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PwC Associate Interview Questions and Answers
123 Interview questions
Remote audit procedures involve conducting audits using technology to assess compliance and performance remotely.
Utilize video conferencing tools to conduct interviews and virtual tours of facilities
Request electronic copies of documents and records for review
Use secure online platforms for sharing sensitive information
Ensure clear communication and documentation of findings
Consider potential limitations of remote...
Fly ash is a byproduct of coal combustion and is often used as a supplementary cementitious material in concrete.
Fly ash is a fine powder that is produced when coal is burned in power plants.
It can be used as a partial replacement for Portland cement in concrete to improve workability, durability, and strength.
The amount of fly ash in cement is typically limited to around 15-35% by weight of the total cementitious...
Async/await is a way to write asynchronous code in a synchronous style.
Async/await is used in C# and other programming languages to simplify asynchronous programming.
It allows developers to write asynchronous code that looks like synchronous code.
Async/await is used to avoid blocking the main thread and improve application performance.
It is commonly used in web applications to handle long-running tasks like databa...
Cut off dates for cash receipts, materiality, and assertions are important for financial reporting.
Cut off date for cash receipts is the date until which cash receipts are recorded in the financial statements.
Materiality refers to the significance of an item or transaction in the financial statements.
Assertions are statements made by management regarding the accuracy and completeness of the financial statements.
Cu...
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Cut off procedure is used to determine the period in which revenue should be recognized.
Cut off procedure is used to determine the period in which revenue should be recognized
It involves identifying the point at which the revenue is earned and determining the period in which it should be recognized
This is important for accurate financial reporting and compliance with accounting standards
Examples of cut off procedu...
Audit assertions are statements made by management regarding the accuracy of financial information.
Assertions at the transaction level include occurrence, completeness, accuracy, and cutoff.
Assertions at the balance level include existence, rights and obligations, completeness, and valuation and allocation.
Assertions at the presentation and disclosure level include occurrence, completeness, accuracy, and classific...
Fundamentals of accounting include recording, classifying, and summarizing financial transactions.
Recording financial transactions involves documenting all financial activities of a business.
Classifying financial transactions involves categorizing them into different accounts such as assets, liabilities, and equity.
Summarizing financial transactions involves preparing financial statements such as balance sheets an...
Propose a pricing strategy for an airline.
Analyze the market demand and competition
Consider the cost structure and break-even point
Offer different fare classes and ancillary services
Implement dynamic pricing based on demand and seasonality
Use loyalty programs and partnerships to retain customers
Internal controls are procedures and policies put in place to safeguard assets, ensure accuracy of financial records, and promote operational efficiency.
Preventive controls
Detective controls
Corrective controls
Directive controls
IT controls
Physical controls
Problems faced during articleship
Long working hours
Lack of guidance from seniors
Low stipend
Unfair treatment by employers
Difficulty in balancing work and studies
PwC Associate Interview Experiences
232 interviews found
Anonymous
45 questions, duration 1 hour
(2 Questions)
- Q1. Based on the projects.
- Q2. Based on the skills you mentioned in your resume.
(2 Questions)
- Q1. Based on the extra skills
- Q2. Puzzles and aptitude questions
(2 Questions)
- Q1. Why you want to join PWC
- Ans.
I want to join PwC for its commitment to innovation, professional growth, and impactful client solutions in a collaborative environment.
PwC's reputation for excellence in consulting and assurance services aligns with my career aspirations.
The opportunity to work with diverse clients across various industries excites me, as it will enhance my problem-solving skills.
PwC's emphasis on continuous learning and professional ...
- Q2. How you will handle criticism.
- Ans.
I embrace criticism as an opportunity for growth, using it to improve my skills and performance in a constructive manner.
Listen actively to understand the feedback without becoming defensive.
Reflect on the criticism to identify areas for improvement; for example, if a colleague suggests enhancing my presentation skills, I might seek additional training.
Ask clarifying questions to ensure I fully grasp the feedback and i...
I applied via Company Website and was interviewed in Jul 2024. There were 3 interview rounds.
(3 Questions)
- Q1. Pandas data frame manipulation questions, First was to change value of cell based certain conditions. Difference between iloc and loc with an example
- Q2. Guesstimate: no of airplane that took off and land in Mumbai airport
- Ans.
Approximately 700 airplanes take off and land at Mumbai airport daily.
Consider the average number of flights per day at Mumbai airport
Factor in peak travel times and seasonal variations
Take into account the types of aircrafts that operate at the airport
- Q3. Case Study : A retailer client is loosing his revenue from business, analyze the cause of decline.
- Ans.
The retailer client is experiencing a decline in revenue, analyze the cause.
Conduct a thorough analysis of the retailer's financial statements to identify any trends or patterns in revenue decline.
Evaluate the competitive landscape to see if new competitors have entered the market or existing competitors have gained market share.
Assess the retailer's marketing and advertising strategies to determine if they are effecti...
A case study statement along with large data set was provided, it had 6 sub problems where I was open to take assumption and do whatever analysis with the given data and was expected to come up with strategy/solution to solve those 6 sub problems.
I was given 3 days to solve this case study and was asked to present the solution on ppt or power bi dashboard. Use of any programming language like python, sql was allowed for data analysis.
3 days deadline was strictly followed.
Case study round was taken by Senior Manager at PwC. He initially asked many questions on my work experience, projects previous firm, domain specific question.
Case study solution for above 6 sub problems was extensively discussed. He thoroughly examined the solution right from data analysis codes(sql, python) to end visualization and strategy to solve those problem.
Interview Preparation Tips
- Python
- PySpark
- SQL
- PowerBi
Himanshu
(3 Questions)
- Q1. Tell me about Articleship Experience.
