Withum Smith+Brown Audit Associate Interview Questions and Answers

The work in progress formula calculates the value of unfinished goods or services in production.

• The work in progress formula is: Beginning WIP + Manufacturing Costs - Ending WIP

• Beginning WIP is the value of unfinished goods at the start of the accounting period

• Manufacturing Costs include direct materials, direct labor, and overhead costs

• Ending WIP is the value of unfinished goods at the end of the accounting period

The Gstr-3b due date is the deadline for filing the monthly summary return for GST.

• The Gstr-3b due date is usually the 20th of the following month.

• For example, if you are filing for the month of January, the due date would be February 20th.

• Failure to file Gstr-3b by the due date may result in penalties.

Experienced audit executive with a strong background in financial analysis and risk management.

• Over 10 years of experience in auditing and financial analysis

• Skilled in risk management and compliance

• Led successful audits for Fortune 500 companies

• Strong communication and leadership skills

• Certified Public Accountant (CPA)