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

Q1. IND AS transition
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Q2. How to handle complex accounting
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Best practices for handling complex accounting situations involve thorough research, clear communication, and attention to detail.
• Thoroughly research accounting standards and regulations related to the situation

• Communicate with relevant stakeholders to gather necessary information and ensure understanding

• Document all steps taken and decisions made to maintain a clear audit trail

• Seek guidance from experts or consultants...read more
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Q3. Team work and management
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Q1. What is the accrual process, and can you provide an example?
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Accrual process is a method of recognizing revenues and expenses when they are incurred, regardless of when cash is exchanged.
• Accrual process involves recording revenues and expenses in the period they are earned or incurred, regardless of when cash is received or paid.

• This method provides a more accurate representation of a company's financial position and performance.

• For example, if a company provides services in Dec...read more
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Q2. What is the prepaid process and how does it impact the profit and loss statement?
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Prepaid process involves receiving payment for goods or services before they are delivered, impacting profit and loss statement by deferring revenue recognition.
• Prepaid process involves receiving payment in advance for goods or services.

• Revenue from prepaid items is recognized gradually over time as the goods or services are delivered.

• Prepaid expenses are recorded as assets on the balance sheet until they are used or e...read more
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Q1. Explain P2p PROCESS
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Q2. Identify fraud risks
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Adobe Iluustrator assignment of a 4 pager layout

Q1. How will you deal with multiple projects
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Q2. How to deal with work related issues
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Address work related issues by communicating openly, seeking solutions collaboratively, and prioritizing tasks effectively.
• Communicate openly with colleagues and supervisors to address any issues that arise

• Seek solutions collaboratively by brainstorming with team members and seeking input from others

• Prioritize tasks effectively to ensure that important issues are addressed in a timely manner
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It's online test will get link in email.we need to complete it with specific time

Online assessment.need to complete it in 12 mins

Q1. Self introduction
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Q2. Previous experience
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Q1. About previous experience
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Q1. Journal entries related to deferred revenue, accrual
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Q2. Journal entries related to recording of expenses and incomes
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Q1. Ind AS knowledge, CARO
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