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Veeraraghavan & Company Accountant & Audit Interview Questions and Answers
Veeraraghavan & Company Accountant & Audit Interview Experiences
1 interview found
I applied via jobhai and was interviewed in Feb 2024. There were 3 interview rounds.
It was good and excellent
Good and excellent i liked that too and the questions were also basic .
(3 Questions)
- Q1. Very good and fantastic i like it
- Q2. What is debtors ?
- Ans.
Debtors are individuals or entities who owe money to a company for goods or services provided on credit.
Debtors are recorded as accounts receivable on a company's balance sheet.
They represent the amount of money owed to the company by customers or clients.
Debtors are an important part of a company's working capital and cash flow management.
Examples of debtors include customers who have purchased goods on credit, client...
- Q3. Describe the heads of Income as per Income tax?
- Ans.
Heads of Income as per Income tax are categories under which income is classified for taxation purposes.
There are five heads of income: Salary, House Property, Business or Profession, Capital Gains, and Other Sources.
Salary includes income from employment.
House Property includes income from rental properties.
Business or Profession includes income from business activities.
Capital Gains includes income from the sale of c...
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I applied via Referral
Interview Questionnaire
1 Question
- Q1. Tell me about yourself.
Interview Preparation Tips
Senior Associate Interview Questions & Answers
Escalon Business Services
Anonymous
posted on 9 Mar 2021
I applied via Naukri.com and was interviewed in Feb 2021. There was 1 interview round.
Interview Questionnaire
1 Question
- Q1. Accouting concepts Accural Accouting, Depreciation, B/Sheet, P&Loss
I applied via Company Website and was interviewed in May 2021. There were 4 interview rounds.
Interview Questionnaire
2 Questions
- Q1. Regarding tax
- Q2. Self intro
Interview Preparation Tips
I applied via Indeed and was interviewed in Mar 2021. There were 5 interview rounds.
Interview Questionnaire
1 Question
- Q1. Basics of Accounting, starting from book keeping to financial statement analysis and bank reconciliations
Interview Preparation Tips
Interview Questionnaire
1 Question
- Q1. Obs noted in audit
- Ans.
Observed discrepancies during audit
Noted inconsistencies in financial records
Identified errors in inventory management
Observed lack of adherence to company policies
Discovered security vulnerabilities in IT systems
Interview Preparation Tips
I applied via Campus Placement
Basic questions related to time, distance etc. speed is the most important part for this.
Normal group discussion based on a particular topic
(1 Question)
- Q1. They will test your basic knowledge in programming language and some coding
(1 Question)
- Q1. Behavioural questions
(1 Question)
- Q1. Purchase checklist in manufacturing entities
- Ans.
A purchase checklist in manufacturing entities ensures all necessary items are acquired for production.
Identify required raw materials and components
Check inventory levels to avoid overstock or stockouts
Verify supplier credentials and negotiate prices
Ensure timely delivery schedules are met
Monitor quality of purchased items
Selected
I applied via Referral and was interviewed before Oct 2022. There were 4 interview rounds.
(4 Questions)
- Q1. Tell me about yourself
- Q2. Share experience
- Q3. Salary expectation
- Q4. Work location is fine to you?
(4 Questions)
- Q1. Best audit remarks discovered till date
- Ans.
One of the best audit remarks discovered was related to identifying a significant financial discrepancy in the company's revenue recognition process.
Identifying a significant financial discrepancy in revenue recognition process
Highlighting potential risks in the company's financial reporting
Providing recommendations for improving internal controls
- Q2. Why want to join in audit
- Q3. Types of audit done
- Ans.
Types of audit include financial audit, operational audit, compliance audit, and forensic audit.
Financial audit: examines financial statements to ensure accuracy and compliance with laws and regulations
Operational audit: evaluates the efficiency and effectiveness of operations within an organization
Compliance audit: verifies adherence to laws, regulations, and internal policies
Forensic audit: investigates potential fra
- Q4. Fine with job Location
(2 Questions)
- Q1. Fine with job location
- Q2. Excel expertise
Interview Preparation Tips
Senior Associate Interview Questions & Answers
Escalon Business Services
Anonymous
posted on 24 Sep 2024
Selected
I applied via Approached by Company and was interviewed before Sep 2023. There was 1 interview round.
(2 Questions)
- Q1. Journal entries related to deferred revenue, accrual
- Q2. Journal entries related to recording of expenses and incomes
Interview Preparation Tips
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Veeraraghavan & Company Accountant & Audit Interview Process
based on 1 interview
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