Tax Consultant Interview Questions

Company Name: Deloitte
Position: Tax Consultant 1
Location: Mumbai
Application Process: I applied via campus placement at MET Institute of Management, Mumbai.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Outcome: My resume got shortlisted. Pro tip: don’t add your photo or details such as gender, age, and address in your resume; they don’t add any value.
  • Round 2 - Communication Round:

    • Questions Asked:
      • Part A: Reading (8)
      • Part B: Repeat (16)
      • Part C: Simple Questions (24)
      • Part D: Sentence Build (10)
      • Part E: Story Retelling (3)
      • Part F: Open Questions (2)
    • Your Approach: I made sure to stay calm and focused, answering each section with clarity and confidence.
    • Outcome: Passed.
  • Round 3 - Aptitude Test:

    • Questions Asked:
      • Business Proficiency Test - 1 Hour 15 Minutes, covering:
        • Financial Accounting (30 Questions)
        • Logical Reasoning (30 Questions)
        • Excel (15 Questions)
    • Your Approach: I practiced similar aptitude tests online to get a good grip on the type of questions that could be asked.
    • Outcome: Passed.
  • Round 4 - HR Round:

    • Questions Asked:
      • Tell me something about yourself.
      • Your previous work experience.
      • Golden rules of accounting.
      • What is marginal cost?
      • Financial ratios.
      • Situational questions.
    • Your Approach: I answered confidently, providing relevant examples from my past experiences.
    • Outcome: Passed.
  • Round 5 - Technical Round:

    • Questions Asked:
      • What is accrual accounting?
    • Your Approach: I explained the concept thoroughly, including its importance and application.
    • Outcome: Passed.
  • Round 6 - Technical Round:

    • Questions Asked:
      • Explain deferred tax liability.
    • Your Approach: I provided a detailed explanation along with an example to demonstrate my understanding.
    • Outcome: Passed.

Preparation Tips:

  • Practice aptitude tests online to get familiar with the pattern.
  • Be clear and concise in communication rounds.
  • For technical rounds, having a sound understanding of accounting principles and staying updated with basic financial concepts really helps.

Conclusion:
Overall, my experience with Deloitte’s interview process was positive. Each round was well-structured, and the interviewers were professional. Be thorough with your basics, stay calm, and answer confidently. Good luck to all future candidates!

Company Name: Deloitte
Position: Tax Consultant 1
Location:
Application Process: I applied via Campus Placement and was interviewed in April 2023.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked: No specific questions, it was a resume shortlisting process.
    • Your Approach: I made sure my resume was honest and accurately reflected my years of experience and skills.
    • Outcome: Successfully shortlisted for the next round.
  • Round 2 - Aptitude Test:

    • Questions Asked: The test included basic aptitude questions.
    • Your Approach: I practiced a variety of aptitude questions beforehand to improve my speed and accuracy.
    • Outcome: Passed the aptitude test and moved on to the technical round.
  • Round 3 - Technical Interview:

    • Questions Asked:
      • Q1. Basics of accounts and tax-related questions.
    • Your Approach: I prepared by revising my fundamentals in accounting and taxation. I focused on understanding the concepts thoroughly rather than just memorizing answers.
    • Outcome: The technical interview went well, and I was able to answer the questions confidently.

Conclusion:
Overall, the interview process with Deloitte was quite structured. The resume shortlisting was straightforward, and the aptitude test was manageable with the right preparation. The technical interview tested my knowledge in accounts and taxation thoroughly. I would advise future candidates to focus on their fundamentals and practice aptitude questions regularly. Good luck to everyone preparing!

Company Name: Deloitte
Position: Tax Consultant 1
Location: -
Application Process: I applied via Campus Placement and was interviewed in Sep 2021.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked: -
    • Your Approach: I made sure my resume was crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, so I focused on leaving the best impression.
    • Outcome: Passed
  • Round 2 - Versant Round:

    • Questions Asked: Communication skills, reading, writing, listening
    • Your Approach: I prepared by practicing my communication skills, focusing on clarity and conciseness.
    • Outcome: Passed
  • Round 3 - Business Proficiency Round:

    • Questions Asked: Ms Excel, maths, logical reasoning
    • Your Approach: I brushed up on my Excel skills, worked on math problems, and practiced logical reasoning puzzles.
    • Outcome: Passed
  • Round 4 - Technical Round:

