400+ Questions and Answers for CA Interviews
If you needed past questions for exams, you could get them in ICAI Suggested Answers, but what about Interview Questions? We asked 200+ CAs on their real interviews to compile the Super 30 CA Question Bank
Some Sample Questions
Airline Revenue Recognition (Real Interview Question of a software company)
A passenger books her flight ticket on 1st February and pays 10% of the ticket amount. She makes the remaining payment on 5th February. The ticket is fully refundable till 15th February after which it is fully non-refundable. The flight departs at 11 pm on 28th February and arrives at 2 am on 1st March. When should the airline recognise revenue?
Slightly positive NPV (Real Interview Question of an FMCG company)
The outlay for a factory is ₹100 Crores. On calculating the Present Value of inflows I get ₹100.1 Crores (i.e. NPV is ₹10 Lakhs? Should I accept the project? What if the NPV was ₹1 Lakh? What if it was ₹1 Crores? Will you spend ₹100 Crores just to get a benefit of ₹10 Lakhs?
Inventory of Steel (Real Interview Question of a conglomerate group)
A steel manufacturer uses steel blocks to manufacture steel sheets and sells it to a car manufacturer. The price of steel has dropped by 50%. How should the steel manufacturer deal with their existing raw material? Would your answer change if you were the car manufacturer?
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Comprehensive Q&A
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About Yugantar Gupta
Yugantar is a Chartered Accountant and Company Secretary (All India Rank 12) having 6+ years of work experience. He has worked with ITC Limited as Manager – Audit & Risk Management. Here, he was responsible for 35+ locations of 3 Divisions having Combined Turnover of ₹65,000+ Crores and Value at Risk of ₹2,00,000+ Crores.
He has taught more than 1000 Chartered Accountants in the fields of Financial Management, Ind AS and Internal Audit. He has provided 1-on-1 placement guidance to 150+ Chartered Accountants. In the last two ICAI Campus placements, they were placed at various companies including ITC, Vedanta, Citibank, JP Morgan Chase, HCL, Hero Motocorp, Flipkart, Indian Oil, Big 4s etc. While only 1 in 5 candidates were selected by ITC overall, 18 out of 24 were selected amongst the mentored candidates i.e. their success rate improved from 20% to 75%.
He is a regular author in leading national newspapers. He has scored 99.58 percentile in CAT and has received offers from IIMs across the country.
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