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EY Global Delivery Services ( EY GDS) Auditor Interview Questions, Process, and Tips

Updated 29 Oct 2024

Top EY Global Delivery Services ( EY GDS) Auditor Interview Questions and Answers

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EY Global Delivery Services ( EY GDS) Auditor Interview Experiences

2 interviews found

Auditor Interview Questions & Answers

user image Daryl S

posted on 29 Oct 2024

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
-
Result
-

I applied via Approached by Company and was interviewed in Sep 2024. There was 1 interview round.

Round 1 - One-on-one 

(8 Questions)

  • Q1. Explain depreciation and Amortization
  • Ans. 

    Depreciation is the allocation of the cost of tangible assets over their useful life, while amortization is the allocation of the cost of intangible assets over their useful life.

    • Depreciation is used for tangible assets like buildings, machinery, vehicles, etc.

    • Amortization is used for intangible assets like patents, copyrights, trademarks, etc.

    • Both depreciation and amortization help in spreading out the cost of an asse...

  • Answered by AI
  • Q2. What is auditing why do we do it
  • Ans. 

    Auditing is the process of examining financial records to ensure accuracy and compliance with laws and regulations.

    • Auditing helps to detect and prevent fraud and errors in financial statements.

    • It provides assurance to stakeholders that the financial information is reliable.

    • Auditing is required by law for publicly traded companies to protect investors.

    • It helps improve internal controls and operational efficiency.

    • Auditor...

  • Answered by AI
  • Q3. What is professional scepticism
  • Ans. 

    Professional scepticism is the attitude of doubting and questioning information, evidence, and assumptions in auditing to ensure objectivity and thoroughness.

    • Professional scepticism involves maintaining a questioning mindset throughout the audit process.

    • Auditors should not automatically accept information provided by the client, but instead critically evaluate and verify it.

    • It is essential for auditors to remain indepe...

  • Answered by AI
  • Q4. Contents of financial Statements
  • Ans. 

    Financial statements include balance sheet, income statement, cash flow statement, and statement of changes in equity.

    • Balance sheet shows assets, liabilities, and equity at a specific point in time.

    • Income statement shows revenues, expenses, and net income over a period of time.

    • Cash flow statement shows cash inflows and outflows from operating, investing, and financing activities.

    • Statement of changes in equity shows cha...

  • Answered by AI
  • Q5. What are the responsibility of the Auditor
  • Ans. 

    The responsibilities of an Auditor include examining financial records, ensuring compliance with laws and regulations, and providing accurate and unbiased reports.

    • Examining financial records to ensure accuracy and compliance

    • Ensuring compliance with laws and regulations

    • Providing accurate and unbiased reports to stakeholders

    • Identifying and reporting any discrepancies or fraud

    • Communicating findings and recommendations to

  • Answered by AI
  • Q6. What is cash flow statement
  • Ans. 

    Cash flow statement is a financial report that shows the inflows and outflows of cash in a business over a specific period of time.

    • It provides insights into a company's liquidity and ability to meet its financial obligations.

    • Consists of three main sections: operating activities, investing activities, and financing activities.

    • Helps investors and analysts assess the financial health of a company.

    • Example: Cash flow from o...

  • Answered by AI
  • Q7. What are the reconciling items in BRS
  • Ans. 

    Reconciling items in a Bank Reconciliation Statement (BRS) are differences between the bank statement and the company's records.

    • Outstanding checks: Checks issued by the company but not yet presented for payment by the recipient.

    • Deposits in transit: Cash or checks received by the company but not yet recorded by the bank.

    • Bank errors: Mistakes made by the bank in recording transactions.

    • Interest earned: Interest income ear...

  • Answered by AI
  • Q8. What are the rules for debit and credit
  • Ans. 

    Debits and credits are used in double-entry accounting to record financial transactions.

    • Debits increase assets and expenses, and decrease liabilities and revenues.

    • Credits increase liabilities and revenues, and decrease assets and expenses.

    • Debits are recorded on the left side of an account, while credits are recorded on the right side.

    • The accounting equation must always balance, with total debits equaling total credits.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare for the job role thoroughly

Auditor Interview Questions & Answers

user image Anonymous

posted on 9 Aug 2024

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Approached by Company and was interviewed in Jul 2024. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. Introduce yourself
  • Ans. 

    Experienced auditor with a strong attention to detail and analytical skills.

    • Over 5 years of experience in auditing financial records

    • Proficient in conducting risk assessments and identifying control weaknesses

    • Strong communication skills to effectively communicate findings to stakeholders

  • Answered by AI
  • Q2. Audit procedures for inventory
  • Ans. 

