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Mazars Consultant Interview Questions, Process, and Tips

Updated 13 Jun 2024

Top Mazars Consultant Interview Questions and Answers

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Mazars Consultant Interview Experiences

3 interviews found

Consultant Interview Questions & Answers

user image Anonymous

posted on 13 Jun 2024

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(3 Questions)

  • Q1. Describe each step of P2P Process with risk at each step.
  • Ans. 

    P2P Process involves requisition, approval, purchase order, goods receipt, invoice verification, and payment.

    • Requisition: Risk of incorrect or unauthorized requests leading to unnecessary purchases.

    • Approval: Risk of delays or errors in approval process causing delays in procurement.

    • Purchase Order: Risk of incorrect details or unauthorized purchases being made.

    • Goods Receipt: Risk of receiving damaged or incorrect goods,...

  • Answered by AI
  • Q2. What is ghost employee and how can we identify ghost employee?
  • Ans. 

    A ghost employee is a fictitious employee created by someone to embezzle funds from a company.

    • Ghost employees may have fake identities and bank accounts.

    • They may receive paychecks without actually working for the company.

    • To identify ghost employees, cross-check employee records with HR and payroll data.

    • Look for discrepancies in employee attendance, performance, and salary payments.

    • Conduct regular audits and reviews of

  • Answered by AI
  • Q3. What checks can you perform from PO dump?
  • Ans. 

    Perform various checks on purchase order data dump

    • Verify accuracy of vendor information

    • Check for duplicate PO numbers

    • Ensure correct pricing and quantities

    • Validate delivery dates

    • Confirm approval signatures

  • Answered by AI
Round 2 - One-on-one 

(2 Questions)

  • Q1. Are you ok with travelling and late sitting?
  • Q2. We need you to join from next Monday.

Interview Preparation Tips

Interview preparation tips for other job seekers - Mazars is not that good to work in GRC department and i do not like politics of this company because it is very toxic.

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Consultant Interview Questions & Answers

user image Anonymous

posted on 8 Jun 2024

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(4 Questions)

  • Q1. P2P process and risk at each step.
  • Ans. 

    P2P process involves requisition, approval, purchase order, goods receipt, invoice receipt, and payment.

    • Requisition: Request for goods or services

    • Approval: Authorization of the requisition by appropriate personnel

    • Purchase Order: Formal document to the supplier specifying the details of the purchase

    • Goods Receipt: Verification of goods received matching the purchase order

    • Invoice Receipt: Receipt of invoice from the suppl

  • Answered by AI
  • Q2. Major observations or risk identified in your internal audit experience.
  • Ans. 

    Key risks identified in internal audit experience

    • Lack of segregation of duties leading to potential fraud

    • Inadequate controls over financial reporting

    • Insufficient IT security measures

    • Non-compliance with regulations and policies

    • Weaknesses in inventory management

  • Answered by AI
  • Q3. How to identified ghost employees?
  • Ans. 

    Ghost employees can be identified by cross-referencing payroll records with HR records and conducting regular audits.

    • Cross-reference payroll records with HR records to identify discrepancies

    • Conduct regular audits of employee information and payroll to detect any anomalies

    • Implement strong internal controls and segregation of duties to prevent ghost employees

    • Use biometric verification or time-tracking systems to ensure e...

  • Answered by AI
  • Q4. What procedure can you perform from PO dump?
  • Ans. 

    You can perform procedures such as creating purchase orders, updating purchase orders, cancelling purchase orders, etc. from a PO dump.

    • Creating new purchase orders based on the information in the dump

    • Updating existing purchase orders with new information

    • Cancelling purchase orders that are no longer needed

    • Reviewing and analyzing purchase order data for insights

  • Answered by AI
Round 2 - One-on-one 

(1 Question)

  • Q1. Some personal questions.

Interview Preparation Tips

Interview preparation tips for other job seekers - Goodluck

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Consultant Interview Questions & Answers

user image Anonymous

posted on 10 Sep 2022

I was interviewed in Mar 2022.

Round 1 - Technical 

(3 Questions)

  • Q1. Various types of valuations
  • Ans. 

    Valuations can be of various types depending on the purpose and method used.

    • Asset-based valuation

    • Market-based valuation

    • Income-based valuation

    • Liquidation valuation

    • Replacement cost valuation

  • Answered by AI
  • Q2. Equity vs enterprise value
  • Ans. 

    Equity represents ownership in a company, while enterprise value represents the total value of a company.

