What do you mean by vouching?


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More Audit Interview Questions

State which of the following are Cash transactions, and which are credit transactions: Questions Answers 1. Anil commenced business with Rs.10,000 2. Bought goods for cash Rs. 2000 3. Bought goods from Balaji on account Rs. 4000 4. Paid Balaji on account Rs. 500 5. Commission received Rs. 50 6. Commission due to Raj Rs. 100 7. Took Loan from Bank Rs. 20,000 8. Interest on loan due to the bank Rs. 200 9. Paid salaries Rs. 200 10. Sold goods for Rs. 1000 11. Sold goods to Eshwar on account Rs. 2000 12. Received from Eshwar on account Rs. 100

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I have received a sum of Rs.500 worth Bill from Vendor, which is relevent to 2004-05. But Outstanding Expenses not book during that Year? What is the Accounting Policies to book this expenses?

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Do you think Auditing job is very boring ?

3 Answers   Ernst Young,


Whats are the importance of evaluating an internal audit department?

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What is your major weakness?

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How to caculate assets?

1 Answers  


What are the basic steps to be taken by an auditor in order to express an opinion on client’s financial statements.

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1.How do you effectively solve Accounts problems 2. What was the most demanding / stressful situation that you have handled in your current capacity (Accountant):

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what is the reason for controls in an IS environment?

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WHAT ARE THE DOCMENTS TO BE READY FOR THE F/YEAR END AUDIT

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What do you find the most challenging in Accpuntant role

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Why do you want to work in audit?

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