1.

When preparing for an interview, consider the following steps:

Research the company and familiarize yourself with its services; avoid mentioning that
you gathered information solely from your LinkedIn profile.
Be ready for basic HR questions such as "Tell me about yourself" and "Where do you see
yourself in five years?"
Brush up on your knowledge of Indian Accounting Standards (Ind AS) and review
Accounting Standards (AS) as well.
Conduct mock interviews with friends or individuals knowledgeable in the field to
alleviate any interview-related apprehension.
Following these steps can enhance your readiness for the interview process.

2. Hello, I wanted to share my recent interview experience and offer some advice that I
believe could benefit us all in our job search endeavors.
I recently had an interview for a Financial Analyst role at Amazon and wanted to share
some insights with you all. Firstly, the interview heavily focused on both resume-specific
questions and behavioral inquiries. It became clear to me that thorough preparation in
these areas is crucial for success.
Here are some key takeaways from my interview experience:
Resume Preparation: The interviewers delved deep into my resume, asking detailed
questions about my experiences, skills, and accomplishments. It's essential to have a
clear understanding of every aspect of your resume and be ready to discuss each point
in depth.
Behavioral Questions: The interview included several behavioral questions to assess
how I've handled various situations in the past. These questions often start with phrases
like "Tell me about a time when..." or "Describe a situation where...". It's essential to have
specific examples ready and to structure your responses using the STAR method
(Situation, Task, Action, Result).
Based on my experience, I highly recommend dedicating time to thoroughly prepare for
these aspects of the interview process. Here are some tips:
Review Your Resume: Go through your resume meticulously and be prepared to discuss
each bullet point or experience in detail. Think about how each experience has
contributed to your skills and qualifications for the role.
Practice Behavioral Questions: Take some time to brainstorm examples for common
behavioral questions and practice articulating your responses. Focus on highlighting
your skills, accomplishments, and problem-solving abilities in each scenario.
Mock Interviews: Consider arranging mock interviews with friends, family, or career
advisors to simulate the interview experience and receive feedback on your responses.

3. Yesterday I went for an interview, Interviewer asked for her student to bring the
Companies Act book and then she told me to refer the sections 185 and 186 and then
she gave me one case law as follows
Company has given the following loans
Mr.A(Director)- 1 lacs
Mr.B(Father in law of Mr.A)- 4 Lakhs
ABC and Co(Partnership Firm where A is a partner)- 1.5 Lakhs
Where company has
Paid up share capital- 1 Lakh
Reserves and surpluses- (0.25 lacs)
Securities Premium- 0.75 lacs
Is there any non compliances? How to report them?

4. Helo everyone, this is Vinay. I've recently gave few interviews and want to share my
experience with you so it will be helpful.
1. XXX company - Statutory Audit Role - The questions are mainly focused on IND AS ,
Cash flows. Even in IND AS, focus on 115, 116, 109, Taxes. Get Prepared for journal
entries from basic s to advanced.
The main problem I've gone through is I was not able to recollect the correct entries
while interview. It's okay you no need to answer every question of them even u don't
know answer.
They mainly test on confidence levels and ability to grasp things based on ur past
experience.
2. XXX Co, - Internal Audit Department - Interviewer ka main focus is on how much
depth you know about a particular process like P2P, O2C etc., and in which industries
you have worked in like manufacturing, Pharma etc. Next comes to your skills on risk
identification and control recommendations. Some questions on GST, TDS implications
and how you will clear them. And again your experience matters here also.
3. XXX Co. - Financial Controller or Regulatory Reporting role - Focus is mainly on Sfm
related topics like Options, futures & diff between them. About the share market. About
gama, Tita, delta in sfm. About sensex , nifty. Linked with your experience.
Here I'm just sharing technical points as the general bio & experience will differ to
everyone and it has to be articulated on their own pace.
Hope this is helpful
Thank you.

5. I had interview for FP&A role,

I was asked following questions
Ind AS
Ind As 115 5 step model
Ind AS 116 Lease and lesse accounting for finance and operating lease
Ind As 2 methods recommended, valuation on closing date
Number of Ind AS
Ind AS 38 Research expenses recognition
Ind AS 36 How do you Impair an asset, Discounting rate used, No of years for
Discounting
Schedule 3 format
Auditing
Assertions
Cut off date method of checking
Others
Tell me about family
What position you see yourself in 3 years
Difference between MIS and schedule 3
Cashflow accounting

6. Recently few months back i have attended pwc sdc (contract role)
They asked following questions
1. What are cash and cash equivalents
2. Audit procedures if external confirmation not received
3. Eps and diluted eps
4.impairments and factors
5. Audit of trade receivables
6.Assertions and types
7. Cut off procedures
8.Deferred revenue
9. Contingent liability and examples and how you disclose
10. Ind as 115 model
11. Tell me about yourself
12. Do you have any questions?
Even though it is Audit role they asked majorly FR related

7. Major Areas I had encountered in my interview are IND AS,IND AS vs AS,caro

requirements,internal controls limits,Excel formulas,email writeup

8. I made my interview in IDT domain...which was quite cool.....i had little practical
experience and have great bookish knowledge which helped a lot in attaining...for some
of the litigation and notices questions i replied that i did not know the answer because i
was not into that work before and they accepted .....for IDT domain...knowing the act is
fine...and some little experience in gst returns.....if u dont know any question...you need
to tell them that u dont know.....but do not tell them wrong answer where interviewer
will form negitive opinion on you.....out of 10 questions i answered 7 questions correctly,
2 questions i did not answer ...and remaining one 50 50 answer ....after an hour i got a
mail that i have selected ......atleast 75 percent of the questions has to be answered
correctly with confidence...

