#Learnings
Big 4 Audit Interview Questions
Additions: Audit /Assurance Questions
Materiality
Performance materiality
Amortisation vs impairment
Indications of impairment
How to audit cash and bank balance
How to audit fixed asset
Capitalisation of interest on loan taken for construction of fixed asset
Fundamental assumption
Components of cfs
Going concern
Materiality
Analytical procedure
Diluted eps
Audit procedure of sundry debtors
Audit opinion
Subsequent event
Controls(with example)
Articleship experience
Explain trail for audit of Payroll
Tell me about yourself
Recent ammendment in Financial reporting including Schedule III
Diff between banks and NBFC
Scope of Ind as 115
Audit procedure for debtors
Credit default swap
Why stat audit
Comfortable working in deadline
SAs : 200 240 265 500 501 560 570 700 701 705 706
Revised Schedule III Changes
Covid Impacts on Ind as
Big 4 Audit Interview Questions
Additions: Audit /Assurance Questions
Materiality
Performance materiality
Amortisation vs impairment
Indications of impairment
How to audit cash and bank balance
How to audit fixed asset
Capitalisation of interest on loan taken for construction of fixed asset
Fundamental assumption
Components of cfs
Going concern
Materiality
Analytical procedure
Diluted eps
Audit procedure of sundry debtors
Audit opinion
Subsequent event
Controls(with example)
Articleship experience
Explain trail for audit of Payroll
Tell me about yourself
Recent ammendment in Financial reporting including Schedule III
Diff between banks and NBFC
Scope of Ind as 115
Audit procedure for debtors
Credit default swap
Why stat audit
Comfortable working in deadline
SAs : 200 240 265 500 501 560 570 700 701 705 706
Revised Schedule III Changes
Covid Impacts on Ind as
#Learnings
Corporate and International tax Questions
Dtaa related, make available clause
Tax updates especially wrt new portal
Oecd basics
Litigation over a topic u have handled, related case laws and positions
Tds,especially 195, 194-O
Any advisory handled with relevant positions handled
Recent amendments
Private trust and public Trust tax implications in case of transfer of property
Equalization levy
Recent judgements
Budget 2022
Budget 2022 Highlights : https://youtu.be/ohYCKE--TUg
# Last Campus interview Questions
1.Questions on pgbp, capital gains, articleship experience in tax, international taz questions
2. You need to be thorough with logics
3. They won't ask plain provision
Like they asked the logic behind grandfathering provisions
4. Why indirect transfer was bought by the government
5. Difference between slump sale and demerger
6. Indirect transfer, questions on 195, deemed income
7.Different bw sec 43a and 43aa
8.Explain vodafone case (this was asked after I was asked my opinion on sec 9)
9.Different b/w professional service and technical services
10.Some set off and carry forward question in which there is a change of ownership
#in one of the Big 4interview
in Direct Taxation profile : it's not only about Direct tax, they do focus on International Taxation.
Basically there were more questions on technical knowledge of International Taxation. questions
Difference between POEM and PE.....Types of PE some technical question on POEM and PE
Charging section
Internal transfer pricing
MLI
Difference between DRT & CIT(A)
Advance tax provision
Recent changes in assessment procedure
Faceless assessment
Amendment in sec 147
Budget amendment
AAR
DTAA
Section 80M
Interpretation of provision of 234C
BEPS, tax treaties, model tax convention are important chapters for interview.
#Hiring
📍For PSU Jobs related Updates Connect on Youtube :
https://youtube.com/c/AkshitSomani
❤️ Share Our Channel Link with your friends:-
T.me/CA_jobss
Corporate and International tax Questions
Dtaa related, make available clause
Tax updates especially wrt new portal
Oecd basics
Litigation over a topic u have handled, related case laws and positions
Tds,especially 195, 194-O
Any advisory handled with relevant positions handled
Recent amendments
Private trust and public Trust tax implications in case of transfer of property
Equalization levy
Recent judgements
Budget 2022
Budget 2022 Highlights : https://youtu.be/ohYCKE--TUg
# Last Campus interview Questions
1.Questions on pgbp, capital gains, articleship experience in tax, international taz questions
2. You need to be thorough with logics
3. They won't ask plain provision
Like they asked the logic behind grandfathering provisions
4. Why indirect transfer was bought by the government
5. Difference between slump sale and demerger
6. Indirect transfer, questions on 195, deemed income
7.Different bw sec 43a and 43aa
8.Explain vodafone case (this was asked after I was asked my opinion on sec 9)
9.Different b/w professional service and technical services
10.Some set off and carry forward question in which there is a change of ownership
#in one of the Big 4interview
in Direct Taxation profile : it's not only about Direct tax, they do focus on International Taxation.
