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PwC Associate2 Interview Questions and Answers
24 Interview questions
I have extensive experience in auditing, focusing on compliance, financial accuracy, and operational efficiency.
Conducted internal audits for a mid-sized company, identifying discrepancies that saved the organization 15% in operational costs.
Participated in external audits, collaborating with auditors to ensure compliance with financial regulations and standards.
Developed audit checklists and procedures that strea...
The audit process involves systematic examination of financial records to ensure accuracy and compliance.
Planning: Define the scope and objectives of the audit, e.g., financial statement audit.
Risk Assessment: Identify areas of potential risk, such as revenue recognition.
Fieldwork: Gather evidence through testing transactions and controls, e.g., sampling invoices.
Reporting: Prepare an audit report summarizing find...
Accounting concepts are basic principles that guide the preparation of financial statements, while accounting conventions are customs and traditions that have evolved over time.
Accounting concepts are theoretical and fundamental principles that form the basis of accounting practices.
Accounting conventions are practical guidelines and customs followed in the preparation and presentation of financial statements.
Exam...
The 4 heads of Income are salary, house property, business/profession, and capital gains.
Salary: Income earned from employment or services rendered.
House Property: Income earned from renting out a property.
Business/Profession: Income earned from running a business or providing professional services.
Capital Gains: Income earned from the sale of capital assets like stocks, real estate, etc.
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Depreciation is the allocation of cost of tangible assets over their useful life, while depletion is the allocation of cost of natural resources over their usage.
Depreciation is used for tangible assets like buildings and machinery, while depletion is used for natural resources like oil and minerals.
Depreciation is based on the asset's useful life, while depletion is based on the amount of resource extracted.
Depre...
Evaluating an integration from an IT point of view involves assessing compatibility, functionality, scalability, security, and performance.
Assess compatibility of systems and applications being integrated
Evaluate functionality to ensure seamless operation and user experience
Consider scalability to accommodate future growth and changes
Review security measures to protect data and prevent breaches
Analyze performance ...
Evaluate divestiture from IT perspectives, focusing on infrastructure, data management, compliance, and integration challenges.
Assess IT infrastructure: Evaluate if existing systems can support the divested entity's needs, e.g., cloud services.
Data management: Analyze data ownership and transfer processes to ensure compliance with regulations, like GDPR.
Compliance and security: Ensure that the divested entity meet...
Sales and purchase can be tested by analyzing transaction records, comparing with inventory levels, and conducting reconciliation.
Reviewing sales invoices and purchase orders for accuracy
Comparing sales data with inventory levels to ensure consistency
Conducting regular reconciliation of sales and purchase records
Analyzing trends in sales and purchase data to identify any anomalies or discrepancies
Bank balances can be tested by reconciling the bank statement with the company's records.
Compare the ending balance on the bank statement with the ending balance in the company's general ledger.
Check for any outstanding checks or deposits that have not cleared the bank yet.
Verify any bank fees or interest charges that may have been deducted from the account.
Ensure that all transactions are accurately recorded in b...
The OSI model is a conceptual framework that standardizes the functions of a telecommunication or computing system into seven layers.
Layer 1 - Physical layer: Deals with physical connections and transmission of raw data. Example: Ethernet cables
Layer 2 - Data link layer: Manages data transfer between devices on the same network. Example: MAC addresses
Layer 3 - Network layer: Handles routing and forwarding of data ...
PwC Associate2 Interview Experiences
46 interviews found
Anonymous
Selected
I applied via Naukri.com and was interviewed in Jun 2024. There were 2 interview rounds.
PPT assignment was given to edit
(2 Questions)
- Q1. How do you see yourself in handling pressured situation?
- Ans.
I thrive under pressure by staying organized, maintaining focus, and using effective communication to navigate challenges.
Prioritization: I assess tasks based on urgency and importance, ensuring that critical issues are addressed first. For example, during a project deadline, I create a checklist to manage my time effectively.
Calmness: I remain composed in high-pressure situations, which helps me think clearly. For ins...
- Q2. Tell us about a work that makes you feel proud of yourself
Interview Preparation Tips
(2 Questions)
- Q1. Tell me about yourself
- Q2. Cash flow statement
(2 Questions)
- Q1. Strengths and weaknesses
- Q2. Balance sheet overview
Selected
I appeared for an interview in Sep 2024.
(1 Question)
- Q1. All technical questions with Senior manager and Manager
(1 Question)
- Q1. Offer negotiation with HR
Selected
I applied via Approached by Company and was interviewed in Dec 2023. There were 2 interview rounds.
