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PwC Associate L2 Interview Questions, Process, and Tips

Updated 15 Apr 2023

Top PwC Associate L2 Interview Questions and Answers

  • Q1. Step for revenue recognition - IND AS 115, how you book revenue in case of returnable policy goods, How you would check AR, Explain AR checking at year end, Audit Opinion ...read more
  • Q2. How will you check the completeness and accuracy of any Information Provided by an Entity?
  • Q3. P2P Process with the different risks and controla to mitigate them?
View all 19 questions

PwC Associate L2 Interview Experiences

21 interviews found

Associate L2 Interview Questions & Answers

user image Vishal Gupta

posted on 4 Sep 2022

I applied via Approached by Company and was interviewed before Sep 2021. There were 2 interview rounds.

Round 1 - HR 

(1 Question)

  • Q1. They sk me about my experience, salary expecatation.
Round 2 - One-on-one 

(1 Question)

  • Q1. They ask me about my experience, work .

Interview Preparation Tips

Interview preparation tips for other job seekers - They normally ask about your work not the technical side.

Associate L2 Interview Questions & Answers

user image Anonymous

posted on 10 Dec 2021

Interview Questionnaire 

1 Question

  • Q1. Difference between stat and internal audit
  • Ans. 

    Stat audit is mandatory and conducted by external auditors while internal audit is voluntary and conducted by internal auditors.

    • Stat audit is conducted to ensure compliance with legal and regulatory requirements.

    • Internal audit is conducted to evaluate and improve the effectiveness of risk management, control, and governance processes.

    • Stat audit is mandatory and conducted by external auditors while internal audit is vol...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and do not fake .

Associate L2 Interview Questions Asked at Other Companies

asked in PwC
Q1. Step for revenue recognition - IND AS 115, how you book revenue i ... read more
asked in PwC
Q2. How will you check the completeness and accuracy of any Informati ... read more
asked in PwC
Q3. P2P Process with the different risks and controla to mitigate the ... read more
asked in PwC
Q4. COSO and COBIT. What is the difference?
asked in PwC
Q5. Do you feel this is your cup of tea?

Associate L2 Interview Questions & Answers

user image HITESH AGARWAL

posted on 7 Nov 2022

I applied via Campus Placement and was interviewed before Nov 2021. 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 tips
Round 2 - Technical 

(5 Questions)

  • Q1. Knowledge of IFC and ICFR
  • Q2. COSO and COBIT. What is the difference?
  • Ans. 

    COSO is a framework for internal control while COBIT is a framework for IT governance.

    • COSO focuses on internal control over financial reporting while COBIT focuses on IT governance and management

    • COSO has five components: control environment, risk assessment, control activities, information and communication, and monitoring activities

    • COBIT has five focus areas: strategic alignment, value delivery, risk management, resou...

  • Answered by AI
  • Q3. P2P Process with the different risks and controla to mitigate them?
  • Ans. 

    P2P process involves risks such as fraud, errors, and non-compliance. Controls like segregation of duties, approvals, and audits can mitigate them.

    • P2P process involves procurement, receiving, and payment

    • Risks include fraud, errors, and non-compliance with policies and regulations

    • Controls include segregation of duties, approvals, and audits

    • Segregation of duties ensures that no single person has complete control over the...

  • Answered by AI
  • Q4. Change management, Product development cycle of a new application or system. Please explain.
  • Q5. How will you check the completeness and accuracy of any Information Provided by an Entity?
  • Ans. 

    I will cross-check the information with reliable sources and verify the data for accuracy and completeness.

    • Verify the information with multiple sources

    • Check for consistency in the data provided

    • Ensure that all necessary information is present

    • Compare the data with industry standards and regulations

    • Ask for clarification or additional information if needed

  • Answered by AI

Interview Preparation Tips

Topics to prepare for PwC Associate L2 interview:
  • Internal Audit
Interview preparation tips for other job seekers - Keep updated yourself on different industry Internal Audit Controls.

Associate L2 Interview Questions & Answers

user image Anonymous

posted on 31 May 2021

I applied via Campus Placement and was interviewed in May 2021. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Step for revenue recognition - IND AS 115, how you book revenue in case of returnable policy goods, How you would check AR, Explain AR checking at year end, Audit Opinion , Component of Audit Risk.
  • Ans. 

    Answering questions on revenue recognition, AR checking, and audit opinion.

    • For returnable policy goods, revenue is recognized only when the customer confirms acceptance of the goods.

    • AR checking involves verifying the accuracy of the accounts receivable balance by reviewing invoices, payments, and credit memos.

    • At year end, AR checking involves confirming outstanding balances with customers and assessing the collectabili...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident, after question take a pause -think -deliver, You will do great.

PwC interview questions for designations

 Associate Consultant

 (39)

 Developer Associate

 (1)

 Project Associate

 (1)

 Associate Technical Consultant

 (6)

 Senior Associate Consultant

 (4)

 Associate Software Engineer

 (2)

 Senior Associate L1

 (1)

 Associate

 (218)

Associate L2 Interview Questions & Answers

user image Anonymous

posted on 30 Nov 2021

I applied via Naukri.com and was interviewed in Jun 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Practical based questions based on work experience.

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and answer the questions using your work experience for the post which you apply.

