PwC Associate-2 interview questions

1. What is materiality? Types of materiality? 2. Types of audit opinions 3. Difference between depreciation and impairment 4. Accounting treatment of debt instruments and debt issue cost? 5. How to audit cash and bank? 6. When will you use external confirmations? 7. Questions about work experience 8. Have you done IFC testing? 9. What is deferred revenue? How is it shown in books 10. Revenue recognition as per Ind AS 115 11. What is deferred tax? Use any other example other than depreciation 12. What are contingent liabilites? 13. What are accounting policies? Examples 14. How will you audit investments of the client