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Cotiviti Audit Assistant Interview Questions and Answers
Cotiviti Audit Assistant Interview Experiences
3 interviews found
Anonymous
Selected
I appeared for an interview in Sep 2024.
(1 Question)
- Q1. General Introduction
(4 Questions)
- Q1. Can you tell me about yourself?
- Q2. Previous experience?
- Ans.
I have experience in financial auditing, compliance checks, and data analysis, enhancing accuracy and efficiency in audit processes.
Interned at XYZ Audit Firm, assisting in financial statement audits for small businesses.
Conducted compliance checks for regulatory standards, ensuring adherence to GAAP.
Utilized Excel for data analysis, identifying discrepancies in financial records.
Participated in team meetings to discus
- Q3. Any Healthcare experience?
- Q4. Notice period?
(8 Questions)
- Q1. Walk me through Resume
- Ans.
Detailing my academic background, relevant experience, and skills in auditing and finance.
Graduated with a degree in Accounting from XYZ University, where I developed a strong foundation in financial principles.
Completed an internship at ABC Audit Firm, assisting in the preparation of financial statements and conducting audits.
Gained proficiency in accounting software like QuickBooks and Excel, enhancing my data analys...
- Q2. Why Cotiviti?
- Q3. Previous Experience
- Q4. Reason for leaving?
- Ans.
I am seeking new challenges and opportunities for growth in my career, particularly in the audit field.
Desire for professional growth: I want to expand my skills and knowledge in auditing.
Looking for a more dynamic work environment: My previous role was quite static, and I thrive in fast-paced settings.
Interest in a specific industry: I am passionate about working in sectors that align with my career goals, such as fin...
- Q5. What exactly you did in previous work?
- Ans.
In my previous role, I assisted in auditing financial records, ensuring compliance and accuracy in reporting.
Conducted detailed reviews of financial statements to identify discrepancies and ensure accuracy.
Assisted in preparing audit reports by compiling and analyzing financial data.
Collaborated with team members to develop audit plans and strategies for various clients.
Participated in client meetings to discuss findin...
- Q6. Any offers in hand?
- Q7. Why healthcare?
- Q8. Why did you not able to continue in previous company ?
- Ans.
I left my previous company to seek better growth opportunities and align my career goals with my skills in auditing.
I was looking for a role that offered more opportunities for professional development.
The company culture did not align with my values, which affected my job satisfaction.
I wanted to work in a more dynamic environment that challenges my skills and knowledge.
I had a chance to pursue further education that
(5 Questions)
- Q1. Introduce yourself
- Ans.
Detail-oriented Audit Assistant with a strong background in finance and accounting, eager to contribute to effective auditing processes.
Educational Background: Bachelor's degree in Accounting from XYZ University.
Relevant Experience: Completed an internship at ABC Audit Firm, where I assisted in financial statement audits.
Skills: Proficient in Excel and accounting software like QuickBooks, enhancing data analysis effici...
- Q2. Why health care domain?
- Q3. What is a challenging situation you faced in your previous experience?
- Ans.
I faced a challenging situation when I had to manage a tight deadline for an audit while ensuring accuracy and compliance.
Had to complete an audit for a client with a complex financial structure within a week.
Collaborated with team members to divide tasks efficiently and set clear deadlines.
Conducted thorough reviews to ensure all financial statements were accurate and compliant.
Implemented a checklist system to track ...
- Q4. What if office relocated within city will you be able to come?
- Ans.
I am flexible and willing to adapt to a new office location within the city to continue my role effectively.
I have reliable transportation options, such as public transit or a personal vehicle.
I am familiar with the city layout, which will help me navigate to the new location efficiently.
I can adjust my schedule if needed to accommodate any changes in commute time.
- Q5. Do have any questions for me?
Interview Preparation Tips
Dinesh R
Selected
I applied via Naukri.com and was interviewed in Sep 2023. There were 4 interview rounds.
The group discussion is to find out your speaking skills and the knowledge that you have about the topic.
(1 Question)
- Q1. Asking about the salary discussions and the informing about the shift informations
(2 Questions)
- Q1. Asking about the previous company experience and finding out our level of confidence in the way we speak.
