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Grant Thornton Internal Auditor Interview Questions, Process, and Tips

Updated 13 Sep 2023

Grant Thornton Internal Auditor Interview Experiences

1 interview found

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Aug 2023. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(9 Questions)

  • Q1. Tell me about yourself
  • Q2. What do you understand by audit?
  • Ans. 

    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...

  • Answered by AI
  • Q3. What is the purpose of audit
  • Ans. 

    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...

  • Answered by AI
  • Q4. Tell me some ratios with examples
  • Ans. 

    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...

  • Answered by AI
  • Q5. Golden rule of accounting
  • Ans. 

    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

  • Answered by AI
  • Q6. What is the purpose of financial statements and what encloses in f.s and what is purpose of trial balances
  • Ans. 

    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...

  • Answered by AI
  • Q7. What is depreciation and %s of some product does land get depriciated journal entries
  • Ans. 

    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 ...

  • Answered by AI
  • Q8. What is your weakness
  • Q9. Any questions for us

Interview Preparation Tips

Topics to prepare for Grant Thornton Internal Auditor interview:
  • class xi and xii books
  • Accounting
  • Auditing
Interview preparation tips for other job seekers - be honest and confident

Interview questions from similar companies

Analyst Interview Questions & Answers

IQVIA user image Anonymous

posted on 13 Nov 2022

I applied via Company Website and was interviewed before Nov 2021. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Aptitude Test 

English, Quantitative Ability, Data Interpretation

Round 3 - Case Study 

Multiple guesstimates, questions on resume and work experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Practice guesstimates properly. I was also asked to frame an algorithm to get an answer despite not having any coding experience. The algorithm was not very difficult but was relevant to the skills needed later in the job

I appeared for an interview before Jun 2016.

Interview Questionnaire 

4 Questions

  • Q1. Ratios
  • Q2. Securitization
  • Q3. Expected package
  • Q4. Preferred location
  • Ans. 

    I prefer to work in a location that offers a vibrant and diverse community, with access to cultural events and opportunities for personal growth.

    • I value a location that has a strong sense of community and offers a variety of cultural activities.

    • Access to educational and personal growth opportunities is important to me.

    • I am open to considering different locations that meet these criteria.

  • Answered by AI

Interview Preparation Tips

Round: Technical Interview
Experience: Financial aspects were covered in this round
Tips: Polish your technical skills

Round: Test
Duration: 1 hour
Total Questions: 20

College Name: Amity School Of Engineering And Technology, Noida

Analyst Interview Questions & Answers

Blackrock user image Riddhima Arora

posted on 25 Aug 2017

I appeared for an interview before Aug 2016.

Interview Questionnaire 

2 Questions

  • Q1. Questions on databases
  • Q2. Why should we hire you?
  • Ans. 

    I have the analytical skills, experience, and passion to excel in this role.

    • I have a strong background in data analysis and interpretation

    • I have experience in using various analytical tools and techniques

    • I am detail-oriented and have a proven track record of delivering accurate and insightful analysis

    • I am a quick learner and can adapt to new challenges and environments easily

  • Answered by AI

Interview Preparation Tips

Round: Test
Duration: 1 hour

Skills: Computer Science
College Name: Thapar University, Patiala

Interview Questionnaire 

8 Questions

  • Q1. A nimbu paani wala spends all of his daily income on his daily expenditure except only as much as would enable him to conduct equal business on the next day. He now wants to aim at starting to save for the...
  • Ans. 

    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

  • Answered by AI
  • Q2. An IT sector multinational wants to expand its business into more countries. Suggest a strategy. This was the question given in the VC round by the Partner. It was followed by a lot of numerical and qualit...
  • Ans. 

    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...

  • Answered by AI
  • Q3. An IT sector company wants to increase the number of BPOs in India. Devise a metric that will help it rank cities according to their favourability to host this BPO
  • Ans. 

    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...

  • Answered by AI
  • Q4. The supply chain head in an auto company in India is frustrated about manufacturing stopping frequently because of parts not being readily available at the assembly line and comes to you for help. What cou...
  • Ans. 

    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...

  • Answered by AI
  • Q5. How many airplanes are flying in the Indian sky at the moment?
  • Ans. 

    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 ...

  • Answered by AI
  • Q6. How many years will it take the Delhi Metro to break even?
  • Ans. 

    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.

  • Answered by AI
  • Q7. Why not MBA?
  • Q8. Interview-4

Interview Preparation Tips

Round: Interview
Experience: The interviewer also said: "It seems like you are more interested in finance and BCG is only the second option. We don’t like being the second option." All these questions required some delicate handling.