Get interview-ready with Top PwC Interview Questions

Associate L2 Interview Questions & Answers

user image Anonymous

posted on 31 Aug 2022

I applied via campus placement at Allhabad chaper of Institute of Chartered Accountants of India (ICAI ), Allahabad and was interviewed before Aug 2021. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Substantive testing related questions
  • Q2. Cogs and payroll related substantive test performer

Interview Preparation Tips

Interview preparation tips for other job seekers - Easy interview, can be cracked with minimum knowledge

Associate L2 Jobs at PwC

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Associate L2 Interview Questions & Answers

user image Munendra Mohan Dandariyal

posted on 16 Jan 2022

I applied via Campus Placement and was interviewed before Jan 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Based on my articleship experience and what i have written in my cv

Interview Preparation Tips

Interview preparation tips for other job seekers - First of all try to be real be polite and u must be an active listener.

Associate L2 Interview Questions & Answers

user image Anonymous

posted on 14 Jul 2020

I applied via Naukri.com and was interviewed in Jan 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. PKI Implementation!
  • Ans. 

    PKI implementation involves the use of digital certificates to secure communication and authenticate users.

    • PKI stands for Public Key Infrastructure

    • It involves the use of digital certificates to ensure secure communication

    • Certificates are issued by a trusted Certificate Authority (CA)

    • Certificates contain a public key and other identifying information

    • Certificates are used to authenticate users and devices

    • Examples of PKI ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - " If you don't have a job right now don't worry
about what people think of you. Worry about
the people who depend on you"

It took couple of months to get an opportunity
for an interview with PwC SDC.
I had two rounds of Technical interview and
one HR round and then the documentation
process goes on for a month (which includes
background verification and all)
Be prepared in depth with whatever
technology you are working with. Because in
PwC you can expect very detailed questions
about the domain you have experience with.
Interview process was very nice and helpful.
Someone can dare to revert back queries to
the interviewer with whatever clarifications
they need or expect. And trust me you will be
completely satisfied.
It's inevitable that you may face scenarios
where you must face tough questions to
answer, but don't panic, be smart and
and honestly say what and how much you
know. People choose candidates(humans) not
machine ,so it's ok to not answer every
questions.
Concluding, would surely like to appreciate
Naukri.com for providing such a great
infrastructure where it allows many job
seekers like me to maintain and present there
data base that implicates the skills and
ofcourse personality in front of recruiters.
Wish you all the best 👍

Cheers
Subhrojeet 😎

Associate L2 Interview Questions & Answers

user image Anonymous

posted on 30 Aug 2022

I applied via campus placement at Institute of Chartered Accountant of India (ICAI) and was interviewed before Aug 2021. There was 1 interview round.

Round 1 - Campus 

(2 Questions)

  • Q1. Explain about derivatives, what is auditing. Explain internal control, mteriality
  • Ans. 

    Derivatives are financial instruments whose value is derived from an underlying asset. Auditing is the process of examining financial records to ensure accuracy and compliance. Internal control refers to the policies and procedures implemented by a company to safeguard assets and ensure accurate financial reporting. Materiality refers to the significance of a financial transaction or event.

    • Derivatives are contracts bet...

  • Answered by AI
  • Q2. Explain about inherit risk, control risk . Service organization audit
  • Ans. 

    Inherent risk and control risk are two types of risks in service organization audit.

    • Inherent risk is the risk of material misstatement in the absence of any internal controls.

    • Control risk is the risk that a material misstatement will not be prevented or detected by the internal controls.

    • Service organization audit involves assessing these risks to determine the level of assurance needed.

    • Examples of inherent risks includ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Not to join, as company is not good. Partial to the core. Manager are favour towards few people.
Hike is less than 7 percent. No growth. No life and only pressure.

Associate L2 Interview Questions & Answers

user image Anonymous

posted on 26 Nov 2021

I applied via Campus Placement and was interviewed before Nov 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Basic auditing and previous work profile related

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and keep your basics clear

PwC Interview FAQs

How many rounds are there in PwC Associate L2 interview?
PwC interview process usually has 1-2 rounds. The most common rounds in the PwC interview process are Resume Shortlist, One-on-one Round and Technical.
How to prepare for PwC Associate L2 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 PwC. The most common topics and skills that interviewers at PwC expect are Leadership Development, Risk Management, Process Quality, Advisory and Networking.
What are the top questions asked in PwC Associate L2 interview?

Some of the top questions asked at the PwC Associate L2 interview -

  1. Step for revenue recognition - IND AS 115, how you book revenue in case of ret...read more
  2. How will you check the completeness and accuracy of any Information Provided by...read more
  3. P2P Process with the different risks and controla to mitigate th...read more

Tell us how to improve this page.

PwC Associate L2 Interview Process

based on 6 interviews

3 Interview rounds

  • Resume Shortlist Round
  • Technical Round
  • Personal Interview1 Round
View more

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PwC Associate L2 Salary
based on 384 salaries
₹4.9 L/yr - ₹16 L/yr
29% more than the average Associate L2 Salary in India
View more details

PwC Associate L2 Reviews and Ratings

based on 72 reviews

3.4/5

Rating in categories

3.6

Skill development

3.2

Work-life balance

3.2

Salary

3.8

Job security

3.4

Company culture

3.1

Promotions

3.0

Work satisfaction

Explore 72 Reviews and Ratings
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Kolkata

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