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The Institute Of Chartered Accountants Professional 1 Interview Questions and Answers

Updated 20 Jun 2024

The Institute Of Chartered Accountants Professional 1 Interview Experiences

1 interview found

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

(1 Question)

  • Q1. Telk me about indas 115
  • Ans. 

    Ind AS 115 is a revenue recognition standard that establishes principles for recognizing revenue from contracts with customers.

    • Ind AS 115 replaces the existing revenue recognition guidance in Ind AS 18 and Ind AS 11.

    • It introduces a five-step model for revenue recognition: identify the contract, identify the performance obligations, determine the transaction price, allocate the transaction price to the performance oblig...

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

(1 Question)

  • Q1. What is net suit
  • Ans. 

    NetSuite is a cloud-based business management software suite that includes accounting, enterprise resource planning (ERP), and customer relationship management (CRM) functionalities.

    • NetSuite is a cloud-based software suite used for business management.

    • It includes accounting, ERP, and CRM functionalities.

    • NetSuite helps businesses streamline their operations and improve efficiency.

    • It offers real-time visibility into key ...

  • Answered by AI

Interview questions from similar companies

I applied via Referral and was interviewed before Oct 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 - Aptitude Test 

That was 1 hour apti test with subjective questions

Round 3 - Coding Test 

This was coding round with DSA. Good basic questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Good to get internship from a good organisation. You get chance to see and work in corporate culture

Analyst Interview Questions & Answers

Ducat user image Yatharth Antil

posted on 2 Feb 2024

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Walk-in and was interviewed in Aug 2023. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Only introduction?
  • Q2. Past experiences

Interview Preparation Tips

Interview preparation tips for other job seekers - Just chilll.

I applied via Recruitment Consultant and was interviewed before Jun 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. About the technologies worked.. MVC in .NET.. Only process level questions.

Interview Preparation Tips

Interview preparation tips for other job seekers - Nice interview with GEMS - IT. But I rejected the offer, because of their timings 09:00 AM to 11:00 PM every day. Over pressure with undefined tasks. And their work location, they recruit for Dubai during interview.. Finally they told, I need to work from India. So I rejected the Offer.

I applied via Company Website and was interviewed before Jul 2020. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. Which needle is used in industrial machine?
  • Ans. 

    Industrial machines use different types of needles depending on the fabric and stitching required.

    • The most common needles used in industrial machines are round point needles, sharp point needles, and ballpoint needles.

    • Round point needles are used for woven fabrics, while sharp point needles are used for knit fabrics.

    • Ballpoint needles are used for stretch fabrics to prevent damage to the fabric.

    • Needle size also varies d...

  • Answered by AI
  • Q2. 14 number

Interview Preparation Tips

Interview preparation tips for other job seekers - This interview was a technical one but was majorly a stress test. It lasted for about 1 hour 10 minutes. The interviewer wanted to test both my knowledge and communication skills.This company is very good.

Interview Questions & Answers

Jitm Skills user image Anonymous

posted on 27 Feb 2020

I applied via Naukri.com and was interviewed in Aug 2019. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Types of engine, suspension and clutch.
  • Ans. 

    Types of engine, suspension and clutch.

    • Types of engines: petrol, diesel, electric, hybrid

    • Types of suspension: independent, dependent, air, coil

    • Types of clutch: single plate, multi-plate, centrifugal

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Technical questions are asked in interview

Interview Questions & Answers

Jitm Skills user image Anonymous

posted on 7 May 2019

I applied via Approached by Company and was interviewed in Dec 2018. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Asked about faculty related question
  • Q2. Only discussed about salary

Interview Preparation Tips

Round: Resume Shortlist
Experience: on TOT Certificate basis

General Tips: interview process is very good and they given good salary package.
Skills: Communication
Duration: <1 week

I applied via Company Website and was interviewed before Apr 2020. There were 5 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Mechanical questions

Interview Preparation Tips

Interview preparation tips for other job seekers - First day there were totally 3 round of interview, two perofessors from the branch will take
2nd round was demo
3rd round was also technical withpanel of 7-8 member

Next round was after a month with chairperson.

