How to prepare for EY GDS Interview || Interview Questions asked in EY Gobal | Audit Role

About this Video

• Video Title: How to prepare for EY GDS Interview || Interview Questions asked in EY Gobal | Audit Role
• Channel: CA Shivam Palan_CA Monk
• Speakers: Ashini, CS Shai Khan, Shivam (Host)
• Duration: 59:45

Introduction

This video provides guidance on preparing for an EY GDS interview, specifically for audit roles. The speakers, current EY GDS employees, discuss interview processes, frequently asked questions, regional variations within EY GDS, career trajectories, and exit options.

Key Takeaways

• Interview Process: The interview process typically involves an initial test (covering Excel, accounting, English grammar, and attitude), followed by an HR round and a technical round.
• Interview Questions: Expect questions on basic audit concepts (materiality, assertions), specific account areas (inventory, PP&E, revenue), cutoff procedures, alternative procedures, and recent accounting standard updates (e.g., lease accounting). Behavioral questions assessing how candidates would handle situations as a senior auditor are also common. The "why EY GDS?" question is crucial; emphasizing a desire for global experience and exposure is recommended.
• Regional Variations: EY GDS operates across three main regions: US, EMEA (Europe, Middle East, Africa), and APAC (Asia-Pacific). The specific GAAP used varies by region. While candidates don't typically choose their region, expressing a preference during the interview may be considered.
• Career Progression: The typical hierarchy is Staff, Senior, Assistant Manager, Manager, Director, Partner. Growth depends on performance and initiative. Opportunities for client interaction, international rotations, and skill development (e.g., professional skepticism) are highlighted.
• Exit Options: Two years of EY GDS experience opens doors to other global accounting firms, companies with global finance operations (especially in India), and roles in various finance sectors. The global experience gained is a significant advantage in job applications.