    • Questions Asked: It consisted of a case study.
    • Your Approach: I carefully analyzed the case study, structured my thoughts, and presented a comprehensive solution.
    • Outcome: Passed
  • Round 5 - HR Round:

    • Questions Asked: Asked about yourself and some technical questions
    • Your Approach: I prepared a solid introduction about myself and revised key technical concepts.
    • Outcome: Passed
  • Round 6 - One-on-One Round:

    • Questions Asked: More technical questions
    • Your Approach: I focused on explaining my technical knowledge in-depth and showcasing my problem-solving skills.
    • Outcome: Passed

Preparation Tips:
Topics to prepare for the Deloitte Tax Consultant interview: Accounting, Taxation, Advanced Excel, Finance, Cash Flow, Journal entries, Profit and Loss, Financial Statement Analysis.

Interview preparation tips for other job seekers: Just be confident and know the basics very well, especially the ones you think are easy.

Conclusion:
Overall, the experience was intense but rewarding. What went well was my thorough preparation in key areas and maintaining confidence throughout the process. If I had to do something differently, I would have started preparing earlier to reduce any last-minute stress. My final advice for future candidates is to remain calm and focus on your strengths.

Company Name: Deloitte
Position: Tax Consultant 1
Location:
Application Process: Campus placement

Interview Rounds:

  • Round 1 - Aptitude Test:

    • Questions Asked:
      1. Versant Test
      2. Basic accounting questions
      3. Logical reasoning
      4. Excel questions
    • Your Approach:
      I made sure to brush up on my basic accounting knowledge and practiced logical reasoning and Excel skills beforehand. The Versant Test was a bit challenging but manageable with practice.
    • Outcome: I passed this round.
  • Round 2 - One-on-one Round:

    • Questions Asked:
      1. Basic tax-related questions
      2. Situational type questions
    • Your Approach:
      I was thorough with the fundamentals of tax concepts and used logical reasoning for situational questions. I tried to stay calm and composed while answering.
    • Outcome: Passed this round too.
  • Round 3 - HR Round:

    • Questions Asked:
      1. Questions from the resume, hobbies, difficult situations faced, and how I overcame them.
      2. A situational question: “Suppose you are part of a team with 3 members, and you are assigned a task…”
    • Your Approach:
      I answered honestly about my experiences, discussed my hobbies, and explained a challenging situation I had faced and how I dealt with it. For the situational question, I emphasized teamwork and effective problem-solving strategies.
    • Outcome: Completed successfully.

Preparation Tips:
Make sure to answer all the questions confidently. Don’t panic; the interviewers are really friendly. Do not lie or fake it at any point in time. Most of the questions asked were situational to assess if we can handle different situations and work well in a team. So make sure to answer what you genuinely feel is right.

Conclusion:
Overall, my experience with Deloitte’s interview process was positive. The interviewers were approachable and friendly, which made the environment less intimidating. If I could have done anything differently, I might have allocated more time to practicing for the Versant Test. Good luck to everyone else preparing for their interviews!

Company Name: Deloitte
Position: Tax Consultant 1
Application Process: I applied via referral and was interviewed before March 2023.

Interview Rounds:

  • Round 1 - Aptitude Test:

    • Questions Asked: This was a technical round combined with an aptitude test.
    • Your Approach: For the aptitude questions, I focused on my speed and accuracy, brushing up on basic math and logical reasoning skills beforehand. For the technical part, I reviewed key concepts relevant to tax consulting.
    • Outcome: Passed this round.
  • Round 2 - One-on-one Round:

    • Questions Asked:
      • Q1. How do you manage multiple busy periods?
    • Your Approach: I emphasized my organizational skills and proactive communication during crunch times. I provided specific examples from past experiences demonstrating how I prioritized tasks and handled stress to meet deadlines.
    • Outcome: Successfully cleared this round.

Conclusion:
Overall, my experience with Deloitte was positive. The interview process was thorough but manageable with proper preparation. If I could change one thing, I’d spend even more time practicing aptitude questions to boost my confidence during the test. My final advice for future candidates is to stay calm, be yourself, and prepare well in advance, especially focusing on your technical and problem-solving skills.

