Utkarsh India Auditor Interview Questions and Answers

I want to join ABB because of its reputation for innovation, global presence, and commitment to sustainability.

• ABB is a global leader in technology and innovation

• I am impressed by ABB's commitment to sustainability and reducing environmental impact

• I believe ABB offers great opportunities for professional growth and development

Experienced auditor with a background in financial analysis and risk management.

• I have over 5 years of experience working as an auditor for a reputable accounting firm.

• I specialize in conducting financial audits, identifying risks, and providing recommendations for improvement.

• I am skilled in analyzing financial statements, assessing internal controls, and ensuring compliance with regulations.

• I have a strong attention ...read more

Risks in p2p include fraud, security breaches, regulatory compliance issues, and credit risk.

• Fraudulent transactions leading to financial losses

• Security breaches compromising sensitive data

• Regulatory compliance issues related to money laundering or data protection

• Credit risk associated with borrowers defaulting on loans

Controls in P2P include segregation of duties, approval processes, vendor master file maintenance, and regular reconciliations.

• Segregation of duties to prevent fraud and errors

• Approval processes for all purchases to ensure proper authorization

• Vendor master file maintenance to keep accurate and up-to-date records

• Regular reconciliations of accounts to detect any discrepancies