Ernst & Young Consultant Interview Questions, Process, and Tips

Q1. IT realated questions and audit relatedd
Add your answer
Q2. IT audit related questions were there
Add your answer

Q1. What are the automations you have done in financial reporting project
Ans. 
Implemented automations in financial reporting project to streamline processes and improve accuracy.
• Developed automated templates for financial statements

• Utilized software to automatically generate reports based on predefined criteria

• Implemented data integration tools to streamline data collection and analysis

• Set up automated alerts for discrepancies or anomalies in financial data
Answered by AI
Add your answer
Q2. What do you understand by derivatives
Ans. 
Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.
• Derivatives can be used for hedging, speculation, or arbitrage.

• Common types of derivatives include options, futures, forwards, and swaps.

• Derivatives allow investors to take positions on the future price movements of assets without actually owning the assets.

• They can be used to manage risk by offsetting potential los...read more
Answered by AI
Add your answer

Q1. Domain experience
Add your answer
Q2. Previous experience
Add your answer

Market Research on desired shares and portfolio

Q1. TCS configuration
Add your answer
Q2. Tax determination
Add your answer
Q3. FSCM Credit Management
Add your answer
Q4. Batch management
Add your answer

Q1. What is rank function
Ans. 
Rank function is used to assign a rank to each row within a partition of a result set.
• Rank function assigns a unique rank to each row within a partition of a result set.

• It does not skip ranks in case of ties, meaning if two rows have the same value, they will have the same rank.

• Example: If there are three rows with values 10, 20, and 20, the ranks assigned would be 1, 2, and 2 respectively.
Answered by AI
Add your answer