Financial Auditor

  Home  Audit  Financial Auditor


“Financial Auditor Frequently Asked Questions in various Financial Auditor job interviews by interviewer. The set of questions are here to ensures that you offer a perfect answer posed to you. So get preparation for your new job interview”



80 Financial Auditor Questions And Answers

41⟩ General Financial Auditor Job Interview Questions

☛ Tell me about a time you had to correct someone’s mistake

☛ What do you think this role involves?

☛ Describe a time when you had to improve a piece of work after criticism?

☛ What have you read about PWC in the news?

☛ Can you describe a time when you have worked in a team to deliver a piece of work? – What was your role in the team? What did you do exactly?

☛ Describe a time when you’ve successfully managed a project for example coursework or organising an event. What challenges did you overcome? Who supported you? What was the outcome?

☛ Can you tell me about a piece of recent financial news you’ve read? Why did you find it interesting?

☛ Give an example of a time you failed to accomplish something.

☛ Give an example of a time you built a relationship.

☛ Why audit?

☛ Give an example of a time you worked with someone with a different style. How did this differ to your own?

☛ Give an example of a time you said something unethical.

☛ Give an example of a time when you weren’t given enough guidance.

☛ Why PWC?

☛ Give an example of a time you overcame conflict.

☛ What do you know about the ACA exams?

☛ Give an example of a time when you worked with people outside your usual network.

☛ What’s the most difficult thing about working with you?

☛ Give an example of a time you solved a complex problem.

☛ Give an example of a time when you had to complete multiple different projects to a short deadline.

☛ What would you do if you heard one of your co-workers releasing confidential client information?

☛ Tell me about a time when you were given vague instructions for a task and had to figure out what to do.

☛ Give an example of a time you dealt with a team member who didn’t pull his weight.

 208 views

42⟩ Tell us do you understand the importance of communication skills for an external auditor?

Because external auditors go into companies as an outsider in order to point out issues and enact change, I realize that communication is a vital skill. Without honed communication skills, the auditor may not be able to articulate his or her thoughts or explain the issues found in a way that can be understood by the general public. It is also important that an external auditor is able to communicate in a friendly way to ensure there is no animosity.

 255 views

45⟩ Role-specific Financial Auditor Job Interview Questions

☛ How has your experience/education prepared you to be an internal auditor?

☛ How do you develop an audit plan? What is important to consider?

☛ What do you do after you finish with an audit?

☛ What are important elements of internal control systems? What process would you follow to review them?

☛ Do you know any audit software or CAATs (computer assisted audit techniques)? Have you used them before?

☛ What do you know about information technology controls?

☛ Where and how do you gather important raw data? How do you analyze them?

☛ Are you familiar with IFRS?

☛ How do you keep up with changes in regulations and laws?

☛ How do you think internal auditing can add value to a company?

☛ Why are you interested in the audit field? What do you like most about this job?

 198 views

46⟩ Explain me how do you remain focused during a day filled with number crunching and paying acute attention?

Number crunching allows one reach the right decisions through analysis and taking on the best options according to cost benefit analysis. Number crunching also allows one determine the right costs and also provides assurance that Value for money is being attained in terms cost and economy as well as efficiency and effectiveness. I like paying attention to details as it enables one take the best possible alternative given the various decision available.

 307 views

47⟩ Tell me why do you want to work in audit?

If you really want the job you're applying for, plenty of reasons will spring to mind.

It could be that you're keen to get an inside look at the country's top companies by studying their accounts; that you'd like the opportunity to visit client sites and build long-term relationships with them; or that you're eager to study for a professional qualification while getting hands-on experience on the job.

Whatever it is that excites you about working in audit, make sure you show that you've done some research and understand what the job involves, and that you can explain why it appeals to you.

 290 views

48⟩ Suppose if you had an under performing auditor, what would you say to him or her, to help boost their performance?

I will keep encouraging them in each and every aspect of their performance and give them motivation to enhance their performance by making them refer standards and inculcate positive attributes within them so that they gain confidence that the company is actually growing because of their contribution towards work.

 245 views

49⟩ Please explain, can you provide some examples of cultural adaptability?

Edwards explains that the best way to answer this question is by showing, not telling. “Our clients are often looking for people who will travel frequently, across different time zones, and encounter many different cultural approaches both inside and outside of their business dealings,” he says. “If you can show that you know what that entails, it helps the interviewer feel more relaxed about putting you in that challenging environment. Any examples of visiting family and friends abroad, studying in a different country and thus experiencing their culture or adapting yourself to new ways of working will show the interviewer that this isn't going to shock you.”

 242 views

53⟩ Explain me how long do you intend to be in this role?

It is important to show commitment and loyalty so by all means mention that you are particularly interested in roles with scope for internal mobility within an organisation. One final interview tip is to use this as a chance to show ambition by making it clear that you are stimulated by a continual challenge.

 224 views

55⟩ Explain me about some recent developments within the audit industry?

This is a great opportunity to show an understanding of the audit industry as a whole, through ongoing professional development, keeping up with industry communications or through your professional network for example. Make sure your answer is as relevant as possible to the prospective employer and the role in question.

 234 views

56⟩ Tell me what is required to perform an internal audit?

To perform an internal audit all of the financial records shall be given by the treasurer for the audit, including the check-book register, bank statement, deposit slip, cancelled checks, treasurer’s reports, expense vouchers or warrants with bill receipts, the annual treasurer’s report etc.

 233 views

57⟩ Explain about a time when you solved a difficult problem?

Competency questions come up in interviews for all kinds of graduate roles, but they're particularly important to positions in audit. This is because your interviewers probably won't expect you to have a detailed understanding of the audit process so instead will be looking for a number of core competencies to show you have the potential to do well in the job.

The skills interviewers will look for include teamwork, leadership, problem-solving, adaptability and judgement. Make sure you have examples of times when you demonstrated these competencies to hand, and practise answering competency questions using the STAR method, outlining the Situation, Task, Action and Result.

 229 views

58⟩ Explain me have you ever been offered a bribe at any of your previous positions? What did you do?

No I have not been offered a bribe. I have always been very straight and objective in handling audit matters. Management once indicated that they want me to train their staff in audit matters and accounting and they would pay my allowances. I indicated to them that this would not be possible unless the event is handled by the Institute of Public Accountants where I subscribe and I would be a facilitator, but under the institute.

 230 views