*Test and Manager interview feedback of RSM Lahore - 17 june 2024* Test was scheduled at 11:00 AM and it started at 11:00 AM. Audit department main test liya gaya hum sy. Environment kaafi strange sa tha. Pehly to hamary baithny ky liye jagah nai thi phir jagah banai gai wahan baithy hum. Jis table pr main baitha tha wahan lays aur gala ky khali packets waisy hi pary huay thy. Shor tha department main baatein kr rahy thy sb apas main. Kuch larky wahan laptop pr tekken bhi khel rahy thy. Test 11 bjy start hua. 2 test huay, *first test* was an *aptitude test* . 5 sections thy total uss ky * 2 series sequence qs. * NPV calculation and find which is more beneficial project. * If a cube is painted all red and then cut into 64 pieces then how many pieces have exact 2 red sides? * There are 5 red balls, 4 green and 3 black balls. You have to draw 2 balls without replacement. What is the probability that both are red balls? * If you quadruple a piece of paper and then cut a triangle from one of its corner then how many holes will be in the paper? * 1 qs was about to find family relationships. * Agar 1 ship ky wooden planks replace hoty rahy hain previous years main aur uss ky 1,1 kr ky sary planks replace ho gye hain to kya wo same ship hogi ya nai. Explain your answer with reasoning. * 2/3 qs English vocabulary ky thy. * 1 para diya hua tha uss main sy qs tha. * 1/2 mcqs yaad nai aa rahy. Phir hamara *2nd test* hua. Total 5 sections was there. * *Audit and Assurance* Aik pharmaceutical company ka data diya hua tha ky uss main zyada tar directors aur operational officers family members hain to aap ownership structure, governance requirements, regulatory requirements, industry factors ky baary main kya kah skty ho? * *Company Law* Aik company ny AGM main assosiated company ky liye loan approve kiya lekin baad main aur funds ki zaroorat par gai associated company ko to company ky baad kon konsy methods hain shareholders ki approval ky aur un methods ko poora krny ky liye kya krna pary ga management ko? * *Financial Management* Scenario was given and you have to apply Tucker model and also give suggestions. Scenario CAF ky syllabus main sy tha. * *Financial Reporting* IFRS-16 Lease qs. Scenario was given and further 3 inclusions in the lease contract was given and you have to determine the affect of each of the inclusions on classification of lease contract. * *Tax* 2 questions were given 1 qs was that ky agar 1 sales tax registered person ny return file nai ki Commissioner Inland Revenue (CIR) ky notice ky bawajood tk iss main CIR kya kya kr skta hai further aur jo sales tax registered person hai wo kya kya kr sky ga baad main? 2nd qs was about permanent establishment of business in Pakistan or not. 3 scenarios were given aur hum ny determine krna tha ky teeno main sy konsy scenario main company permanently established hai Pakistan main aur konsy main nai hai. That's all about the test 11-1 bjy test hua phir break ho gai Break main baatein krty rahy hum trainees ky sath. Wahan aik bhai thy to wo pooch rahy thy hum sy ky reference hai aap ka? Hum ny kaha nai to bohat hairaan huay ky merit pr bulaya hai test ky liye. Phir 2:35 pr interviews start huay It was a *manager level interview* Only 1 person was conducting the interviews. Hum 7 students thy test aur interview deny aye huay aur sb hi male thy. 7 main sy 1 student test dy kr kissi aur firm main interview deny chala gaya tha uss ka interview yahan nai hua phir. * Kahan sy ho * Introduce yourself * Why didn't you join the medical field? * Section 21 in tax ky mutabik konsi deductions allowd nai hain * Sales tax * Zero rated and exempt goods difference * Memorandum of association main kya kya aata hai * IAS 40 ka recognition criteria * IFRS-15 five step model * Aik asset hai 100 million ka. Useful life 10 years. Straight line method. Agar year end pr revaluation ki wajah sy value 120 ho jati hai to revaluation ki entry aur amount kya hogi? * Aik audit firm aik company ka audit kin kin reasons ki wajah sy nai kr skti? * Key Audit Matters main kya kya likhna hota hai? Phir kahty thank you The whole interview was in *Urdu* Interview *Duration* : 15 minutes 2nd interview partner ky sath hoga aur agar shortlisting hui to call aa jaye gi *FTS-42*