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I applied via Referral and was interviewed in Aug 2023. There were 2 interview rounds.
I am a detail-oriented internal auditor with a strong background in risk assessment and compliance, dedicated to enhancing organizational efficiency.
Over 5 years of experience in internal auditing across various industries, including finance and healthcare.
Skilled in identifying process inefficiencies; for example, I improved a client's reporting process, reducing time spent by 30%.
Proficient in using auditing software...
Audit is a systematic examination of financial records, statements, or operations to ensure accuracy and compliance with laws and regulations.
Audit involves reviewing financial records, statements, or operations
It aims to ensure accuracy, compliance with laws and regulations, and identify any discrepancies or fraud
Auditors gather evidence, analyze data, and report findings to stakeholders
Types of audits include financi...
The purpose of audit is to provide an independent assessment of an organization's financial statements or processes to ensure accuracy, compliance, and efficiency.
Ensuring accuracy of financial statements
Evaluating compliance with laws and regulations
Identifying areas for improvement in processes and controls
Providing assurance to stakeholders
Detecting and preventing fraud or errors
Enhancing transparency and accountabi...
Ratios are used to analyze financial performance and efficiency of a company.
Profit Margin: Net income divided by total revenue, shows how much profit a company makes for every dollar of sales.
Current Ratio: Current assets divided by current liabilities, measures a company's ability to pay its short-term obligations.
Debt-to-Equity Ratio: Total debt divided by total equity, indicates the proportion of debt used to finan...
The golden rule of accounting states that debit what comes in and credit what goes out.
Debit what comes in and credit what goes out
Assets = Liabilities + Equity
Helps maintain the balance in financial statements
Financial statements provide a snapshot of a company's financial health, including assets, liabilities, and equity. Trial balances ensure accuracy of financial records.
Financial statements serve to provide stakeholders with an overview of a company's financial performance and position.
Components of financial statements include balance sheet, income statement, cash flow statement, and statement of changes in equity.
Bala...
Depreciation is the allocation of the cost of a tangible asset over its useful life. Land does not depreciate.
Depreciation is a non-cash expense that reflects the decrease in value of an asset over time.
It is calculated using methods such as straight-line, double declining balance, or units of production.
Land is not depreciated because it is considered to have an indefinite useful life.
Journal entries for depreciation ...
I tend to be overly detail-oriented, which can slow down my work but ensures thoroughness in audits.
I often spend extra time double-checking my work to ensure accuracy.
In a recent audit, I took longer than expected because I wanted to verify every detail.
I am learning to balance thoroughness with efficiency by setting time limits for tasks.
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I applied via Campus Placement and was interviewed before May 2020. There were 4 interview rounds.
Advise the nimbu paani wala on how to start saving for the future.
Encourage him to set a savings goal and create a budget to achieve it.
Suggest he start small by saving a small percentage of his daily income.
Recommend he explore investment options to grow his savings over time.
Remind him to continue setting aside enough money for his daily expenses.
Provide resources or education on financial literacy to help him make i...
To expand into more countries, the IT sector multinational can adopt a market entry strategy that includes market research, partnerships, localization, and scalability.
Conduct thorough market research to identify potential countries for expansion
Establish strategic partnerships with local companies to leverage their knowledge and networks
Adapt products and services to meet the specific needs and preferences of each tar...
A metric to rank Indian cities for BPOs
Consider factors like availability of skilled workforce, infrastructure, cost of living, and government policies
Weight each factor based on its importance to the company
Collect data on each factor for different cities and assign scores
Rank cities based on their total score
Examples of factors: number of universities, quality of transportation, cost of office space, tax incentives
Re...
The probable reasons for manufacturing stoppages due to parts unavailability in an auto company in India and suggested solutions.
Probable reasons: supply chain disruptions, inventory management issues, quality control problems, lack of communication with suppliers
Investigate by analyzing historical data, conducting supplier audits, implementing real-time tracking systems
Solutions: improve forecasting accuracy, establis...
The exact number of airplanes flying in the Indian sky at the moment is not available.
The number of airplanes flying in the Indian sky changes constantly.
It depends on factors such as time of day, weather conditions, and airline schedules.
However, on average, there are around 2,000 flights in the Indian airspace at any given time.
This number includes both domestic and international flights.
The Indian aviation industry ...
The Delhi Metro is expected to break even in 2025.
The Delhi Metro has been expanding rapidly and has seen a steady increase in ridership.
The metro has been able to generate revenue through advertising and property development.
The government has also provided financial support to the metro.
Based on current projections, the Delhi Metro is expected to break even in 2025.
I appeared for an interview in Sep 2016.
The number of advertisements running on the yellow line of Delhi metro is not available.
The exact number of advertisements on the yellow line of Delhi metro is unknown.
Without access to real-time data, it is impossible to determine the current number of advertisements.
The number of advertisements can vary depending on the time and duration of the interview.
It would require direct observation or access to Delhi metro's ...
I applied via Campus Placement
The king can move only towards the corner and not diagonally. How many ways can a king go from one end of the chessboard to the diagonally opposite square?
The king can only move towards the corner, so there are limited options for each move
The total number of moves required to reach the opposite corner is 14
Using combinatorics, the total number of ways the king can reach the opposite corner is 3432
I appeared for an interview in Sep 2016.
I want to join GS because of their reputation for excellence and the opportunity to work on challenging projects.
GS is known for its prestigious reputation in the financial industry
I am attracted to the opportunity to work on complex and challenging projects
I admire GS's commitment to innovation and cutting-edge technology
I believe GS will provide me with valuable learning and growth opportunities
Find max path from bottom left to top right in a matrix using only up and right steps.
Start from bottom left corner and move towards top right corner.
At each step, choose the maximum value between the cell above and the cell to the right.
Keep track of the sum of values in the chosen path.
The final sum is the maximum possible sum of values in a path from bottom left to top right.
The most likely number to occur as the final sum is 100.
The sum of the outcomes of the dice rolls will keep increasing until it reaches or exceeds 100.
Since the dice have equal probabilities for each outcome, the sum will have a higher chance of reaching 100.
The probability of rolling a sum greater than 100 decreases as the sum gets larger.
Finding probability of point (1,0) lying in longest cut of three random points on circle of radius 1 centered at (0,0)
The longest cut will be the one that spans the smallest angle between two of the three points
The probability can be found by calculating the area of the region where the longest cut includes point (1,0)
This can be done by finding the angle between (1,0) and the two other points and using trigonometry to...
I appeared for an interview in Aug 2016.
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