EY Global Delivery Services ( EY GDS) Sales Team Leader Interview Questions and Answers for Experienced

Q1. Basic Accounting Journal Entries
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Q2. Basic audit questions
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Q1. I have appeared for statutory audit interview in January 2021. Questions were based on Ind AS 116 115 EPS, Inventory , CARO, IFC, Controls Etc. Articleship experience in detail.( All type of worked carried...read more
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Q1. Tell me something about your self
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Q2. Why KPMG and not others
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Q1. Details about IFRS 15 with examples
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IFRS 15 is a revenue recognition standard that outlines principles for recognizing revenue from contracts with customers.
• IFRS 15 provides a single, comprehensive revenue recognition model for all contracts with customers.

• It requires entities to identify performance obligations in a contract and allocate the transaction price to each obligation based on their standalone selling prices.

• Revenue is recognized when control ...read more
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Q2. Scenario based questions
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Q3. How to test debtors more than 3 years
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Testing debtors more than 3 years involves thorough analysis of financial records and communication with debtors.
• Review financial statements for outstanding debts older than 3 years

• Contact debtors directly to inquire about the status of the debt and attempt to collect payment

• Consider legal action if necessary to recover the debt

• Evaluate the likelihood of collecting the debt and adjust financial records accordingly
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Q1. What is toe in audit
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Toe in audit refers to the practice of comparing the financial statements of a company with industry standards to identify any discrepancies.
• Toe in audit helps in identifying any potential errors or fraud in the financial statements.

• It involves comparing the financial ratios, performance metrics, and key indicators of a company with industry benchmarks.

• By conducting toe in audit, auditors can assess the financial healt...read more
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Q2. What is tod in audit
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TOD in audit stands for Test of Details, which involves examining individual transactions or account balances to ensure accuracy and completeness.
• TOD is a detailed examination of specific transactions or account balances in an audit.

• It focuses on verifying the accuracy and completeness of financial information.

• Examples of TOD include testing the existence of inventory by physically counting items, or confirming account...read more
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Basic Accounting rectification entries, Basic Code based reasoning, and directional questions

Q1. Mutual Fund and hedging
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Q2. Why do you want to switch
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Q3. Why you want to work at NAV
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Q4. Basic Numerical question of NAV Calculation
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Q1. Which profile you want to choose
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Q2. Salary expectation
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