    Audit procedures for inventory involve physical counts, observation of inventory movements, and reconciliation with financial records.

    • Conduct physical counts of inventory to verify quantities on hand

    • Observe inventory movements to ensure proper recording and valuation

    • Reconcile inventory counts with financial records to identify discrepancies

    • Perform test counts to validate accuracy of inventory records

    • Review inventory va

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare your as properly

Auditor Interview Questions Asked at Other Companies

Q1. What is difference between SBI and other nationalised banks?
asked in Nielsen
Q2. Which company are you using Toothpaste,Toilet soup ,contrasafety? ... read more
Q3. 2. How would you manage client's queries?
Q4. What is retail ? Requirements to know before opening the retail s ... read more
Q5. What are the key steps involved in the financial audit ?

Interview questions from similar companies

Associate Interview Questions & Answers

PwC user image Anonymous

posted on 13 May 2018

Interview Questionnaire 

1 Question

  • Q1. Normally they asked from CMA Syllabus

Interview Preparation Tips

Round: Test
Experience: Syllabus for written test is CMA Syllabus, general knowledge in Computer.

Associate Interview Questions & Answers

PwC user image Anonymous

posted on 10 May 2018

I applied via Approached by Company and was interviewed in Aug 2017. There were 5 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Solve few SQL joins.
  • Q2. .Net developer profile and the technologies I can get, everything was eye wash post joining

Interview Preparation Tips

Round: Manager + Lead round (not sure what kind of round is this)
Experience: details about the work profile, most of which never happened post joining.

General Tips: If you come from technical background, please do not join PwC SDC and jeopardize our career. There is no technical setup, neither any infrastructure, technical work wont just happen except for few bits n pieces UI work here n there. This is not a company for technical people.
Skills: Communication
Duration: 1-4 weeks

Interview Preparation Tips

Round: Interview
Experience: Quizzed on opinions of the Construction Industry.

General Tips: 1. Be prepared on the courses and project works that you mention in your resume2. Read newspapers, blogs about the construction industry and keep yourself updated
Skill Tips: """"
Skills: Infrastructure Planning, Infrastructure Management, Construction Management, Project Management
College Name: VIT Chennai

Interview Preparation Tips

Round: Test
Experience: Deloitte selection procedure involves a written test which is
same as CAT format (certainly not that tough). Though I had not joined any test series to prepare for it, but I must strongly recommend that you should actually join a test series (provided by Career Launcher or
TIME). This test series will actually help you to synchronize your mind to the format and moreover it would help to refresh the question solving skills which you used to exercise while preparing for JEE.

Round: Group Discussion
Experience: general topic is given (mostly it is as to how you would go for implementing a new type of technology in a company, and hence you all have to decide the stepwise procedure for the implementation), then whole of the group is called in presentation room where each one is told personally to speak about the same topic as that of GD. This constitutes
second round. Finally, if you clear it, you get to face the interviews.
Tips: From now onwards, start reading newspaper daily. Just give at least one hour reading the editorials from newspaper and make it your habit. Not only for GD's, but for life in general, its very important that you should have a certain view about things happening around you and in the world and newspapers are the best thing which help you form your views and also know about the expert opinions on day to day topics. So, make sure that you read newspaper daily.

Round: Other Interview
Experience: For interview, main thing is that you should be well conversed about everything you have mentioned on your resume. So, before you go for any interview, just make sure that you can speak about for 5 minutes on
every single thing in resume. Deloitte is a company which is open for all the btech students and hence its mainly looking for the students who have a right attitude and are good at their interests.
Tips: have a perfect set of communication skills. I had not done
any special type of preparations for the interview or group discussions but all these skills actually developed during these years. I would advise that in order to gain more confidence at speaking, you should start taking challenges from now on and should actively participate in any sort of debates and GD.

College Name: IIT Roorkee

I was interviewed before Sep 2016.

Interview Questionnaire 

1 Question

  • Q1. It was an online technical test. Questions were related to ME outlook, mobile device management , Networking and many more

Interview Preparation Tips

Round: Grammar Round
Experience: It was a written English grammar test to analyse how grammatically sound you are.
Tips: Just revise your basic English grammar like prepositions verbs nd essay/paragraph writing

Round: COMMUNICATION SKILLS Round
Experience: In this round they ask you to speak something on the given topic or sometimes group discussion . Basically they test your vocabulary, your thought process, pronunciation, accent and above all confidence.
Tips: Be confident in whatever you speak. Remember if you get nervous you will need with your words .

Round: Technical Interview
Experience: This was an online test and it had 50 questions all objective types.
Tips: Be technically sound. You cannot Google them as these search engines are blocked

College Name: Babu Banarasi Das National Institute Of Technology And Management (BBDNITM)

Analyst Interview Questions & Answers

HCLTech user image Raj Hrithik

posted on 2 Sep 2017

I was interviewed in Jul 2017.

