Interview question senior auditor

Balance of Payment
Balance of Trade
Incremental Budget
Appropriation
Re-Appropriation
Good Governance
Reasons of Corruption
and mostly experience related.
1- Define Audit2- What is the distinction between auditing and accounting?
3- Why is there a need for an audit?
4- Scope of Audit5- Internal Control
6- Audit risk
7- Unqualified Opinion
8- Qualified Opinion report
9- Disclaimer of Opinion report
10- Adverse Opinion report
11- What are the different types of audit?
12- Internal control,
13- Types of Audit by Organization Structure
14- Functions and Duties of an Auditor15- Voucher
16- Vouching
17- Internal Audit
18- External Audit
19- Internal Control
20- Qualities of an Auditor
21- Before and After Audit Measures
22- Audit Report and its type
23- Audit Opinion
24- Appointment of an Auditor
25- Performance Audit
26- Regulatory Audit:
Accounting
1- Accounting
2- Types of Accounting
3- Financial Accounting
4- Cost Accounting
5- Difference b/w Accounting, Finance & Economics
6- Deferred Taxation
7- Depreciation
8- Types of Depreciation
9- Accumulated Depreciation
10- Ratios
11- Accounting Cycle
12- Accruals
13- Deferrals
14- Balance Sheet Items
15- Charts of Accounts
16- Appropriation Accounts
17- Lease (Operation and Finance Lease):
18- Budget Types (Deficit / Surplus) Zero Budget , Sales Budget, Production Budget
19- Adjusting Entries
20- Closing Entries

21- Financial Statements

Economics
1- Economics:
2- Micro Economics:
3- Macro Economics:
4- National Income:
5- GDP
6- Factors of Production
7- Economics Indicator
8- Fiscal Policy
9- Monetary Policy
10- Trade Deficit
11- Budget Deficit
12- Balance of Trade
13- Balance of Payment
14- Direct Taxation
15- Indirect Taxation
16- Progressive Taxation
17- Regressive Taxation
18- Proportional Taxation
19- Budget 2015-16 (4.6 Trillion)
Taxation
1- Tax: Cost of services rendered by the state
2- Withholding Tax: A withholding tax, also called a retention tax, is a government
requirement for the payer of an item of income to withhold or deduct tax from the
payment, and pay thattax to the government.
3- Salary Rates
4- Sales Tax
5- Property Tax
6- Capital Gains
7- Tax of AOP and Individuals
8- Companies Taxation
9- WHT Agent
SECP / Incorporation of Companies
1- What is a company
2- Company Incorporation procedure:
3- Types of Companies
4- Limited Companies (Listed and Unlisted)
5- Private Limited companies
6- Parents Companies
7- Subsidiary company
8- Sister Company
9- Dividend
10- Premium
11- Collateral Security
Miscellaneous
1- Self Introduction
2- Self Experience
3- Strength & Weaknesses
4- Family backgroundx
5- Difference b/w Accounting & Finance
6- Difference b/w Accounting & Audit
7- Difference b/w Economics & Finance
8- Difference b/w Accounting & Book keeping
9- Appropriation & Re-appropriation of Accounts
10- Good Governance

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11- Reasons for Corruption

12- ERP
Define Accounting, auditing, finance, difference, direct and indirect tax, fiscal policy,
expenditure, what finance manager do, what auditor do, what account do.
Hedging and types
Economics definition according to robin
How pak economy progressing
Export and payment balances
Diffrrence between business economics and economics
What are the legal requirements for opening
LC
How export impact pakistan economy
Why pak economy is not taking the effects of decreasing oil prices
what is Rent theory
1. So where do u belong to?
2. What have you done, educationally an professionally?
3. What is B.O.Q and does it have any relationship with buildings?
4. what are determinants of economic growth?
5. Factors of productions?
6. How would you know that an economy is growing?
7. What is AGPR?
8. What is the function of AGPR?
9. What is meant by durable items in economics?
10. Deficit financing, good or bad?
And 4-5 other questions that i forgot.
what is finance in broader mind? how many types?
what is financial risk management? how is it works?
objectives of state bank of pak.
difference b/w public finance and development finance
what are the huge economics problems in pak
Introduction
experience
Accounting and Auditing Definition & Difference
Types of Audit
Audit Report
Tax related questions,
Withholding Tax Agent
Mini Budget
Zero Budget
Budget
Deficit budget
Inflation
Company Rules related question
Types of companies, Joint Stock etc.
Dividend, Zero Dividend, Minus Dividend
Regular & Irregular Audit and difference
what is material mix variance
2nd (CMA)
how to calculate materiality
how many ways to calculate materiality
Inflation kia hai?
nahi elaborate kerain k inflation may kia hota hai
is waqt kia rate chal raha hai
ideal rate kitna hai
is say oper ho tou kia hoga
inflation ka faida kia hai?
inflation honi chayay?
Pakistan ko sb say bara challange kia hai

is waqt kitna hai debt?

may nay is say zyada ka suna hai debt zyada hai
han berh tou raha hai debt tou aap kia samajhtay hain k isay km ya khtm kia ja skta hai?
koi factor jo isay km ker sakay
Japan and Pakistan k natural resources ki utilization
10- N.A.V.T.E.c