T R Chadha & Co Llp Interview Questions, Process, and Tips

Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions. The golden rules of accounting are the basic principles that guide the recording of financial transactions.

• Accounting involves recording, classifying, and summarizing financial transactions.

• The golden rules of accounting are the basic principles that guide the r...read more

Internal audit is done by company employees while external audit is done by independent auditors.

• Internal audit is conducted by employees of the company while external audit is conducted by independent auditors.

• Internal audit is a continuous process while external audit is conducted periodically.

• Internal audit is focused on evaluating and improving the effectiveness of internal controls while external audit is focused ...read more

I am a highly motivated and experienced professional with a strong background in management and leadership.

• Over 5 years of experience in management roles

• Proven track record of successfully leading teams and achieving targets

• Excellent communication and problem-solving skills

• Strong organizational and time management abilities

• Ability to adapt to changing environments and handle multiple tasks

• Example: As an Assistant Manag...read more

Concurrent audit criteria refer to the standards and guidelines that must be followed during a concurrent audit.

• The audit must be conducted by an independent auditor

• The auditor must have a thorough understanding of the client's business and operations

• The audit must be conducted in real-time, alongside the client's operations

• The auditor must identify and report any irregularities or discrepancies immediately

• The audit mu...read more