Deloitte Department Manager Interview Questions and Answers

IT mergers and acquisitions involve the consolidation of technology companies through various means.

• Mergers involve two companies combining to form a new entity

• Acquisitions involve one company purchasing another

• IT mergers and acquisitions can lead to increased market share and cost savings

• Examples include Dell's acquisition of EMC and Microsoft's acquisition of LinkedIn

Key factors to consider during IT separation

• Identify critical systems and data

• Develop a plan for data migration and system decommissioning

• Ensure compliance with legal and regulatory requirements

• Communicate effectively with stakeholders

• Manage risks and ensure business continuity

Internal audit is a systematic and independent examination of a company's financial and operational activities.

• Internal audit is conducted by an independent team within the organization.

• The team evaluates the effectiveness of internal controls, risk management, and governance processes.

• The audit process involves planning, fieldwork, reporting, and follow-up.

• The team identifies areas of improvement and provides recommen...read more

Disclosures in financial statements are important for transparency and to provide relevant information to stakeholders.

• Disclosures provide information about accounting policies, estimates, and judgments used in preparing financial statements.

• They also disclose information about significant events or transactions that may impact the financial position of the company.

• Examples of disclosures include notes to the financial...read more