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PwC Senior Audit Associate Interview Questions, Process, and Tips
Updated
27 Jun 2024
Top PwC Senior Audit Associate Interview Questions and Answers
- Q1. What are the types of sampling? What is the difference between test of details and substantive analytical procedures?
- Q2. What is the accounting treatment for debt issuance cost/ loan processing fees/ transaction cost?
- Q3. What are the assertions for Accounts Payable? How will you test unrecorded liabilities?
2 PwC Senior Audit Associate Interview Experiences
7 questions found
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Popular
Aditi Agarwal
Interview experience
Good
Difficulty level
Easy
Duration
Less than 2 weeks
Result
Selected
I applied via Campus Placement and was interviewed before Jun 2023.
1 Interview Round
1
One-on-one Round (1 Question)
- Q1. Difference between amortization and depreciation View Answers (1)
Anonymous
I applied via Naukri.com and was interviewed in Mar 2021.
4 Interview Rounds
Interview Questions
- Q1. Explain ASC 606. How would you test Revenue?
View Answers (1)
- Q2. What are the assertions for Accounts Payable? How will you test unrecorded liabilities?
View Answers (1)
- Q3. What is the accounting treatment for debt issuance cost/ loan processing fees/ transaction cost?
View Answers (1)
- Q4. What is the difference between deferred revenue and unearned revenue. Explain with an example.
View Answers (1)
- Q5. How to test property, plant and equipment?
View Answers (1)
- Q6. What are the types of sampling? What is the difference between test of details and substantive analytical procedures?
View Answers (1)
Interview Preparation Tips
Interview preparation tips for other job seekers - 1. Make sure that you have detailed knowledge of what you have written on your CV based on your working experience because 70-80% of the interview would be based on your CV itself and interviewer would expect to get appropriate answers for these question.
2. Never hesitate to say 'Sorry. I am not sure on this' - if you are unsure of the answer. Interviewers would be happy to hear that instead of incorrect/manipulated answers. Always remember that interviewers are very knowledgeable and experienced professionals. Respond only when you are 100% sure. Its not necessary that you know all the answers, neither that is expected from any candidate. So, its totally fine and acceptable.
3. Listen carefully to the questions and take your time to respond to the same. Try to give as precise answer as possible and don't include irrelevant part (delivering unnecessary stuff would not help you rather it may work as a negative point).
4. You can drive the interview/ decide the questions yourself which you want the interviewer to ask from you.
Eg. - You are supposed to explain testing of revenue. So while explaining the same, you can use some specific terms on which you have good knowledge. See below for illustration:
(a) If you have knowledge on ASC 606, you can highlight this standard by saying that we would test whether entity has recognized the revenue in accordance with ASC 606.
(b) If you have knowledge on types of sampling, you can focus on it by saying that we will decide around what type of sampling would be most appropriate in a particular situation.
(c) You can also highlight on how COVID has impacted auditing procedures.
2. Never hesitate to say 'Sorry. I am not sure on this' - if you are unsure of the answer. Interviewers would be happy to hear that instead of incorrect/manipulated answers. Always remember that interviewers are very knowledgeable and experienced professionals. Respond only when you are 100% sure. Its not necessary that you know all the answers, neither that is expected from any candidate. So, its totally fine and acceptable.
3. Listen carefully to the questions and take your time to respond to the same. Try to give as precise answer as possible and don't include irrelevant part (delivering unnecessary stuff would not help you rather it may work as a negative point).
4. You can drive the interview/ decide the questions yourself which you want the interviewer to ask from you.
Eg. - You are supposed to explain testing of revenue. So while explaining the same, you can use some specific terms on which you have good knowledge. See below for illustration:
(a) If you have knowledge on ASC 606, you can highlight this standard by saying that we would test whether entity has recognized the revenue in accordance with ASC 606.
(b) If you have knowledge on types of sampling, you can focus on it by saying that we will decide around what type of sampling would be most appropriate in a particular situation.
(c) You can also highlight on how COVID has impacted auditing procedures.
Get interview-ready with top interview questions
Senior Audit Associate Jobs at PwC
Interview questions from similar companies
Interview experience
Average
Difficulty level
Moderate
Duration
Less than 2 weeks
Result
No response
I applied via Recruitment Consulltant and was interviewed in Aug 2022.
2 Interview Rounds
1
Resume Shortlist Round
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
2
Technical Round (2 Questions)
- Q1. 1.How will you manage your team queries and your work at the same time. Add Answer
- Q2. 1. How will you audit PPE View Answers (1)
Interview Preparation Tips
Interview preparation tips for other job seekers - Be ready to handle in depth questions related to the questions asked.