Company Name: Deloitte
Position: Tax Consultant 1
Location: Not Mentioned
Application Process: Campus Placement

Interview Rounds:

  • Round 1 - One-on-One Round:
    • Questions Asked:
      • Introduction
      • Direct and indirect tax
      • The second question was unclear or not properly noted.
    • Your Approach: For the introduction, I started with a brief background about my education and work experiences relevant to the role. For the direct and indirect tax question, I discussed the basic concepts and provided examples where applicable. Unfortunately, the details about the second question are missing, so I’m unable to provide insights on that.
    • Outcome: Not specified in the provided data.

Preparation Tips:
For those preparing for the Deloitte Tax Consultant interview, I would recommend focusing on:

  • Business Analysis
  • Business Restructuring
  • Knowledge of Drafting
  • Financial Statement Analysis
  • Understanding of Income Tax and Indirect Taxation
  • Legal Research skills

Conclusion:
Overall, my interview experience with Deloitte was quite structured. I believe having a strong grasp of the fundamentals and being able to explain them clearly is crucial. One thing I could have done differently is to have been better prepared for possible follow-up questions related to my answers. My advice to future candidates would be to thoroughly understand the basics and be able to articulate your thoughts clearly. Good luck!

Company Name: Deloitte
Position: Tax Consultant 1
Application Process: I applied via referral and was interviewed before March 2023.

Interview Rounds:

  • Round 1 - Versant Round:

    • Questions Asked: Basic test to check English proficiency.
    • Your Approach: The test was straightforward, focusing mostly on basic English skills like grammar, vocabulary, and comprehension.
    • Outcome: Passed.
  • Round 2 - Aptitude Test Round:

    • Questions Asked: Questions were based on accounts, excel, and reasoning.
    • Your Approach: I focused on brushing up my basics in accounting and practiced a lot of excel functions and reasoning puzzles.
    • Outcome: Passed.
  • Round 3 - HR Round:

    • Questions Asked: Basic HR questions, mainly about my background, strengths, and why I want to work at Deloitte.
    • Your Approach: I kept my answers honest and to the point, highlighting my interest in the role and how my skills align with their requirements.
    • Outcome: Passed.
  • Round 4 - Technical Round:

    • Questions Asked: Questions were related to accounts, taxation, and excel.
    • Your Approach: I explained my understanding and experience in handling accounts and taxation, and demonstrated my proficiency in excel through practical examples.
    • Outcome: Passed.
  • Round 5 - One-on-one Round:

    • Questions Asked: Technical and situation-based questions.
    • Your Approach: I approached these questions by sharing specific examples from my past experiences, demonstrating how I handled technical challenges and situational problems efficiently.
    • Outcome: Passed.

Preparation Tips:

  • Brush up on your basics in accounts, excel, and taxation.
  • Practice a lot of reasoning and aptitude questions.
  • Be honest and clear in HR rounds.

Conclusion:
The overall experience was quite smooth. Each round was distinct and tested different skills, which gave me a good opportunity to demonstrate my abilities comprehensively. If I could go back and change anything, I would probably spend a bit more time polishing my excel skills since they were quite a focal point. For future candidates, I’d suggest being thorough with your subjects, practicing as much as you can, and staying calm and confident during the interviews.

Company Name: Deloitte
Position: Tax Consultant 1
Location: [Not specified]
Application Process: I applied via campus placement and was interviewed before March 2022.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked:
      Not applicable
    • Your Approach:
      I made sure my resume was professional and up-to-date. Avoid using unprofessional email addresses like cool_boy@email.com.
    • Outcome: I passed the resume shortlisting phase.
  • Round 2 - Aptitude Test:

    • Questions Asked:
      • Versant test for speaking and listening.
      • Excel test to check basic skills on Excel and layout.
      • Test to check basic understanding of accounts.
    • Your Approach:
      I focused on improving my communication skills for the Versant test. For the Excel and accounts tests, I brushed up on my basic Excel functions and revised fundamental accounting principles.
    • Outcome: Successfully cleared the aptitude test.
  • Round 3 - HR Round:

    • Questions Asked:
      1. Tell me something about yourself.
      2. Why do you want to join Deloitte?
      3. Few journal entries and accounting concepts.
    • Your Approach:
      I prepared a concise and confident introduction about myself, highlighting my strengths. For the question about why I wanted to join Deloitte, I spoke about the company’s reputation and aligned it with my career goals. When answering about journal entries and accounting concepts, I used examples from my coursework and internships.
    • Outcome: Managed to impress the interviewer and move to the next round.
  • Round 4 - Technical Round:

    • Questions Asked:
      1. What is a ledger and a few more accounting concepts.
      2. About the Indian taxation system.
    • Your Approach:
      I explained the ledger and other accounting concepts clearly and succinctly. For the Indian taxation system, I discussed current taxation policies and how they impact businesses.
    • Outcome: Successfully cleared the technical round and received positive feedback.

