Personal Questions:
1) Introduce Yourself. (Prepare an answer well in advance, it is the most asked question)
2) Why did you choose CA as a career?
3) Tell us about your graduation (B com or other course whether distance or remote)
4) How did you find our firm?
5) Why did you choose Stat Audit/Direct Taxation/GST/Transfer pricing for domain?
6) Do you have any other questions regarding our firm? (Ask about the client base and
environment, make sure to go through a background verification before asking any question)
Advanced Accounts:
1) What are 3 basic accounting assumptions? (Accrual, going concern and Consistency)
2) Inventory questions based on AS-2 (Cash or NRV, etc)
3) Conditions for revenue recognition as per AS-9
4) Questions on Property Plant and Equipment as per AS- 10 (Accounting treatment of depreciation
as per Income Tax Act and as per Companies Act)
5) What is your favorite accounting standard (Pick one and prepare to say for a minute)
6) What is accounting entry of TDS?
Audit :
1) Pick up one Standard on Auditing (SA) and explain the same.
2) What is statutory audit and limits of applicability of the same. (Mandatory for Private Company)
3) CARO clauses and applicability (Most focused part)
4) SA 570 Going Concern
5) Question on types of opinion (Modified or Unmodified)
6) How do you start an audit of a company? (Calculating Materiality, vouching, etc)
Taxation :
1) What are the slab rates? (As per new regime/old regime and budget 2025)
2) Questions on TDS (Rates, limit of 194 Q, 194 A , 194 C, 194 J )
3) Questions on Chapter VI. (Deductions under 80 C, 80 JJAA, etc)
4) Revise the changes made as per New Budget 2025
5) Due dates of TDS return and Income Tax Return
6) Due dates of GSTR 3B , 2B and 5B.
7) What are the various cases of blocked credit?
8) What are the cases for RCM?
9) Questions on QRMP scheme.
10) Is TDS calculated on invoice amount inclusive or exclusive of GST? (It is calculated exclusive of
GST)