9. Hii Everyone, Recently I went to Interview for one Construction Company in the
Domain of Internal Audit, This is the summary of My Interview
1. Most of the Questions are asked from My Resume only, So everyone Please have a
Conceptual Knowledge on the things You mentioned in the Resume
2. Interviewer asked for the IND AS 115 Five Step Model and some Journal Entries (Now
a days IND AS115 & IND AS 116 became Favourite for all the Interviewers, So Just Go
through once whenever You are going for the Interview)
3. Next question is about the P2P, H2R, O2C and the Difference between O2C and R2R,
4. some Questions is about the what controls you will use against the payment to
fraudulent invoices, unauthorized purchases, and Additions and deletion to the fixed
assets
5. Some question on 269SS, and 269ST In income tax act (Since the same is mentioned
in my resume)
6. Difference between Cash flow and Funds Flow
7. How u will select the sample size and how to determine the materiality and also how
you will determine the significant accounts
8. Internal Financial Controls applicability
9. Recent Changes I Schedule III and CARO
10. Last some General Questions like what is your accompolishments, Strengths,
Weakness, Where do u want to see yourself after 6 years, what is your carrer objective.

Hope this will help. all the best everyone😊😊😊

10. Hello guys

I soma harish recently attended interviews mostly they will
1).check your appearance be mandatorily in formals and clean shave
2).communication should be good to make them that your are so confident
3).mandatorily read and go TDS provisions in DT and GST in IDT and go through
revenue recognition mandatorily in FR IND AS 115 and Few other IND AS
4).Mainly go through company profile based on that you prepare your resume and make
sure you are perfect on what you mentioned in resume
5). Never compromise in package because you are Qualified CA Industry always needs
skilled professional and you are one among them
Also from now they will be asking few key takeaways from budget...So just have a glance
about it

11. Hi,
My Interview related questions are based on
1. CARO
2. TDS
3. GST mainly ITC related
And based on my resume points
12. Hi all
I have attended an interview for the Internal audit domain
- After 6-7 questions were covered based on ur resume and experience, they asked me
what were the major problems or issues in India for the last 10 days
- And also how do u think that AI tools will affect our profession
- And how do u update yourself on all the recent amendments

Hope this helps thank you 😊

13. Hi all, I attend the interview for Grant thornton(US tax domain) they asked me 4562
form related, M-1,M-2,M-3 adjustments, Defered tax liability journal entries,k-1K-2,1065
pages 1125-A

14. Hello everyone, I attended Wipro GFL tech round 1 today. Hope below point would
be helpful to you:
1. Even though it was tech round, interviewer started asked HR questions about why I
should hire you, what value addition can add to the customers of wipro, what do you
know about wirpo
2. He asked me about myself. And the next 15-20 mins went based on what I spoke.
Questions were framed based on what I spoke. Please be mindful and alert of what you
speak
3. He also asked about budget updates, which thanks to admin, I brushed up on it at the
last minute.
4. He gave me scenarios on Ind AS 115, basic journal entry, and one case where we have
to say what value addition we can do in a material stock statement that we received
from the vendor

15. Role: MIS reporting, year end financials closing, financial analysis, gst, sap transition
Interview questions:
1. GSTR 1 vs GSTR3B. What and why reverse charge mechanism and give examples? Is it
applicable for goods also? What is the recent amendment in GST?
2. Explain about your tax audit experience and tax litigation cases you have done.TDS
rates & basics of statutory dues.
3. Golden rules & accounting assumptions. Journal entry for asset sold and salary paid.
Accounting vs accountancy
4. What do you know about dividend as per companies law? Can an Indian branch route
its dividend to its head office in a foreign country as per FEMA? Applicability of
maintenance of accounting records in a branch when the HO is outside of India.
5. Importance of audit trail as per organisation and auditor perspective.
6. Budgeting vs forecasting.
7. How would you rate yourself in Excel and explain a few functionalities?
8. Expected compensation and why do you think you're worth Rs.XYZ figure you quoted?

16. Hello everyone today I attended for an interview of IKF housing finance following
questions there asked him
1. About myself
2. IND AS 109,115,116
3. Schedule 3
4. WHAT is NPA
5. ABOUT THE COMPANY
6. What is IRR

17. Hello everyone

Today i have attended an interview of a top manufacturing company
They asked me about the processes of manufacturing, cost structure of components,
industry specific inventory valuation methods relating to the sectors that i have
mentioned in my resume. Even i got a question relating to the quantity of inventory
manufactured in a year
If we are mentioning about tax audit then we should be prepared for the question on tax
audit clauses (numbers) and the same with the CARO 2020
Just i have mentioned about GST audit, they asked me the questions on the litigation
process wrt GST and how to deal with the notices
They asked me about the habit of reading news paper
So let's be prepared about the sectors that we are mentioning in the resume in detail
from the process of manufacturing to sale.

All the best👍

18. Questions asked in TP Technical Round in PwC & EY!!
1. What do you mean by transfer Pricing?
2. What's the need of TP?
3. What are International transactions and Associated
Enterprises with some examples and section no. ?
4. What is TP documentation and it's Rule no.?
5. Explain the flow of TP study- Headings only.
6. What is Form 3CEB and when is it required to be filed?
7. What do you understand by Master file and CbCR?
8. What are Specificied Domestic Transactions and its limit?
9. Types of methods for computing ALP with a 1-2 line summary for each method's
application.
10. What are OECD Guidelines and BEPS Action plans?
11. A few case studies were asked, for eg. if A sells good to 3rd party at 100 and to its AE
at 120, what will be the ALP? This case scenario was changed and asked in different
situations
12. The assessment flow from AO TPO to CIT/DRP to ITAT along with time limits.
13. A few case scenarios were asked for different methods.
14. Thin Capitalisation
15. Secondary Adjustment
16. TP Documentation - Section 92D & Rule 10D
17. Safe Harbour Rule
18. What is FAR Analysis
Also Read 2-3 TP Reports before the interview, Read the latest judgement on Transfer
Pricing.
Read withholding tax rules and limits

