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ACCOUNTING FIRM Interview Questions and Answers
7 Interview questions
Accounting is the systematic process of recording, analyzing, and reporting financial transactions to provide insights into an entity's financial health.
Recording: Documenting financial transactions, e.g., sales, purchases.
Classifying: Organizing transactions into categories, like assets, liabilities.
Summarizing: Creating financial statements, such as income statements and balance sheets.
Analyzing: Evaluating fina...
Financial accounting involves recording, summarizing, and reporting financial transactions to provide useful information to stakeholders.
Focuses on the preparation of financial statements like balance sheets and income statements.
Follows standardized guidelines such as GAAP or IFRS for consistency.
Provides information for external stakeholders like investors, creditors, and regulators.
Example: A company reports it...
Accounting has several branches, each serving distinct purposes in financial reporting and analysis.
Financial Accounting: Focuses on reporting financial information to external users (e.g., investors).
Managerial Accounting: Provides information for internal management to aid in decision-making (e.g., budgeting).
Cost Accounting: Analyzes costs of production to help businesses control expenses (e.g., cost per unit).
...
I perform various accounting tasks at home, including bookkeeping, financial analysis, and budgeting.
Bookkeeping to track income and expenses
Financial analysis to assess the financial health of the business
Budgeting to plan and monitor financial resources
Preparing financial statements
Tax preparation and filing
An accounting firm is a professional service firm that provides accounting and financial services to businesses and individuals.
Accounting firms offer services such as bookkeeping, tax preparation, financial statement analysis, and auditing.
They help businesses maintain accurate financial records and comply with tax laws and regulations.
Accounting firms may also provide consulting services to help businesses impro...
GST stands for Goods and Services Tax. It is a consumption-based tax levied on the supply of goods and services.
GST is an indirect tax system implemented in many countries, including India, Canada, and Australia.
It replaces multiple indirect taxes like excise duty, service tax, and VAT.
GST is levied at each stage of the supply chain, but the tax burden is ultimately borne by the end consumer.
It aims to simplify th...
Accounting concepts are fundamental principles and guidelines that govern the field of accounting.
Accounting concepts provide a framework for recording, analyzing, and reporting financial transactions.
They ensure consistency and comparability in financial statements.
Some common accounting concepts include the accrual concept, going concern concept, and matching concept.
The accrual concept states that revenues and ...
ACCOUNTING FIRM Interview Experiences
14 interviews found
Hadman Meghwal
Selected
(3 Questions)
- Q1. Account manager I am only
- Q2. What type of accounting work do you perform at home?
- Ans.
I perform various accounting tasks at home, including bookkeeping, financial analysis, and budgeting.
Bookkeeping to track income and expenses
Financial analysis to assess the financial health of the business
Budgeting to plan and monitor financial resources
Preparing financial statements
Tax preparation and filing
- Q3. Account manager in seleri 20000
I am only account work in home work account manager
(2 Questions)
- Q1. I am only account work in the morning to sham in home
- Q2. 20000 in home work account manager at home work
I am only account manager
Interview Preparation Tips
Accountant Interview Questions asked at other Companies
Sagar kumar Rana
Selected
I appeared for an interview in Nov 2024, where I was asked the following questions.
- Q1. What do you mean by accounting..?
- Ans.
Accounting is the systematic process of recording, analyzing, and reporting financial transactions to provide insights into an entity's financial health.
Recording: Documenting financial transactions, e.g., sales, purchases.
Classifying: Organizing transactions into categories, like assets, liabilities.
Summarizing: Creating financial statements, such as income statements and balance sheets.
Analyzing: Evaluating financial...
- Q2. Name the Branches of accounting..?
- Ans.
Accounting has several branches, each serving distinct purposes in financial reporting and analysis.
Financial Accounting: Focuses on reporting financial information to external users (e.g., investors).
Managerial Accounting: Provides information for internal management to aid in decision-making (e.g., budgeting).
Cost Accounting: Analyzes costs of production to help businesses control expenses (e.g., cost per unit).
Tax A...
- Q3. What do you mean by financial accounting
- Ans.
Financial accounting involves recording, summarizing, and reporting financial transactions to provide useful information to stakeholders.
Focuses on the preparation of financial statements like balance sheets and income statements.
Follows standardized guidelines such as GAAP or IFRS for consistency.
Provides information for external stakeholders like investors, creditors, and regulators.
Example: A company reports its ann...
Interview Preparation Tips
Auditor Interview Questions asked at other Companies
Govarthan S.K.
Selected
I appeared for an interview in Sep 2024, where I was asked the following questions.