- Q2. Can you adopt for the rotational shifts
- Ans.
Yes, I can adopt for rotational shifts.
I am flexible and adaptable to different work schedules.
I understand the importance of rotational shifts in the audit field.
I have previous experience working in rotational shifts.
I am willing to adjust my personal schedule to accommodate rotational shifts.
I applied via Referral and was interviewed before Oct 2020. There were 6 interview rounds.
Interview Questionnaire
1 Question
- Q1. Regarding health insurance
Interview Preparation Tips
Interview questions from similar companies
Kedar Lele
Interview Questionnaire
8 Questions
- Q1. Questions on Summer Internship
- Q2. What are your 2 Weaknesses ? Explain them to me ?
- Ans.
I tend to overthink and can be too self-critical at times.
I often spend too much time analyzing details and can lose sight of the bigger picture.
I sometimes struggle with making decisions quickly due to overthinking.
I can be too hard on myself and take criticism too personally.
For example, in my previous job, I spent too much time perfecting a project and missed the deadline.
Another example is when I received construct...
- Q3. What is the process of launching a new product to market ? Explain each step ?
- Ans.
Launching a new product involves several steps, from ideation to market launch.
Conduct market research to identify customer needs and preferences
Develop a product concept and create a prototype
Test the product with focus groups and make necessary adjustments
Create a marketing plan and determine pricing strategy
Launch the product and monitor sales and customer feedback
Make any necessary improvements or adjustments based...
- Q4. Difference between Primary and Secondary Research ?
- Ans.
Primary research is original research conducted by the researcher, while secondary research is based on existing research.
Primary research involves collecting new data through surveys, interviews, experiments, etc.
Secondary research involves analyzing existing data from sources like books, journals, websites, etc.
Primary research is more time-consuming and expensive than secondary research.
Secondary research is useful ...
- Q5. Guesstimate : No of traffic signals between Aurangabad and Pune.
- Ans.
There are approximately 50-60 traffic signals between Aurangabad and Pune.
Consider the distance between Aurangabad and Pune is around 235 km.
Assuming an average distance of 4 km between two signals, there would be around 58-59 signals.
However, the number may vary based on the route taken and the traffic density.
Also, the number of signals may have increased or decreased over time due to road development projects.
Hence,...
- Q6. Tell me something about yourself ?
- Ans.
I am a highly motivated individual with a passion for problem-solving and continuous learning.
I have a degree in computer science and have worked as a software engineer for 3 years.
I enjoy taking on new challenges and have experience working in both team and individual settings.
In my free time, I enjoy reading books on technology and attending tech conferences to stay up-to-date with the latest trends.
I am also an avid...
- Q7. What is the process of Market Research ?
- Ans.
Market research involves gathering and analyzing information about a target market to make informed business decisions.
Identify research objectives and target audience
Choose research methods (surveys, focus groups, etc.)
Collect and analyze data
Draw conclusions and make recommendations
Continuously monitor and update research
Example: Conducting a survey to determine customer satisfaction with a product
Example: Analyzing ...
- Q8. How did you know about Consumer Neuroscience ? ( I had spoken about it during induction )
Interview Preparation Tips
Experience: Quantitative Aptitude -10 Q ....Questions on P&L AND Percentage ....Cutoff 7
Verbal Ability - 18 Q .....Sentence Correction Cutoff -12 Q
Case Studies - 2
Time - 1.5 Hrs
Tips: Questions were quite easy ....Time Management Is Important
Duration: 90 minutes
Round: Behavioural Interview
Experience: Checking the confidence of the candidate. I think the fact that I had carried out a Social Research (Ganpati Procession Analysis in Pune ) helped. I could share that experience.
Tips: During your course try and associate yourself with some kind of research work ( whether it is complete or incomplete does not matter ).
Study the company ( website) as much as you can before the interview.
Round: Technical Interview
Tips: Questions on Summer Internship - Prepare well and do speak about
Skills: Ability To Analyse, Communication, Basics of Market Research
College Name: Department of Management Sciences (PUMBA)
Nimish Bajaj
I appeared for an interview in Sep 2016.