- Q2. Recent M&A and how that transaction was structured.
- Ans.
Recent M&A activity includes Microsoft's acquisition of Activision Blizzard, structured as a cash deal to enhance gaming portfolio.
Microsoft announced a $68.7 billion acquisition of Activision Blizzard in January 2022.
The deal was structured as an all-cash transaction, allowing for a straightforward valuation.
This acquisition aims to bolster Microsoft's gaming division and expand its presence in the metaverse.
Regul...
- Q3. Recent budget amendments
Selected
- Q1. What values and opportunities do you appreciate in PwC that influenced your desire to work there?
- Ans.
I value PwC's commitment to integrity, diversity, and professional growth, which align with my career aspirations.
PwC's strong emphasis on integrity and ethical practices resonates with my personal values.
The diverse and inclusive culture at PwC fosters collaboration and innovation, allowing for varied perspectives.
Opportunities for continuous learning and professional development, such as mentorship programs, are high...
- Q2. How flexible are you with the office location?
- Ans.
I am quite flexible with office locations, as I prioritize collaboration and productivity over a specific geographic area.
I am open to relocating if necessary, as I believe in adapting to the team's needs.
I have experience working remotely and can maintain productivity from various locations.
I understand the importance of being present for team meetings and client interactions, so I can adjust my location accordingly.
F...
Selected
(2 Questions)
- Q1. Inventory management process explanation
- Ans.
Inventory management process involves tracking, storing, and managing inventory to ensure efficient operations.
Tracking inventory levels to know when to reorder
Organizing inventory for easy access and retrieval
Implementing barcode or RFID technology for accurate tracking
Regularly conducting inventory audits to prevent stockouts or overstocking
- Q2. Say about the amortization
- Ans.
Amortization is the process of spreading out loan payments over time, with a portion of each payment going towards both the principal and interest.
Amortization helps borrowers pay off a loan gradually over a set period of time.
Each payment is typically divided into two parts: one portion goes towards reducing the loan balance (principal), and the other portion covers the interest accrued.
Common examples of amortization...
Interview Preparation Tips
Skills evaluated in this interview
Selected
I appeared for an interview in Sep 2024.
(2 Questions)
- Q1. Can you tell me about yourself?
- Q2. What was your experience in your last company?
- Ans.
In my last company, I focused on project management, team collaboration, and enhancing operational efficiency.
Led a team of 5 in a project that improved client satisfaction by 20% through streamlined communication.
Implemented a new project management tool that reduced task completion time by 15%.
Conducted weekly team meetings to ensure alignment on goals and foster a collaborative environment.
Trained new employees on c...
(2 Questions)
- Q1. What are your key skills?
- Ans.
I possess strong analytical, communication, and problem-solving skills, essential for effective teamwork and project execution.
Analytical Skills: I excel at breaking down complex problems into manageable parts, as demonstrated in my previous role where I improved process efficiency by 20%.
Communication: I have experience presenting ideas clearly to diverse audiences, which helped secure stakeholder buy-in for a major p...
- Q2. What is your reason for choosing this company?
- Ans.
I admire this company's commitment to innovation and its strong values, which align with my career aspirations and personal beliefs.
The company's focus on cutting-edge technology resonates with my passion for innovation, as seen in my previous project on AI development.
I appreciate the strong emphasis on teamwork and collaboration, which I experienced during my internship where I thrived in a team-oriented environment.
...
(2 Questions)
- Q1. Take me through your CV
- Ans.
I have a diverse background in finance, with experience in investment banking, corporate finance, and financial analysis.
Started my career as an investment banking analyst at Goldman Sachs
Transitioned to corporate finance role at Microsoft, focusing on financial planning and analysis
Currently working as a financial analyst at a tech startup, responsible for budgeting and forecasting
- Q2. Why do you want to join PwC
- Ans.
I want to join PwC because of its reputation for excellence, diverse opportunities, and strong focus on professional development.
PwC has a strong reputation for excellence in the industry
I am attracted to the diverse opportunities available at PwC
PwC has a strong focus on professional development, which aligns with my career goals
(1 Question)
- Q1. Take me through your cv
- Ans.
I have a diverse background in finance, with experience in investment banking, corporate finance, and financial analysis.
Worked as an investment banking analyst at Goldman Sachs for 2 years
Managed financial planning and analysis at a Fortune 500 company
Completed CFA certification in 2018
I applied via Campus Placement and was interviewed in Sep 2024. There was 1 interview round.
(2 Questions)
- Q1. Difference between queue and stack
- Ans.
Queue is a data structure that follows First In First Out (FIFO) principle, while stack follows Last In First Out (LIFO) principle.
Queue: elements are added at the rear and removed from the front.
Stack: elements are added and removed from the top.
Example: In a queue, people waiting in line at a ticket counter are served in the order they arrived. In a stack, plates in a stack are removed from the top.
- Q2. What is multithreading
- Ans.
Multithreading is the ability of a CPU to execute multiple threads concurrently, allowing for improved performance and responsiveness.
Multithreading allows for parallel execution of multiple tasks within a single process.
Each thread has its own stack and program counter, but shares the same memory space.
Examples of multithreading include web servers handling multiple requests simultaneously and video games rendering gr...
Skills evaluated in this interview
I applied via Campus Placement
There were 45 questions to be solved in less than an hour, which included verbal and quantitative aptitude.
(1 Question)
- Q1. Explain about project and questions related to the project were asked
I appeared for an interview in Nov 2024.
(1 Question)
- Q1. Overview on form 1120 Accrued concept Depreciation concept
PwC Interview FAQs
The duration of PwC Associate interview process can vary, but typically it takes about less than 2 weeks to complete.
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4-7 Yrs
₹ 6.5-15.8 LPA
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