Yogesh Bhatt (Company Secretary) (475 Points)
02 August 2010Hi,
Dear All,
Lets start to Play question and Answer which may usually ask in interview.
This may help to all to face interview.
Please request to seniours to contribute in this forum.
Regards,
Yogesh Bhatt
shailaja samant
(Manager)
(62 Points)
Replied 02 August 2010
The most common question asked in the interview is " Tell me something about urself"
Yogesh Bhatt
(Company Secretary)
(475 Points)
Replied 02 August 2010
1. Start with Name introduction and maintain eye contact with all panel who are taking interview and sake hand with all when u entered and u leave room and also maintain eye contact through out all question and answer and when any one ask queston that time maintain eye contact with him so u can easily handle them and if possible move ur eye contact but it is difficult so when reply someone question just maintain eye contact with that person.
2. Tell them When U hv Cleared CS and how much ur experince in that field in just 2 to 3 lines.
3. Tell something abt ur background and family without hesitation.
4. Tell about ur hobby and
5 Tell somthing abt ur special intersted area.
Regards.
jeets
(CS )
(461 Points)
Replied 02 August 2010
The kind of question that an interviewer may ask depend on the kind of industry you have applied for job.
All interview begins with tell me something about yourself:-
In a recent interview which I faced, I was asked about the Company amendment bill:- Highlights of the bill
Clause 49 of the listing Agreement, your view on that
If you are giving an interview for Mangement trainee then get ready for giving some explanation and cross questions and if the interview is for job then It would rather be a discussion
Yogesh Bhatt
(Company Secretary)
(475 Points)
Replied 02 August 2010
how Composition of Board is made in Listed Compay ?
Yogesh Bhatt
(Company Secretary)
(475 Points)
Replied 02 August 2010
Composition of Board As Per Clause 49 in listed Companies :
i. The Board of directors of the company shall have an optimum combination of executive and non-executive directors with not less than fifty percent of the board of directors comprising of non-executive directors.
ii. Where the :
Chairman of the Board is a non-executive director, - at least one-third of the Board should comprise of independent directors
and
in case he is an executive director, at least half of the Board should comprise of independent directors.
Provided that where the non-executive Chairman is a promoter of the company or is related to any promoter or person occupying management positions at the Board level or at one level below the Board, at least one-half of the Board of the company shall consist of independent directors.
Explanation-For the purpose of the expression “related to any promoter” referred to in sub-clause (ii):
a. If the promoter is a listed entity, its directors other than the independent directors, its employees or its nominees shall be deemed to be related to it;
b. If the promoter is an unlisted entity, its directors, its employees or its nominees shall be deemed to be related to it.”
iii. For the purpose of the sub-clause (ii), the expression ‘independent director’ shall mean a non-executive director of the company who:
a. apart from receiving director’s remuneration, does not have any material pecuniary relationships or transactions with the company, its promoters, its directors, its senior management or its holding company, its subsidiaries and associates which may affect independence of the director;
b. is not related to promoters or persons occupying management positions at the board level or at one level below the board;
c. has not been an executive of the company in the immediately preceding three financial years;
d. is not a partner or an executive or was not partner or an executive during the preceding three years, of any of the following:
i. the statutory audit firm or the internal audit firm that is associated with the company, and
ii. the legal firm(s) and consulting firm(s) that have a material association with the company.
e. is not a material supplier, service provider or customer or a lessor or lessee of the company, which may affect independence of the director;
f. is not a substantial shareholder of the company i.e. owning two percent or more of the block of voting shares.
g. is not less than 21 years of age
Explanation
For the purposes of the sub-clause (iii):
a. Associate shall mean a company which is an “associate” as defined in Accounting Standard (AS) 23, “Accounting for Investments in Associates in Consolidated Financial Statements”, issued by the Institute of Chartered Accountants of India.
b. “Senior management” shall mean personnel of the company who are members of its core management team excluding Board of Directors. Normally, this would comprise all members of management one level below the executive directors, including all functional heads.
c. “Relative” shall mean “relative” as defined in section 2(41) and section 6 read with Schedule IA of the Companies Act, 1956.
d. Nominee directors appointed by an institution which has invested in or lent to the company shall be deemed to be independent directors.