19. Interview Experience:

Role: Record to Report Role at a Tech Company
1. *Introduction:*
 - Tell me About yourself
- Why our company not big 4
- Why you want to start your career in finance
- Why not in statutory audit
- Are you ok with working for long hours
- Are you ok with doing ground level works like reconciliations, filing returns etc
- What are your Salary expectations
2. *Finance Knwledge:*
- What is 5 step revenue model
- Entry for free sample distribution
- Difference between Deferred revenue and unbilled revenue
- Revenue recognition: scenario-based questions for CIF and Ex-factory
- Difference in Depreciation as per Companies Act and IT Act
- TDS u/s 194 R and 194 Q
- Last date to claim GST refund
- Whether ITC is eligible or not in specific cases mostly asked from 17 (5)

Role: Finance Manager Role at a Tech Startup

1. *Introduction:*
- Tell me about yourself and take us through your Resume
- What do you know about our company
- What motivates you to join our company
- Why you want to choose finance as a career and where do you want to see in the next
two years
- What are your salary expectations
2. *Finance Knowledge:*
- What is cash flow statement
- Where do you show net income in the cash flow statement
- Our startup is having a financial crunch, how do you manage the cash crunch?
- How will you project the financials for an early startup with no historical data
 - TDS compliances on payment to a seller
- What is cash conversion cycle

20. Budget Highlights

key highlights of interim budget 2024 (for interview purpose guysss🧐)

1) pradan mantri awas yojana wherein 2 crore houses are to be built for people in the
coming 5 years. How to avail the benefit of pm awas yojana is take a home loan
government will give subsidy i.e. it will waiver some part of amount
2)no changes in income tax slab rates.
3) foreign direct investment stood at 596 billion dollars which is twice compared to 14-
15
4) direct tax collections increased thrice during these 10 years
5)40000 normal train bhogis will be converted to vandebharat bhogis which is a good
initiative
6) the average income of the individual has been increased by 50 percent
7) ayushman bharat scheme will be applicable for anganwadi workers also which
includes health coverage schemes
8)mudra loan has been given to 30 crores women will be continued to be given. mudra
loan is given to people who want to start ssmall business. it is given upto 10 lak rupees.
overall it has given 43 crores including men and women.
9) for public transport purposes government is going to buy electrical buses which
increases efficiency and reduce pollution
10) 149 airports(small to big) will be built in the coming years
11)1000 plus aeroplanes are ordered which increase air transport facility
12)new IITS/IIITS/AIIMS/universities are to be built in coming years
13) roof top solar subsidy program( solar installation at our home roof top) to be given
for 1 cr individuals. if this is taken by individual upto 300 units no charges
14) development of 3 railway corridors
15) 12 crores farmers got benefitted through runam/loan and 4 crore farmers got rythu
bheema. for 12 crore farmers govt. has given financial assistance
16) 24-25 estimated budget Rs.47.66 laks crores.
21. IndAS Related Questions

Applicability of IND AS (limits) - Do you know the thresholds that trigger the application of Ind AS?

✔️CSR provisions and Sections 185 and 186 of the Companies Act, 2013 - How well-versed are you
with the CSR provisions and the implications of Sections 185 and 186?

✔️Methods for Calculation of Inventory (IND AS 2) - Can you explain the different methods for
inventory calculation under Ind AS 2?

✔️Impairment - What is impairment, and how is it recognized in the financial statements?

✔️Revenue Leakage - How would you ensure there is no revenue leakage in the organization?

✔️Five-step model for IND AS 115 - Can you walk me through the five-step model for revenue
recognition under Ind AS 115?

✔️Practical Expedient to IND AS 116 - In which situations can the organization apply the practical
expedient to Ind AS 116?

✔️Lease Accounting under IND AS 116 - How has Ind AS 116 differentiated lease accounting, and in
what respect?

✔️Diluted EPS and Anti-dilute - Can you explain the concept of diluted EPS and what is meant by anti-
dilute?

✔️Handling Mismatched Balance Confirmation - How would you handle a mismatched balance
confirmation during a trade receivables audit?

✔️Grant Date as per IND AS 102 - What is the Grant date as per IND AS 102?

🔹 PS: This is not an exhaustive list of questions, but it gives you an idea of what kind of questions
you’ll face in the interview.

🔹 Commonly referred Ind AS for reading: IND AS 115, IND AS 116, IND AS 19, IND AS 37, IND AS 33,
IND AS 102, IND AS relating to financial instruments can help you to crack interviews easily.

22. They ask you Ind As

And Journal entries
Definitions of
Investment company
Deferred revenue expenditure
Deferred tax assets or liability
Accrural concept
Going concern concept
Derivative instrument

1.IndAs Component accounting

2.Ind As 2 inventories-Effect of cash flow statement if inventory written off
3.tds 194 Q and 206(1h)
4.pay back period
5.how to calculate IRR
6.43b Expenses allowed on payment basis
7. GST Blocked credit
8.Finacial asset
9.Internal controls over financial reporting
10.recent changes in schedule 3 of companies act

*Technical round*

1. About the orientation programme conducted one day before the interview
2. Introduction that includes articleship experience, roles and responsibilities, industries and clients
served, how big the clients are, areas worked
3. About planning and according to you tell the top 3 important activities in planning
4. Controls design effectiveness and controls operating effectiveness
5. Identified control deficiency which the client also agreed to, what are your next steps, what if the
client doesn't agree??
6 . Select one FSLI and explain the assertions of the same and how you would test them
7. PPE deletions testing
8. About Impairment
9. About EPS
10. Example based questions on dilutive EPS and antu dilutive EPS
11. How will you distinguish principal and agent
12. Given examples related to job work and asked whether it's principal agent relationship, and if yes,
who is principal and who is agent
13. Journal entry testing

*HR Round*

Firstly, introduction

1. What did you come to know about Deloitte from the orientation programme?
2. Why Deloitte but not PwC (as I did articleship from PwC) ?
3. Do you know your job responsibilities?
4. Why CA?
5. What did you like about Deloitte?

