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EY Global Delivery Services ( EY GDS) Assurance Staff Interview Questions and Answers

Updated 12 Aug 2023

EY Global Delivery Services ( EY GDS) Assurance Staff Interview Experiences

1 interview found

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Aug 2022. There were 2 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 - HR 

(3 Questions)

  • Q1. Internal Control Limitations.
  • Ans. 1. Management's consideration that cost of IC does not exceed its benefits. 2. Most Controls do not tend to be directed at unusual transactions. 3. The potential of human error. 4. Possible collusion with employees or outsiders. 5. Abuse of the authority by the person exercising it.
  • Answered Anonymously
  • Q2. Audit Risk and its components.
  • Ans. 

    Audit risk is the risk that the financial statements are materially misstated.

    • Audit risk consists of inherent risk, control risk, and detection risk.

    • Inherent risk is the risk of material misstatement before considering internal controls.

    • Control risk is the risk that a material misstatement could occur and not be prevented or detected on a timely basis by internal controls.

    • Detection risk is the risk that the auditor's p...

  • Answered by AI
  • Q3. Assertions to be checked for trade receivables.
  • Ans. 

    Assertions for trade receivables include existence, completeness, valuation, rights and obligations, and presentation and disclosure.

    • Existence - Ensure that the trade receivables actually exist and are not fictitious.

    • Completeness - Confirm that all trade receivables are included and nothing is omitted.

    • Valuation - Verify that trade receivables are recorded at their correct value.

    • Rights and obligations - Ensure that the ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident. It basically starts with greeting each other and we can always ask about their day.
While answering the questions if at anytime it feels that you might not be able to complete the answer or do not know the answer you can politely say that currently you are not aware but will surely look into it.

Be curious to know about the endeavours the position holds and show that curiosity.

Once the interview ends try to always ask questions or ask for clarifications. It can be even knowing the next step in the interview process. It shows the willingness and curiosity towards the position.

EY Global Delivery Services ( EY GDS) Interview FAQs

How many rounds are there in EY Global Delivery Services ( EY GDS) Assurance Staff interview?
EY Global Delivery Services ( EY GDS) interview process usually has 2 rounds. The most common rounds in the EY Global Delivery Services ( EY GDS) interview process are Resume Shortlist and HR.
What are the top questions asked in EY Global Delivery Services ( EY GDS) Assurance Staff interview?

Some of the top questions asked at the EY Global Delivery Services ( EY GDS) Assurance Staff interview -

  1. Assertions to be checked for trade receivabl...read more
  2. Audit Risk and its componen...read more
  3. Internal Control Limitatio...read more

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EY Global Delivery Services ( EY GDS) Assurance Staff Salary
based on 5 salaries
₹3 L/yr - ₹5.7 L/yr
22% more than the average Assurance Staff Salary in India
View more details

EY Global Delivery Services ( EY GDS) Assurance Staff Reviews and Ratings

based on 3 reviews

4.5/5

Rating in categories

4.5

Skill development

4.0

Work-life balance

4.3

Salary

4.5

Job security

4.5

Company culture

3.7

Promotions

4.0

Work satisfaction

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