Explanation:
“Institution’ for this purpose means a public financial institution as defined in Section 4A of the Companies Act, 1956 or a “corresponding new bank” as defined in section 2(d) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 or the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 [both Acts].”
jeets
(CS )
(461 Points)
Replied 02 August 2010
Have you ever attended any seminars or conference by ICSI and what did you learn from it:- describe about your experience
Yogesh Bhatt
(Company Secretary)
(475 Points)
Replied 02 August 2010
Tell Them Yes - without hesitation Confidently.
Tell Them :
I learned :
1. about subject - on which seminar ws conducted and tell them I got practicle approach from that seminar on ......................subject.
2. How to present presentation in seminar.
3. How to introduction our self with other member who attended seminar.
4. and how to handle audiance qustion in seminar..like that.
pls share other point which may be we can answered.
Regards
Yogesh Bhatt
(Company Secretary)
(475 Points)
Replied 02 August 2010
1. Have u handled listed Company ?
2. What is role of Audit Committe and other quetion may ask on audit committee but mostly they ask on Role on Audit Committe?
Regards.
Yogesh Bhatt
(Company Secretary)
(475 Points)
Replied 02 August 2010
Role of Audit Committee
The role of the audit committee shall include the following:
1. Oversight of the company’s financial reporting process and the disclosure of its financial information to ensure that the financial statement is correct, sufficient and credible.
2. Recommending to the Board, the appointment, re-appointment and, if required, the replacement or removal of the statutory auditor and the fixation of audit fees.
3. Approval of payment to statutory auditors for any other services rendered by the statutory auditors.
4. Reviewing, with the management, the annual financial statements before submission to the board for approval, with particular reference to:
a. Matters required to be included in the Director’s Responsibility Statement to be included in the Board’s report in terms of clause (2AA) of section 217 of the Companies Act, 1956
b. Changes, if any, in accounting policies and practices and reasons for the same
c. Major accounting entries involving estimates based on the exercise of judgment by management
d. Significant adjustments made in the financial statements arising out of audit findings
e. Compliance with listing and other legal requirements relating to financial statements
f. Disclosure of any related party transactions
g. Qualifications in the draft audit report.
5. Reviewing, with the management, the quarterly financial statements before submission to the board for approval
5A. Reviewing, with the management, the statement of uses / application of funds raised through an issue (public issue, rights issue, preferential issue, etc.), the statement of funds utilized for purposes other than those stated in the offer document/prospectus/notice and the report submitted by the monitoring agency monitoring the utilisation of proceeds of a public or rights issue, and making appropriate recommendations to the Board to take up steps in this matter.
6. Reviewing, with the management, performance of statutory and internal auditors, adequacy of the internal control systems.
7. Reviewing the adequacy of internal audit function, if any, including the structure of the internal audit department, staffing and seniority of the official heading the department, reporting structure coverage and frequency of internal audit.
8. Discussion with internal auditors any significant findings and follow up there on.
9. Reviewing the findings of any internal investigations by the internal auditors into matters where there is suspected fraud or irregularity or a failure of internal control systems of a material nature and reporting the matter to the board.
10. Discussion with statutory auditors before the audit commences, about the nature and scope of audit as well as post-audit discussion to ascertain any area of concern.
11. To look into the reasons for substantial defaults in the payment to the depositors, debenture holders, shareholders (in case of non payment of declared dividends) and creditors.
12. To review the functioning of the Whistle Blower mechanism, in case the same is existing.
13. Carrying out any other function as is mentioned in the terms of reference of the Audit Committee.
Regards.
Yogesh Bhatt
(Company Secretary)
(475 Points)
Replied 02 August 2010
Before Going to interview in Listed Companie Must see Clause 49:
Link is available here :
Yogesh Bhatt
(Company Secretary)
(475 Points)
Replied 02 August 2010
What U know about our Comapny ?
Yogesh Bhatt
(Company Secretary)
(475 Points)
Replied 02 August 2010
Before Going for interview :
1. go thorough their web site and read last annual report and their history , background
2. go through MCA website read thier current Authorised capital , paid up capital and how many director presently appointed on board.
3. go through last shareholding pattern and get idea abt how many share holders presently having shares of company - keep mind not give perfect figure but give only estimate figure.
This is enough for company profile.
others views are welcome..
regards.
Vivek
(CS)
(37 Points)
Replied 02 August 2010
what are the quarterly formalities of a listed company?
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