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KPMG India Auditing Intern Interview Questions and Answers

Updated 19 Sep 2024

KPMG India Auditing Intern Interview Experiences

3 interviews found

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I was interviewed in Aug 2024.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about yourself
  • Ans. 

    I am a motivated and detail-oriented individual with a strong passion for auditing and a desire to learn and grow in the field.

    • Graduated with a degree in Accounting

    • Completed relevant coursework in auditing

    • Previous internship experience in a financial firm

    • Strong analytical and problem-solving skills

    • Excellent communication and teamwork abilities

  • Answered by AI
  • Q2. What is your greatest strength
  • Ans. 

    My greatest strength is my attention to detail and ability to analyze complex information.

    • Strong attention to detail allows me to catch errors and discrepancies in financial documents

    • Ability to analyze complex information helps me in identifying patterns and trends in data

    • Experience in conducting thorough audits and providing accurate reports

  • Answered by AI
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Why do you want to work here?
Round 2 - HR 

(1 Question)

  • Q1. Why do you want to work here?

Interview Preparation Tips

Interview preparation tips for other job seekers - KPMG work culture is great, you’d love it here

Auditing Intern Interview Questions Asked at Other Companies

asked in KPMG India
Q1. "A woman came to the market to sell eggs. The first customer boug ... read more
Q2. What do you know about revenue recognition standard
Q3. Why audit but not finance
Q4. example and equation
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Not Selected

I applied via LinkedIn and was interviewed in Jul 2022. There were 4 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 Resume tips
Round 2 - Aptitude Test 

Aptitude, Verbal ability, Logical Reasoning, Data Interpretation

Round 3 - HR 

(4 Questions)

  • Q1. Tell me about yourself.
  • Q2. Why do you want to work at KPMG?
  • Q3. What do you know about KPMG?
  • Q4. How could this profile help you in your career?
Round 4 - One-on-one 

(3 Questions)

  • Q1. Questions relevant to profile you're applying.
  • Q2. Guesstimates : How many people are wearing a white shirt today?
  • Q3. "A woman came to the market to sell eggs. The first customer bought half of her eggs and a half of an egg. The second customer bought half of the remaining eggs and a half of an egg. The third customer onl...

Interview Preparation Tips

Interview preparation tips for other job seekers - To help make sure you’re prepared:

1. Read the job description and person specification carefully.

2. Be clear on the skills and qualities the employer is looking for.

3. Check the company website to find out more about its products or services and their plans for the future.

4. Go over your CV or application form and think about things the employer may ask you about
prepare some examples that show you have the right skills, personal qualities and experience.

5. Use the STAR method.

6. Practise your timings on presentations and keep a back-up copy.

7. Ask someone you trust to help you practise answering questions.

8. Think of 2 or 3 questions of your own that you can ask at the end of your interview, to show you’re enthusiastic about the job.

9. Pick out something suitable and comfortable to wear.

10. Check what time you need to arrive and the name of the person you need to see
make sure that you know how to get to where the interview is being held. Work out your public transport route or where you can park. Plan to arrive 5 to 10 minutes before the interview starts
make sure you know who to call in case you’re late for any reason

Interview questions from similar companies

I applied via Referral and was interviewed before Mar 2021. There were 4 interview rounds.

Round 1 - Aptitude Test 
Round 2 - One-on-one 

(1 Question)

  • Q1. What are your strengths
Round 3 - Technical 

(1 Question)

  • Q1. What do you know about revenue recognition standard
  • Ans. 

    Revenue recognition standard refers to the guidelines for recognizing revenue in financial statements.

    • Revenue recognition standard outlines the criteria for recognizing revenue in financial statements

    • It provides guidance on when to recognize revenue and how much revenue to recognize

    • The new standard, ASC 606, requires companies to recognize revenue when goods or services are transferred to customers in an amount that re...

  • Answered by AI
Round 4 - One-on-one 

(1 Question)

  • Q1. Why should we hire you?

Interview Preparation Tips

Interview preparation tips for other job seekers - Revise accounting standards very well. They will surely be asked.
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed before Feb 2023. There was 1 interview round.

