Senior Financial Consultant
Senior Financial Consultant Interview Questions and Answers
Q1. What is your understanding about hedge fund companies and private equity companies
Hedge funds and private equity firms are alternative investment vehicles that pool capital from accredited investors.
Hedge funds use various strategies to generate high returns for their investors, such as long/short equity, global macro, and event-driven.
Private equity firms invest in private companies and aim to improve their operations and profitability before selling them for a profit.
Both types of firms typically charge high fees and have high minimum investment requirem...read more
Q2. What are the audit assertions
Audit assertions are statements made by management regarding the accuracy and completeness of financial information.
Existence or occurrence
Completeness
Accuracy
Valuation or allocation
Rights and obligations
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