Basically there were more questions on technical knowledge of International Taxation. questions
Difference between POEM and PE.....Types of PE some technical question on POEM and PE
Charging section
Internal transfer pricing
MLI
Difference between DRT & CIT(A)
Advance tax provision
Recent changes in assessment procedure
Faceless assessment
Amendment in sec 147
Budget amendment
AAR
DTAA
Section 80M
Interpretation of provision of 234C
BEPS, tax treaties, model tax convention are important chapters for interview.
#Hiring
📍For PSU Jobs related Updates Connect on Youtube :
https://youtube.com/c/AkshitSomani
❤️ Share Our Channel Link with your friends:-
T.me/CA_jobss
#Learnings
Cohort's Interview Experience
Sharing the Experience of One of the Tech Company's Cohorts Recruitment Process
1. Assessment Test
Test was in 2 parts
20mks (12m Technical+8m English)
20mks Ind As+DT+SFM
If you want to get idea about logical+english part refer to engineer interview prep questions for that particular company
2. Technical Interview Round 1
-Family detail (give brief info abt who all are in your family, what they do)
-Mostly grilled me on Articleship experience:
+Companies in which sector you worked most.
+What makes them different in terms of accounting
+What is treatment in consolidation & SFS, in case of internal transfers
+Strength/weakness, your achievement, why you took attempt in CA final/ipcc etc.
+Which profile out of 7 you are interested in and then asked why
3. Technical Interview Round 2
-Tell me about yourself
-Based on introduction, I was asked few general questions
-Do you have any questions
- Interviewer briefed me about himself
- Tell me why Us (so I said that it's values matched mine)
I told one of the values as building trust with clients so interviewer asked me "How you build trust?"
so be ready to answer based on what you say confidently.
-Why IT industry, why not other/Big4
-How do you recognise revenues in long term contracts.
If you're opting for FP&A profile then other methods like based on time & material method knowledge is recommended
4. HR Interview Round
-How is the weather in your city
-Tell me about yourself
-What is one thing unique about you / thing which no one knows
-Are you ready to relocate
-Has someone in your family moved somewhere/ have you ever moved anywhere
(This round is also elimination round)
#Hiring
📍For PSU Jobs related Updates Connect on Youtube :
https://youtube.com/c/AkshitSomani
❤️ Share Our Channel Link with your friends:-
T.me/CA_jobss
Cohort's Interview Experience
Sharing the Experience of One of the Tech Company's Cohorts Recruitment Process
1. Assessment Test
Test was in 2 parts
20mks (12m Technical+8m English)
20mks Ind As+DT+SFM
If you want to get idea about logical+english part refer to engineer interview prep questions for that particular company
2. Technical Interview Round 1
-Family detail (give brief info abt who all are in your family, what they do)
-Mostly grilled me on Articleship experience:
+Companies in which sector you worked most.
+What makes them different in terms of accounting
+What is treatment in consolidation & SFS, in case of internal transfers
+Strength/weakness, your achievement, why you took attempt in CA final/ipcc etc.
+Which profile out of 7 you are interested in and then asked why
3. Technical Interview Round 2
-Tell me about yourself
-Based on introduction, I was asked few general questions
-Do you have any questions
- Interviewer briefed me about himself
- Tell me why Us (so I said that it's values matched mine)
I told one of the values as building trust with clients so interviewer asked me "How you build trust?"
so be ready to answer based on what you say confidently.
-Why IT industry, why not other/Big4
-How do you recognise revenues in long term contracts.
