EY Global Delivery Services ( EY GDS) Associate Manager Interview Questions and Answers

Experienced professional with a background in project management and team leadership.

• Over 5 years of experience in project management

• Strong leadership skills demonstrated through successful team management

• Proven track record of delivering projects on time and within budget

• Excellent communication and problem-solving abilities

• Passionate about driving team success and achieving goals

Equity affects the profit and loss statement primarily through retained earnings and dividends, influencing overall financial health.

• Equity represents ownership in a company, impacting how profits are distributed.

• Retained earnings, part of equity, reflect cumulative profits not distributed as dividends, affecting future profit calculations.

• Dividends paid to shareholders reduce retained earnings, impacting the equity se...read more

Financial statements are formal records of the financial activities of a business, providing insights into its financial performance.

• 1. Income Statement: Shows revenue, expenses, and profit over a specific period. Example: Quarterly earnings report.

• 2. Balance Sheet: Snapshot of assets, liabilities, and equity at a specific point in time. Example: Year-end financial position.

• 3. Cash Flow Statement: Details cash inflows ...read more

The three golden rules of accounting guide how financial transactions are recorded and reported.

• 1. Debit what comes in, credit what goes out: This rule applies to personal accounts. For example, when a business purchases equipment, the equipment account is debited.

• 2. Debit all expenses and losses, credit all incomes and gains: This rule applies to nominal accounts. For instance, when a company earns revenue from sales,...read more

My favorite app is Spotify because it allows me to discover new music and create personalized playlists.

• Allows me to discover new music

• Create personalized playlists

• User-friendly interface

I would add a feature for personalized recommendations based on user preferences and behavior.

• Implement a recommendation algorithm to suggest relevant content or products to the user

• Allow users to customize their preferences and interests in the app settings

• Utilize user data such as past interactions and search history to tailor recommendations

• Include a 'Recommended for You' section on the app's homepage

Sell side deals refer to transactions where the seller is the focus, while buy side deals involve the buyer as the focus.

• Sell side deals involve selling assets or securities to clients or investors.

• Buy side deals involve purchasing assets or securities on behalf of clients or investors.

• Sell side deals are typically executed by investment banks or brokerage firms.

• Buy side deals are often carried out by asset management ...read more