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CA Interview query

This query is : Resolved 

23 February 2022 In an interview i was asked what is your role in finalization how you start your day...what should be the answer to this?

23 February 2022 Start your day with checking compliance requirements.
1 Accounting policy of the company.
2 Applicable accounting standards.
3 Companies Act requirements.
4 Applicable formats.
5 Creation of liability.
6 Tax provisions.
7 Compare with projections and previous year statements. Analyse reasons for variance.
8 Provide for bad debts.
9 Events after the balance sheet date.

24 February 2022 Thanks Sir...but this is general reply me too told the same but they asked exactly what you do you reach your office then what will you do?


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