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WALKER CHANDIOK Consultant Interview Questions and Answers
WALKER CHANDIOK Consultant Interview Experiences
5 interviews found
Anonymous
Selected
I applied via Referral and was interviewed in Apr 2024. There were 2 interview rounds.
(1 Question)
- Q1. Tell me about yourself Caro 20 amendment Schedule 3 amendment
- Ans.
I am a dedicated and experienced consultant with a strong background in project management and problem-solving skills.
Briefly mention your professional background and experience
Highlight key skills and strengths relevant to consulting
Mention any specific achievements or projects that showcase your abilities
Discuss your passion for helping clients achieve their goals
(1 Question)
- Q1. Intro Few question
Selected
I applied via Walk-in and was interviewed before Aug 2023. There were 2 interview rounds.
(2 Questions)
- Q1. General experience questions & basics of the field
- Q2. Question related to field work
Question solving questions
Interview Preparation Tips
Mayank Jain
Selected
I applied via Referral and was interviewed before Oct 2022. There were 3 interview rounds.
(1 Question)
- Q1. Why do you want to join WCC?
(1 Question)
- Q1. What do you know about IndAS 116?
- Ans.
IndAS 116 is an accounting standard that governs the treatment of leases in financial statements.
IndAS 116 replaces the previous standard, IndAS 17, and requires lessees to recognize most leases on their balance sheets.
It distinguishes between finance leases and operating leases, with different accounting treatments for each.
Under IndAS 116, lessees must recognize a right-of-use asset and a lease liability for all leas...
Interview Preparation Tips
I applied via campus placement at Institute of Chartered Accountant of India (ICAI) and was interviewed in Nov 2021. There was 1 interview round.
(2 Questions)
- Q1. How we do audit of revenue
- Ans.
Auditing revenue involves examining financial records, verifying transactions, and ensuring compliance with accounting standards.
Reviewing sales invoices, receipts, and contracts to ensure accuracy and completeness
Comparing recorded revenue with supporting documentation to identify discrepancies
Testing the effectiveness of internal controls and procedures for revenue recognition
Analyzing revenue trends and patterns to ...
- Q2. What do you mean by KAM's
- Ans. Give complete details of SA 701
Interview Preparation Tips
- Auditing
- Financial Reporting
WALKER CHANDIOK interview questions for designations
Selected
I applied via Job Portal and was interviewed before Sep 2022. There were 3 interview rounds.
(1 Question)
- Q1. How do we test for completeness of asset
- Ans.
Completeness of assets can be tested by reconciling physical assets with recorded assets, conducting inventory counts, and reviewing documentation.
Reconcile physical assets with recorded assets to ensure all assets are accounted for
Conduct regular inventory counts to verify the presence of all assets
Review documentation such as purchase orders, invoices, and receipts to confirm the acquisition of assets
Perform random s
(1 Question)
- Q1. Personal questions
Top trending discussions
Interview questions from similar companies
I applied via Referral and was interviewed in May 2024. There was 1 interview round.
(5 Questions)
- Q1. Explain P2P Process in Accounts
- Ans.
P2P process in accounts refers to the procure-to-pay process, which involves purchasing goods or services and paying for them.
P2P process starts with the requisition of goods or services needed by a company.
Once approved, a purchase order is created and sent to the supplier.
Goods or services are received and an invoice is generated by the supplier.
The invoice is matched with the purchase order and goods receipt, and th...
- Q2. Deferred Revene and Expenditure
- Q3. Entries for Sales and Receivables
- Ans.
Entries for Sales and Receivables involve recording sales transactions and tracking amounts owed by customers.
Record sales revenue when goods or services are delivered to customers
Track accounts receivable to monitor amounts owed by customers
Reconcile sales and receivables to ensure accuracy of financial records
- Q4. Whats is the Payroll Entries you pass at the endof the month
- Ans.
Payroll entries include recording salaries, wages, taxes, and benefits for employees.
Recording gross wages for employees
Deducting taxes such as income tax and social security
Adding employer contributions to benefits like healthcare or retirement plans
Accruing vacation or sick leave balances
Adjusting for any bonuses or commissions earned
- Q5. What is the entry for purchase from Vendor before receipt of bill from them
- Ans.
The entry for purchase from Vendor before receipt of bill is a debit to Inventory and a credit to Accounts Payable.
Debit Inventory account for the cost of the purchase
Credit Accounts Payable to show the amount owed to the vendor
Once the bill is received, adjust the entry accordingly
Interview Preparation Tips
I applied via Referral and was interviewed in May 2024. There was 1 interview round.
(5 Questions)
- Q1. Explain P2P Process in Accounts
- Ans.
P2P process in accounts refers to the procure-to-pay process, which involves purchasing goods or services and paying for them.
P2P process starts with the requisition of goods or services needed by a company.
Once approved, a purchase order is created and sent to the supplier.
Goods or services are received and an invoice is generated by the supplier.
The invoice is matched with the purchase order and goods receipt, and th...
- Q2. Deferred Revene and Expenditure
- Q3. Entries for Sales and Receivables
- Ans.
Entries for Sales and Receivables involve recording sales transactions and tracking amounts owed by customers.
Record sales revenue when goods or services are delivered to customers
Track accounts receivable to monitor amounts owed by customers
Reconcile sales and receivables to ensure accuracy of financial records
- Q4. Whats is the Payroll Entries you pass at the endof the month
- Ans.
Payroll entries include recording salaries, wages, taxes, and benefits for employees.
Recording gross wages for employees
Deducting taxes such as income tax and social security
Adding employer contributions to benefits like healthcare or retirement plans
Accruing vacation or sick leave balances
Adjusting for any bonuses or commissions earned
- Q5. What is the entry for purchase from Vendor before receipt of bill from them
- Ans.
The entry for purchase from Vendor before receipt of bill is a debit to Inventory and a credit to Accounts Payable.
Debit Inventory account for the cost of the purchase
Credit Accounts Payable to show the amount owed to the vendor
Once the bill is received, adjust the entry accordingly
Interview Preparation Tips
Selected
I applied via LinkedIn and was interviewed before Apr 2023. There were 4 interview rounds.
(1 Question)
- Q1. Technical related
(1 Question)
- Q1. Technical round
(1 Question)
- Q1. Manager round and Last round before hr
(1 Question)
- Q1. General HR Round with discussion
Interview Preparation Tips
- Nothing
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WALKER CHANDIOK Interviews By Designations
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WALKER CHANDIOK Consultant Interview Process
based on 8 interviews
Interview experience
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WALKER CHANDIOK Consultant Reviews and Ratings
based on 30 reviews
Rating in categories
|
Consultant
218
salaries
|  ₹4.5 L/yr - ₹14.5 L/yr |
|
Assistant Manager
139
salaries
| ₹10 L/yr - ₹21 L/yr |
|
Senior Consultant
120
salaries
| ₹9 L/yr - ₹15 L/yr |
|
Manager
62
salaries
| ₹15 L/yr - ₹27.7 L/yr |
|
Associate Director
50
salaries
| ₹22 L/yr - ₹44 L/yr |
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