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Y S Prasade & Co Auditor Interview Questions and Answers
Y S Prasade & Co Auditor Interview Experiences
1 interview found
Anonymous
I applied via Campus Placement and was interviewed in Mar 2023. There were 2 interview rounds.
(3 Questions)
- Q1. Say me about your self
- Q2. Say me something that is not in your resume
- Q3. Question regarding your educational background
Interview Preparation Tips
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Rajesh
Selected
(1 Question)
- Q1. About my self and my studies
(1 Question)
- Q1. Audit standards and revenue recognition
(1 Question)
- Q1. Last job change
- Ans.
I changed jobs six months ago to pursue a new opportunity in a larger firm.
Changed jobs for career advancement
Opportunity for growth and development
Transitioned to a larger firm for more resources and support
Selected
I applied via Approached by Company and was interviewed in Jan 2024. There were 4 interview rounds.
(1 Question)
- Q1. Standard discussion to judge skills and communication
(2 Questions)
- Q1. Basics of itgc and BCM
- Q2. Past experience
(1 Question)
- Q1. Detailed Internal audit
(1 Question)
- Q1. Salary discussion
Interview Preparation Tips
- Basics of internal audits
Badal Johry
Selected
I was interviewed in Mar 2024.
(2 Questions)
- Q1. What do you about compliance
- Ans.
Compliance refers to following laws, regulations, policies, and standards to ensure ethical and legal business practices.
Compliance involves adhering to laws, regulations, and industry standards relevant to the organization's operations.
It includes implementing policies and procedures to prevent violations and ensure ethical conduct.
Regular audits and monitoring are conducted to assess compliance and identify areas for...
- Q2. Types of complaince
- Ans.
Types of compliance refer to different categories of rules and regulations that organizations must adhere to.
Regulatory compliance - following laws and regulations set by government authorities
Industry compliance - adhering to specific standards and guidelines within a particular industry
Internal compliance - following company policies and procedures
Data compliance - ensuring the protection and privacy of data
Financial...
Diksha Dhingra
Selected
I applied via Referral and was interviewed before Jan 2023. There were 3 interview rounds.
(1 Question)
- Q1. HR round is too easy and around 95% people easily crack 1st round. There is only intro and few basic questions.
There is elimination in this aptitude test, if your eng grammar is average u can easily crack this round also. There are 3 rounds in the aptitude round.
(1 Question)
- Q1. This round is the most difficult. There are a lot of questions on random topics just to know the level of communication level u have.
Interview Preparation Tips
I applied via LinkedIn and was interviewed in Jan 2024. There were 2 interview rounds.
Lr eng quants acc...............
(5 Questions)
- Q1. Introduce yourself
- Q2. Walk us through your cv
- Q3. Why do you want to join audit .....
- Q4. Why do you want to join Deloitte
- Q5. What do you know about Deloitte
- Ans.
Deloitte is a multinational professional services network known for providing audit, tax, consulting, and advisory services.
Deloitte is one of the Big Four accounting firms in the world.
It offers services in audit, tax, consulting, and advisory.
Deloitte has a global presence with offices in over 150 countries.
The company is known for its expertise in various industries such as technology, healthcare, and financial serv
Selected
I applied via campus placement at St.Xaviers College, Mumbai and was interviewed in Oct 2023. There were 3 interview rounds.
Test included subject knowledge in accounting, finance, logical reasoning and basic maths
My topic was on Black and white
(2 Questions)
- Q1. Basic knowledge on +2 level accounts and personal questions
- Q2. What do you understand by BRS
- Ans.
BRS stands for Bank Reconciliation Statement, which is a statement prepared to reconcile the balance as per bank statement with the balance as per company's books.
BRS is used to ensure that the company's records match the bank's records.
It helps in identifying any discrepancies or errors in recording transactions.
Common items in BRS include outstanding checks, deposits in transit, bank charges, and interest earned.
Exam...
(2 Questions)
- Q1. What is materiality
- Ans.
Materiality is the concept of determining the significance or importance of an item or event in relation to financial statements.
Materiality helps auditors decide what information to focus on during an audit
It is based on the principle that only items that could influence the decisions of financial statement users need to be disclosed
Materiality is influenced by factors such as the size of the item, nature of the item,...
- Q2. Audit of revenue
(2 Questions)
- Q1. Where do u see yourself in 5 years
- Q2. Strength and weakness
Selected
I applied via LinkedIn and was interviewed in Feb 2024. There was 1 interview round.
(1 Question)
- Q1. IFRS Expertise Especially relating to IFRS 15, 16 and 17.
- Ans. Give the reference from practical experience
Interview Preparation Tips
Selected
I applied via LinkedIn and was interviewed in Apr 2024. There were 2 interview rounds.
Written test on the audit subject
(1 Question)
- Q1. Overall work experience
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