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Deloitte External Auditor Interview Questions and Answers

Updated 13 Aug 2023

Deloitte External Auditor Interview Experiences

4 interviews found

External Auditor Interview Questions & Answers

user image Nithin Pokuru

posted on 13 Aug 2023

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Ca monk and was interviewed in Jul 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Articleship experience asked
  • Q2. How many attempts for ca final
Round 3 - Technical 

(2 Questions)

  • Q1. Revenue recognition steps
  • Ans. 

    Revenue recognition steps involve identifying the transaction, determining the amount of revenue to be recognized, and allocating the revenue to the appropriate period.

    • Identify the transaction: Determine when the revenue is earned and collectible.

    • Determine the amount of revenue: Calculate the total revenue to be recognized based on the transaction.

    • Allocate revenue to the appropriate period: Recognize the revenue in the...

  • Answered by AI
  • Q2. Inventory physical verification and accounts payable verification

Interview Questionnaire 

4 Questions

  • Q1. Why do you want to join Deloitte?
  • Q2. The job which Deloitte offers is very monotonous (office job from 9-5), so do you think you will be able to cope up with it?
  • Q3. Are you creative?
  • Q4. Why are you not pursuing an MBA?

Interview Preparation Tips

Round: Test
Experience: The selection process was along a set pattern. It started with a written test which had questions on verbal reasoning, logical reasoning and quantitative aptitude. A general preparation for any competitive exam like CAT would suffice to pass the written test.Candidates were also asked to write an email (this was compulsory for all candidates). The subject for the email was: “To examine the preparation of BRS of a client and provide feedback to the boss”.

Round: Group Discussion
Experience: The written test was followed by a group discussion (GD). The topic for GD was ‘Women Empowerment’. Other topics one can prepare for ‘Reservation in colleges’ and ‘whether nuclear weapons are bane or boon’. They will generally ask you to discuss on topics which are latest and in news.

Round: HR Interview
Experience: This was followed by a personal interview. It included the HR questions which included tell me about you, your strengths and weaknesses, why should the company choose you and how are you more suitable than other candidates.

College Name: SRI VENKATESWARA COLLEGE

External Auditor Interview Questions Asked at Other Companies

Q1. What are golden rules of accounting?
asked in Deloitte
Q2. Revenue recognition steps

Interview Preparation Tips

Round: Test
Experience: The process for selection began with a written test. The test included questions from verbal reasoning, general knowledge, accountancy and aptitude. The level of difficulty was medium.

Round: Group Discussion
Experience: In the GD the moderator gave us the liberty to choose the topic by ourselves. We came to a consensus to discuss about the ‘100% cut-off for SRCC’ which had recently become a hot topic of discussion nationwide. They were testing our communication skills and ability to hear and respond aptly to what others are saying.

Round: HR Interview
Experience: In the interview round they asked me about myself, my views on relocation and working on weekends, frequent travelling and about my strengths and weaknesses. They also asked me about how extracurricular activities have helped me grow as a human being, who is my role model and who all are there in my family. They also asked me few accounting entries like contingent liabilities would come under what head.

College Name: LADY SHRI RAM COLLEGE

Interview Preparation Tips

Round: Resume Shortlist
Experience: Resume was asked for in the beginning of the selection procedure.

Round: Test
Experience: The written round had questions from logical aptitude, quantitative aptitude and verbal reasoning. Besides this there were also questions from my core field of study (accounts and economics).

Round: Group Discussion
Experience: The topic for GD was the current education system of India. We talked about the various aspects of the education system as well as what can be done to improve the same. They were looking for confident candidates and those who can stand out in a crowd.

Round: HR Interview
Experience: In the interview round they asked me questions from both core topics as well as HR questions.  In the HR questions they asked me about my long term and short term goals as well as why should they choose me?They asked me my work with AIESEC and questions like 1) How do you get VISA for students?2) Where do students from India stay?They asked about my internship with Videocon.1) What was the environment there?2) What did you learn there?3) Was it fruitful to you?Besides this they also asked us to write an email. The email was about vouching.
Tips: They were looking at the overall personality and communication skills of the candidate. So do work upon it.

College Name: LADY SHRI RAM COLLEGE

Deloitte interview questions for designations

 External Audit

 (1)

 Auditor

 (19)

 Internal Auditor

 (6)

 Senior Auditor

 (1)

 Assistant Auditor

 (1)

 Statutory Auditor

 (1)

 Senior Audit Auditor

 (1)

Interview questions from similar companies

Interview Questionnaire 

2 Questions

  • Q1. How did you manage a team with vibrant background
  • Q2. This was the best question I had from GH during interview as I was handling a team in TCS which had people from 7 diff states. I said I felt this is an opportunity for me to learn diff cultures of India an...
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I appeared for an interview before Feb 2024.

Round 1 - One-on-one 

(1 Question)

  • Q1. Technical questions of sql
Round 2 - One-on-one 

(1 Question)

  • Q1. Techical industry related questions
Round 3 - HR 

(1 Question)

  • Q1. Ctc discussion with HR

Interview Questionnaire 

2 Questions

  • Q1. What do you mean by repo/reverse repo rate? What is its current value?
  • Ans. 

    Repo/reverse repo rate is the rate at which RBI lends/borrows money from banks. Current value varies.

    • Repo rate is the rate at which RBI lends money to commercial banks

    • Reverse repo rate is the rate at which RBI borrows money from commercial banks

    • These rates are used to control inflation and liquidity in the economy

    • Current repo rate is 4.00% and reverse repo rate is 3.35% as of August 2021

  • Answered by AI
  • Q2. What is money to you? How do banks create money?
  • Ans. 

    Money is a medium of exchange for goods and services. Banks create money through the process of fractional reserve banking.