Preparation Tips:
Just be yourself and make sure you can back up everything that’s written in your CV. For specific roles like Tax Consultant, focus on mastering accounting principles and brushing up on Excel skills. Good communication is key for the Versant test.

Conclusion:
The overall experience was quite challenging but also very rewarding. What went well was my preparedness in both technical and non-technical areas. If I could have done anything differently, I would have spent more time on practicing Excel functions. My final advice for future candidates would be: Stay confident, be well-prepared, and always support your resume claims with solid examples.

Company Name: Deloitte
Position: Tax Consultant 1
Location: KIIT University, Bhuvaneshwar

Application Process: I applied via campus placement at KIIT University, Bhuvaneshwar and was interviewed before Dec 2021.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked: No questions were asked.
    • Your Approach: My resume was evaluated.
    • Outcome: Passed
  • Round 2 - Versant Round:

    • Questions Asked:
      • Q1: A computer-based verbal skill test with different types of verbal tests.
      • Q2: A Co-cube test consisting of accountancy, verbal ability, logical reasoning, and quantitative aptitude.
    • Your Approach: I tackled the verbal skill test by focusing on clarity and accuracy. For the Co-cube test, I refreshed my knowledge in accountancy, practiced verbal ability exercises, worked on logical reasoning problems, and did some quantitative aptitude practice.
    • Outcome: Passed

Preparation Tips:
Interview preparation tips for other job seekers: The Versant test was conducted followed by the Co-cubes test. It’s crucial to prepare well for the verbal skills and practice accountancy, verbal ability, logical reasoning, and quantitative aptitude thoroughly.

Conclusion:
Overall, my experience was quite positive. Both rounds were challenging but manageable with proper preparation. My advice for future candidates would be to focus on practicing verbal skills and brushing up on key areas like accountancy and logical reasoning. Good luck!

Company Name: Deloitte
Position: Tax Consultant 1
Location: Not specified
Application Process: I applied via Naukri.com and was interviewed in June 2023.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked: None, this was just the resume screening round.
    • Your Approach: I made sure my resume was properly aligned and formatted, so it was easy for the recruiter to read.
    • Outcome: My resume got shortlisted!
  • Round 2 - Aptitude Test:

    • Questions Asked: The test included logical reasoning, financial accounting, and MS Excel through the Versent test followed by the AMCAT test.
    • Your Approach: I attempted to brush up on my basics in logical reasoning and accounting. For MS Excel, I focused on key functions and shortcuts.
    • Outcome: Passed the aptitude test and moved to the next round.
  • Round 3 - HR Interview 1:

    • Questions Asked: Mainly from my resume, including questions to test my leadership skills and how I manage work pressure. They also asked situational questions, like how I would handle specific work scenarios.
    • Your Approach: I answered confidently, giving examples from my past experiences that demonstrated my leadership and stress management abilities.
    • Outcome: Successfully made it through to the final HR round.
  • Round 4 - HR Interview 2:

    • Questions Asked: Similar to the first HR round but with some additional basic Excel questions.
    • Your Approach: I ensured to stay calm, clear, and concise in my answers. For Excel questions, I demonstrated my familiarity with basic functions.
    • Outcome: Passed this round as well!

Preparation Tips:
Don’t panic and be confident and loud and clear with your responses. Communication is the key.

Conclusion:
Overall, the experience was positive. What went well was my preparation in key areas such as logical reasoning, financial accounting, and MS Excel, combined with confident communication during the HR rounds. For future candidates, I would recommend focusing on clear and confident communication and being well-prepared with your basics.