*Partner round*

1. Introduction
2. Why not continue in PwC (as I did articleship from PwC)?
3. Industry of the client that you spent most of your time during articleship
4. What are the significant risks in that client??
5. How did you address those risks during the audit??,
23. Big 4 top Questions (Techinical)

Technical Questions :
Can you please explain me what do you understand from the audit cycle/process in
brief?
What is materiality and why it is relevant for audit/What is the use of materiality in
Audit?
How is materiality being calculated? Considerations while calculating materiality?
a) Have you done/heard of controls testing/ IFC in audit? What is it and why it is
important?
b) Is there any reporting requirement for IFC in audit?
What is the impact on your audit if the controls are not operating as expected/intended?
Will you qualify your audit report directly?
What were the key observations which you identified during your articleship and how
you handled them? What was the final outcome of those?
a) What are key differences between Ind AS 116 and erstwhile IND AS 17. b) ROU and
Lease liabilities concept/calculations c) 2 Exemptions provided by Ind AS 116 ie. Short
term leases and Low value leases d) Whether the concept of finance lease and operating
lease still there in Ind AS 116?"
a) Read IND AS 115 thoroughly and how it is appliable for the industry/sector you have
worked on.
b) What is the 5 step revenue recognition model as per Ind AS 115?
c) Methods of revenue recognition - ie. Point in time and Over time - when which
method is applied - 3 conditions.
d) Assertions covered while testing revenue and what procedures do you perform while
testing revenue/those assertions.
e) Cut off procedures - basic Journal entries for cut off."
Audit procedures for a) PPE (useful lives - Schedule II), Depreciation calculation.
b) Trade receivables (including ageing and provision for doubtful debts/ ECL model),
c) Payroll and
d) Revenue testing - Whole process is very very very important but The que mentioned
below is something where many candidates get stuck. Please Don't consider that this is
the only question which will be asked in revenue. Que - How can you ensure that
revenue is not fraudulent or has occurred in real ?
Ind AS 109 - not the whole IND AS but you should be aware of following at minimum
(anything more you can do is anytime better):
a) What do you mean by Financial instruments?
b) Basic accounting - like discounting, Amortizing/unwinding of the liabilities and
recording interest on regular basis
c) Basic Journal Entries
d) Expected credit loss concept

24. 1 - CARO 2020 - key differences between CARO 2020 and 2016? Say que may come
like - Tell me any 2 or 3 differences or can be on any specific change as well.
2 - Whether CARO is applicable for Audit report on consolidated financial statements.
1 - CARO 2020 - key differences between CARO 2020 and 2016? Say que may come like -
Tell me any 2 or 3 differences or can be on any specific change as well.
2 - Whether CARO is applicable for Audit report on consolidated financial statements.
Schedule III Amendments - key changes.
Types of audit reports, opinions and situations when you issue different reports
Limited review (LR) - what are some of the basic differences between LR and Statutory
Audit
1 - Procedures performed for testing the cash and bank balances?
2 - And what procedures you would perform to ensure these balances actually exists
and are not fudged?
Alternate procedures for confirmations not received - receivables, payables and
Specifically Bank? Also what you do after receiving the confirmations?
What are Audit Assertions/Financial Statements Assertions/Balance sheet and
Profit and Loss statement Assertions? How is it classified?
Explain Income Statement Assertions.
Explain Balance Sheet Assertions.

25. What is RAP (Risk Assessment Procedure)?

What is included in Risk Assessment Procedures?
What is Audit Risk? Types of Audit Risk?
What is IFCR (Internal Financial Control Over Reporting)?
Difference between Internal Audit and External Audit?
What do you understand by Materiality? How and on what basis an auditor assesses
materiality? Components of Materiality? Why Performance Materiality is set? What do
you understand by clearly Trivial Threshold? (Mandatory ques -Go through entire SA-
320)
What is the Risk of Material Misstatements? What would you do when you identify any
material misstatement?
What is the first step you take when you start Audit of a new client?
What are substantive Audit Procedures?
Explain in brief what is Audit opinion and types of Audit Opinion?
What is Internal Audit?
What are controls? How are they different from Procedures?
What are the objectives of the entity behind the imposition of controls?
Benefits of Understanding of Internal Control? Limitations of Internal Control?
What are the deficiencies of control (Specifically asking about Design
Deficiency and Operating Effectiveness)?
What are preventive, Detective Control? Give an example.
What is CARO? No. of clauses in CARO 20? New Additional clauses in CARO
What are Fixed Asset clause in CARO 20?
What is sampling? How do you choose samples? Sampling Methods?
What do you mean by Nature, Timing and Extent of Audit?