    • Equity is the residual interest in the assets of a company after liabilities are paid off

    • Enterprise value is the sum of equity, debt, minority interest, and preferred stock minus cash and cash equivalents

    • Equity is used to calculate metrics such as return on equity and price-to-book ratio

    • Enterprise value is used to c...

  • Answered by AI
  • Q3. Comparable company analysis vs comparable transaction analysis
  • Ans. 

    Comparable company analysis compares multiples of similar public companies while comparable transaction analysis compares multiples of similar M&A deals.

    • Comparable company analysis is based on multiples of similar public companies

    • Comparable transaction analysis is based on multiples of similar M&A deals

    • Comparable company analysis is more commonly used

    • Comparable transaction analysis is more accurate but harder to find d...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Study the basics and have good knowledge about valuation and it will be fine for you

Interview questions from similar companies

I applied via Recruitment Consultant and was interviewed in Mar 2021. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Selenium java

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident. Talk/answer based on your knowledge and real time experience. Don't try to fake any skillset.

I was interviewed before Oct 2020.

Interview Questionnaire 

2 Questions

  • Q1. Asked questions related to my projects.
  • Q2. Situational questions with no exact answers

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and do not keep shut

I applied via Campus Placement and was interviewed in Oct 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Introduce yourself, about the role and cross questions on profile

Interview Preparation Tips

Interview preparation tips for other job seekers - All is well. Stay calm and composed and confidence

I applied via Company Website and was interviewed in Aug 2020. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. My work experience
  • Q2. The kind of work I had done
  • Q3. Technical questions on Accounting standards and auditing and tax matters

Interview Preparation Tips

Interview preparation tips for other job seekers - I would say that you must be very confident about what everything you write in your CV. The interview revolves around yiur CV. One must not brag in the CV and write everything honestly and with proper justification

Interview Questionnaire 

1 Question

  • Q1. Questions on Audit approach, controls.

Interview Preparation Tips

Interview preparation tips for other job seekers - good experience.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed before Jan 2022. There were 2 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 - HR 

(2 Questions)

  • Q1. Tell us about yourself
  • Q2. Why do you want to join EY

Interview Preparation Tips

Interview preparation tips for other job seekers - Read about it general controls testingand app controls testing

Interview Questionnaire 

5 Questions

  • Q1. Tell me something about yourself?
  • Q2. Why you want to join us?
  • Q3. Articleship Experience
  • Ans. 

    Articleship experience is essential for gaining practical knowledge and skills in the field of consulting.

    • Articleship provides hands-on experience in real-world scenarios.

    • It helps in understanding the practical application of theoretical knowledge.

    • Working under experienced professionals enhances skills and knowledge.

    • Articleship is a crucial step towards becoming a successful consultant.

  • Answered by AI
  • Q4. Recently adapted Ind As's
  • Ans. 

    Ind AS's are Indian Accounting Standards converged with IFRS.

    • Ind AS's are applicable to certain classes of companies in India.

    • They aim to bring transparency and comparability in financial reporting.

    • Ind AS's have been adapted from IFRS with certain modifications.

    • They cover various aspects of accounting such as revenue recognition, leases, financial instruments, etc.

  • Answered by AI
  • Q5. FAR check if each one FA is located severly (proced"s involved)
  • Ans. 

    To check if each FA is located severely, follow the FAR procedures.

    • Refer to FAR Part 45 for definitions and identification of FAs

    • Check the records of each FA to determine its location

    • Ensure that the location of each FA is compliant with applicable regulations

    • If any FA is found to be located severely, take appropriate corrective action

  • Answered by AI
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Mazars Interview FAQs

How many rounds are there in Mazars Consultant interview?
Mazars interview process usually has 1-2 rounds. The most common rounds in the Mazars interview process are One-on-one Round and Technical.
How to prepare for Mazars Consultant interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Mazars. The most common topics and skills that interviewers at Mazars expect are SAP, Accounting, Auditing, Bid Management and Bidding.
What are the top questions asked in Mazars Consultant interview?

Some of the top questions asked at the Mazars Consultant interview -

  1. What is ghost employee and how can we identify ghost employ...read more
  2. What checks can you perform from PO du...read more
  3. What procedure can you perform from PO du...read more

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Mazars Consultant Interview Process

based on 3 interviews

Interview experience

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Mazars Consultant Salary
based on 174 salaries
₹4 L/yr - ₹13.5 L/yr
41% less than the average Consultant Salary in India
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Mazars Consultant Reviews and Ratings

based on 24 reviews

3.1/5

Rating in categories

3.5

Skill development

2.9

Work-life balance

2.5

Salary

3.1

Job security

2.9

Company culture

2.7

Promotions

2.8

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