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I applied via Referral and was interviewed before Jul 2023. There was 1 interview round.
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
There are three golden rules of accounting: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.
These rules ensure that every transaction is recorded accurately and in a standardized manner.
For example, when a company receives cash fro...
GST stands for Goods and Services Tax, while TDS stands for Tax Deducted at Source.
GST is a consumption tax levied on the supply of goods and services in India.
TDS is a form of income tax that is deducted at the time of payment.
GST aims to simplify the tax structure and reduce tax evasion.
TDS ensures that the government receives tax revenue at the time income is earned.
I applied via Company Website and was interviewed in Jan 2021. There were 4 interview rounds.
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
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
I applied via Referral and was interviewed before Oct 2022. There were 4 interview rounds.
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
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
posted on 2 Jan 2021
Accounting is the process of recording, summarizing, and analyzing financial transactions and activities.
Accounting involves the systematic recording of financial transactions.
It includes the preparation of financial statements such as balance sheets, income statements, and cash flow statements.
Accounting follows certain principles and rules, such as the Generally Accepted Accounting Principles (GAAP) or International ...
I applied via Indeed and was interviewed in Mar 2021. There were 5 interview rounds.
I applied via Indeed and was interviewed in Jun 2021. There were 4 interview rounds.
Acconting Related Question such as Purchase entries, Sales Entries, Basic Accounting
Aptitude Questions, Numerical Ability Questions, Non-Verble reasoning Questions
I applied via Referral and was interviewed before Feb 2023. There was 1 interview round.
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Business Analyst
103
salaries
| ₹1.1 L/yr - ₹2.5 L/yr |
Credit Analyst
25
salaries
| ₹1.4 L/yr - ₹3 L/yr |
Team Lead
25
salaries
| ₹1.8 L/yr - ₹3.1 L/yr |
Audit Executive
14
salaries
| ₹1 L/yr - ₹2.4 L/yr |
Credit Processing Associate
8
salaries
| ₹1.2 L/yr - ₹3.7 L/yr |
RSM India
Ryan
NAV Backoffice
Bluechip Corporate Investment Centre