Interview Questionnaire 

1 Question

  • Q1. Experience summary and the roles

Interview Preparation Tips

Round: Test
Experience: I was allowed to write a test for 2hrs in that each headings seems to be different and also there is a section heading marks
Duration: 2 hours
Total Questions: 70

Round: Technical Interview
Experience: After finishing i was advised to attend 2nd round in that they ask about the detailed experience of my previous company and finally technical terms question also flows

Skills: Logical And Structured Thinking, Communication And Confidence, Attitude, Psychometric Test, Project Management

Analyst Interview Questions & Answers

IBM user image Anonymous

posted on 28 Feb 2015

Interview Questionnaire 

4 Questions

  • Q1. Are you flexible with night shifts?
  • Ans. 

    Yes, I am flexible with night shifts.

    • I have worked night shifts before and am comfortable with them.

    • I understand the importance of being available for work at all times.

    • I am willing to adjust my schedule to meet the needs of the company.

    • I am aware that night shifts may require a different sleep schedule and am prepared to make necessary adjustments.

  • Answered by AI
  • Q2. How can you prove to be an asset to our company?
  • Ans. 

    I have the skills, experience, and passion to contribute to the growth and success of your company.

    • My extensive experience in the industry will allow me to bring new ideas and perspectives to the table.

    • I have a proven track record of achieving targets and exceeding expectations.

    • My strong communication and interpersonal skills will enable me to work effectively with colleagues and clients alike.

    • I am a quick learner and ...

  • Answered by AI
  • Q3. Why are you not opting for post -graduations?
  • Ans. 

    I believe gaining practical experience is more valuable than pursuing further education at this point.

    • I want to focus on gaining practical experience in my field

    • I feel that further education may not necessarily enhance my skills or job prospects

    • I am satisfied with my current level of education and feel it is sufficient for my career goals

  • Answered by AI
  • Q4. Why didn’t you pursue graduation in your own home town?
  • Ans. 

    I wanted to explore new opportunities and gain exposure to different cultures.

    • I wanted to broaden my horizons and experience new things.

    • I believed that studying in a different city would provide me with more opportunities for personal and professional growth.

    • I wanted to meet new people and learn about different cultures.

    • I was excited to explore a new city and all that it had to offer.

    • I felt that studying in a different...

  • Answered by AI

Interview Preparation Tips

Round: Test
Experience: The written test had questions from quantitative aptitude and logical reasoning.

Round: HR Interview
Experience: After that was the interview round. In the interview round they asked me about what were my goals and where do I see myself in three years from now. They also asked me the reason why they should select me and not others.  
Second round of interview was a telephonic round. It was as follows:

1. A situation was given "You are a sales executive and the order of your customer has not reached his place. How can you help him out with this?

2. I was asked to pronounce few words like television, specialization etc.

3. To make a story on a phrase "dark stormy night ".

College Name: DELHI COLLEGE OF ARTS AND COMMERCE

I was interviewed in Aug 2016.

Interview Questionnaire 

1 Question

  • Q1. Technical questions about audit and law were asked

Interview Preparation Tips

Round: Test
Experience: The candidate's hold over the english language was tested by asking him to write about his ambition over the course and some technical topic
Duration: 45 minutes
Total Questions: 2

Round: Technical Interview
Experience: The confidence of answering and the courage of admitting that i dont know the answer was tested

College Name: BMCC

EY Global Delivery Services ( EY GDS) Interview FAQs

How many rounds are there in EY Global Delivery Services ( EY GDS) Auditor interview?
EY Global Delivery Services ( EY GDS) interview process usually has 1 rounds. The most common rounds in the EY Global Delivery Services ( EY GDS) interview process are HR and One-on-one Round.
What are the top questions asked in EY Global Delivery Services ( EY GDS) Auditor interview?

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

  1. What are the responsibility of the Audi...read more
  2. What is auditing why do we do...read more
  3. What are the reconciling items in ...read more

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EY Global Delivery Services ( EY GDS) Auditor Interview Process

based on 3 interviews

Interview experience

4.7
  
Excellent
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EY Global Delivery Services ( EY GDS) Auditor Salary
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₹3.4 L/yr - ₹10 L/yr
22% more than the average Auditor Salary in India
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EY Global Delivery Services ( EY GDS) Auditor Reviews and Ratings

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3.4/5

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3.3

Skill development

2.4

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2.9

Salary

3.3

Job security

3.3

Company culture

2.5

Promotions

2.3

Work satisfaction

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