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

S4 HANA Finance end to end implementation involves implementing SAP's latest finance solution.

• Understand the business requirements and map them to S4 HANA Finance functionalities

• Design the finance processes and configure S4 HANA Finance accordingly

• Migrate data from legacy systems to S4 HANA Finance

• Test the system thoroughly to ensure all functionalities are working as expected

• Train end users on using S4 HANA Finance ef...read more

Depreciation is the allocation of the cost of tangible assets over their useful life, while impairment is a reduction in the value of assets.

• Depreciation is a non-cash expense that reflects the wear and tear of tangible assets over time.

• Impairment occurs when the carrying amount of an asset exceeds its recoverable amount.

• Depreciation is recorded on the income statement, while impairment is recognized on the balance she...read more

FRS 16 is a financial reporting standard that deals with accounting for leases.

• FRS 16 requires lessees to recognize assets and liabilities for all leases, unless the lease term is 12 months or less or the underlying asset has a low value.

• It classifies leases as either finance leases or operating leases, with different accounting treatments for each.

• Under FRS 16, lessees must recognize a right-of-use asset representing ...read more

IAS 38 is an accounting standard that deals with the recognition and measurement of intangible assets.

• IAS 38 defines intangible assets as identifiable non-monetary assets without physical substance.

• Intangible assets must be recognized if it is probable that future economic benefits will flow to the entity.

• Intangible assets are initially measured at cost, and then can be carried at cost or revalued.

• Examples of intangibl...read more

A data warehouse is a structured repository for storing and analyzing structured data, while a data lake is a centralized repository for storing and analyzing structured, semi-structured, and unstructured data.

• Data Warehouse: Stores structured data, follows a schema, optimized for querying and analysis.

• Data Lake: Stores structured, semi-structured, and unstructured data, schema-on-read, supports exploratory analysis.

• Da...read more

Azure Data Lake Gen2 is a scalable and secure cloud-based storage solution for big data analytics.

• Combines the scalability of Azure Blob Storage with the hierarchical file system of Azure Data Lake Storage Gen1

• Supports both structured and unstructured data

• Provides high throughput and low latency access to data

• Offers advanced security features like encryption and access control

• Integrates with various Azure services like