- Q1. Self Introduction
- Q2. Accounting Basic Questions
srinivas golla
Like accounting background questions have given
All four persons what we are doing in previous company drawings
(1 Question)
- Q1. Hr asked finally personal information and way of taking behaviour and like subject matter like all 20 mins nearly discussion going on me and hr
Internal Auditor Interview Questions asked at other Companies
Anonymous
Selected
I applied via Referral and was interviewed before Aug 2023. There were 2 interview rounds.
Accounts payable with all types of invoicing
(2 Questions)
- Q1. What is your work
- Ans.
I am responsible for managing financial records, preparing financial statements, and analyzing financial data.
Preparing financial statements
Analyzing financial data
Managing financial records
Ensuring compliance with accounting regulations
Collaborating with other departments to provide financial insights
- Q2. How you manage your work
- Ans.
I manage my work by prioritizing tasks, setting deadlines, delegating when necessary, and regularly reviewing progress.
Prioritize tasks based on deadlines and importance
Set deadlines for each task to stay on track
Delegate tasks to team members when overwhelmed
Regularly review progress to ensure goals are being met
Senior Accountant Interview Questions asked at other Companies
Selected
I applied via Naukri.com and was interviewed in May 2023. There were 3 interview rounds.
(1 Question)
- Q1. Tell me about your self
(4 Questions)
- Q1. Working questions
- Q2. A/c Sale of entry
- Q3. A/c purchase of entry
- Q4. A/c bank of entry
Interview Preparation Tips
Accountant Interview Questions asked at other Companies
I applied via Company Website
Addition subtract multiflication
Accounts Officer Interview Questions asked at other Companies
(3 Questions)
- Q1. Tell me about yourself | How to introduce you
- Ans. Hello, sir. Thanks for giving me the opportunity to introduce myself. My name is Raj kumar gupta am from Ballia city u.p . I am a creative and hard- working person.
- Q2. Skills & Experiences
- Q3. I have 3.2 years of experience in Accounting under chartered accountant Skill tally erp 9 exel, word
Interview Preparation Tips
Accounting Staff Interview Questions asked at other Companies
Selected
I applied via Campus Placement and was interviewed in Apr 2023. There were 4 interview rounds.
General knowledge of questions
4,5 members discuss the answer title story
(1 Question)
- Q1. Yourself personal details
Typing Master Interview Questions asked at other Companies
I applied via Approached by Company and was interviewed in Jan 2022. There were 2 interview rounds.
(4 Questions)
- Q1. Tell me about yourself
- Ans. My name is alka sanju I am coming from karunagappally I completed my degree in shree vidhaydhiraja college of arts and science, karunagappally
- Q2. What are accounting concept
- Ans.
Accounting concepts are fundamental principles and guidelines that govern the field of accounting.
Accounting concepts provide a framework for recording, analyzing, and reporting financial transactions.
They ensure consistency and comparability in financial statements.
Some common accounting concepts include the accrual concept, going concern concept, and matching concept.
The accrual concept states that revenues and expen...
- Q3. What you know about gst
- Ans.
GST stands for Goods and Services Tax. It is a consumption-based tax levied on the supply of goods and services.
GST is an indirect tax system implemented in many countries, including India, Canada, and Australia.
It replaces multiple indirect taxes like excise duty, service tax, and VAT.
GST is levied at each stage of the supply chain, but the tax burden is ultimately borne by the end consumer.
It aims to simplify the tax...
- Q4. What yo know about accounting firm?
- Ans.
An accounting firm is a professional service firm that provides accounting and financial services to businesses and individuals.
Accounting firms offer services such as bookkeeping, tax preparation, financial statement analysis, and auditing.
They help businesses maintain accurate financial records and comply with tax laws and regulations.
Accounting firms may also provide consulting services to help businesses improve th...
Interview Preparation Tips
- Accounting
Accountant Interview Questions asked at other Companies
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ACCOUNTING FIRM Interviews By Designations
- ACCOUNTING FIRM Accountant Interview Questions
- ACCOUNTING FIRM Accounts Officer Interview Questions
- ACCOUNTING FIRM Accounting Staff Interview Questions
- ACCOUNTING FIRM Accounts & Audit Assistant Interview Questions
- ACCOUNTING FIRM Business Development Interview Questions
- ACCOUNTING FIRM Auditor Interview Questions
- ACCOUNTING FIRM Internal Auditor Interview Questions
- ACCOUNTING FIRM Typing Master Interview Questions
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Rating in categories
|
Accountant
228
salaries
|  ₹0.6 L/yr - ₹7 L/yr |
|
Executive Accountant
120
salaries
| ₹0.9 L/yr - ₹5 L/yr |
|
Account Assistant
101
salaries
| ₹0.6 L/yr - ₹3.6 L/yr |
|
Accounting Staff
24
salaries
| ₹1 L/yr - ₹4.5 L/yr |
|
Junior Accountant
13
salaries
| ₹1 L/yr - ₹2.5 L/yr |
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