PwC Financial Analyst Interview Questions and Answers

Q1. Provide SOP for Account Payables.
Ans. 
SOP for Account Payables involves verifying invoices, obtaining approvals, processing payments, and reconciling accounts.
• Verify invoices against purchase orders and receipts

• Obtain necessary approvals for payment

• Process payments accurately and timely

• Reconcile accounts to ensure accuracy

• Maintain proper documentation for audit purposes
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Q2. What is turnover discount?
Ans. 
Turnover discount is a reduction in price offered to customers who purchase a large quantity of goods or services.
• Turnover discount is commonly used in retail and wholesale industries to incentivize bulk purchases.

• The discount amount typically increases with the quantity purchased.

• For example, a supplier may offer a 10% turnover discount for customers who buy 100 units of a product.

• Turnover discount helps businesses in...read more
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Q1. About Educational Background
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Q2. About Family, Address etc Background
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Q3. About KPMG and about The Role Of FTS Analyst related Toppics
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Q4. Why You want To Join KPMG?
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Q5. Any Plan for Leave in Next 6 Months?
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You have to pass aptitude test with minimum 75%.

Q1. What is the use of financial statements in business.
Ans. 
Financial statements are essential tools used by businesses to communicate their financial performance and position to stakeholders.
• Financial statements provide a snapshot of a company's financial health at a specific point in time.

• They help investors and creditors assess the company's profitability, liquidity, and overall financial stability.

• They are used by management to make informed decisions about the company's op...read more
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Q2. How do we calculate debt to equity ratio.
Ans. 
Debt to equity ratio is calculated by dividing total debt by total equity.
• Calculate total debt by adding short-term and long-term debt

• Calculate total equity by adding common stock, retained earnings, and additional paid-in capital

• Divide total debt by total equity to get the debt to equity ratio
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Q1. Personal Information.
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Q2. Family Background.
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Q1. Tell me about yourself
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Q2. Why you want to work at BCG
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Q1. What is cash flow statement, budgeting, forecasting Examples of cash flow statements
Ans. 
Cash flow statement shows the inflow and outflow of cash, budgeting is planning for future expenses, forecasting is predicting financial outcomes.
• Cash flow statement shows the sources and uses of cash in a business

• Budgeting involves setting financial goals and creating a plan to achieve them

• Forecasting involves predicting future financial outcomes based on historical data

• Examples of cash flow statements include operati...read more
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Q1. Salary expectations
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Domain based test was conducted

Q1. Domain based test were conducted
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Q2. Domain based questions were asked
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Aptitude - verbal, quant, reasoning

Q1. Walk me through balance sheet
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Q1. Tell me about a time you had to deal with multiple stakeholders
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Q1. Basic accounting questions
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Q1. How do reconcile the ledgers
Ans. 
Reconciling ledgers involves comparing and adjusting account balances to ensure accuracy.
• Compare account balances in different ledgers

• Identify discrepancies and investigate the causes

• Adjust account balances to correct errors

• Ensure accuracy and completeness of financial records

• Document all reconciliations for audit purposes
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Q2. How do you do ageing analysis/how do you prepare bills payables
Ans. 
Ageing analysis is done by categorizing bills payables by their due dates and calculating the number of days past due.
• Sort bills payables by due date

• Categorize bills payables by age (e.g. 0-30 days past due, 31-60 days past due, etc.)

• Calculate the total amount of bills payables in each age category

• Analyze the trend of bills payables aging over time

• Prepare a report to show the ageing analysis results
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Q1. What do you know about the company
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