26.
27. Deloitte USI
"I. Deloitte USI-
1st Round (tech.): Tell me about yourself and articleship exposure, asked about some
specific assignments in CV, difference between stat audit and LR, asked about which AS I
am comfortable with... so he asked questions on AS 2- "" How to value RM and WIP if the
NRV of final product is lower than its cost?"", AS 16- ""in case of general borrowings,
what will be the treatment of incidental income arising on un-utilized funds?"", ""How
will you check the completeness and correctness of debtors and creditors?"" and "" How
will you reconcile bank a/c at the year end"".
2nd Round (tech.): Tell me something not mentioned in CV, who is harsh as a person,
digged into each and every assignment mentioned in CV and started cross questioning
(continuous questioning... trying to check confidence and stress mngmt.)[tough round]
3rd Round (HR): basic round asking about me and my family background.
"Tell me about yourself
Why Deloitte usi, why not Deloitte India
Difference between Ind AS 16 and AS 10
What do you understand by impairment
How goodwill is impaired?
How to verify bank balance? Will u check all the bank accounts if there are 1000+ bank
accounts?
MATERIALITY- its meaning, how is it determined, how to decide the exact percentage,
how to choose which element should be used as a benchmark
Every line of work done mentioned in my CV was being asked to explain."
"1. Run me through your CV?
2. Elaborate in detail your Stat Audit experience?
3. Component Accounting with some specific cases you capitalise.
4. Diversion in and out cases of NTPC.
5. Case Scenarios based on Ind AS 115.
When to recognise revenue?
6. Depreciation is a provision or not?
7. Vendor Discounting as per Ind AS 109.
8. CASH Flow hedge as per 109.
9. Various models for measuring financial assets."
"1.Tell me about yourself.
2.Do you know about Deloitte USI and the Job Profile?
3.Interviewer asked Do you remember my name? (He told his name while giving
induction)
4.Asked about my role and position during articleship
5.Any achievements during articleship
6.How will you do Audit of Sales and Purchases?
7.How will you ensure that the inventory is valued correctly and also which method to
be used for valuation of inventory
8.What's the difference between AS-2 and Ind As-2?
9.Asked a practical question for valuing inventory i.e gave some situations of Finished
goods and WIP and Raw material.
10.Define PPE? (Ind AS-16), capitalization of PPE(practical question).
11.Which expenses are to be added to PPE while doing capitalization?
12.Recognition criterion of PPE as per IND AS-16
13.Define Intangible Assets as per Ind AS-38.
14.Recognition criterion of Intangible Assets
15.Practical question of Intangible Assets including expenses incurred to be added or
not in the value of Asset.
16.Whether amount paid by the company for the customer base while acquiring a
company will be classified as intangible asset or not.
17.Ind as -115 apportionment of transaction price (how will you apportion transaction
price if a chair is given free with a table)
18.Your profile is of taxation and we are hiring for Audit. Prove that you will be capable
of doing the task given tp you?
19.Why should we hire you?
20.Why do you think Deloitte will be a stepping stone for your career?
21.Why do you want to join Deloitte?
22. Any questions from your side?"
"HR Questions:
Tell Me about yourself?
Why Banglore?
Why not join with dad in UAE?
Why leave Europe and come to India to pursue CA?

28. Technical Questions:

Absorption Costing VS Marginal Costing Major Differences?
Major difference between Ind as 116 and Ind as 17?
Major changes in New CARO 2020 points?
SA 700 SA 705 since it was mentioned in my CV.
Ind As 115 5 step model detailed explanation since it was again in my CV.
Questions around my CV regarding my work experience and achievements.

29. Hello everyone

Today I had attended interview for a midsize firm located in Chennai.
Firstly they asked to give a brief about myself and my Articleship experience.
Next the interviewer started to ask questions:
How do you conduct audit corporate entities?
How do you recognise revenue for Corporate entities?
CARO 2020
Amendments in Schedule-III
Tax Audit for all business entities,3CA,3CB&3CD
Difference in charging depreciation between Companies Act and Income tax Act?
After technical questions he asked me about after hiring you how it will be advantage to
the organisation?
Also he asked me why are interested to join in CA Audit firms why are not interested to
join in Industry?
He asked for commitment to the organisation.
Finally after 15 mins of discussion he stressed and asked are you interested in Big4 and
have you applied for Big4?
If you get a chance work in Big4 will you utilise the opportunity?
Theses are the questions I faced in today interview.
I hope this might be helpful to the group members.

30. Hello everyone, I was given an interview for the Deloitte India- Risk advisory role.
IMP Note- THEY WILL ASK QUESTIONS FROM YOUR ANSWERS.
Total 2 rounds.
1. Tell me about yourself.
2. What is the difference b/w Risk and Control.
3. Difference b/w Auditing and Taxation.
4. Give me 1 Eg of control that you applied in Audit, taxation and accounting.
5. How you conduct statutory Audit.
6. What is IT Audit.
7. What happens if an IT Audit is not conducted in an organization and what are its
impact.
8. What are softwares you know in IT.
9. How will you approach when you don't get required information.
10. What do you know about Deloitte.
11. Who are its competitors.
12. Which is the leader among these and in what aspect it is leader.
13. Why did you choose this domain.
14. What is the job profile.
15. What is waterfal mechanism.
16. What is NAV.
17. How do you prepare financial statements.
18. What are your hobbies( I said cooking ,watchingmovies and webseries).
19. Then he asked what did you cooked recently.
20. What types of webseries you watch( I said Suits,Bilions etc)
21. Then he asked what is your favorite character in suits ( I said Harvey specter)
22. He asked why not Mike ross is your favorite character(another character in suits)
23. He asked what are the works does that firm takes.
24. Both the interviewers asked me any questions from your side , I asked both of them
what was their experience in Deloitte.
V.IMP- Be prepared for everything that you mentioned in your resume and answer the
question with specied answer only when you know about it clearly.if you don't know
answer for any question just say that you Don't know and most importantly Don't bluff
when you don't know the answer.

31. Questions are based on aptitude,reasoning,ability,general awareness,accounting and

finance related, Tax and GST based questions like new regime, gst forms and tax invoices

32. Accenture : ind as on foreign exchange, revenue, treatment of forex gains and losses

33. For Deloitte USI the questions will be basically on Assertions as we do

documentation of every item on basis of audit objective and assertions to be tested.

