Upload Button Icon Add office photos
Premium Employer

i

This company page is being actively managed by Deloitte Team. If you also belong to the team, you can get access from here

Deloitte Verified Tick

Compare button icon Compare button icon Compare
3.8

based on 17.1k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

zig zag pattern zig zag pattern

Filter interviews by

Deloitte Tax Associate Interview Questions and Answers

Updated 14 May 2024

Deloitte Tax Associate Interview Experiences

2 interviews found

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Majorly it consists of normal aptitude, LRDI and few English questions

Round 2 - One-on-one 

(2 Questions)

  • Q1. Considering you are selected in both the profiles you're sitting for, which one would you choose?
  • Q2. Related to projects i have done

Tax Associate Interview Questions & Answers

user image Anonymous

posted on 14 May 2024

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Basic accounting & finance questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Basic accounting questions with personality questions

Tax Associate Interview Questions Asked at Other Companies

Q1. 1- Difference between Traditional IRA VS Roth IRA 2- What is Sch ... read more
asked in Eide Bailly
Q2. What is k-1? And different between S corp and C corp
asked in PwC
Q3. What is the accounting procedure for Bad debts
asked in KPMG India
Q4. Tell me about golden rules of accountancy
Q5. What is Passive foreign Investment company

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(4 Questions)

  • Q1. What is deferred revenue?
  • Ans. 

    Deferred revenue is income received by a company in advance of earning it, resulting in a liability on the balance sheet.

    • Deferred revenue represents a liability for the company until the goods or services are delivered to the customer.

    • It is common in subscription-based businesses where customers pay upfront for services that will be provided over time.

    • Once the revenue is earned, it is recognized on the income statement...

  • Answered by AI
  • Q2. Golden rules of accounting
  • Ans. 

    The golden rules of accounting are basic principles that guide the process of recording financial transactions.

    • The golden rule of accounting is that for every debit entry, there must be an equal credit entry.

    • There are three types of accounts: real, personal, and nominal. The golden rules differ for each type of account.

    • For real accounts, the golden rule is: Debit what comes in, credit what goes out.

    • For personal account...

  • Answered by AI
  • Q3. What is accrual concept
  • Ans. 

    Accrual concept is a principle of recognizing revenue and expenses when they are incurred, regardless of when cash is exchanged.

    • Revenue and expenses are recorded when they are earned or incurred, not when cash is received or paid.

    • This concept ensures that financial statements accurately reflect the financial position of a company.

    • For example, if a company provides services in December but doesn't receive payment until ...

  • Answered by AI
  • Q4. What is quick ratio
  • Ans. 

    The quick ratio is a financial metric used to measure a company's ability to meet its short-term obligations with its most liquid assets.

    • Quick ratio is calculated by dividing quick assets (cash, marketable securities, accounts receivable) by current liabilities.

    • A quick ratio of 1 or higher indicates that a company has enough liquid assets to cover its short-term liabilities.

    • A quick ratio below 1 may suggest that a comp...

  • Answered by AI
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about yourself
  • Ans. 

    I am a detail-oriented Tax Associate with a strong background in accounting and tax law.

    • Graduated with a degree in Accounting

    • Completed internships at accounting firms

    • Experience preparing tax returns for individuals and businesses

    • Familiar with tax laws and regulations

    • Strong analytical and problem-solving skills

  • Answered by AI
  • Q2. Basic accounting questions
Round 2 - HR 

(1 Question)

  • Q1. General question

I applied via Campus Placement and was interviewed in Aug 2022. There were 2 interview rounds.

Round 1 - Aptitude Test 

Learn about p and l and bakancesheet

Round 2 - Technical 

(1 Question)

  • Q1. Learn all basic account question

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and speak well all the best
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Normally easy question

Round 2 - One-on-one 

(2 Questions)

  • Q1. Tell me about your self
  • Q2. Why pwc, why i hire you

Interview Preparation Tips

Interview preparation tips for other job seekers - be prepared
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
No response

I applied via Naukri.com and was interviewed in Mar 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

Test of 15 questions

Round 2 - Technical 

(2 Questions)

  • Q1. Tell me about yourself
  • Q2. Why did you left your last job

Interview Preparation Tips

Interview preparation tips for other job seekers - Good prepared interview
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via campus placement at Justice KSHegde Institute of Management, Mamit and was interviewed before Sep 2022. 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 - Aptitude Test 

Balance sheet and general knowledge

Round 3 - One-on-one 

(2 Questions)

  • Q1. Balance sheet items
  • Q2. Accrued items meanings of balance sheet
  • Ans. 

    Accrued items on the balance sheet refer to expenses that have been incurred but not yet paid.

    • Accrued items are liabilities that represent expenses that have been recognized but not yet paid.

    • They are recorded on the balance sheet as a current liability.