Round 1 - Group Discussion 

Group presentation requiring 10 slides to be presented in 5 minutes. 40 minutes to prepare the presentation in groups of 3 regarding EV market in China

Interview experience
2
Poor
Difficulty level
Easy
Process Duration
More than 8 weeks
Result
Not Selected

I applied via Referral and was interviewed before Dec 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 Resume tips
Round 2 - Aptitude Test 

Easy and basic test. No difficult questions were asked in the test.

Round 3 - Assignment 

Team activity to make a presentation followed by questions and an interview depending on the team

Interview Preparation Tips

Interview preparation tips for other job seekers - My advice would be to learn about CPA and auditing before going for the interview

I applied via Referral and was interviewed before Jan 2021. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. What tools do you recommend for content authoring?
  • Ans. 

    There are several tools available for content authoring, depending on the type of content and the level of expertise.

    • For beginners, tools like Grammarly and Hemingway can help with grammar and readability.

    • For more advanced users, Adobe Creative Suite and Microsoft Office are popular options.

    • Content management systems like WordPress and Drupal are also useful for creating and managing content.

    • Collaboration tools like Go...

  • Answered by AI
  • Q2. Adobe Captivate is a standalone authoring tool and one of the best tools with rich features.

Interview Preparation Tips

Interview preparation tips for other job seekers - TR panelist are industry experts so you need to prepare well for the TR round.

Analyst Interview Questions & Answers

TCS user image Anonymous

posted on 28 Jun 2022

I applied via Campus Placement and was interviewed before Jun 2021. There were 2 interview rounds.

Round 1 - Aptitude Test 

It was general aptitude with numerical,reasoning and general such questions with coding MCQ

Round 2 - One-on-one 

(1 Question)

  • Q1. Syntax and tech questions from c, python and oops. HR question was like what will I do if this happens in team. How will i face it or resolve it.

Interview Preparation Tips

Interview preparation tips for other job seekers - 3 panel members were there with 1 HR and 2 TR. Technical questions were few basic questions from c & python and Oops questions. HR was like scenario based. Frw questions were asked based on my resume content. It's good to be truthful in what we fill in our resume and stick to it.

Analyst Interview Questions & Answers

TCS user image Anonymous

posted on 12 Dec 2021

I applied via Recruitment Consultant and was interviewed in Jun 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Introducing yourself.

Interview Preparation Tips

Interview preparation tips for other job seekers - Crisp and to the point answer.

Consultant Interview Questions & Answers

BCG user image Neha Kalra

posted on 21 Dec 2015

I applied via Walk-in

Interview Questionnaire 

7 Questions

  • Q1. Girls on the manufacturing floor”
  • Q2. Manufacturing as a career
  • Ans. 

    Manufacturing offers diverse career opportunities in various industries.

    • Manufacturing provides a wide range of job roles, from production line workers to engineers and managers.

    • It offers opportunities to work in different industries such as automotive, electronics, pharmaceuticals, and more.

    • Manufacturing careers often involve problem-solving, innovation, and continuous improvement.

    • There are various specializations with...

  • Answered by AI
  • Q3. Why MBA?
  • Ans. 

    An MBA will provide me with the necessary skills, knowledge, and network to excel in the business world.

    • Acquire essential business knowledge and skills such as finance, marketing, and strategy

    • Develop leadership and management abilities through practical projects and case studies

    • Expand professional network through interactions with classmates, alumni, and industry professionals

    • Enhance career opportunities and earning po

  • Answered by AI
  • Q4. Why ISB?
  • Ans. 

    ISB offers a diverse and rigorous curriculum, top-notch faculty, strong alumni network, and excellent career opportunities.

    • ISB's diverse student body and faculty bring a global perspective to the learning experience.

    • The school's rigorous curriculum ensures students are well-prepared for the challenges of the business world.

    • ISB's strong alumni network provides valuable connections and support for career advancement.

    • The ...

  • Answered by AI
  • Q5. “there is a company in the telecom sector and has a product “X” – this X is a necessity in telecom and the company has been making good profits for the last 4 years – like 40% gross margin.. and now sudden...
  • Ans. 

    The CEO should diversify the company's product portfolio and explore new markets to overcome the stagnant revenue and profits in the telecom sector.

    • Diversify the product portfolio to reduce reliance on a single product

    • Explore new markets and industries where the product can be applicable

    • Invest in research and development to innovate and create new products

    • Improve marketing and sales strategies to reach a wider customer...