IRAM ISLAM
Interview experience
Good
Difficulty level
Easy
Duration
Less than 2 weeks
Result
Not Selected
I applied via Recruitment Consulltant and was interviewed in Oct 2024.
1 Interview Round
1
Technical Round (6 Questions)
- Q1. What do you mean by deferred revenue? View Answers (1)
- Q2. Hiw would you reconcile bank balances at the end of the period? View Answers (1)
- Q3. What are the three major activities incvolved in cash flow statement? And in which category would you include purchase of fixed assets and repayment of loans? View Answers (1)
- Q4. What are the 5 steps of Revenue recognition? View Answers (1)
- Q5. Why do you want to join Deloitte? View Answers (1)
- Q6. How would you audit fixed assets? View Answers (1)
Interview Preparation Tips
Topics to prepare for Deloitte Audit Assistant interview:
- Accounting
- Auditing
Interview experience
Excellent
Difficulty level
Easy
Duration
Less than 2 weeks
Result
Selected
I applied via campus placement at CMS College, Kottayam and was interviewed in Oct 2024.
3 Interview Rounds
1
Aptitude Test Round
An aptitude test was conducted prior to being selected for Interviews
2
Technical Round (3 Questions)
- Q1. Questions based on Resume Add Answer
- Q2. Questions relating to Accounting Add Answer
- Q3. Questions relating to IFRS Add Answer
3
HR Round (3 Questions)
- Q1. Self introduction Add Answer
- Q2. Hobbies and passions Add Answer
- Q3. Career goal in 5 years Add Answer
Interview Preparation Tips
Topics to prepare for Ernst & Young Audit Associate interview:
- IFRS
- Financial Statement Analysis
- Financial Reporting
Interview experience
Excellent
Difficulty level
Easy
Duration
More than 8 weeks
Result
Not Selected
I applied via Company Website and was interviewed in Apr 2024.
2 Interview Rounds
1
Hirevue Round (2 Questions)
- Q1. Why do you want to work for Blackrock? Add Answer
- Q2. What is a recent news article you read? Add Answer
2
One-on-one Round (2 Questions)
- Q1. Why internal audit? View Answers (1)
- Q2. What is a weakness of yours? Add Answer
2 Interview Rounds
1
Resume Shortlist Round
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
2
One-on-one Round (1 Question)
- Q1. Internal audit questions
p2p
r2r Add Answer
Interview Preparation Tips
Interview preparation tips for other job seekers - be calm and have good communication skills
Interview experience
Average
Difficulty level
Hard
Duration
Less than 2 weeks
Result
No response
I was interviewed in Nov 2024.
2 Interview Rounds
1
Aptitude Test Round
It was good and easy also
2
Technical Round (1 Question)
- Q1. Golden rules of Accounting View Answers (1)
Interview experience
Average
Difficulty level
Moderate
Duration
Less than 2 weeks
Result
No response
I applied via Company Website and was interviewed in Aug 2024.
1 Interview Round
1
Technical Round (3 Questions)
- Q1. How would you audit accounts receivable View Answers (1)
- Q2. What if you don't receive the balance confirmation you've sent View Answers (1)
- Q3. Journal entry for disposal of asset View Answers (1)
Interview Preparation Tips
Interview preparation tips for other job seekers - Be well prepared with your audit basics.
Ayush
Interview experience
Good
Difficulty level
Moderate
Duration
Less than 2 weeks
Result
Not Selected
I applied via Naukri.com and was interviewed in Aug 2024.
1 Interview Round
1
Technical Round (5 Questions)
- Q1. What is your major audit observations View Answers (1)
- Q2. Checklist of P2P audit View Answers (1)
- Q3. Checklist of HR audit View Answers (1)
- Q4. Tell us major SAP T codes View Answers (1)
- Q5. How you will audit Fixed Assets View Answers (1)
Interview Preparation Tips
Interview preparation tips for other job seekers - Read your resume first, prepared for top audit observations and checklist points of each internal audit area. Learn t code list of SAP.
Skills evaluated in this interview
PwC Interview FAQs
How many rounds are there in PwC Senior Audit Associate interview?
PwC interview process usually has 1 rounds. The most common rounds in the PwC interview process are One-on-one Round.
How to prepare for PwC Senior Audit Associate 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 Oracle, Quality Systems, Computational Fluid Dynamics, High Pressure Vessels and Writing Content.
What are the top questions asked in PwC Senior Audit Associate interview?
Some of the top questions asked at the PwC Senior Audit Associate interview -
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PwC Senior Audit Associate Reviews and Ratings
based on 7 reviews
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