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

Q1. Difference between consolidated and combines return
Ans. 
Consolidated return includes financial information of a parent company and its subsidiaries, while combined return includes financial information of multiple entities without elimination of intercompany transactions.
• Consolidated return combines financial information of a parent company and its subsidiaries into one tax return.

• Combined return combines financial information of multiple entities without elimination of int...read more
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Q1. General HR Questions
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Simple aptitude questiona

Q1. Bubble sort coding question abd remaining HR questions
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Q1. How to identify public & private DNS ?
Ans. 
Public DNS can be accessed by anyone on the internet, while private DNS is restricted to a specific group or organization.
• Public DNS servers are typically provided by third-party companies like Google (8.8.8.8) or Cloudflare (1.1.1.1)

• Private DNS servers are used within a specific network, such as a company's internal network, and are not accessible from the public internet

• Public DNS records can be queried using tools l...read more
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Q2. Terraform destroy plan how to know?
Ans. 
Terraform destroy plan can be known by running 'terraform plan -destroy'
• Run 'terraform plan -destroy' to see the destroy plan before executing it

• Review the output to ensure only the intended resources will be destroyed

• Use '--out' flag to save the plan to a file for later execution
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Q1. How to audit cash
Ans. 
Auditing cash involves verifying physical cash on hand, reconciling cash transactions, and testing internal controls.
• Verify physical cash on hand by counting cash in the safe and petty cash funds

• Reconcile cash transactions by comparing cash receipts and disbursements with bank statements

• Test internal controls by reviewing cash handling procedures and segregation of duties

• Perform surprise cash counts to deter fraud and ...read more
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Q2. Revenue recognition
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