Round: Interview
Experience: This was a sort of stress interview because the interviewer seemed disinterested and dissatisfied with everything i said and kept on demanding for more while impressing that whatever I am coming up with was really of no significance.
Tips: What worked in my favor was I dint get flustered by his attitude, kept smiling and working at the problem objectively. When I would come to the end of one line of thinking and would have no more answers to his “What next” I would frankly tell him that and ask him in return for more suggestions. It resulted in him complimenting my way of thinking at the end and saying that I was one of the best and most practical candidates that he had interviewed that day.

Round: Interview
Experience: 1. Both the above questions were the part of one interview.
2. The interviewer didn't want me to solve the case fully in either instance. He just wanted to see my structure and evaluate my thinking process.

Round: Interview
Experience: Almost all my interviews went well with BCG except the last VC one, because by then I was complete drained out and could hardly think. I also did some minor silly mistakes in a couple of the smaller cases while dealing with numbers, but otherwise everyone seemed to appreciate my structuring of the cases. Some of the interviewers also delved into the HR side frequently.

College Name: IIT KANPUR

I appeared for an interview before Jan 2016.

Interview Questionnaire 

1 Question

  • Q1. Elevator design and puzzles and core java and sql queries

Interview Preparation Tips

Round: Test
Tips: Speed and accuracy needed
Duration: 1 hour 30 minutes
Total Questions: 30

Skills: Analytical Skills, Java Programming, Mysql
College Name: IIIT Allahabad

I appeared for an interview in Sep 2016.

Interview Questionnaire 

2 Questions

  • Q1. It was a mathematical question. Very big.
  • Q2. How many advertisements are running on the yellow line of Delhi metro right now?
  • Ans. 

    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 ...

  • Answered by AI

Interview Preparation Tips

Round: Resume Shortlist
Experience: We were given a sample resume and asked to submit ours
Tips: Make it as quantitative as possible. Show the impact of your work

Round: Guesstimate Interview
Experience: I told the wrong approach twice only to realize later how stupid it was. Third time my approach was decent.
Tips: The tip is to not lose confidence and keep trying. Even when you are wrong initially.

Round: Case Study Interview
Experience: I was not able to solve it properly. And got stuck multiple times and even ended with a stupid advice.
Tips: The case was very unconventional which I hadn't done before. The tip is to just keep trying and try to ask the right questions.

College Name: St. Stephen's College

I applied via Campus Placement and was interviewed before May 2020. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. General questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Its good experience and easy to crack the questions.

Analyst Interview Questions & Answers

WNS user image Anonymous

posted on 11 May 2019

Interview Questionnaire 

3 Questions

  • Q1. Why did you leaving the job very early
  • Ans. 

    I left the job early due to personal reasons and a better opportunity.

    • Received a better job offer with higher pay and growth opportunities

    • Needed to relocate for personal reasons such as family or health

    • Found the job was not a good fit for my skills and career goals

  • Answered by AI
  • Q2. Why you are expecting huge CTC
  • Ans. 

    I have extensive experience, skills, and qualifications that justify a higher salary.

    • I have a strong educational background and relevant certifications.

    • I have several years of experience in the industry, with a proven track record of success.

    • I possess specialized skills and expertise that are in high demand.

    • I have a history of exceeding performance targets and delivering exceptional results.

    • I have received positive fee...

  • Answered by AI
  • Q3. How can we know whether you work for long time with us
  • Ans. 

    By demonstrating dedication, consistency, and commitment in my work, I can show that I am willing to work for a long time with the company.

    • Consistently meeting deadlines and exceeding expectations

    • Taking on additional responsibilities and projects

    • Seeking opportunities for growth and advancement within the company

  • Answered by AI

Analyst Interview Questions & Answers

IQVIA user image Anonymous

posted on 18 Jul 2021

I applied via Campus Placement and was interviewed before Jul 2020. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Tell more about yourself.
  • Q2. Why do you want to work in Data Analytics?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident. Try to explain projects that you have done in College. If time doesn't permit, just go ahead with the insights.

Grant Thornton Interview FAQs

How many rounds are there in Grant Thornton Internal Auditor interview?
Grant Thornton interview process usually has 2 rounds. The most common rounds in the Grant Thornton interview process are Resume Shortlist and One-on-one Round.
What are the top questions asked in Grant Thornton Internal Auditor interview?

Some of the top questions asked at the Grant Thornton Internal Auditor interview -

  1. what is the purpose of financial statements and what encloses in f.s and what i...read more
  2. what is depreciation and %s of some product does land get depriciated journal e...read more
  3. what do you understand by aud...read more

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Grant Thornton Internal Auditor Interview Process

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