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

There is question of verbal speaking, quant in aptitude and bit of technical questions.

Q1. Why "well" are round?
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Q2. More about my hobbies
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Q3. Disscusion on my projects
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Q1. Tell about IND AS 115
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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
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Q2. What are audit risks
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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
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Q1. Tell about an accounting standard(IFRS)
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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
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Q2. How to audit cash and bank
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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
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Q1. Where did you use Service Bus in your application?
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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
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Q2. SOLID Principles and OOPS
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Q3. How is Authorization implemented at your organization?
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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
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Q4. Why prefer Entity Framework Core over Entity Framework?
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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
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