(2 Questions)
- Q1. Tell me about your previous roles
- Ans.
I have diverse experience in project management, data analysis, and team collaboration across various industries.
Managed a team of 5 in a software development project, improving delivery time by 20%.
Conducted data analysis for marketing campaigns, leading to a 15% increase in customer engagement.
Collaborated with cross-functional teams to streamline processes, resulting in a 10% reduction in operational costs.
- Q2. ESG related questions
(2 Questions)
- Q1. Tell me about your role
- Q2. What makes you eligible for a role in our organization?
- Ans.
I possess a unique blend of skills, experience, and passion that aligns perfectly with the values and goals of your organization.
Relevant Experience: I have over three years of experience in software development, specifically in Java and Spring Boot, which are crucial for this role.
Problem-Solving Skills: In my previous role, I successfully led a project that improved system efficiency by 30% through innovative solutio...
Interview Preparation Tips
Bhargav Vanga
Selected
I applied via Naukri.com and was interviewed in Dec 2023. There were 3 interview rounds.
(1 Question)
- Q1. Regarding Oracle fundamentals.
(1 Question)
- Q1. Briefing about the projects.
(1 Question)
- Q1. Salary discussion , behaviour questions
jeet dhillon
(1 Question)
- Q1. About experience and role responsibilities.
(1 Question)
- Q1. Technical discussion about the experience.
(1 Question)
- Q1. Real case scenario discussion
(1 Question)
- Q1. About role offered and acceptance
Selected
Qualitative and Quantative
(4 Questions)
- Q1. Coding, technical questions
- Q2. Implement Reverse Array code
- Ans.
Implement a code to reverse an array of strings.
Create a function that takes an array of strings as input
Use a loop to iterate through the array and swap the elements from start to end
Return the reversed array
- Q3. Python technical question
- Q4. Sql and Software engineering question
(1 Question)
- Q1. Final round with some questions
Skills evaluated in this interview
(2 Questions)
- Q1. Type of controls in audit
- Ans.
Controls in audit refer to policies and procedures implemented to ensure accuracy and reliability of financial statements.
Preventive controls: designed to prevent errors or fraud before they occur (e.g. segregation of duties)
Detective controls: designed to detect errors or fraud after they have occurred (e.g. reconciliations)
Corrective controls: designed to correct errors or fraud that have been detected (e.g. adjustin...
- Q2. What is cut off procedures
- Ans.
Cut off procedures are steps taken to stop a process or transaction at a specific point in time.
Cut off procedures are used in accounting to ensure that transactions are recorded in the correct accounting period.
Examples include cut off procedures for inventory counts at the end of a fiscal year.
Cut off procedures may also be used in manufacturing to stop production at a certain point in order to make changes or adjust...
Selected
I applied via Naukri.com and was interviewed in Mar 2024. There was 1 interview round.
(1 Question)
- Q1. I was interviewed for 1120 federal and state returns. Questions were on temp and perm diff treatment, on supplemental forms 4562,8990 etc., and state modifications
Selected
I applied via LinkedIn and was interviewed in Aug 2023. There were 3 interview rounds.
(1 Question)
- Q1. All technical questions related to project
(1 Question)
- Q1. All technical questions related to project and profile
(1 Question)
- Q1. It's HR discussion round where salary will be discussed
PwC Interview FAQs
Some of the top questions asked at the PwC Associate2 interview -
The duration of PwC Associate2 interview process can vary, but typically it takes about less than 2 weeks to complete.
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PwC Interviews By Designations
- PwC Associate Interview Questions
- PwC Senior Associate Interview Questions
- PwC Consultant Interview Questions
- PwC Associate2 Interview Questions
- PwC Associate Consultant Interview Questions
- PwC Manager Interview Questions
- PwC Senior Consultant Interview Questions
- PwC Technology Consultant Interview Questions
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Overall Interview Experience Rating
based on 56 interview experiences
Difficulty level
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Interview Questions from Similar Companies
PwC Associate2 Reviews and Ratings
based on 531 reviews
Rating in categories
|
Senior Associate
18.5k
salaries
|  ₹7.3 L/yr - ₹31 L/yr |
|
Associate
14.9k
salaries
| ₹5 L/yr - ₹18.6 L/yr |
|
Manager
7.4k
salaries
| ₹14 L/yr - ₹45 L/yr |
|
Senior Consultant
4.9k
salaries
| ₹9.1 L/yr - ₹33 L/yr |
|
Associate2
4.6k
salaries
| ₹4.8 L/yr - ₹16.5 L/yr |
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