10+ KPMG Global Services Interview Questions and Answers for Freshers

I have conducted benchmarking processes in the areas of sales performance, customer satisfaction, and operational efficiency.

• Benchmarked sales performance against industry competitors to identify areas for improvement

• Analyzed customer satisfaction metrics to compare against industry standards

• Evaluated operational efficiency by benchmarking processes against best practices

• Implemented recommendations from benchmarking studies to drive performance improvements

Forensic CDD stands for Forensic Customer Due Diligence, which involves conducting in-depth investigations to identify potential financial crimes or risks within a customer's profile.

• Forensic CDD involves analyzing customer data, transactions, and behavior to detect any suspicious activities.

• It helps in identifying potential money laundering, fraud, or terrorist financing activities.

• Forensic CDD is crucial for financial institutions to comply with regulations and prevent fina...read more

CLI mode of testing involves using command line interface to execute tests. Correlation and parameterization can be done using Bean shell processes.

• CLI mode of testing involves running tests from the command line interface

• Correlation involves identifying dynamic values in the response and replacing them with variables

• Parameterization involves replacing hard-coded values with variables

• Bean shell processes can be used to write custom code for correlation and parameterization

• Exa...read more

The 5 Step Revenue Recognition Model under Ind AS 115 involves identifying the contract, identifying performance obligations, determining the transaction price, allocating the transaction price to the performance obligations, and recognizing revenue as the performance obligations are satisfied.

• Identify the contract: Determine if there is an agreement between two or more parties that creates enforceable rights and obligations.

• Identify performance obligations: Identify the prom...read more

Audit assertions are claims made by management regarding the accuracy of financial statements.

• Audit assertions include existence, completeness, valuation, rights and obligations, and presentation and disclosure.

• They are used by auditors to assess the risk of material misstatement in financial statements.

• For example, existence assertion ensures that assets and liabilities actually exist at a given date.

Natural Language Processing (NLP) is a field of AI that focuses on the interaction between computers and human language.

• NLP involves the ability of computers to understand, interpret, and generate human language.

• It encompasses tasks like text classification, sentiment analysis, machine translation, and speech recognition.

• NLP techniques include tokenization, part-of-speech tagging, named entity recognition, and syntactic parsing.

• Examples of NLP applications include virtual ass...read more

Machine learning is a branch of artificial intelligence that enables computers to learn and make predictions without being explicitly programmed.

• Machine learning is a subset of AI that uses algorithms to analyze and interpret data.

• It involves training a model on a dataset to make predictions or take actions.

• There are different types of machine learning, including supervised, unsupervised, and reinforcement learning.

• Examples of machine learning applications include spam filter...read more

Hub and spoke is a transportation system where a central hub connects to multiple destinations.

• Central hub serves as the main point for connections

• Spokes are the routes connecting the hub to various destinations

• Efficient for managing multiple connections through a central point

• Commonly used in airline and logistics industries

Bonds are debt securities issued by companies or governments to raise capital, with a promise to repay the principal amount along with interest at a specified future date.

• Bonds are essentially loans that investors provide to the issuer in exchange for periodic interest payments and the return of the bond's face value upon maturity.

• They are typically used by companies and governments to raise funds for various projects or operations.

• Bonds have a fixed maturity date, at which p...read more