Grant Thornton Tax Analyst Interview Questions and Answers

Q1. Provide SOP for Account Payables.
Ans. 
SOP for Account Payables involves verifying invoices, obtaining approvals, processing payments, and reconciling accounts.
• Verify invoices against purchase orders and receipts

• Obtain necessary approvals for payment

• Process payments accurately and timely

• Reconcile accounts to ensure accuracy

• Maintain proper documentation for audit purposes
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Q2. What is turnover discount?
Ans. 
Turnover discount is a reduction in price offered to customers who purchase a large quantity of goods or services.
• Turnover discount is commonly used in retail and wholesale industries to incentivize bulk purchases.

• The discount amount typically increases with the quantity purchased.

• For example, a supplier may offer a 10% turnover discount for customers who buy 100 units of a product.

• Turnover discount helps businesses in...read more
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Q1. How do you handle error while coding
Ans. 
I carefully review my code, identify the error, and troubleshoot until it is resolved.
• Review the code to identify the error

• Use debugging tools to pinpoint the issue

• Consult with colleagues or seek help online if needed

• Test the code after making corrections to ensure it is error-free
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Q2. How would reduce the data size.
Ans. 
Reduce data size by removing unnecessary columns, aggregating data, using data compression techniques, and optimizing data storage.
• Remove unnecessary columns that are not being used in analysis

• Aggregate data by grouping similar data points together

• Use data compression techniques like gzip or snappy to reduce file size

• Optimize data storage by using efficient data structures and algorithms

• Consider using data deduplicatio
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Q3. Questions about PowerBI such as live connection, how data is pulled?
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You have to pass aptitude test with minimum 75%.

Q1. What is the use of financial statements in business.
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Q2. How do we calculate debt to equity ratio.
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Q1. Personal Information.
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Q2. Family Background.
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Excelant good to get such type intriv

Q1. Good and findly talk
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Q1. About company and work details which
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Q1. Tell me about yourself
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Q2. Why you want to work at BCG
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