  • Answered by AI
  • Q6. “”Our client is in telecom, profitability is at 10% and they want 25%.. what should they do? ”
  • Ans. 

    To increase profitability from 10% to 25%, the telecom client should focus on cost reduction, revenue growth, and operational efficiency.

    • Identify and reduce unnecessary costs and expenses

    • Increase pricing or introduce new revenue streams

    • Improve customer retention and acquisition

    • Optimize operational processes and streamline workflows

    • Invest in technology and innovation to drive efficiency

    • Explore partnerships or mergers to...

  • Answered by AI
  • Q7. “Tata is coming with nano, what do you think it’s a threat or an opportunity for other players in the market..”
  • Ans. 

    The Tata Nano can be seen as both a threat and an opportunity for other players in the market.

    • Threat: The Tata Nano's low price and affordability may attract customers away from other players in the market.

    • Opportunity: The introduction of the Tata Nano may stimulate overall demand for small, affordable cars, benefiting all players in the market.

    • Threat: Other players may need to lower their prices or introduce competiti...

  • Answered by AI

Interview Preparation Tips

Round: Case Study Interview
Experience: I asked him about the product X? and how important it is for the telecom service providers? is it a big part of their costs ? – he said some arbit stuff – this was a hint that it was a bigger overall strategy case and not into details – so I defined the case as – the CEO wants to know, what to do to increase the profits both in short and long term – he said yes - I immediately moved to the standard profit loss framework and started looking at revenue first - he said OK – I said profit = Price* Quantity and went to pricing... he had said that the telecom service providers were not very sensitive to pricing in the business.. so I dint come to reducing the pricing... I asked about the competitive landscape – our client is 35% business... it went on and on an on ..... could not reach anywhere.. so we went to costs... discussed everything.. excess capacity.. joint ventures.. MnA,..still nothing..so he said.(the discussion was a very intelligent substance discussion.. not general profit loss cases.). – we had a great discussion on both prices and quantity,, why don’t u see decreasing the price – I said.. “ooooooo I thot of it, but then u said that the players are insensitive to price “ - he said “ they WERE, the whole industry as I told u is seeing some problems” – PICK UP THE HINTS... -- once he said this I went to the cost structure of the firm again – I said that our client can play price war only if a) his variable costs are lower than competitors variable costs and he is playing on high investment low variable cost model (reliance model) – he said YES it is exactly this way – I said OK , then let him price X above his variable cost but below the others variable costs and drive the competition away. – I also said, to speeden this up he should in fact price it lower than his variable costs also (extremely low and he can afford it because he has cash with him as he has been on 40% profits for the last 4 – 5 years.. so there should not be an issue on the working capital side – he sair “great” .. he wanted to stop and asked me to summarize the case.. – I summarized the case, and also gave some more ideas like .. seeing the cost and benefit of doing away with excess capacity rite now and adding again when the market is doing good, buying high fixed cost players in the sector.. etcc etc.. a lot more.. – he patiently listened to everything Then he asked me if I had anything to ask him? I asked similar question as I asked in Mck – “ has India become a net contributor to the knowledge base..- he told me about low cost Indian manufacturing.. I said cool... and he said super cool!
Tips: a) work on your resume b) Make the resume in such a way that irrespective of whatever – the you are able to guide the interviewer to THE thing you want to talk about – link all answers to that DO NOT OVERPREPARE – DON’T LOOSE YOUR NATURAL SELF