34. Ind AS 115 & 116 materiality, sampling are major focus for fresher

And don't forget to ask questions to your interviewer as this shows your interest in
company and the questions can be of your growth in company and regular/ typical day
in the organisation
35. 4 rounds
1. Technical
2. HR
3. Versant (English n soft skills)
4. Partner or MD
You can even add that they can quote examples from practical training that they applied
for better edge
From one of the Telugu CA

36. I've attended PWC SDC interview, topics asked were around revenue recognition,
how to identify high risk journal entries(possible fraud) etc.
For statutory reporting in EY GDS.
They ask questions related to IFRS of fixed assets, leases and some basic journal entries

37. Hi bro, if any of those Accenture roles is for CFM Analyst, I can be of some help, as far
as I remember regarding the interview questions, since it's an entry level position, they
might be touching basic accounting concepts, Revenue recognition principles, Cash Flow,
Working capital, Depreciation, Amortisation etc.. And definitions and concepts of
Budgeting, Forecasting, Variance Anlaysis.. And finally one very popular interview
question among CFM workforce is "What would be Inventory for Service sector say for a
Consulting company like Accenture".. That's all I can give as interview inputs, since it's
been almost 3 yrs, I can't remember much..

Thanks😊

38. Vendanta limited - Mgmt Trainee

Interview questions :-
about yourself
Ratios - current ratio / Debt service coverage ratio
cashflow & fair value hedge - treatment
Deferred tax assets examples
How ur profile helps us / in a mfg company like us
resume - based on experience/ areas worked in
What do u know about our company
Difference b/W IFRS & INDAS carve in & carve outs
Basis for Forecasting
Audit findings in articleship
IRR/ NPV / payback periods
strengths and areas of improvement

These are my KPMG Interview questions

Audit risk and type of audit risk, how to reduce audit risk
How to audit Trade receivable?
Different b/w I internal audit n statutory audit?
Type of audit opinion?
Audit assertion?
Different b/w amortization n Dep?
Article ship experience
External confirmation
What is a Financial instrument n related Ind AS?
What is Going Concern and examples – case scenario can be asked.
Subsequent Events
Materiality
Cut Off Procedures
Ind AS 115

39. Basically there will be a partner/senior managers round directly in campus

interviews for 30 min
Need to confident enough and be Frank if we don't know we can say let me go through
this.

40. Hi, I've selected to accenture through campus interview

My interview was pretty basic , communication and soft skill testing
They didn't went deep into the discussion
They would only ask us about our previous work exp
Just that we need to confidently articulate it to them

41. Coming to Aster DM, we have three rounds: One is with the respective manager
(FPnA, Audit, Business Finance and Control, Treasury, Oracle and Corporate Finance,
Unit Finance heads), Post that CFO round, Last or in between one HR round

42. Hi I have attended only L&T Interview out of the above list and for L&T it was long
back and not for CA profile.
Further they asked me about GST Ind As, AS and Costing related topics as my job role is
Management Trainee and I am a Qualified CMA at that time.

43. Infosys sap : what is your understanding of sap and erp

Can you work in non accounting or auditing background and if so why are you
interested in this role
Simple journal entries on depreciation and fixed assets

44. EY GDS - Ind as , Inventory verification, Trade receivable verification, Revenue

verification, how can u solve a problem when there is a challenge during audit and basic
audit topics

45. Hi Vinay, Sure definitely, Currently I was working at EY GDS, In my Interview they
tested mainly on INDAS - 116, 115, Assertion, control testing. Thank you

46. Hii vinay, Great work you are doing

Oracle: mostly related to indas, basic costing and P2P,O2C cycles

47. These were the questions asked for Assurance senior role to me me for fresher
position:
Fr:
1. Tell me about indas 115
2. What are the conditions to classify lease under indas 116
3. Is TATA dish and installation single performance obligation and why
4. How do you say multiple performance obligations as single or distinct

Audit
1. What is audit risk
2. How do you check controls
3. As A team have you ever messed up your work and how did you settled them
4. Do you know something about CRA ( I don't know what it is)
5. What is planning materiality and performance materiality?
Some cv walkthrough
40 min interview

48. Hi vinay
I got the EY GDS offer from our campus placement
Below are my experiences on EY GDS
Interview experience : Based on my interview and few of my colleagues I understand
that they will test the candidates on core audit concepts like materiality and few major
accounts testing such as AR and Cash, most importantly they cross question us and give
a hypothetical situation based on our answers to test the level knowledge we have on
the audit. Few questions were relates to personality test like how will you manage a
team where one one particular team member not working properly,etc
Once we qualify the technical round we are almost selected because the next one is HR
round'll they just ask personal details.
And finally to my knowledge there might be some gap between the package what we
see in campus placement description and actual offer ( Actual offer will be little low), it
was happened during my campus placement time, not sure about present situation
Work experience: Tbh I expected more exposure in audit
But in reality GDS has less scope because we are at gds don't have direct connect with
the client. Onshore team will have the connect and share details to us
So we work on that.
I little disappointed for this.
But I must tell at GDS also we have certain teams where GDS take up the whole audit
wherein onshore role is minimal. But it's our luck to be part of that teams/ audits.
One more thing, We have busy for 1st 3 months of ghe year during this period work will
be hectic.

Remaining months it's normal and sometimes no work also..😅

Hikes and bonus are annual basis, which are decent and it's based on our feedback.

