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

IND AS 115 is a new revenue recognition standard that replaces existing revenue recognition standards in India.

• IND AS 115 was issued by the Institute of Chartered Accountants of India (ICAI) to bring consistency and comparability in revenue recognition practices.

• It introduces a five-step model for revenue recognition, focusing on identifying the contract with the customer, identifying performance obligations, determini...read more

Audit risks are potential threats to the accuracy and reliability of financial statements during an audit.

• Audit risks include inherent risk, control risk, and detection risk.

• Inherent risk is the risk of material misstatement in the absence of internal controls.

• Control risk is the risk that internal controls will not prevent or detect material misstatements.

• Detection risk is the risk that the auditor will not detect a m...read more

IFRS stands for International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB).

• IFRS is used by companies across the globe to ensure consistency and transparency in financial reporting.

• IFRS includes guidelines on revenue recognition, financial statement presentation, and asset valuation.

• One example of an IFRS standard is IFRS 15, which deals wi...read more

Auditing cash and bank involves verifying physical cash, reconciling bank statements, and testing internal controls.

• Verify physical cash on hand with count and reconciliation to accounting records

• Reconcile bank statements with accounting records to ensure accuracy

• Test internal controls related to cash handling and bank transactions

• Review cash receipts and disbursements for proper authorization and documentation

I used Service Bus to implement asynchronous communication between microservices in my application.

• Implemented message queuing for decoupling services

• Used Service Bus to handle communication between different components

• Leveraged Service Bus for reliable message delivery

Authorization at our organization is implemented using role-based access control (RBAC) and OAuth.

• Role-based access control (RBAC) is used to assign permissions to roles, which are then assigned to users based on their job responsibilities.

• OAuth is used for authentication and authorization, allowing users to access resources based on their permissions and roles.

• Access control lists (ACLs) are also used to define specif

Entity Framework Core is preferred for its improved performance, cross-platform support, and new features.

• Entity Framework Core is faster and more lightweight compared to Entity Framework.

• Entity Framework Core supports cross-platform development, allowing for easier deployment on different operating systems.

• Entity Framework Core introduces new features like Global Query Filters, Owned Entities, and Value Conversions fo

Matplotlib is a plotting library for creating static, animated, and interactive visualizations in Python.

• Used for creating various types of plots such as line, bar, scatter, histogram, etc.

• Provides a MATLAB-like interface for easy plotting.

• Supports customization of plots with labels, titles, legends, colors, etc.

• Can be used in conjunction with NumPy and Pandas for data visualization.

• Example: import matplotlib.pyplot as

Code for Parent to child trigger in Salesforce

• Create a trigger on the parent object

• Query the child records related to the parent

• Perform necessary operations on the child records