KPMG Global Services Audit Associate Interview Questions, Process, and Tips

Mainly logical reasoning

Q1. Introduce Yourself
Add your answer
Q2. What are the golden rules of Accounting
Ans. 
The golden rules of accounting are basic principles that guide the process of recording financial transactions.
• The Golden Rule of Debit and Credit: For every debit entry, there must be an equal credit entry.

• The Golden Rule of Real Accounts: Debit what comes in, credit what goes out.

• The Golden Rule of Personal Accounts: Debit the receiver, credit the giver.

• The Golden Rule of Nominal Accounts: Debit all expenses and loss
Answered by AI
Add your answer

Q1. Tell two methods of depreciation.
Ans. 
Two methods of depreciation are straight-line depreciation and double declining balance depreciation.
• Straight-line depreciation allocates an equal amount of depreciation expense each year over the useful life of the asset.

• Double declining balance depreciation accelerates depreciation expense in the early years of an asset's life and decreases it in later years.
Answered by AI
Add your answer
Q2. Straight line method and declining balance method
Add your answer

Q1. Question regarding your qualifications, relocation. Prior experience. Interview schedule.
Add your answer

Q1. The interview went for half n hour on teams. There were a lot of questions on accounting, your prior experience, your goals, excel. And anything from accounts.
Ans. Questions will be diffrent for sure. But be confident. And answer confidently.
Answered Anonymously
Add your answer

Q1. Salary Discussion. Documents to be needed. When can you join us as I was serving my NP. And basic discussion . Any questions if you have you can surely ask them before joining.
Add your answer

Q1. Why did you choose Audit?
Add your answer
Q2. How would you rate yourself in your uni class?
Add your answer

Moderate level

Q1. Introduction of candidate
Add your answer
Q2. Basic accounting questions
Add your answer
Q3. Basic knowledge of audit
Add your answer

Logical reasoning and basic arithmetic

Q1. Salary discussion
Add your answer

Q1. Job location preferences
Add your answer