Company Name: Deloitte
Position: Tax Consultant 1
Application Process: Job Fair

Interview Rounds:

  • Round 1 - Aptitude Test:

    • Questions Asked: Verbal reading test and aptitude questions on account excel and logical reasoning.
    • Your Approach: For the verbal reading test, I made sure to read the passages carefully and managed my time well. For the aptitude questions, I relied on my practice with Excel and logical puzzles.
    • Outcome: Passed
  • Round 2 - Technical Round:

    • Questions Asked: Basic questions about accounting and finance
    • Your Approach: Answered confidently, drawing on my coursework and any relevant internship experience.
    • Outcome: Passed

Preparation Tips:
I recommend brushing up on basic accounting and finance principles. Practice logical reasoning puzzles and get comfortable with Excel, as these were crucial for the aptitude test.

Conclusion:
Overall, the experience was positive. The aptitude test was a bit challenging, but manageable with proper preparation. In the technical round, being confident and clear about your basics really helps. Future candidates should focus on time management and thorough practice.

Company Name: Deloitte
Position: Tax Consultant 1
Location:
Application Process: I applied via campus placement and was interviewed before Dec 2020.

Interview Rounds:

  • Round 1 - Technical Interview:

    • Questions Asked:
      • What’s the difference between leadership and management?
      • Items to add in the balance sheet right after the trial balance.
    • Your Approach: For the first question, I explained how leadership is about inspiring and motivating people, whereas management is about planning, organizing, and coordinating resources. For the second question, I listed items like assets, liabilities, and equity that are crucial for the balance sheet.
    • Outcome: Passed the round, received positive feedback.
  • Round 2 - HR Interview:

    • Questions Asked: Basic HR questions related to my background, why I chose Deloitte, and my career goals.
    • Your Approach: I provided honest and thoughtful answers, focusing on my passion for the role and how my previous experiences made me a good fit for Deloitte.
    • Outcome: Passed this round.
  • Round 3 - Versant Test:

    • Questions Asked: The Versant test assessed my communication skills including reading, writing, and speaking English.
    • Your Approach: I practiced my communication skills beforehand and remained calm during the test.
    • Outcome: Cleared this round.

Preparation Tips:
Interview preparation tips for other job seekers - It was a simple interview with questions related to you and basic accounting principles. Focus on understanding your basics well and be confident in your answers.

Conclusion:
Overall, my experience with Deloitte’s interview process was positive. The interviewers were friendly and made me feel comfortable. I ensured that I was well-prepared with my basics, which helped me a lot. I would advise future candidates to focus on their communication skills and to be thorough with basic accounting principles. Best of luck!

Company Name: Deloitte
Position: Tax Consultant 1
Application Process: Campus Placement

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked: No questions were asked in this round.
    • Your Approach: Just submitted my resume following the standard guidelines.
    • Outcome: Successfully shortlisted.
    • Pro Tip: Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
  • Round 2 - Aptitude Test:

    • Questions Asked: The test included sections on Quants, Logical Reasoning, English, and a Versant test.
    • Your Approach: I practiced solving sample papers for quants, logical reasoning problems, and enhanced my verbal skills for the English and Versant test sections.
    • Outcome: Cleared and moved to the next round.
  • Round 3 - Face to Face Interview:

    • Questions Asked:
      • Q1. Tell me about yourself.
    • Your Approach: I gave a concise introduction focusing on my educational background, key achievements, and reasons for my interest in the role.
    • Outcome: Cleared the interview successfully.

Preparation Tips:
Stay confident and brush up on your accounting skills.

Conclusion:
Overall, it was a great experience. I believe that focusing on key skills required for the position and being well-prepared for the aptitude tests were crucial. I would suggest future candidates focus on presenting a neat and professional resume, and practice extensively for the aptitude tests to improve speed and accuracy.

Company Name: Deloitte
Position: Tax Consultant 1

Application Process: The application process was through campus placement.

Interview Rounds:

  • Round 1 - Technical Interview:

    • Questions Asked: Questions about Deloitte, Accountancy, Prior Experience, and about my resume.
    • Your Approach: For the technical interview, I made sure to brush up on my basic accountancy concepts and went through my resume thoroughly. I tried to connect my past experiences with the skills required for the role.
    • Outcome: Passed.
  • Round 2 - HR Interview:

    • Questions Asked: Q1. Can you tell me about yourself? Q2. Why Deloitte? Q3. How do you handle stress and tight deadlines?
    • Your Approach: I focused on being honest and providing detailed answers that highlight my strengths and past experiences. For “Why Deloitte?”, I shared specific reasons why I admire the company and how I see myself aligning with their values.
    • Outcome: Passed.
  • Round 3 - HR Interview:

    • Questions Asked: This round also included more behavioral questions and questions about my resume, such as describing a challenging project I worked on and how I managed it.
    • Your Approach: I used the STAR method (Situation, Task, Action, Result) to structure my answers, ensuring I covered all necessary aspects clearly and concisely.
    • Outcome: Successfully cleared.