Interview Questionnaire
1 Question
- Q1. About internships About projects Use cases Puzzels About your personality
Interview Preparation Tips
Experience: Only 70 filtered through this round out of 500
Tips: Prepare using any CAT book
Duration: 1 hour
Total Questions: 60
Round: Group Activity
Experience: 10 people were called together for this round, 2 or 3 people were selected
Tips: It is a GA
Don't keep a firm stand
Agree with others, have respect
Try to conclude well
Show team work skills
Round: Technical + HR Interview
Experience: Very long and detailed Interview
Tips: Just be honest, the guy taking your interview is leaps and bounds smarter than you
Skills: Analytical, Communication, Team Player
College Name: MSIT GGSIPU
I appeared for an interview before May 2016.
Interview Questionnaire
4 Questions
- Q1. Tell us about yourself
- Ans.
I am a dedicated and detail-oriented analyst with a strong background in data analysis and problem-solving.
I have a Bachelor's degree in Statistics and experience working with large datasets
Proficient in statistical software such as R and Python
Skilled in identifying trends and patterns to provide actionable insights
Strong communication skills to present findings to stakeholders
- Q2. Why did your CGPA decrease consistently after you 1st year?
- Ans.
My CGPA decreased consistently after my 1st year due to various factors.
I faced challenges in adjusting to the new academic environment in my first year.
I had to balance my studies with extracurricular activities and part-time jobs.
I struggled with certain subjects or courses that were more challenging for me.
I may have experienced personal or health issues that affected my academic performance.
I learned from my mistak...
- Q3. What do you know about us?
- Ans.
The company is a leading financial services firm specializing in investment analysis and research.
Specializes in investment analysis and research
Considered a leader in the financial services industry
Known for providing high-quality financial advice and recommendations
- Q4. You mentioned that you have interest in cricket. Can you name at least 3 cricketers from the 70s?
- Ans.
Some cricketers from the 70s include Sunil Gavaskar, Dennis Lillee, and Clive Lloyd.
Sunil Gavaskar was a legendary Indian batsman known for his technique and consistency.
Dennis Lillee was a fearsome Australian fast bowler who dominated the cricketing world in the 70s.
Clive Lloyd was a West Indian cricketer who captained the team to two consecutive World Cup victories in 1975 and 1979.
Interview Preparation Tips
Duration: 1 hour 30 minutes
Round: Group Discussion
Experience: Fortunately I had a general idea about this topic and had some ideas and examples in mind to support my case. Though, that wasn't the case with everyone else.
Tips: Read Quora answers and be aware of current affairs
Duration: 15 minutes
College Name: Manipal Institute Of Technology, Manipal
Interview Preparation Tips
Experience: Didn't read any material saw resumes of my friends who pass out last year to see how to organize my points. Prepare my resume and refine it with the help of my friends several times
Round: HR Interview
Experience: Saw common HR questions from the websites and prepare answers for that .worked in groups in which one person acted as an interviewer.
Round: Case Study Interview
Experience: For the case studies, I referred many e-books available to learn the basic procedure to solve case studies. Sample case studies are also available on sites of these companies (Mckinsey.com, BCG.com or Bain.com)
Round: Puzzle Interview
Experience: Some companies asked puzzles. Common puzzles can be found on internet (pagalguy.com, brainvista.com , or orkut)
College Name: IIT BOMBAY
Interview Questionnaire
6 Questions
- Q1. Resume-based questions
- Q2. What is the color of door from which you entered?
- Ans.
The door from which I entered was brown.
The door was made of wood.
The color was a dark shade of brown.
There were no decorations or patterns on the door.
- Q3. Did you attend the ppt? What did you like the most about ppt?
- Ans.
Yes, I attended the ppt and found the case studies presented to be the most interesting.
Attended the ppt
Found the case studies to be the most interesting
Impressed by the data presented
Liked the interactive nature of the presentation
- Q4. Intern-based questions
- Q5. If you start a startup of selling books to IITK students through e-commerce what will be the annual demand you can expect from IITK students?
- Ans.
The annual demand for selling books to IITK students through e-commerce depends on various factors such as the number of students, their course curriculum, and their reading habits.
The demand can be estimated by conducting a survey among the students to understand their reading habits and preferences.
