KPMG India Statutory Audit Executive Interview Questions and Answers

Q1. How to handle big data
Ans. 
Handling big data involves collecting, storing, analyzing, and interpreting large volumes of data to derive insights and make informed decisions.
• Utilize data management tools like Hadoop, Spark, or SQL databases

• Implement data cleaning and preprocessing techniques to ensure data quality

• Use data visualization tools like Tableau or Power BI to present findings

• Apply statistical analysis and machine learning algorithms for ...read more
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Basic accounts and excel

Basic GD topics discussed

Q1. Core accounts and audit tested
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Q1. What is the 3 diff parts of cashflow
Ans. 
The 3 parts of cashflow are operating activities, investing activities, and financing activities.
• Operating activities involve the day-to-day business operations, such as sales and expenses.

• Investing activities include buying and selling of assets, like equipment or investments.

• Financing activities involve obtaining funds from creditors or investors, and repaying them, such as issuing stock or taking out loans.
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Q1. How did you deal with stress at your previous internship?
Ans. 
I managed stress at my previous internship by prioritizing tasks, taking breaks, and seeking support from colleagues.
• Prioritized tasks to focus on what was most important

• Took short breaks to recharge and refocus

• Sought support from colleagues for advice and guidance

• Practiced mindfulness techniques to stay calm under pressure
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Q1. Please describe what audit is?
Ans. 
Audit is a systematic examination of an organization's financial records, transactions, and processes to ensure accuracy and compliance.
• Audit involves reviewing financial statements, transactions, and internal controls.

• The goal of an audit is to provide assurance that financial information is accurate and reliable.

• Auditors may test transactions, interview employees, and inspect documents to gather evidence.

• Types of aud...read more
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