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Hi All,
I switched to tcs few months back ,here project manager told me that work will be in Angular but when I got into the project it was only html,css and jQuery. now how can i change my project as current one is not going along with my aspirations. It's a technology which now no one uses much . Under my current client all projects are based on that only . Plz suggest that how can I change my current project .?Tata consultancy sevices
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What is this "Tax Tech" I keep hearing about?
All right people. LET'S FILE SOME TAX RETURNS.
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I assume they are asking how you personally know it is right. I am pretty sure auditors are not reviewing every single journal entry. You could have a ton of small incorrect entries that would never be detected. I think a better answer would be that you double/triple check every entry/number and you have multiple levels of review in your process
Reconciliation process as well
Yeah, I’m sorry but you missed the mark on this one. The appropriate response would have been something to the effect that you perform a tie-out of the financials to the GL, ensure equity rolls, consider any one-off unique transactions for Cash flow treatment, perform a variance analysis on financial statements to investigate material fluctuations etc. The financial statements do not belong to the auditors, they belong to management. They’re simply providing reasonable assurance that the financials and notes thereto are fairly stated. Better luck next time.
I believe this question was to evaluate your thought process on how you know your work is correct. You answered because someone else checked it. Alternatively, I checked it to the best of my ability (example) and asked for assistance or researched anything I did not know.
The question to this post was what is the ideal response to that question?
Yea you might have botched that one lol
But it’s all good
It’s like if someone asked you. Can you tell me what is less than $100
And you said .. “yes that’s anything less than $100”
lol. You kinda of repeated their question
You should have mentioned that the senior and the manager help you with any items that you’re not familiar with. Since you’re an associate there’s no way your a pro at every area of GAAP.
Idk that’s what I would want to hear. If they’re asking about specific research about a specific FASB code then you’d have to explain if you did that kind of technical accounting
This must be a small company! Nevertheless, there should be checks and balances in place whereas someone else is double-checking/approving the work to ensure compliance and accuracy. I spent a lot of time doing just that, and also doing trend and variance analysis before any reports were prepared or go to management, No one person should be in charge of everything- that’s how companies get into trouble!🤷🏽♀️