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

The first round includes some aptitude, basic programming questions and verbal with a final speech test

Q1. The interviewer asked some basic os questions.
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Q2. And moved on to projects and my skills, languages
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Q3. Finally interviewer tested my communication skills
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Q1. The hr was friendly and the round was very interactive, she explained about the job role, company and asked about myself.
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Q2. And we went a little bit onto my projects.
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Q1. Explain depreciation and Amortization
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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...read more
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Q2. What is auditing why do we do it
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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...read more
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Q3. What is professional scepticism
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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...read more
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Q4. Contents of financial Statements
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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...read more
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Q5. What are the responsibility of the Auditor
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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
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Q6. What is cash flow statement
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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...read more
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Q7. What are the reconciling items in BRS
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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...read more
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Q8. What are the rules for debit and credit
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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.
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Q1. Explain the difference between star schema and snowflake schema
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Q1. Questions around Spark Optimizations and then few sql and python medium level questions.
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Q1. In-Depth Project Discussion and scenario based questions in Spark
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Q1. What are the design patterns you know in java
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Design patterns in Java are reusable solutions to common problems in software design.
• Creational patterns (e.g. Singleton, Factory, Builder)

• Structural patterns (e.g. Adapter, Decorator, Facade)

• Behavioral patterns (e.g. Observer, Strategy, Template Method)
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Q2. What is daimond problem
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The diamond problem occurs in multiple inheritance when a class inherits from two classes that have a common ancestor, leading to ambiguity in method invocation.
• Diamond problem arises in multiple inheritance when a class inherits from two classes that have a common ancestor.

• It leads to ambiguity in method invocation as the compiler cannot determine which inherited method to invoke.

• Example: Class A has a method 'display...read more
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