PwC Financial Analyst Interview Questions and Answers

AI in Managerial Sector

Q1. How Can we leverage AI to financial sector?
Ans. 
AI can be leveraged in the financial sector through automation, fraud detection, risk management, customer service, and investment analysis.
• Automation of repetitive tasks such as data entry and report generation

• Fraud detection through pattern recognition and anomaly detection

• Risk management by analyzing large datasets to identify potential risks and opportunities

• Improved customer service through chatbots and personaliz...read more
Answered by AI
Add your answer
Q2. What are the metrics we see for financial frauds?
Ans. 
Metrics for financial frauds include abnormal fluctuations in financial statements, high employee turnover, and frequent related party transactions.
• Abnormal fluctuations in financial statements (e.g. sudden increase in revenue or decrease in expenses)

• High employee turnover, especially in key financial positions

• Frequent related party transactions without proper disclosure or justification
Answered by AI
Add your answer

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
Answered by AI
Add your answer
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
Answered by AI
Add your answer

Q1. About Educational Background
Add your answer
Q2. About Family, Address etc Background
Add your answer
Q3. About KPMG and about The Role Of FTS Analyst related Toppics
Add your answer
Q4. Why You want To Join KPMG?
Add your answer
Q5. Any Plan for Leave in Next 6 Months?
Add your answer

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
Answered by AI
Add your answer
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
Answered by AI
Add your answer

Q1. Personal Information.
Add your answer
Q2. Family Background.
Add your answer

Q1. Tell me about yourself
Add your answer
Q2. Why you want to work at BCG
Add your answer

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
Answered by AI
Add your answer

Q1. Salary expectations
Add your answer

Domain based test was conducted

Q1. Domain based test were conducted
Add your answer
Q2. Domain based questions were asked
Add your answer

Aptitude - verbal, quant, reasoning

Q1. Walk me through balance sheet
Add your answer

Q1. Tell me about a time you had to deal with multiple stakeholders
Add your answer