SECOND round Questions were based on audit only. Expect Q. Like what is .Audit .Assurance .Assertions .Assertions used in Balance sheet? .Assertions for Accounts recievables? .When i said about sample of recievables they asked diff sampling techniques? .Diff b/w Int Audit and Int.ctrl? .How do u recognise revenue? .when will u recognise an asset? .If he gives his pen to me , when will i recognise it in my books? .How do u value an inventory? .Does the cost of inventory includes VAT and does the inventory need to be adj for Forex if its a foreign transacting entity?