The demand can also be influenced by the availability of books in the campus library and bookstores.
The demand may vary ...
- Q6. In your hostel every girl plays badminton atleast once a month. The probability of one playing badminton in 1st week is a, probability that if one doesn’t play in 1st week than she will play in 2nd week is...
- Ans.
Calculating the probability of two friends playing badminton in the same week given certain probabilities.
Calculate the probability of both playing in the first week (a*a)
Calculate the probability of both playing in the second week ((1-a)*b*(1-c))
Calculate the probability of both playing in the third week ((1-a)*(1-b)*c)
Calculate the probability of both playing in the last week ((1-a-b-c)*(1-a-b-c))
Add up all the proba
Interview Preparation Tips
Experience: 1. Number of Questions: 30 (10 each from mathematics, English and DI).
2. Type of questions and details Questions of Mathematics and DI were mainly from previous years CAT papers.
3. The time was very limited and so speed was very important while solving the questions.
4. Moreover there was cut off for individual sections so keeping that in mind one had give time to each section.
Duration: 30-40 minutes
Total Questions: 10+10+10
Round: HR Interview
Experience: Most of the questions were resume based. The interviewer also tried to confuse me sometimes. While I was answering he looked at the ceiling and here and there but I ensured that I was still answering everything very confidently not diverting my attention.
Round: Case Study Interview
Experience: It was a HR + puzzle + casestudy interview and lasted for 20-25 minutes and had a panel of only one.
General Tips: 1. Don’t leave everything for the end. As December approaches it becomes more and more hectic with end sems, project deadlines, BTP, ppts to attend, test of companies etc. Start preparing early.
2. Do attend ppt and write down points whatever they mention in the ppt. generally one can prepare the questions like why this sector or why this company from the points they mention in ppt.
3. They generally mention that they are looking for in the candidates in the ppt so this helps in preparing the answers in interview. Moreover do spend some time in preparing for HR.
4. At least think and write down few basic points of the questions that are generally asked in the interviews.
Skill Tips: Do solve all previous year question papers of CAT and try to increase speed of solving.
Do practice some case studies and puzzles.
Skills:
College Name: IIT KANPUR
Interview Questionnaire
2 Questions
- Q1. Basic HR based questions
- Q2. Basic guesstimate questions were asked
Interview Preparation Tips
Experience: This round went pretty well in my opinion.
Round: Guesstimate Interview
Experience: I had prepared for guesstimates. So, this round went rather well.
General Tips: 1. I had a CPI of 8.6 and my resume didn't have any co-curricular activities as such. I had an intern in Pidilite Industry and i had given my CAT exam.
2. I had joined CL for CAT which helped me for aptitude tests .
3. Also, I prepared for puzzles and guesstimates, took part in the diamond case study competition though I didn't win it.
4. I had also prepared for core companies as well.
College Name: IIT KANPUR
Interview Preparation Tips
Experience: Firstly, I was kept on waitlist for EXL but, was later shifted to the main list. The first round was HR and it went well.
Round: Interview
Experience: After subsequently acing the the first round. The second round was technical in nature and involved a case study. In my view , I was able to perform decently in it.
Round: Interview
Experience: The third interview was a puzzle interview that tested the mental abilities. I had done one of the puzzles before so answered it properly .
Tips: 1. I had joined CL just after 4th year for my aptitude only and took a lot of time to prepare my resume. then I have been in habit of conducting discussions with my wingmates.
2. Moreover before the interviews I prepared thoroughly for HR questions.
General Tips: 1. Although I had a low CPI, I have been involved in various co-curricular activities.
2. I have been involved in M club as a vocalist
3. I have played football,
4. I was the Festival coordinator of Antaragni.
5. Apart from that, I have been involved in Techkriti in my first and second year in hospitality and in my third year in PR.
6. I have also been a STF in Udghosh.
7. I have a habit of reading books and newspapers regularly.
8. My internships included an online project for BSE after my second year, a one month internship in RBI after my third year.
9. I had an internship with a London based consultancy firm after my fourth year.
10. My MSc project is on GREEN CAFEs and purchasing power of people and their desire to spend money on them.
College Name: IIT KANPUR
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