Upload Button Icon Add office photos

Filter interviews by

PwC Senior Audit Associate Interview Questions, Process, and Tips for Experienced

Updated 27 Jun 2024

Top PwC Senior Audit Associate Interview Questions and Answers for Experienced

  • 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?
View all 7 questions

2 PwC Senior Audit Associate Interview Experiences for Experienced

7 questions found

Sort by: Popular

Senior Audit Associate Interview Questions

user image Aditi Agarwal

posted on 27 Jun 2024

Interview experience
4
 Good
Difficulty level
 Easy
Duration
 Less than 2 weeks
Result
Selected  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

Senior Audit Associate Interview Questions

user image Anonymous

posted on 14 Sep 2021

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.



Get interview-ready with top interview questions

Senior Audit Associate Jobs at PwC

View all

Interview questions from similar companies

Interview experience
5
 Excellent
Difficulty level
 Easy
Duration
 2-4 weeks
Result
Selected  Selected

I applied via Acca careers

3 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

Aptitude Test Round

Basic 12th commerce questions and logical reasoning basic questions

3

One-on-one Round (3 Questions)

  • Q1. What is audit risk
  • Q2. Basic journal entry of accrued interest
  • Q3. Where do you see yourself in 5 years and why ey?

Audit Associate Interview Questions

KPMG India user image Arpit Mishra

posted on 27 Apr 2022

I applied via Company Website and was interviewed in Mar 2022.

4 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

Aptitude Test Round

It consists of 4 sections namely english,email Writing,Financial accounting and reasoning.

3

Technical Round (1 Question)

  • Q1. Most questions were asked from financial accounting and some scenerio based questions were also asked. The level of interview was high
4

HR Round (1 Question)

  • Q1. Asked basic questions like when available for joining,Educational qualifications,Future plans,furether study plans.

Interview Preparation Tips

Interview preparation tips for other job seekers - Please make your financial accounting knowledge very stronger and also make your spoken english very fluent in order to Get shortlisted.

I applied via campus placement at Indian Institute of Management (IIM), Kolkatta and was interviewed in Oct 2020.

4 Interview Rounds

Interview Questions

Interview Preparation Tips

Interview preparation tips for other job seekers - My advice is to be confident, present excellent communication skills and a zeal to learn things if you go wrong. Don't give wrong answers if you don't know something politely say I cannot recollect it at the moment.

I applied via Referral and was interviewed in Jan 2022.

3 Interview Rounds

1

Resume Shortlist Round

Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
2

Technical Round (2 Questions)

  • Q1. Auditing Case Study/Question on Materiality
  • Q2. Question on Bank Reconciliation Statement Items//Question on Fixed Assets
3

HR Round (1 Question)

  • Q1. CURRENT CTC,JOB LOCATION PREFERENCE,EXPECTED CTC

Interview Preparation Tips

Interview preparation tips for other job seekers - Well versed with All Audit terms and concepts

I applied via Approached by Company and was interviewed in Feb 2022.

1 Interview Round

1

Technical Round (1 Question)

  • Q1. 1) Ind As - 115 2) Ind As - 116 3) Ind As - 2 4) Latest Schedule III amendments 5) CARO 2020 6) How to Audit Bank Balance 7) How to audit Trade payables 8) Some...read more

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident with interviewer and speak exactly what you had experience , don’t create things , Resume should be fair , prepare some important topics before applying for job interviews !!

I applied via Naukri.com and was interviewed in Apr 2021.

5 Interview Rounds

Interview Questions

  • Q1. Ifrs 15, few accounting treatment, audit procedures for various areas, ICFR Audits etc Add Answer

Interview Preparation Tips

Interview preparation tips for other job seekers - Brush up your basic conceptual knowledge

Audit Assistant Interview Questions

Ernst & Young user image Abhishek Kamboj

posted on 5 Jan 2022

I applied via Referral and was interviewed in Jul 2021.