Round: Case Study Interview
Experience: Upfront questions – where in the value chain? – ans.. they make towers and maintain them .. and into providing services too.—so I asked details on the portfolio of services and portfolio of work of tower etc. – he gave me everything including margins.. so margins in tower making etc were low – I asked him if he is sure that its not just an accounting issue.—he appreciated the point and said .. no, they do ABC and might be small accounting issues but not really one—I said ok.. and moved on to profitability framework .. revenue – costs --- so I said we will look at the tower making etc.. (pareto) – he said perfect.. – went to revenue... he hinted therez nothing there , I said great! Jumped to costs (didn’t waste time at all) - asked him costs heads .. he gave the following .. – a) Tower making, b) people c) administration (I don’t remember the terminology correctly but the remember the discussion) Discussion on tower making – I said “ so Navneet, what does it include” – he said making and servicing and maintaining and some back office work – so I said following can be wrong (BE CREATIVE, I started throwing solutions/ideas) (i) are the people skilled? Know how much material are they using (extra material = extra cost) (ii) is the quality of material too high (more than required quality increases the costs) (iii) is there rework happening? – are people good?(iv) What kind of designs are there – he said there are various different types of designs – I asked why? – he said no one knows – I said .. are they required? – he said , no – I said then standardize the design! He looked happy – so I started throwing more ! – he said no, lets move on to other ones Discussion on people – people cost = wage * numbera) are outsourced people expensive – yes they are – are they doing some specialized job? – not really, they can be replaced – then replace them b) can we multiskill people – yeah we can – then do that! c) Can we move our service centers to low cost destinations – yes we can d) Can we reallocate people to reduce number of people – yes we can – but can we fire them? – are they unionized? – yes they are and he appreciated the point that I touched upon the fact that the unions are tough to handle ( learning : know your industry, small things can make you win the case Discussion on administration a) planning happening ok? – no – so scheduling, audits have to be done again and again (I did not come up with this point alone. It was a result of a thorough discussion .

Round: Case Study Interview
Experience: i said – its an opportunity (no structure , we were taking a walk after all) because it opens up a full market – he said ‘ what shud the competitors do” – I kept on saying a lot of things... - they should lobby with government to stop this .. bla bla bla bla – the discussion was round and round and round.. I was tired with my high heels—then suddenly I said – Arvind can you tell me if I am on the right track ? , am little tired – he smiled and said, ok I again ask you “ what can they do to stop the nano or get ready for the market” – this statement gave me clarity and I said “ ok we can stop nano from coming, or do some other stuff” – he said great , so lets discuss both one by one – (remember that once you asked for clarity then you have to crack the rest of the case, else you are dead) –so I picked up stopping nano to hit the market discussion on stopping Nano to hit the market –
(i) demand side hit – lobby with the activists and say that the infrastructure isn’t ready and hence nano should not be allowed ( he liked it)
(ii) demand side hit -Increase the advertisements on how “Indians have to be sensitive about infrastructure” ( he liked it)
(iii) supply side hit – can we buy out the suppliers? – can we promise them some other meat? – like get them under long term agreements etc
(iv) Supply side hit – can we buy out the low cost suppliers to tatas ( I told them, that my thinking was to stop providing necessary materil that gets into nana
(v) Supply side – can we buy their engineers
(vi) And some more discussion, I don’t quite remember .but ya on similar lines What else they can do till they develop their own low cost (i) can they give fire to second hand car market ( as this is the immediate competition to nano) (ii) he kept on probing me on public transport till I said – why cant they collaborate with the government and make the public transport so easy and good and safe that people don’t need nano! BINGO.. ( he loved it- tho he only got that in my head – amazing guide he is) he still looked dissatisfied and asked me there is something else that is missing.. – something that is a real threat to the competitors of tatas. – we kept on discussing, till I suddenly remembered the team that made the engine is of 30 years average age (READ THE CURRENT ISSUES, IT HELPS BUILD PERSPECTIVE) – so I said “ they have the engineering skills, which can be used to enter other segments (like they can make cheaper engines for indigo .. or come up with new car in ford Ikon category etc).. and this resource is just too good! – BINGO
Tips: a) Be genuine b) Be grounded c) Be yourself d) Be confident e) Be transparent f) Be blunt (but carry it ) g) Connect with the interviewer – genuinely h) Be aware of the current issues

Skills: Case Solving Ability, Case Analysis
College Name: Indian School Of Business (ISB)
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KPMG India Interview FAQs

How many rounds are there in KPMG India Auditing Intern interview?
KPMG India interview process usually has 2-3 rounds. The most common rounds in the KPMG India interview process are HR, One-on-one Round and Resume Shortlist.

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KPMG India Auditing Intern Interview Process

based on 3 interviews

Interview experience

4
  
Good
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KPMG India Auditing Intern Salary
based on 4 salaries
₹2 L/yr - ₹4.3 L/yr
43% more than the average Auditing Intern Salary in India
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based on 3 reviews

3.7/5

Rating in categories

3.9

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2.8

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4.3

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4.3

Job security

3.5

Company culture

3.9

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3.9

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