Transport Corporation Of India Audit Supervisor Interview Questions and Answers

In my last job, I worked as an Audit Associate at XYZ Firm.

• Performed financial audits for various clients

• Managed a team of junior auditors

• Prepared audit reports and communicated findings to clients

• Conducted risk assessments and identified control weaknesses

• Collaborated with clients to implement recommendations for process improvements

Managed audit engagements, supervised audit teams, and ensured compliance with audit standards.

• Managed audit engagements from planning to completion

• Supervised and mentored audit teams, providing guidance and support

• Ensured compliance with audit standards and regulatory requirements

• Performed risk assessments, identified control weaknesses, and recommended improvements

• Prepared audit reports and communicated findings to m...read more

Reconciliation of statement of accounts involves comparing financial records to ensure accuracy and identify discrepancies.

• Verify all transactions on the statement of accounts match with the company's records

• Identify and investigate any discrepancies or errors

• Ensure all adjustments are properly recorded

• Perform a final check to ensure all accounts are balanced

• Maintain proper documentation of the reconciliation process

Yes, I have previous experience in audit.

• Worked as an Audit Associate at XYZ Firm for 3 years

• Conducted financial audits for various clients in different industries

• Performed risk assessments, internal control evaluations, and compliance reviews

• Prepared audit reports and communicated findings to management

• Led a team of auditors in conducting complex audits for a multinational company

I recently completed an audit for a manufacturing company.

• Conducted financial and operational audits to assess internal controls and compliance.

• Reviewed financial statements, invoices, and other relevant documents.

• Identified areas of risk and recommended improvements to enhance efficiency and effectiveness.

• Collaborated with cross-functional teams to gather information and resolve issues.

• Prepared detailed audit reports ...read more

Seeking better growth opportunities and work-life balance.

• Limited opportunities for career advancement

• Long working hours and high stress levels

• Lack of work-life balance

• Desire for a more challenging and fulfilling role

• Company culture or values misalignment

• Relocation or personal reasons