European Investment Bank Mock Interview
Master 35 European Investment Bank interview questions covering EU policy, development finance, and multilateral banking.
Question 5 of 35
Are you familiar with vouching and how it is used during auditing processes?
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Kevin Downey has an extensive background in business management, recruiting, branding and marketing. He's volunteered his career coaching services at job fairs, lecturing on interview techniques and crafting winning resumes and cover letters.
At the heart of this question, your interviewer is looking to take a small peek inside your technical knowledge of the auditing process. Your answer can be pretty straightforward by explaining what a voucher is and, if possible, talking about times that you have used it in auditing processes in the past.
Ryan Brunner has over ten years of experience recruiting, interviewing, and hiring candidates in the healthcare, public service, and private manufacturing/distribution industries.
"As an internal auditor, vouching is a process that accurately verifies that information is correct. During my time auditing large manufacturers, the vouching that I did entailed recovering and verifying items like invoices and purchase receipts. We'd use vouching for large items that impacted an organization's bottom line."
Kimberly is a freelance writer and editor with a decade of experience in the education field, including her time as a pre-kindergarten teacher.
"Because accounting processes are prone to human error in data entry, vouching is a way to ensure accuracy. In essence, vouching is certifying that data entered in an accounting book is accurate by crosschecking the information with actual statements, receipts and debit notes. I've conducted vouching during audits in the retail industry, and these were required to be very thorough processes with large retailers receiving shipments of product from many different sources."
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