identify and assess the risk of errors or fraud in financial statements.

    • The procedure involves understanding the entity and its environment, including internal controls.

    • It also includes assessing the risks of material misstatement due to fraud or error.

    • The auditor then designs and performs audit procedures to address the identified risks.

    • Examples of procedures inc...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and trust yourself. Introduce uourself properly and dont lie about anything
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Campus Placement and was interviewed in Jan 2024. There were 2 interview rounds.

Round 1 - Group Discussion 

Can artifical intelligence replace humans

Round 2 - One-on-one 

(3 Questions)

  • Q1. Resume based interview
  • Q2. What is your job role
  • Q3. Hobbies and deep discussion about it

Interview Preparation Tips

Interview preparation tips for other job seekers - make your resume solid and you are good to go
Interview experience
3
Average
Difficulty level
Hard
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Feb 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. Explain p2p process
  • Ans. 

    P2P process stands for procure-to-pay process, which involves the steps from requisition to payment for goods or services.

    • Requisition: Requesting the purchase of goods or services

    • Purchase Order: Formal document outlining the details of the purchase

    • Receipt of Goods/Services: Confirming delivery and quality

    • Invoice Processing: Verifying the invoice against the purchase order and receipt

    • Payment: Issuing payment to the vend

  • Answered by AI
  • Q2. Sap related questions
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Double-check your resume for any spelling mistakes. The recruiter may consider spelling mistakes as careless behavior or poor communication skills.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. Tell me about yourself?
Round 3 - Technical 

(1 Question)

  • Q1. Ind AS, Taxation and Audit SA?
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(4 Questions)

  • Q1. P2P process and risk at each step.
  • Ans. 

    P2P process involves requisition, approval, purchase order, goods receipt, invoice receipt, and payment.

    • Requisition: Request for goods or services

    • Approval: Authorization of the requisition by appropriate personnel

    • Purchase Order: Formal document to the supplier specifying the details of the purchase

    • Goods Receipt: Verification of goods received matching the purchase order

    • Invoice Receipt: Receipt of invoice from the suppl

  • Answered by AI
  • Q2. Major observations or risk identified in your internal audit experience.
  • Ans. 

    Key risks identified in internal audit experience

    • Lack of segregation of duties leading to potential fraud

    • Inadequate controls over financial reporting

    • Insufficient IT security measures

    • Non-compliance with regulations and policies

    • Weaknesses in inventory management

  • Answered by AI
  • Q3. How to identified ghost employees?
  • Ans. 

    Ghost employees can be identified by cross-referencing payroll records with HR records and conducting regular audits.

    • Cross-reference payroll records with HR records to identify discrepancies

    • Conduct regular audits of employee information and payroll to detect any anomalies

    • Implement strong internal controls and segregation of duties to prevent ghost employees

    • Use biometric verification or time-tracking systems to ensure e...

  • Answered by AI
  • Q4. What procedure can you perform from PO dump?
  • Ans. 

    You can perform procedures such as creating purchase orders, updating purchase orders, cancelling purchase orders, etc. from a PO dump.

    • Creating new purchase orders based on the information in the dump

    • Updating existing purchase orders with new information

    • Cancelling purchase orders that are no longer needed

    • Reviewing and analyzing purchase order data for insights

  • Answered by AI
Round 2 - One-on-one 

(1 Question)

  • Q1. Some personal questions.

Interview Preparation Tips

Interview preparation tips for other job seekers - Goodluck
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(3 Questions)

  • Q1. Describe each step of P2P Process with risk at each step.
  • Ans. 

    P2P Process involves requisition, approval, purchase order, goods receipt, invoice verification, and payment.

    • Requisition: Risk of incorrect or unauthorized requests leading to unnecessary purchases.

    • Approval: Risk of delays or errors in approval process causing delays in procurement.

    • Purchase Order: Risk of incorrect details or unauthorized purchases being made.

    • Goods Receipt: Risk of receiving damaged or incorrect goods,...

  • Answered by AI
  • Q2. What is ghost employee and how can we identify ghost employee?
  • Ans. 

    A ghost employee is a fictitious employee created by someone to embezzle funds from a company.

    • Ghost employees may have fake identities and bank accounts.

    • They may receive paychecks without actually working for the company.

    • To identify ghost employees, cross-check employee records with HR and payroll data.

    • Look for discrepancies in employee attendance, performance, and salary payments.

    • Conduct regular audits and reviews of

  • Answered by AI
  • Q3. What checks can you perform from PO dump?
  • Ans. 

    Perform various checks on purchase order data dump

    • Verify accuracy of vendor information

    • Check for duplicate PO numbers

    • Ensure correct pricing and quantities

    • Validate delivery dates

    • Confirm approval signatures

  • Answered by AI
Round 2 - One-on-one 

(2 Questions)

  • Q1. Are you ok with travelling and late sitting?
  • Q2. We need you to join from next Monday.

Interview Preparation Tips

Interview preparation tips for other job seekers - Mazars is not that good to work in GRC department and i do not like politics of this company because it is very toxic.

SPR & CO Interview FAQs

How many rounds are there in SPR & CO interview?
SPR & CO interview process usually has 2-3 rounds. The most common rounds in the SPR & CO interview process are HR, Technical and Resume Shortlist.
How to prepare for SPR & CO 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 SPR & CO. The most common topics and skills that interviewers at SPR & CO expect are Auditing, Python, Accounting, Communication Skills and Internal Audit.
What are the top questions asked in SPR & CO interview?

Some of the top questions asked at the SPR & CO interview -

  1. What are the types of ta...read more
  2. What is Bank reconciliation statem...read more
  3. What is Balance sh...read more

Tell us how to improve this page.

SPR & CO Interview Process

based on 3 interviews

Interview experience

4
  
Good
View more

Interview Questions from Similar Companies

Deloitte Interview Questions
3.8
 • 2.8k Interviews
PwC Interview Questions
3.4
 • 1.4k Interviews
Ernst & Young Interview Questions
3.4
 • 1.1k Interviews
KPMG India Interview Questions
3.5
 • 790 Interviews
Grant Thornton Interview Questions
3.7
 • 101 Interviews
RSM India Interview Questions
3.4
 • 54 Interviews
BDO Interview Questions
3.3
 • 45 Interviews
Crowe Horwath Interview Questions
4.1
 • 28 Interviews
Mazars Interview Questions
3.1
 • 21 Interviews
View all

SPR & CO Reviews and Ratings

based on 29 reviews

3.5/5

Rating in categories

3.0

Skill development

3.0

Work-life balance

3.0

Salary

3.1

Job security

3.1

Company culture

2.7

Promotions

2.9

Work satisfaction

Explore 29 Reviews and Ratings
Quality Analyst

Chennai

3-8 Yrs

Not Disclosed

Internal Audit Professional

Chennai

1-3 Yrs

Not Disclosed

Explore more jobs
Assistant Manager
16 salaries
unlock blur

₹0 L/yr - ₹0 L/yr

Senior Associate
16 salaries
unlock blur

₹0 L/yr - ₹0 L/yr

Associate Consultant
13 salaries
unlock blur

₹0 L/yr - ₹0 L/yr

Audit Manager
10 salaries
unlock blur

₹0 L/yr - ₹0 L/yr

Analyst
6 salaries
unlock blur

₹0 L/yr - ₹0 L/yr

Explore more salaries
Compare SPR & CO with

KPMG India

3.5
Compare

Deloitte

3.8
Compare

PwC

3.4
Compare

Ernst & Young

3.4
Compare
Did you find this page helpful?
Yes No
write
Share an Interview