KPMG Global Services Senior Associate Interview Questions and Answers

Q1. Why you want to join in kpmg
Ans. 
I want to join KPMG because of its reputation for excellence in the industry and the opportunity to work with talented professionals.
• KPMG is known for its high standards and quality of work

• I am impressed by the diverse range of clients KPMG serves

• I am excited about the opportunity to collaborate with experienced professionals in the field
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Q2. Tell me about your earlier experience
Ans. 
I have over 5 years of experience in financial analysis and project management at a Fortune 500 company.
• Managed financial analysis for multiple projects, ensuring accurate budgeting and forecasting

• Led cross-functional teams to successfully implement cost-saving initiatives

• Developed comprehensive financial reports and presentations for senior leadership

• Collaborated with external auditors to ensure compliance with regula
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Q3. How youre going to manage work if resource is on sudden leave
Ans. 
I will prioritize tasks, delegate responsibilities, and ensure clear communication with team members to manage work effectively.
• Prioritize tasks based on urgency and importance

• Delegate responsibilities to team members with relevant skills

• Ensure clear communication with team members about the situation and any changes in workload

• Adjust timelines and deadlines as needed to accommodate the absence
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TOD,TOC and risk assessment

Grammar, audit basics

Q1. Introduction and pckage
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Q2. Nothing much, about ourself
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Q3. Location details
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Q1. What is the area that you have work in during your working with current employee
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Q2. Based on ypur CV they will investigate the how you perform the procedure to check particular FSLI/area
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Q1. How to test Payroll
Ans. 
Testing Payroll involves verifying calculations, deductions, taxes, and compliance with regulations.
• Verify calculations for gross pay, deductions, and net pay

• Test tax calculations and ensure compliance with tax laws

• Check for accuracy in employee data and benefits

• Validate payroll reports and ensure they match financial records
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Q1. How to test Borrowing costs
Ans. 
Borrowing costs can be tested by reviewing loan agreements, interest rates, and financial statements.
• Review loan agreements to understand terms and conditions of borrowing costs

• Analyze interest rates to ensure they are accurately reflected in financial statements

• Examine financial statements for any discrepancies in borrowing costs

• Compare actual borrowing costs with budgeted or forecasted costs
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Q1. Salary expectations
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