If you're opting for FP&A profile then other methods like based on time & material method knowledge is recommended
4. HR Interview Round
-How is the weather in your city
-Tell me about yourself
-What is one thing unique about you / thing which no one knows
-Are you ready to relocate
-Has someone in your family moved somewhere/ have you ever moved anywhere
(This round is also elimination round)
#Hiring
📍For PSU Jobs related Updates Connect on Youtube :
https://youtube.com/c/AkshitSomani
❤️ Share Our Channel Link with your friends:-
T.me/CA_jobss
#Learnings
Big 4 Audit Interview Questions
Additions: Audit /Assurance Questions
Materiality
Performance materiality
Amortisation vs impairment
Indications of impairment
How to audit cash and bank balance
How to audit fixed asset
Capitalisation of interest on loan taken for construction of fixed asset
Fundamental assumption
Components of cfs
Going concern
Materiality
Analytical procedure
Diluted eps
Audit procedure of sundry debtors
Audit opinion
Subsequent event
Controls(with example)
Articleship experience
Explain trail for audit of Payroll
Tell me about yourself
Recent ammendment in Financial reporting including Schedule III
Diff between banks and NBFC
Scope of Ind as 115
Audit procedure for debtors
Credit default swap
Why stat audit
Comfortable working in deadline
SAs : 200 240 265 500 501 560 570 700 701 705 706
Revised Schedule III Changes
Covid Impacts on Ind as
Other Amendments
Share link with friends
T.me/ca_jobss
Big 4 Audit Interview Questions
Additions: Audit /Assurance Questions
Materiality
Performance materiality
Amortisation vs impairment
Indications of impairment
How to audit cash and bank balance
How to audit fixed asset
Capitalisation of interest on loan taken for construction of fixed asset
Fundamental assumption
Components of cfs
Going concern
Materiality
Analytical procedure
Diluted eps
Audit procedure of sundry debtors
Audit opinion
Subsequent event
Controls(with example)
Articleship experience
Explain trail for audit of Payroll
Tell me about yourself
Recent ammendment in Financial reporting including Schedule III
Diff between banks and NBFC
Scope of Ind as 115
Audit procedure for debtors
Credit default swap
Why stat audit
Comfortable working in deadline
SAs : 200 240 265 500 501 560 570 700 701 705 706
Revised Schedule III Changes
Covid Impacts on Ind as
Other Amendments
Share link with friends
T.me/ca_jobss
#Learnings
Last attempt Wipro Cohort's Interview Experience
Sharing the Experience of One of the Tech Company's Cohorts Recruitment Process
1. Assessment Test
Test was in 2 parts
20mks (12m Technical+8m English)
20mks Ind As+DT+SFM
If you want to get idea about logical+english part refer to engineer interview prep questions for that particular company
2. Technical Interview Round 1
-Family detail (give brief info abt who all are in your family, what they do)
-Mostly grilled me on Articleship experience:
+Companies in which sector you worked most.
+What makes them different in terms of accounting
+What is treatment in consolidation & SFS, in case of internal transfers
+Strength/weakness, your achievement, why you took attempt in CA final/ipcc etc.
+Which profile out of 7 you are interested in and then asked why
3. Technical Interview Round 2
-Tell me about yourself
-Based on introduction, I was asked few general questions
-Do you have any questions
- Interviewer briefed me about himself
- Tell me why Us (so I said that it's values matched mine)
I told one of the values as building trust with clients so interviewer asked me "How you build trust?"
so be ready to answer based on what you say confidently.
-Why IT industry, why not other/Big4
-How do you recognise revenues in long term contracts.
If you're opting for FP&A profile then other methods like based on time & material method knowledge is recommended
4. HR Interview Round
-How is the weather in your city
-Tell me about yourself
-What is one thing unique about you / thing which no one knows
-Are you ready to relocate
-Has someone in your family moved somewhere/ have you ever moved anywhere
(This round is also elimination round)
#Hiring
📍For PSU Jobs related Updates Connect on Youtube :
https://youtube.com/c/AkshitSomani
❤️ Share Our Channel Link with your friends:-
T.me/CA_jobss
Last attempt Wipro Cohort's Interview Experience
Sharing the Experience of One of the Tech Company's Cohorts Recruitment Process
1. Assessment Test
Test was in 2 parts
20mks (12m Technical+8m English)
20mks Ind As+DT+SFM
If you want to get idea about logical+english part refer to engineer interview prep questions for that particular company
2. Technical Interview Round 1
-Family detail (give brief info abt who all are in your family, what they do)
-Mostly grilled me on Articleship experience:
+Companies in which sector you worked most.
+What makes them different in terms of accounting
+What is treatment in consolidation & SFS, in case of internal transfers
+Strength/weakness, your achievement, why you took attempt in CA final/ipcc etc.
+Which profile out of 7 you are interested in and then asked why
3. Technical Interview Round 2
-Tell me about yourself
-Based on introduction, I was asked few general questions
-Do you have any questions
- Interviewer briefed me about himself
- Tell me why Us (so I said that it's values matched mine)
I told one of the values as building trust with clients so interviewer asked me "How you build trust?"
so be ready to answer based on what you say confidently.
-Why IT industry, why not other/Big4
-How do you recognise revenues in long term contracts.
If you're opting for FP&A profile then other methods like based on time & material method knowledge is recommended
4. HR Interview Round
-How is the weather in your city
-Tell me about yourself
-What is one thing unique about you / thing which no one knows
-Are you ready to relocate
-Has someone in your family moved somewhere/ have you ever moved anywhere
(This round is also elimination round)
#Hiring
📍For PSU Jobs related Updates Connect on Youtube :
https://youtube.com/c/AkshitSomani
❤️ Share Our Channel Link with your friends:-
T.me/CA_jobss