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

Q1. Resume discussion
Add your answer

Q1. Question related to PowerBI SQL and Python
Add your answer

Q1. Managerial Discussion
Add your answer

Q1. Compensation discussion
Add your answer

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

Q1. The interviewer asked some basic os questions.
Add your answer
Q2. And moved on to projects and my skills, languages
Add your answer
Q3. Finally interviewer tested my communication skills
Add your answer

Q1. The hr was friendly and the round was very interactive, she explained about the job role, company and asked about myself.
Add your answer
Q2. And we went a little bit onto my projects.
Add your answer

Easy aptitude questions

Q1. As my projects were from AI. The interviewer ask the questions related to decision tree, random forest
Add your answer

Q1. Why should I hire you?
Add your answer
Q2. Location preferences
Add your answer

Q1. Explain depreciation and Amortization
Ans. 
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
Answered by AI
Add your answer
Q2. What is auditing why do we do it
Ans. 
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
Answered by AI
Add your answer
Q3. What is professional scepticism
Ans. 
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
Answered by AI
Add your answer
Q4. Contents of financial Statements
Ans. 
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
Answered by AI
Add your answer
Q5. What are the responsibility of the Auditor
Ans. 
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
Answered by AI
Add your answer
Q6. What is cash flow statement
Ans. 
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
Answered by AI
Add your answer
Q7. What are the reconciling items in BRS
Ans. 
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
Answered by AI
Add your answer
Q8. What are the rules for debit and credit
Ans. 
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.
Answered by AI
Add your answer

Q1. Explain the difference between star schema and snowflake schema
Ans. 
Star schema has a single fact table connected to multiple dimension tables, while snowflake schema has normalized dimension tables.
• Star schema denormalizes data for faster query performance.

• Snowflake schema normalizes data to reduce redundancy and improve data integrity.

• Star schema is easier to understand and query, but snowflake schema is more flexible and scalable.

• Example: A star schema for a sales database would hav...read more
Answered by AI
Add your answer

Q1. Questions around Spark Optimizations and then few sql and python medium level questions.
Add your answer

Q1. In-Depth Project Discussion and scenario based questions in Spark
Add your answer