Ernst & Young Consultant Interview Questions, Process, and Tips

Objective type question

Q1. About my current work
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Q2. Account receivable
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Q1. Articleship experience, Direct Tax updates, Financial Analysis and Management
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Q1. Family background, Willingness to travel for job
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Q1. General questions about your previous work experience, your skills & your last drawn salary not too much.
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Q1. What are your skills and previous work experiences, and how do they relate to the current role and its responsibilities? Additionally, what questions do you have that you would like to ask?
Ans. 
I have a strong background in consulting with experience in data analysis, project management, and client communication.
• Experience in conducting data analysis to provide insights and recommendations for clients

• Skilled in project management to ensure timely delivery of projects within budget

• Effective communication skills to build and maintain relationships with clients

• Previous work experience in consulting firm XYZ wher...read more
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Q1. Tell us your self
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Q2. Data Cleaning Techniques mentioned in project
Ans. 
Data cleaning techniques include removing duplicates, handling missing values, standardizing data formats, and correcting errors.
• Removing duplicates by identifying and deleting identical records

• Handling missing values by imputing with mean, median, or mode

• Standardizing data formats by converting text to lowercase, removing special characters, and formatting dates

• Correcting errors by using data validation rules and outl
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Q1. What do you know about Audit?
Ans. 
Audit is a systematic examination of financial records, statements, or operations to ensure accuracy and compliance with laws and regulations.
• Audit involves reviewing financial records, statements, and operations of a company or organization.

• The purpose of an audit is to ensure accuracy, reliability, and compliance with laws and regulations.

• Auditors may also provide recommendations for improving financial processes and...read more
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Q2. How do you manage risks in daily life?
Ans. 
I manage risks in daily life by identifying potential risks, assessing their impact, and taking proactive measures to mitigate them.
• Identifying potential risks by analyzing the situation and considering all possible outcomes

• Assessing the impact of each risk on my daily life and prioritizing them based on severity

• Taking proactive measures to mitigate risks, such as creating contingency plans or seeking advice from exper...read more
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