PwC Associate Interview Questions, Process, and Tips

Q1. What is balance sheet and pand l
Ans. 
Balance sheet and P&L are financial statements that provide a snapshot of a company's financial health.
• Balance sheet shows a company's assets, liabilities, and equity at a specific point in time.

• Profit and Loss (P&L) statement shows a company's revenues, expenses, and net income over a period of time.

• Balance sheet helps assess a company's liquidity and solvency, while P&L helps evaluate its profitability.

• Example: Balan...read more
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Q2. What is statutory audit
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Statutory audit is a legally required external audit of a company's financial statements to ensure accuracy and compliance with laws and regulations.
• Statutory audit is mandatory for all companies to ensure transparency and accountability.

• It is conducted by independent auditors who examine the financial records and statements of a company.

• The audit report is submitted to regulatory authorities and shareholders to provid...read more
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Q1. What is vbcs in paas payer?
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VBCS in PaaS stands for Visual Builder Cloud Service in Platform as a Service.
• VBCS is a cloud-based development platform that allows users to create and deploy web and mobile applications without the need for coding.

• PaaS refers to a category of cloud computing services that provides a platform allowing customers to develop, run, and manage applications without the complexity of building and maintaining the infrastructu...read more
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Q2. Name the first pwc emoloyee?
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The first PwC employee was Samuel Lowell Price, who joined the firm in 1890.
• Samuel Lowell Price was the first employee of PwC, joining in 1890

• He played a key role in the early growth and success of the firm

• Price was known for his dedication to client service and professionalism
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Q1. Explain Spark performance tuning
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Spark performance tuning involves optimizing various configurations and parameters to improve the efficiency and speed of Spark jobs.
• Optimize resource allocation such as memory and CPU cores to prevent bottlenecks

• Use partitioning and caching to reduce data shuffling and improve data locality

• Adjust the level of parallelism to match the size of the data and available resources

• Monitor and analyze job execution using Spark...read more
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Q2. SQL joins and problems
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Q1. Audit assertions
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Q2. Revenue recognitin steps
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Aptitude questions similar to CAT exam

Q1. Technical, HR questions were asked, questions were straightforward
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It was a basic aptitude test with quant, english, logical reasoning and scenario based questions.

Q1. Can you talk about some excel functions you know
Ans. 
I am familiar with various Excel functions such as VLOOKUP, SUMIF, and CONCATENATE.
• VLOOKUP: Used to search for a value in the first column of a range and return a value in the same row from another column.

• SUMIF: Adds the cells specified by a given condition or criteria.

• CONCATENATE: Combines two or more strings into one.
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