3 Interview Rounds

Interview Questions

  • Q1. What is audit and objectives? View Answers (1)
  • Q2. What is reasonable assurance? View Answers (1)
  • Q3. Understanding on Materiality and few practical examples. Add Answer
  • Q4. What is Limited review and difference between year end Statutory audit and limited review? View Answers (1)
  • Q5. Understanding on Revenue Audit and difference with Statutory Audit. View Answers (1)
  • Q6. How to Audit Cash flow statement with examples? View Answers (1)
  • Q7. Understanding of Ind AS-115 basics and in depth with examples. Add Answer
  • Q8. Most Important part is Audit Assertions on which atleast 7-8 practical scenario questions has been asked. Add Answer
  • Q9. Few practical scenario questions on work performed as per CV. Add Answer

Interview Preparation Tips

Interview preparation tips for other job seekers - Interviewee should have deep understanding of everything mentioned in the CV and no one ask for fluent English but what one is saying should be understandable and make sure to be confident and deal every question with positive attitude.
If don't know the answer, it's okay just simply reply I don't know rather than giving wrong answer.

I applied via Recruitment Consulltant and was interviewed before Jun 2021.

1 Interview Round

1

Technical Round (2 Questions)

  • Q1. 1. Abouts You 2. Your professional journey history 3. What you have works for previous organization in detailed 4. Contribution adding you in previous organizat...read more
  • Q2. For Fresher as Chartered Accountant - Some IndAS 15 & IndAs 16 question

Interview Preparation Tips

Interview preparation tips for other job seekers - In statutory audit interview, Please read and learn below things
1. Materiality , Performance materiality
2. IFC testing - Walkthrough, D&I, TOE (Sample basis)
3. Substantive Audit Procedures
4. Related parties, Managerial remuneration
5. CARO 2020 Reporting
6. Schedule III Amendments

PwC Interview FAQs

How many rounds are there in PwC Senior Audit Associate interview for experienced candidates?
PwC interview process for experienced candidates usually has 1 rounds. The most common rounds in the PwC interview process for experienced candidates are One-on-one Round.
How to prepare for PwC Senior Audit Associate interview for experienced candidates?
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 for experienced candidates?

Some of the top questions asked at the PwC Senior Audit Associate interview for experienced candidates -

  1. What are the types of sampling? What is the difference between test of details ...read more
  2. What is the accounting treatment for debt issuance cost/ loan processing fees/ ...read more
  3. What are the assertions for Accounts Payable? How will you test unrecorded liab...read more

Tell us how to improve this page.

People are getting interviews through

based on 2 PwC interviews
Job Portal
Campus Placement
50%
50%
Moderate Confidence
?
Moderate Confidence means the data is based on a sufficient number of responses received from the candidates

Interview Questions from Similar Companies

Deloitte Interview Questions
3.8
 • 2.8k Interviews
Ernst & Young Interview Questions
3.5
 • 1.1k Interviews
KPMG India Interview Questions
3.5
 • 764 Interviews
ZS Interview Questions
3.4
 • 454 Interviews
BCG Interview Questions
3.8
 • 189 Interviews
Bain & Company Interview Questions
3.8
 • 101 Interviews
Blackrock Interview Questions
3.9
 • 101 Interviews
Grant Thornton Interview Questions
3.7
 • 95 Interviews
WSP Interview Questions
4.3
 • 88 Interviews
View all
PwC Senior Audit Associate Salary
based on 49 salaries
₹6 L/yr - ₹16.6 L/yr
54% more than the average Senior Audit Associate Salary in India
View more details

PwC Senior Audit Associate Reviews and Ratings

based on 7 reviews

4.8/5

Rating in categories

4.1

Skill development

3.8

Work-Life balance

4.4

Salary & Benefits

4.5

Job Security

4.4

Company culture

4.2

Promotions/Appraisal

4.1

Work Satisfaction

Explore 7 Reviews and Ratings
Senior Associate
14.4k salaries
unlock blur

₹8 L/yr - ₹30 L/yr

Associate
12.5k salaries
unlock blur

₹4.5 L/yr - ₹16 L/yr

Manager
6.5k salaries
unlock blur

₹13.4 L/yr - ₹50 L/yr

Senior Consultant
4.4k salaries
unlock blur

₹8.9 L/yr - ₹32 L/yr

Associate2
4.1k salaries
unlock blur

₹4.5 L/yr - ₹16.5 L/yr

Explore more salaries
Compare PwC with

Deloitte

3.8
Compare

Ernst & Young

3.5
Compare

Accenture

3.9
Compare

TCS

3.7
Compare

Calculate your in-hand salary

Confused about how your in-hand salary is calculated? Enter your annual salary (CTC) and get your in-hand salary
Did you find this page helpful?
Yes No
write
Share an Interview