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Varma & Varma Assistant Manager - Audit Interview Questions and Answers
Varma & Varma Assistant Manager - Audit Interview Experiences
1 interview found
(1 Question)
- Q1. Technical and tax
(1 Question)
- Q1. Technical income tax and gst
(1 Question)
- Q1. Technical and tax
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Audit Associate Interview Questions & Answers
Auditics Private Limited
Anonymous
posted on 30 Nov 2024
Selected
I applied via Naukri.com and was interviewed in May 2024. There were 2 interview rounds.
(6 Questions)
- Q1. Tell me about yourself
- Q2. Why this role attracts you
- Q3. What are your hobbies
- Q4. What are your goals
- Q5. What is your educational background
- Ans.
I have a Bachelor's degree in Accounting and Finance from XYZ University.
Bachelor's degree in Accounting and Finance
Graduated from XYZ University
Completed relevant coursework in auditing
- Q6. What was your previous role
- Ans.
I was a Financial Analyst at a Fortune 500 company
Prepared financial reports and analysis for management
Assisted in budgeting and forecasting processes
Conducted variance analysis to identify trends and areas for improvement
(6 Questions)
- Q1. What is Auditing
- Ans.
Auditing is the process of examining and evaluating financial information to ensure accuracy and compliance with regulations.
Auditing involves reviewing financial statements, transactions, and internal controls.
Auditors assess the risk of material misstatement in financial reporting.
They gather evidence to support their findings and issue an opinion on the financial statements.
Auditing helps stakeholders make informed ...
- Q2. What is the formula of VLOOKUP
- Ans.
VLOOKUP is a function in Excel used to search for a value in a table and return a corresponding value.
VLOOKUP stands for 'Vertical Lookup'
The formula syntax is =VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup])
Example: =VLOOKUP(A2, B2:D10, 3, FALSE) - this will search for the value in cell A2 in the range B2:D10 and return the value in the 3rd column
The range_lookup parameter can be either TRUE (approxi
- Q3. Name the three accounting standards
- Ans.
The three accounting standards are GAAP, IFRS, and GASB.
GAAP (Generally Accepted Accounting Principles) is used in the United States
IFRS (International Financial Reporting Standards) is used globally in many countries
GASB (Governmental Accounting Standards Board) is used for government entities
- Q4. What is inventory management
- Ans.
Inventory management involves overseeing the flow of goods from manufacturers to warehouses to retailers, ensuring optimal levels are maintained.
Inventory management involves tracking and controlling the flow of goods from suppliers to warehouses to customers.
It includes forecasting demand, setting reorder points, and managing stock levels to prevent stockouts or overstocking.
Efficient inventory management can help red...
- Q5. What is store ledger
- Ans.
Store ledger is a record of all transactions related to inventory in a store.
Store ledger tracks the movement of goods in and out of the store.
It helps in maintaining accurate inventory levels and preventing stockouts.
The ledger includes details such as item description, quantity, date of transaction, and cost.
Regularly updating the store ledger is essential for effective inventory management.
Example: A store ledger ma...
- Q6. Do you have any questions for us
Interview Preparation Tips
Selected
I applied via Campus Placement and was interviewed in Jun 2024. There were 4 interview rounds.
(1 Question)
- Q1. Tell me about yourself?
(2 Questions)
- Q1. About internal audit and its applicability
- Q2. What makes you to choose Internal Audit
(1 Question)
- Q1. O2C,PTP process, department involved in the processes
(1 Question)
- Q1. Gave details about company and policies.
Selected
I applied via Naukri.com and was interviewed in Dec 2023. There were 8 interview rounds.
No any aptitude test
Only xl formulas, and pivot table.
Basic group chats on what's app nd on google teem .
Internal audit provide for other company's, and assat audit provide for other company's.
Physical , soft copy, and chack certificate etc.
(2 Questions)
- Q1. Are you immediately join ?
- Q2. Are you full time job joiner?
(2 Questions)
- Q1. Basic Laptop user?
- Ans.
Yes, I am a basic laptop user with proficiency in common applications and tasks.
Proficient in using Microsoft Office suite (Word, Excel, PowerPoint)
Able to browse the internet and use email
Comfortable with basic troubleshooting and settings adjustments
Familiar with file management and organization
May have limited knowledge of more advanced software or technical tasks
- Q2. Why are you find this job?
- Ans. Because my intrest in a commercial audit
(4 Questions)
- Q1. What about your self?
- Q2. What about aspects salary?
- Q3. What is your study from?
- Ans. Say, that my course and my degree's.
- Q4. And manager say your training is 6 month, so you interested?
- Ans. Don't only confirmed to the wise manager, please confirm to hr,That's really 6 month or 12 month training time and confirm that only on the mail .
Interview Preparation Tips
Skills evaluated in this interview
Selected
I applied via Job Fair and was interviewed in Dec 2023. There were 2 interview rounds.
(5 Questions)
- Q1. Self introducation
- Q2. Basic computer knoweldege
- Q3. Where are you from
- Q4. What is your educati૦n
- Q5. What is your experince
- Ans.
I have 5 years of experience working as an auditor in a public accounting firm.
Performed financial audits for various clients to ensure compliance with regulations
Conducted risk assessments and identified areas for improvement in internal controls
Prepared detailed audit reports and communicated findings to management
Collaborated with cross-functional teams to address audit issues and implement solutions
(1 Question)
- Q1. Basic interview
Interview Preparation Tips
- Shara project cliam
Audit Associate Interview Questions & Answers
Mercurius Advisory Services
Anonymous
posted on 19 Sep 2024
Easy. It was related to finance and other professional areas.
Interview Preparation Tips
Selected
I applied via Naukri.com and was interviewed in Sep 2023. There were 2 interview rounds.
(2 Questions)
- Q1. In detail experience of current & past assignment
- Q2. Self introduction
Interview Preparation Tips
I applied via campus placement at Institute of Chartered Accountant of India (ICAI)
(1 Question)
- Q1. CARO related questions
I applied via Naukri.com and was interviewed in May 2021. There were 5 interview rounds.
Interview Questionnaire
2 Questions
- Q1. Overview of audit
- Q2. Accounting journal entries, basic accounting knowledge
Interview Preparation Tips
Internal Auditor Interview Questions & Answers
Sharp & Tannan Associates
Anonymous
posted on 4 Apr 2024
(1 Question)
- Q1. Basic questions for background, salary exp, experience
(1 Question)
- Q1. Manager round. Questions are framed based on the various business processes.
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Rating in categories
|
Audit Assistant
40
salaries
|  ₹1.9 L/yr - ₹6 L/yr |
|
Audit Manager
22
salaries
| ₹4.8 L/yr - ₹10.8 L/yr |
|
Assistant Manager
21
salaries
| ₹5.4 L/yr - ₹15 L/yr |
|
Article Assistant
20
salaries
| ₹0.5 L/yr - ₹3.5 L/yr |
|
Qualified Assistant
12
salaries
| ₹5 L/yr - ₹10.6 L/yr |
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