    • Examples include accrued salaries, accrued interest, and accrued taxes.

    • Accrued items are typically adjusted at the end of an accounting period to reflect the accurate fi

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Please learn and learn
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-

I applied via Campus Placement

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Aptitude Test 

There will be more 11 section with limited time

Round 3 - Technical 

(5 Questions)

  • Q1. In depth Financial and Accounting Knowledge
  • Q2. Bad Note and Depreciation
  • Q3. Financial Statements
  • Q4. Fund Flow Statement
  • Q5. Ratios and Journal entry

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and try to give your answers with an example.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via campus placement at Badruka College of Commerce And Arts, Hyderabad and was interviewed before Apr 2023. There were 3 interview rounds.

Round 1 - Aptitude Test 

It was a simple aptitude test consisting of versent,reasoning and accounting questions.As long as you are good in english and accountancy this should be a piece of cake

Round 2 - Technical 

(2 Questions)

  • Q1. What is depreciation?
  • Ans. 

    Depreciation is the allocation of the cost of a tangible asset over its useful life.

    • Depreciation is a non-cash expense that reduces the value of an asset over time.

    • It reflects the wear and tear, aging, or obsolescence of an asset.

    • Common methods of calculating depreciation include straight-line, double declining balance, and units of production.

    • Examples of depreciable assets include buildings, vehicles, machinery, and e

  • Answered by AI
  • Q2. Tell me about golden rules of accountancy
  • Ans. 

    Golden rules of accountancy are basic principles that guide the process of recording financial transactions.

    • There are three golden rules of accountancy: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit all expenses and losses, Credit all incomes and gains.

    • These rules help ensure that financial transactions are recorded accurately and consistently.

    • For example, when a company receive...

  • Answered by AI
Round 3 - HR 

(3 Questions)

  • Q1. Mention something that is not in your resume
  • Q2. Do you read newspapers?
  • Ans. 

    Yes, I read newspapers regularly to stay updated on current events and developments.

    • I read newspapers to stay informed about current events and developments in the tax field.

    • Reading newspapers helps me stay up-to-date on changes in tax laws and regulations.

    • I also read newspapers to understand the impact of current events on the economy and tax policies.

  • Answered by AI
  • Q3. Why should we hire you?

Interview Preparation Tips

Topics to prepare for KPMG India Tax Associate interview:
  • Accounting
Interview preparation tips for other job seekers - Just be confident and honest.Speak clearly and with clarity.Prepare extensively about the company,accountancy(especially basic ones that is part of syllabus of first year) and most importantly about yourself(strengths/weaknesses and many more)
If you get nervous just imagine that the interviewer is a child who is curious about you.

Deloitte Interview FAQs

How many rounds are there in Deloitte Tax Associate interview?
Deloitte interview process usually has 1-2 rounds. The most common rounds in the Deloitte interview process are One-on-one Round and Aptitude Test.

Tell us how to improve this page.

Interview Questions from Similar Companies

TCS Interview Questions
3.7
 • 10.3k Interviews
Accenture Interview Questions
3.9
 • 8.1k Interviews
Capgemini Interview Questions
3.8
 • 4.8k Interviews
IBM Interview Questions
4.0
 • 2.4k Interviews
PwC Interview Questions
3.4
 • 1.4k Interviews
Ernst & Young Interview Questions
3.4
 • 1.1k Interviews
KPMG India Interview Questions
3.5
 • 790 Interviews
ZS Interview Questions
3.4
 • 478 Interviews
BCG Interview Questions
3.8
 • 195 Interviews
View all
Deloitte Tax Associate Salary
based on 24 salaries
₹2.4 L/yr - ₹7.7 L/yr
11% less than the average Tax Associate Salary in India
View more details

Deloitte Tax Associate Reviews and Ratings

based on 4 reviews

4.7/5

Rating in categories

4.5

Skill development

1.7

Work-life balance

5.0

Salary

5.0

Job security

4.2

Company culture

4.7

Promotions

4.0

Work satisfaction

Explore 4 Reviews and Ratings
Consultant
32.9k salaries
unlock blur

₹6.2 L/yr - ₹23 L/yr

Senior Consultant
20.6k salaries
unlock blur

₹11 L/yr - ₹42 L/yr

Analyst
13.9k salaries
unlock blur

₹3.8 L/yr - ₹12.6 L/yr

Assistant Manager
9.9k salaries
unlock blur

₹7.7 L/yr - ₹24 L/yr

Manager
7k salaries
unlock blur

₹15.7 L/yr - ₹53 L/yr

Explore more salaries
Compare Deloitte with

Accenture

3.9
Compare

PwC

3.4
Compare

Ernst & Young

3.4
Compare

Cognizant

3.8
Compare
Did you find this page helpful?
Yes No
write
Share an Interview