Preparation Tips:
Interview preparation tips for other job seekers - Don’t just go with the flow. Be prepared! Make sure you have a good understanding of Deloitte’s business and the skills required for the role. Practice common interview questions and have a few examples ready to demonstrate your skills and experiences.

Conclusion:
Overall, my experience with Deloitte’s interview process was positive. What went well was my thorough preparation and the use of real-life examples to validate my skills. If I could do anything differently, I might have rehearsed my answers more to ensure an even smoother delivery. My final advice for future candidates is to stay calm, be yourself, and prepare well. Good luck!

Company Name: Deloitte
Position: Tax Consultant 1
Location: N/A
Application Process: Approached by the company before August 2023.

Interview Rounds:

  • Round 1 - Aptitude Test:

    • Questions Asked: MS Excel formulas, basic accounting concepts.
    • Your Approach: I focused on brushing up my Excel skills and revisited fundamental accounting principles. Practiced a lot of mock tests available online.
    • Outcome: Passed this round.
  • Round 2 - Technical Interview:

    • Questions Asked:
      • Q1. Prepayments and accrued expenses, balance sheet items.
    • Your Approach: I explained the concepts thoroughly and provided examples to show practical knowledge.
    • Outcome: Cleared this round successfully.
  • Round 3 - HR Interview:

    • Questions Asked:
      • Q1. What are your salary expectations?
    • Your Approach: I researched the market rate for the position and provided a reasonable range based on my findings and experience.
    • Outcome: Received positive feedback and moved forward in the process.

Preparation Tips:

  • I recommend practicing as many aptitude tests as possible, focusing particularly on Excel and basic accounting.
  • Understand core technical concepts thoroughly, as explaining them with practical examples can really help.
  • Knowing the market standards for salary expectations is crucial. Be prepared to justify your expected range.

Conclusion:
Overall, the experience was quite positive. The interviewers were professional and the questions were fair. I think I could have been better prepared for the technical round with more in-depth knowledge of specific financial concepts. My advice for future candidates would be to focus on practical applications of technical knowledge and keep practicing your core skills. Stay confident and be honest with your responses!

Company Name: Deloitte
Position: Tax Consultant 1
Application Process: Campus Placement

Interview Rounds:

  • Round 1 - Technical Interview:
    • Questions Asked: A variety of tax technical questions.
    • Your Approach: I focused on my fundamental understanding of tax concepts and tried to answer confidently based on what I had studied.
    • Outcome: Passed.

Preparation Tips:
Be confident and fully prepared. Be formally dressed, as this firm is very particular about professionalism.

Conclusion:
Overall, my experience with Deloitte was quite intense but rewarding. The key is thorough preparation and maintaining a professional demeanor throughout the interview process. Good luck to all future candidates!

Company Name: Deloitte
Position: Tax Consultant 1
Location: [Not provided]
Application Process: I applied via the company website and was interviewed in Feb 2022.

Interview Rounds:

  • Round 1 - Technical Interview:

    • Questions Asked: They asked basic introductory and technical questions, as well as situation-based questions.
    • Your Approach: I made sure to showcase my understanding of technical concepts and my problem-solving abilities in the situational questions.
    • Outcome: I passed this round and moved on to the next one.
  • Round 2 - [Round Type]:

    • Questions Asked: [Not provided]
    • Your Approach: [Not provided]
    • Outcome: [Not provided]

Preparation Tips:

  • Go through company information.
  • Focus on basic introductory and technical questions.
  • Be prepared for situation-based questions.

Conclusion:
Overall, my interview experience with Deloitte was positive. I prepared by thoroughly understanding the company’s background and focusing on both basic and technical interview questions. My advice for future candidates is to remain calm, be well-prepared, and brush up on situation-based responses.

Company Name: Deloitte
Position: Tax Consultant 1
Application Process: I applied via referral.

