EY Global Delivery Services ( EY GDS) Internal Auditor Interview Questions and Answers

Q1. Question were asked within the domain!
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Q2. Major observations during Articleship period
Ans. 
Learned about financial statement preparation, audit procedures, and client communication.
• Assisted in the preparation of financial statements for clients

• Conducted audit procedures such as testing internal controls and verifying account balances

• Communicated with clients to gather necessary information and provide updates on audit progress

• Learned about the importance of professional skepticism and attention to detail in
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Q1. Internal Audit process of Manufacturing company
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Internal audit process of a manufacturing company involves evaluating the effectiveness of internal controls, risk management, and compliance.
• Assessing the adequacy of inventory controls

• Reviewing production processes for efficiency and effectiveness

• Evaluating compliance with environmental regulations

• Assessing the effectiveness of quality control measures

• Reviewing financial controls and transactions

• Evaluating the effect...read more
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Q1. Just a quick interaction via Microsoft teams
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Q1. Deferred Tax Asset or Liability
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Q2. Ind as 115 revenue recognition
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Q1. Tell me about yourself
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I am a detail-oriented and analytical Auditor with a strong background in financial analysis and risk assessment.
• I have a Bachelor's degree in Accounting and have obtained my CPA certification.

• I have experience conducting audits for both public and private companies, ensuring compliance with regulations and identifying areas for improvement.

• I am skilled in data analysis and have a keen eye for identifying discrepancies...read more
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Good and depth of technical like they asked me about general knowledge and logical reasoning, communication , paragraph related questions

Q1. Pre receive incomes, impact of purchase of manchinery in balance sheet and statement of pand l , journal entry on tds , gst, prepaid outstanding and will government get benefit by tds
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Q2. Is pre receive liability or asset
Ans. 
Pre-receive liability is a financial obligation that arises before the receipt of goods or services.
• Pre-receive liability refers to a liability that is incurred before the actual receipt of goods or services.

• It is a financial obligation that a company owes to its suppliers or vendors for goods or services that have not yet been received.

• Examples of pre-receive liabilities include advance payments made for future purcha...read more
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Q1. About Concurrent audit
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Q2. Concurrent audit relatable qouestions once u google it will help
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Q1. Basic HR questions about CV
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Q1. Questions about Private Equity
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Q1. Basic audit related questions
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Q1. A normal chit chat with the Royal highness Mr. G.B
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Q1. About Previous Company's experience & what kind of Job have done there
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Q2. Process of P2P, O2C
Ans. 
P2P (Procure to Pay) and O2C (Order to Cash) are two important processes in business operations.
• P2P involves the procurement of goods or services, from requisition to payment.

• O2C involves the entire process from receiving a customer order to receiving payment.

• P2P includes steps like requisition, purchase order creation, goods receipt, invoice verification, and payment.

• O2C includes steps like order entry, order fulfillm...read more
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Q3. Details of Observation you have find
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Q1. Question were asked within the domain!
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Q2. Major observations during Articleship period
Ans. 
Learned about financial statement preparation, audit procedures, and client communication.
• Assisted in the preparation of financial statements for clients

• Conducted audit procedures such as testing internal controls and verifying account balances

• Communicated with clients to gather necessary information and provide updates on audit progress

• Learned about the importance of professional skepticism and attention to detail in
Answered by AI
Add your answer

Q1. Internal Audit process of Manufacturing company
Ans. 
Internal audit process of a manufacturing company involves evaluating the effectiveness of internal controls, risk management, and compliance.
• Assessing the adequacy of inventory controls

• Reviewing production processes for efficiency and effectiveness

• Evaluating compliance with environmental regulations

• Assessing the effectiveness of quality control measures

• Reviewing financial controls and transactions

• Evaluating the effect...read more
Answered by AI
Add your answer

Q1. Just a quick interaction via Microsoft teams
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