Interview Questions & Answers

Jetking Infotrain user image Anonymous

posted on 16 Mar 2020

I applied via Recruitment Consultant and was interviewed in Sep 2019. There were 4 interview rounds.

Interview Questionnaire 

5 Questions

  • Q1. What is DHCP?
  • Q2. Types of IP address?
  • Ans. 

    Types of IP addresses include public, private, static, and dynamic.

    • Public IP addresses are used to identify devices on the internet.

    • Private IP addresses are used within a private network and are not accessible from the internet.

    • Static IP addresses remain constant and do not change.

    • Dynamic IP addresses are assigned by a DHCP server and can change over time.

    • IPv4 and IPv6 are two versions of IP addresses.

  • Answered by AI
  • Q3. What is DNS?
  • Q4. What is TCP/IP
  • Q5. In OSI Model how many layers are there?

Interview Preparation Tips

Interview preparation tips for other job seekers - Should be must prepare for tell me about ur self because HR seeing confidence level and conversation...

Skills evaluated in this interview

Trainer Interview Questions & Answers

IILM user image Anonymous

posted on 13 Oct 2020

I applied via Campus Placement and was interviewed before Oct 2019. There were 3 interview rounds.

Interview Questionnaire 

7 Questions

  • Q1. Introduce yourself
  • Q2. When will Indian Constitution is going to break this damn lockdown?
  • Ans. 

    The Indian Constitution does not have the power to break the lockdown, it can only provide guidelines and regulations.

    • The Indian Constitution provides guidelines and regulations for the lockdown, but it does not have the power to break it.

    • The decision to lift the lockdown lies with the government and health officials based on the situation and data.

    • Breaking the lockdown without proper measures could lead to a surge in

  • Answered by AI
  • Q3. Why are they collapsing the education system , economic system and everything in India?
  • Ans. 

    There is no evidence to support the claim that the education and economic system in India are collapsing.

    • There is no data to suggest that the education system in India is collapsing. In fact, the literacy rate in India has been steadily increasing over the years.

    • The economic system in India has faced challenges, but it is not collapsing. India is still one of the fastest-growing economies in the world.

    • It is important t...

  • Answered by AI
  • Q4. Why medical field and other fields became business now a days including matrimony?
  • Q5. Why the indian Citizens are quietly seeing every wrong things happening in India now a days?
  • Q6. Why they are not preserving natural resources provided by the CREATOR OF THIS WORLD AND UNIVERSE?
  • Ans. 

    Human greed and lack of awareness are the main reasons for not preserving natural resources.

    • Human activities like deforestation, mining, and pollution are causing irreversible damage to the environment.

    • Many people prioritize their own short-term gains over the long-term health of the planet.

    • Education and awareness campaigns can help people understand the importance of preserving natural resources.

    • Governments and organi...

  • Answered by AI
  • Q7. If I get chance to rule india for 10 years I will follow the ways of Dr. APJ Abdul kalam, WILL THE INDIAN DEMOCRACY ALLOW ME ?

Interview Preparation Tips

Interview preparation tips for other job seekers - Break this lockdown within this 2020 and please start a new year with freshness in everything from 2021.

The Institute Of Chartered Accountants Interview FAQs

How many rounds are there in The Institute Of Chartered Accountants Professional 1 interview?
The Institute Of Chartered Accountants interview process usually has 2 rounds. The most common rounds in the The Institute Of Chartered Accountants interview process are One-on-one Round.
What are the top questions asked in The Institute Of Chartered Accountants Professional 1 interview?

Some of the top questions asked at the The Institute Of Chartered Accountants Professional 1 interview -

  1. What is net s...read more
  2. Telk me about indas ...read more

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The Institute Of Chartered Accountants Professional 1 Interview Process

based on 1 interview

Interview experience

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Average
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