Lead Auditor Interview Questions

10,229 lead auditor interview questions shared by candidates

1. Prior experience 2. What is the impact on your audit if the controls are not operating as expected/intended? Will you qualify your audit report directly? 3. What were the key observations which you identified during your articleship and how you handled them? What was the final outcome of those? 4.a) What are key differences between Ind AS 116 and erstwhile IND AS 17. b) ROU and Lease liabilities concept/calculations c) 2 Exemptions provided by Ind AS 116 ie. Short term leases and Low value leases d) Whether the concept of finance lease and operating lease still there in Ind AS 116?" 5.a) Read IND AS 115 thoroughly and how it is appliable for the industry/sector you have worked on. 5.b) What is the 5 step revenue recognition model as per Ind AS 115?

Senior Auditor

Interviewed at KPMG

3.6
Aug 10, 2025

1. Prior experience 2. What is the impact on your audit if the controls are not operating as expected/intended? Will you qualify your audit report directly? 3. What were the key observations which you identified during your articleship and how you handled them? What was the final outcome of those? 4.a) What are key differences between Ind AS 116 and erstwhile IND AS 17. b) ROU and Lease liabilities concept/calculations c) 2 Exemptions provided by Ind AS 116 ie. Short term leases and Low value leases d) Whether the concept of finance lease and operating lease still there in Ind AS 116?" 5.a) Read IND AS 115 thoroughly and how it is appliable for the industry/sector you have worked on. 5.b) What is the 5 step revenue recognition model as per Ind AS 115?

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