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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

I applied via Naukri.com and was interviewed before Apr 2020. There were 5 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Basic questions only ... regarding job and experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident ... always say the truth ... never try to fake your details

I applied via Campus Placement and was interviewed in Jul 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Why Java is platform independent?
  • Ans. 

    Java is platform independent due to its bytecode and JVM.

    • Java code is compiled into bytecode which is platform-independent.

    • JVM (Java Virtual Machine) interprets the bytecode and executes it on any platform.

    • JVM acts as an abstraction layer between the Java code and the underlying hardware.

    • This allows Java programs to run on any platform that has a JVM installed.

    • For example, a Java program written on a Windows machine ca...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Java is platform-independent because it does not depend on any type of platform. Hence, Java is platform-independent language. In Java, programs are compiled into byte code and that byte code is platform-independent. ... Any machine to execute the byte code needs the Java Virtual Machine.

Skills evaluated in this interview

I applied via Walk-in and was interviewed before Feb 2020. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Its for FP&A process and the major questions were from the basics of FP&A. How it starts and how its ends and Previous job roles.

Interview Preparation Tips

Interview preparation tips for other job seekers - It's quite a moderate interview but be prepare for more rounds of technical interviews.

I applied via Job Fair and was interviewed before Feb 2021. There were 2 interview rounds.

Round 1 - Aptitude Test 
Round 2 - One-on-one 

(1 Question)

  • Q1. Basic accounting methods and journals

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident About what you are saying

Interview Questionnaire 

1 Question

  • Q1. 1)Tmaus? 2 ) why are you lefted previous job? 3) technical skills knowledge 4) work in under pressure? 5) hr round 6) manager round

I applied via Walk-in and was interviewed in Jan 2019. There were 4 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Work experience in current organisation
  • Q2. What is unique about you
  • Ans. 

    I have a unique combination of analytical skills, creativity, and strong attention to detail.

    • I have a background in both finance and graphic design, allowing me to approach problems from multiple perspectives.

    • I excel at finding innovative solutions to complex problems.

    • I am known for my ability to think outside the box and come up with creative solutions.

    • I have a keen eye for detail and always strive for perfection in m

  • Answered by AI
  • Q3. What you value added to your last organisation
  • Ans. 

    I added value to my last organization by implementing data-driven strategies to improve efficiency and decision-making.

    • Implemented data analytics tools to optimize processes and identify cost-saving opportunities

    • Developed KPI dashboards to track performance and make informed business decisions

    • Led cross-functional teams to successfully launch new products and services

    • Provided training and mentorship to junior analysts t

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be honest and bold

I applied via Recruitment Consultant and was interviewed before Oct 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Communication and interpersonal and Team handle qualities

Interview Preparation Tips

Interview preparation tips for other job seekers - Be frank and say loudly what u r going to say be positive

Interview Questionnaire 

1 Question

  • Q1. Tell about urself
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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
based on 31 salaries
₹3.4 L/yr - ₹9.8 L/yr
17% more than the average Auditor Salary in India
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EY Global Delivery Services ( EY GDS) Auditor Reviews and Ratings

based on 13 reviews

3.4/5

Rating in categories

3.3

Skill development

2.4

Work-life balance

2.9

Salary

3.3

Job security

3.3

Company culture

2.5

Promotions

2.3

Work satisfaction

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