    • Money is a universally accepted medium of exchange

    • It facilitates transactions for goods and services

    • Banks create money through fractional reserve banking

    • Banks lend out more money than they have in reserves

    • This creates new money in the economy

  • Answered by AI

Interview Preparation Tips

Round: Resume Shortlist
Experience: Resume was asked for in the beginning of the selection procedure.

Round: Test
Experience: The written test was on similar lines as the CAT exam – it had questions from verbal ability, quantitative aptitude and logical reasoning. The difficulty level was mediocre. The written test also had an essay writing as and the topic was anything which came out of your mind.

Round: Group Discussion
Experience: The topic for was "Education and Success go hand in hand" – they were looking for someone who can stand his/her viewpoint and has a clear thought process.

Round: HR Interview
Experience: The HR interview had very common questions. These included questions about my strength and weakness, about my managerial skills, about how i handle difficult situation and what my family background is. He also asked me about my long term and short term goals.

In the technical interview all questions were from economics (since the interviewer was from economics honors background):
Various slab rates
Questions from any microeconomics/macroeconomics topic can be asked.

College Name: DELHI COLLEGE OF ARTS AND COMMERCE

Analyst Interview Questions & Answers

Ernst & Young user image Girisha Chaudhary

posted on 7 Jun 2017

I appeared for an interview in Oct 2016.

Interview Questionnaire 

2 Questions

  • Q1. Why do you want to join ey?
  • Ans. 

    I want to join EY because of their reputation for providing excellent opportunities for professional growth and development.

    • EY is known for its strong commitment to employee development and providing opportunities for career advancement

    • I am impressed by EY's diverse client base and the chance to work on a wide range of projects

    • I value the emphasis EY places on innovation and technology in their services

  • Answered by AI
  • Q2. What is your favourite subject?
  • Ans. 

    My favorite subject is mathematics because I enjoy solving complex problems and finding patterns.

    • I love the challenge of solving equations and puzzles

    • I find joy in discovering new mathematical concepts and theories

    • Mathematics is a universal language that can be applied to various fields such as science, engineering, and finance

  • Answered by AI

Interview Preparation Tips

Round: Test
Experience: Questions were time consuming but not much tricky. About 50% students were shortlisted for next round
Duration: 45 minutes
Total Questions: 60

Round: Group Discussion
Experience: Initially a normal gd took place and at last they gave 15 seconds to each candidate to conclude (this part was crucial in selecting shortlisted candidates). In our group we had 10 candidates out of which 3 were shortlisted.
Duration: 15 minutes

Round: Technical + HR Interview
Experience: A little about technical knowledge mostly hr questions were asked

Round: HR Interview
Experience: General he questions were asked

College Name: Jaypee University Of Information Technology, Solan

I applied via Campus Placement

Interview Questionnaire 

1 Question

  • Q1. Can't remember d question

Interview Preparation Tips

Round: Group Discussion
Experience: They are looking for confident candidates. One who can speak out (ofcource logical stuffs).
Tips: dnt act oversmart.. dnt use fake accent.. be smart n confident
Duration: not fixed minute

Round: Technical Interview
Experience: speak freely.. be ready to travell.. if u r joining ITRA team.. make sure u hv good knowledge of all d developmnt model.. waterfall model etc.. good knowledge of telecom.. n if u r joining now in kolkata team.. u must hv good knowledge of cyber secutiry..

Skills: skils, Confidence, 1)communication
College Name: B.P.Poddar Inst of Mang and Sc
Motivation: package
Funny Moments: i didnt want to join ey but now i dnt want to leave ey

Interview Preparation Tips

Round: Resume Shortlist
Experience: Out of total 380 applications 120 were called for group discussion. Basic cutoff for B.Tech was 70%
Tips: Prefer a one pager resume in case of fresher.

Round: Group Discussion
Experience: Out of total 120 applicants shortlisted after resume screening in total 60 passed the group discussion round. GD panel consisted of two judges from EY and number of candidates were 15 in one group.
Tips: If you missed your chance to be the first speaker then try being the moderator. If you missed that too then last speaker i.e. summary maker is the good way to crack a GD.
Duration: 25 minutes

Round: Technical & HR
Experience: Interview lasted for 50-55 minutes. Panel consisted of two person one from HR and other from technical.More or less it concentrates on the activities you have done in past both academic (minor) and extra curricular (major) activities.
I was later served with a case study related to risk advisory (since I have applied for risk advisory services and related to civil engineering as I am a civil engineer), "If I were a consultant from EY and assigned a project to go to a bridge construction site then on meeting the contractor what all types of risk can I identify there and what measures should be taken to mitigate them or to reduce their frequency and impact."
Tips: Have a grip what all you have write in your CV.Why EY and why you is the sure shot question you must be prepared for.
If asked for questions do show your interest and ask one or two questions even if you know about that before hand.All the best

General Tips: All the best.
Skill Tips: One must learn to present himself.
Skills: Good Communication Skills
College Name: JAYPEE UNIVERSITY OF INFORMATION TECHNOLOGY, SOLAN
Motivation: EY is a good brand and one of the best firm to launch your career being one of the big fours.

Deloitte Interview FAQs

How many rounds are there in Deloitte External Auditor interview?
Deloitte interview process usually has 3 rounds. The most common rounds in the Deloitte interview process are Resume Shortlist, One-on-one Round and Technical.
What are the top questions asked in Deloitte External Auditor interview?

Some of the top questions asked at the Deloitte External Auditor interview -

  1. Revenue recognition st...read more
  2. Inventory physical verification and accounts payable verificat...read more

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Deloitte External Auditor Interview Process

based on 1 interview

2 Interview rounds

  • Group Discussion Round
  • HR Round
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53% more than the average External Auditor Salary in India
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