| Other Audit Interview Questions |
|| Asked @
|What is the reason(s) for leaving your present employment
|Whether the term loan which was long term as on Mar-11, but
now it is short term due to its repayment within one year
from the reporting period. Whether it should be classified
as short term borrowings or other current liabilities as per
Revised schedule VI.
|Had I imported two items one is custom duty free and
another is with custom duty. Whether I can sell the custom
duty free item with the custom duty or not.
|A company paid Mr.R an advance payment of Rs 5000 as tour
allowance. After the tour R, submitted travel bill with a
expense of Rs3000. He return Rs 1000 and claimed to pay the
rest 1000 on a future date. Please pass the journal entries.
|Describe a time when u have taken on a particularly
challenging or stretching target. What made it so
nchallenging for u?
|what is the abervation of tds
|If my basic salary is Rs 15000/- Pf is deducted on capping
of 6500/- ie 780/- per month. If I work for 20 days and
then my basic salary comes to rs 10000/- which is still
higher than minimum limit of Rs 6500/-.Please suggest PF
deduction will be 780/- or lower based on 6500x20/30x12%
|What is Asset Revaluation? and when it is required?
|what is the balance sheet
|if accountant miss the journal entry of outstanding
expenses. since its is a error of omission it cannot affect
the Trial Balance how we auditor find it out.
|Audit evidence obtained directly by the auditor will not be
A) the auditor lacks the qualifications to evaluate the
B) it is provided by the client's attorney.
C) the client denies its veracity.
D) it is impossible for the auditor to obtain additional
|7. Sarbanes-Oxley requires auditors of public companies to
maintain audit documentation for what period of time?
A) Not less than 3 years.
B) Not less than 5 years.
C) Not less than 7 years.
D) Through the issuance of the financial statements.
|For more Audit Interview Questions Click Here |