49. Tell about yourself

why you left within short period in past company ? What is the issue ?
1.Ind as 115 revenue recognition five steps ?
2. How many clauses are there in caro 2020?
Tell me count of caro 2020 clauses
3.tell me any 5 clauses in caro 2020 and explain me ?
4.clause 7 caro 2020
Statutory dues for disputed and undisputed how to report and with in how many
months or there is any time gap for reporting?
5.what is SA 200 ?
6. Tell me about going concern when we need to report?
7.whether we need to repor in audit report if there is no issues regarding going
concern?
8.tell me whether you will issue caro report for consolidated financial statements ? And
which clause in caro 2020 speaks about this ?
9.tell how many standards are there in audit ? Total count of all audit standards?
10.tell me about control testing and IFC?
11.practical question -
Suppose there is deficiency in operation of controls and management knows about the
controls are deficiency but they are following same controls
As an auditor you found this issue in your audit then how you will deal with this issue ?
12.in which area or industries you worked ?
I said I worked in real estate and software
He asked what is the important area in software company audit ?
13.how auditor will be appointed and term of the auditor ?
14.Whether the term will be same for individual and firm?
15.How do you report fraud and wht is the limit ?
16 in which section you will report fraud in companies act and caro 2020?
17 I think you have friends in all big four why didn't you tried in other big4s ? Why
especially Deloitte?
18 how is your previous manager?
19 will you join again or you will work again with your previous manager if you get
chance in previous company?
20.Do you have any questions?

Ivi deloittte India statutory audit ki adigaru bro

50. Ey gds, kpmg global asked regarding articles

1. What is the biggest challenged faced in articleship?
2. report to record
3. how to check closing stock
4. what procedures you follow regarding sampling

51. For EY GDS

Go through each and every word mentioned in the resume. And if possible read IFRS.
Be prepared to HR round in campus. Max clearly will be done here.

52. For PWC SDC and all

Common questions will be related to materiality and assertions.
Not to demotivate but for further shortlisting GDS use number of attempts

53. 1. Tell me about your self

2. What is internal audit
3.what is internal control
4. what is business process
5.Asked me to tell of any three amendments in taxation law w. ref.to finance act 2023
6. which standard deals with revenue recognition
7. Title of the standard Ind As 115
8. Asked core principle of revenue recognition
9. steps to conduct audit of the HR process ?

54. Deloitte... Internal audit domain

Many questions asking on the basis of previous answer we give.

55. EY GDS concentrate Sampling topics and materiality ones

GDS interview topics
Assertions (most important)
How to perform Walkthroughs for all major processes
Audit risk and it's components
Audit opinions
Risk assessment
Interviewer may ask to explain audit process by giving any on FS caption - Revenue, Cost
of Sales, Investments, Cash, Debtors, Capital & Reserves
ICFR
ECL
Revenue recognition steps
Investment valuation hierarchy
What steps to be taken if errors found in test of details
TOD/ Analytical procedures
Rebuttable presumption of risk in revenue
Brief about SOX
Materiality - Types and determination
Revenue / Expenses - How do we ensure completeness
Peculiar thing you have noticed in any of industries exposed to during articleship.
Journal entry testing and why do we perform it?
How IFRS is different from US GAAP
Letter of Representation
Audit report and contents

56. Hi Vinay , I am working in Accenture in RTR profile (As a CA Fresher)- For interview
I think they might ask below questions based on my recent interview with this
company:
1.About Yourself
2. What do you know about Accenture
3. Accounting concepts like Deferred revenue , Accrual , Amortization
4. Accounting standard knowledge check
5. Ask for consent for working From 5PM to 2 AM SHIFT
6. Regarding what is RTR , What are the activities involved in RTR. Etc.
7. Interview will be easy if it is RTR (may be little tricky if it is FP &A)
8. Software knowledge check - Oracle/SAP and Excel and prior experience in accounting.
Note :Shift time may change ( Based on their Project/Client Location ) and Above
questions are for RTR process only (not for FP & A)

57. Glad to share my experience through this platform.

I have given an interview in Deloitte India, the technical round for the Stat audit.
Unfortunately or fortunately, I have not got selected. Through my experience, I can tell
that they have asked completely technical and if you have answered it, they keep raising
ques from the answer given by you. So, learn the concept in depth and make sure when
you are using a technical word, you have some knowledge about it. Be confident. Kindly
practice once, the basic things like introduction, etc., It's been very long that we haven't
attended an interview and also to speak in English. We may mumble but make sure to
practice ahead.
Audit assertions, standards, audit risks and audit controls
But basically it depends on the role and previous articleship experience
Pwc India

58. Shell :
GD round - Latest topics in news (Mine was CA vs MBA in 2018)
Interview -
1. Need to solve few Financial Reporting questions before interviewer (this depends on
role which they are interviewing for, difficulty level - Moderate)
2. Questions about any audit during your articleship - Further questioning will be there
based on previous answers, So be thorough with experience mentioned in CV.
3. Questions about Financial Reporting
4. Challenges faced during articleship
I cleared both rounds and selected for the role : Specialist - Local Statutory Reporting.
Hope this helps for freshers. All the best

59. Accenture:
Simple Interview:
-Mostly articleship based questions apart from that Journal entries, month close entry
questions, In IND AS 115 and 116.
Work:
-5 day work week plus 45 days additional leaves.
-You won't feel like a CA here. Same work is performing by MBA s and graduates around
you.
-Try asking details about your role.
Based on that make a decision

60. Accenture will ask mostly on fundamentals if the work role is RTR like Basic
principles of accounting, Golden rules,
provision concept
matching concept
accrual concept
Bank reconciliation items
General ledger vs sub ledger
Examples of General ledger and sub ledger
Prepaid expenses and their accounting treatment

61. In Accenture, if they are attending for Client Financial Management role, questions
will be on Ind AS 115
1.What are the steps for recognizing revenue?
2. If client pays amount in advance, how do you recognize revenue ?
Ind as 115 Paine adugutharu
Examples ichi ela recognize chestharu ani
Working capital : unbilled services + receivables

62. Hi, I am working at Accenture. I can share my experience. I tried Accenture off
campus. I am working for Finance Role. There will be 2 rounds of interview. Technical
and HR. In technical round they asked me regarding Accruals definition, reason for
Accruals, journal entries and impact on balance sheet.They tested me on prepaid as well.
So mainly it is regarding Financial reporting. They asked whether in past have I worked
on monthly reporting. Am I comfortable in working with UK/US shifts.
Other round is HR. In that they asked my package expectations and informed how much
they are willing to pay.
Apart from this there will be 2 tests based on English, Excel and General questions.