Interview Rounds:

  • Round 1 - Resume Shortlist:

  • Questions Asked: Not applicable

  • Your Approach: I ensured that my resume was crisp and to the point. This helped in making a good impression within the limited time the recruiter would review it.

  • Outcome: I was shortlisted for the next round.

  • Round 2 - Aptitude Test:

  • Questions Asked: The aptitude test included questions that assessed my Excel skills.

  • Your Approach: I prepared by practicing various Excel functions and formulas, which are common in finance roles.

  • Outcome: I passed the aptitude test.

  • Round 3 - Case Study:

  • Questions Asked: I was presented with a case study related to tax consulting.

  • Your Approach: I carefully analyzed the case study, identified the key issues, and structured my response systematically. I emphasized my understanding of tax laws and practical solutions.

  • Outcome: I successfully completed the case study round and received positive feedback.

Preparation Tips:
Keep yourself updated with the market trends. Make sure to read about the company before the interview; it shows your interest and preparation.

Conclusion:
Overall, my experience with Deloitte’s interview process was positive. The key is to be well-prepared and to understand the practical applications of tax laws. Future candidates should focus on honing their technical skills, especially in Excel, and be ready to present well-structured solutions during case studies.

Company Name: Deloitte
Position: Tax Consultant 1
Application Process: Campus Placement

Interview Rounds:

  • Round 1 - Technical Interview:
    • Questions Asked:
      • Q1. What is capital expenditure?
    • Your Approach:
      For the question about capital expenditure, I explained that capital expenditure (CapEx) refers to funds used by a company to acquire, upgrade, and maintain physical assets such as property, industrial buildings, or equipment. It includes expenses on assets that will provide long-term benefits.
    • Outcome:
      I feel confident that my detailed explanation was well-received.

Preparation Tips:

  • Make sure to have a solid understanding of basic financial concepts, especially those related to taxation and accounting.
  • Practice explaining complex terms in simple language. This can really help during interviews.

Conclusion:
Overall, my interview experience with Deloitte was positive. The technical question was straightforward, and I felt prepared thanks to my coursework and some additional reading. If I could have done anything differently, I might have practiced more detailed examples to further illustrate my points. My advice for future candidates is to stay calm, be clear in your explanations, and do thorough preparation on fundamental concepts.

Company Name: Deloitte
Position: Tax Consultant 1
Location: Indore

Application Process: I applied via campus placement at The International Institute of Professional Studies (IIPS), Indore and was interviewed before Sep 2021.

Interview Rounds:

  • Round 1 - Aptitude Test:

    • Questions Asked: The first part was a versant test, which tests your communication skills. This took about an hour. If you clear this, there’s another test with three sections: Microsoft Excel, Accountancy, and Aptitude.
    • Your Approach: I focused on speaking clearly and confidently during the versant test. For the second test, I revised my basics in Excel, brushed up on accountancy principles, and practiced general aptitude questions.
    • Outcome: I cleared all three sections individually.
  • Round 2 - HR Round:

    • Questions Asked: General questions like introduction, background, etc.
    • Your Approach: I tried to be honest and give a clear picture of myself and my experiences.
    • Outcome: Passed this round.
  • Round 3 - Technical Round:

    • Questions Asked: Questions were based on my internships and my knowledge of accountancy.
    • Your Approach: I provided detailed answers based on my internship experiences and ensured I linked them to my accountancy knowledge.
    • Outcome: Passed this round.
  • Round 4 - HR Round (Director’s Round):

    • Questions Asked: Similar to the technical round, but they also tried to see how I handle pressure.
    • Your Approach: I stayed calm and answered confidently, even when they put me under pressure to see my reaction.
    • Outcome: Cleared this round as well.

Preparation Tips:
Be confident and if you’re nervous that’s okay too. During my first round of the interview (HR round) I ended up telling my recruiter that I was very nervous, and he helped me calm down! Can you believe that! That’s the culture Deloitte has!

Conclusion:
Overall, my experience was positive. The interviewers were professional and understanding. I think what worked well for me was being honest and staying calm under pressure. I could have maybe prepared a bit more on detailed technical questions, but overall it was a great learning experience. If you’re applying for a similar position, just be yourself and don’t hesitate to show a bit of nervousness – it’s totally normal!