EY Global Delivery Services ( EY GDS) Associate Analyst Interview Questions and Answers for Experienced

Maths accountancy excel test

Q1. Basic accounting questions
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Q2. Formula of cogs
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COGS stands for Cost of Goods Sold, and the formula to calculate it is Opening Inventory + Purchases - Closing Inventory.
• COGS = Opening Inventory + Purchases - Closing Inventory

• Opening Inventory: The value of inventory at the beginning of the accounting period

• Purchases: The cost of inventory purchased during the accounting period

• Closing Inventory: The value of inventory at the end of the accounting period

• Example: Openi...read more
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Q3. Bank reconciliation
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Q4. Trial balance related
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Q5. Accounting entries
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Q1. Amendments on Caro
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Amendments on Caro refer to changes made to the Companies (Auditor's Report) Order, which outlines the format and content of auditor's reports for companies.
• Amendments on Caro are made by the Ministry of Corporate Affairs to ensure compliance with changing regulations and standards.

• These amendments may include updates to reporting requirements, disclosure of key audit matters, or changes in the format of the auditor's ...read more
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Q2. FSA based questions
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Q1. Technical - Related Ta process and other things
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Q1. HR asked about your profile.
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Q1. Written test include some technical ,mail writing
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Q1. Virtual interview of technical questions included accountancy, taxation,audit
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Q1. Previous organization experiences
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Q2. Technical questions
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Q3. Personal Introduction
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Q1. ERP knowledge & experience
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Q1. Personal introduction
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Q1. Why do you want to work in forensic audit? What do you know about Procurement fraud? Case study question
Ans. 
I want to work in forensic audit to utilize my analytical skills and attention to detail in uncovering financial fraud.
• Interested in investigating financial discrepancies and uncovering fraudulent activities

• Passionate about analyzing data and identifying patterns to detect fraud

• Enjoy working in a challenging and dynamic environment where problem-solving skills are essential

• Familiar with auditing procedures and regulati...read more
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Q2. Previous experiences in audit
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I have previous experience in audit through internships and projects during my time in university.
• Completed internships at accounting firms where I conducted audit procedures

• Participated in audit projects for university courses

• Utilized audit software to analyze financial data

• Developed strong attention to detail and analytical skills
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Q1. Tell me about yourself
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Q2. Why do you want to work in forensic audit dept?
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