Thank you.

EY GDS

Mostly basic audit, (materiality, planning materiallity,

Assertions, service auditor,
Opinion, types of opinion) accounting like(lease, revenue, financial instruments)
Rest will be as per ur resume,
What audits u done,
How u handle teams if there is any time constraint,
If team itself is problem how u handle it,

How do u perform stock audit,

What do u know about big4 work culture,
How u r going to adapt in it.
And some like this
For EY
In Accenture, I have attended for RTR role. What they generally ask is few basic
accounting entries like accrual, provision, bad debts, write off entries. Need to know
accounting concepts like reserves vs provision, Intercompany accounting basic entries,
Financial statements understanding, Ind AS important standards like Ind AS 115. All
these will be enough for interview in Accenture. Should be able to explain our
Articleship work.

For Caterpillar, Statutory COE role is for mainly preparation of Financial statements. I
have done this work for 2 years. So they will ask questions on IND AS no doubt. Also FS
related questions need to prepare. Amendments to Caro is important.

In Oracle, I have attended interview for Revenue accounting team. So all they asked to
me was Unearned and Unbilled revenue concepts and entries. Ind AS 115 is important.
Good understanding on items of income statement and BS is important.

Accenture Interview Questions

1.Company's Turnover, Net Income

2.Accounting Standards we have applied during articleship.
3.Excel Shortcuts you know and used so far
4. what is Zero Coupon Bonds & It's Journal Entries
5.Hedge Accounting & Derivatives
6.Bank Reconciliation Statement
7.Cash Flow Statement
8.What is Impairment & Journal Entries
9. Ind As - 115 + Warranty Journal entries
10.Financial Instruments - Classification methods(Amortised cost/FVTOCI/FVTPL) for
Financial Assets, Liabilities & Specifically for Equity Instruments with its Journal
Entries.
11.Indas- 116,21,12,36,7,38,16,110,103.

Deliotte USI - FP&A roles ki

1.Tell me about yourself

2.Why do you want to join us
3. INDAS 115,116
4. Types of audit report
5. Tell me a situation in your articleship where you went a mile ahead and supported the
client

KPMG FINANCE AND REPORTING ROLE

1)Tell me your self.
2)Asked questions related to experience mentioned in resume.
3)Why u want to join in kpmg
4)Financial ratios
5) what are reports do u need to find the reason why sales are decreasing complared to
previous period.
6)what are things we need to check the accuracy of ppe account balance.
7)Some case scenarios on it
8)Excel formulas
9)How u handle work pressure
10)Some journal entries
11)Ind as 21 question
12)And other basic questions

Whether they are asking or not, during the self introduction say that Short term
goal is to part of your organisation and Long-term goal is to be in comfortable
position in next 5yrs.

Pwc SDC campus

1. Tell me about yourself is to be prepared well

2. Articleship experience
3. Behavioural questions
4. Audit Assertions
5. Ind AS 115,116
6. Ammendments of Balance sheet and P&L in companies Act
7. knowledge about the company
8. Vision and Mission of your career

EY GDS

1. Please be clear on what you mentioned in the resume

2. interview will be mostly takenb by manager level
Questions wil be mostly in an around below topics
1. Cash assertions
2. AR & AP assertions
3. consider having one real case scenario for the above one’s
4. Revenue recognition as per IND AS and Clear on the 5 step model - case study based
question wil be asked
5. leases and the effect of change and real case scenarios if any
6. financial instruments basics and hedge accounting

Finally Articleship experience and any challenges that has been resolved by you.

-Be confident while projecting yourself to interviewer

Hello everyone ,sharing my interview experience with

Entust software &services pvt ltd,chennai

Role : financial analyst

-Tell me about yourself

-family background
-articleship experience
1.what is accrued expense
2.diff b/w accrued expense and prepaid
3.type of leases and accounting of those
4.what is prime cost
5.sunk cost
6.oppurtunity cost+example
7.cost reduction+example
8.diff b/w cost control and cost reduction with examples
9.factory cost
10.cash flow statement
11.deferred tax and accounting of DTA and DTL
12.resume related questions...

Attended an Interview today for MNC- Tech based company- for Financial Analyst
My interview questions are-
Entry for Prepaid Expenses
Where prepaid Expenses are classified in Balance sheet
What are Accruals?Difference between Accruals & Provision for Accruals?
What is deferred Tax? How you ascertain it?
Entry for Inception of Lease.
The steps to ascertain outstanding Balances of Debtors?
Payroll processing - How will you do?
What is Impairment?
Internal Audit - What are your findings and what you suggested for those?
How will you take GST Input (VAT)
How will you rate yourself on scale of 1-5 on Microsoft Excel?
What will be your take - If client comes with a certain Tax amount only paid by them.

I attended on campus interview for EY GDS Bangalore location

Interview went for Around 40 minutes

Mainly audit And ind as 115

Topics:
1 Materiality
2 Walk-through
3 BRS
4 Audit risk and it's components
5 Audit of particular items like cash and bank, fixed assets, payroll, trade receivables, etc
with particular assertion like existence, etc

U need to create impact in the first half time where it is mainly theory based if u r weak
in practice and be conscious of words u use they will ask u further practical questions
based on ur answers
And don't forget to use key words like subsequent receipts audit, etc where ever
required