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Accenture Finance Specialist Interview Questions and Answers
Accenture Finance Specialist Interview Experiences
3 interviews found
Selected
I applied via Company Website and was interviewed in May 2024. There were 3 interview rounds.
(1 Question)
- Q1. Explain your experience
(1 Question)
- Q1. Explain financial statements and variance analysis
- Ans.
Financial statements are reports that provide an overview of a company's financial performance, while variance analysis compares actual results to budgeted or expected results.
Financial statements include balance sheet, income statement, and cash flow statement
Balance sheet shows assets, liabilities, and equity at a specific point in time
Income statement shows revenues, expenses, and profit over a period of time
Cash fl...
(1 Question)
- Q1. Solve a case study
Selected
I applied via Naukri.com and was interviewed before Jun 2022. There were 4 interview rounds.
(2 Questions)
- Q1. Personal discussion based on CV happened
- Q2. Almost about self into
Post personal discussion i was given with few cases in terms of finance analysis on excel
(1 Question)
- Q1. Post the test its one on one discussion with various leads
Interview Preparation Tips
Selected
I applied via Approached by Company and was interviewed before Feb 2022. There were 3 interview rounds.
(2 Questions)
- Q1. What is depreciation with examples
- Ans.
Depreciation is the decrease in value of an asset over time due to wear and tear, obsolescence, or other factors.
Depreciation is a method used in accounting to allocate the cost of an asset over its useful life.
It is recorded as an expense on the income statement and reduces the value of the asset on the balance sheet.
Examples of assets that can depreciate include buildings, vehicles, machinery, and computer equipment.
...
- Q2. Suppose you are in the final stage of an audit engagement for a client and identify some anomalies/discrepancy in their financials. Will you still proceed signing off the audit papers as true & fair view...
(2 Questions)
- Q1. What is difference between SEZ &STPI
- Ans.
SEZ is a geographical region with special economic laws, while STPI is a scheme for IT companies to get tax benefits.
SEZ stands for Special Economic Zone, which is a designated geographical region with special economic laws and incentives to promote foreign investment and exports.
STPI stands for Software Technology Parks of India, which is a scheme for IT companies to set up their operations in designated areas and rec...
- Q2. Why you want to leave your current job?
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Finance Specialist Jobs at Accenture
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Selected
I was interviewed in Jan 2025.
Group discussions
Topic based GD
Case study GD
Debate style GD
Problem solving GD
(5 Questions)
- Q1. Is AI a threat to human job
- Ans.
AI poses a potential threat to certain jobs but also creates new opportunities for human workers.
AI can automate repetitive tasks, leading to job displacement in certain industries
However, AI also creates new job opportunities in fields such as data analysis, AI development, and machine learning
Human workers can focus on tasks that require creativity, critical thinking, and emotional intelligence, areas where AI curren...
- Q2. Can 5G revolution technology
- Ans.
Yes, 5G technology has the potential to revolutionize various industries with its high speed, low latency, and massive connectivity.
5G technology enables faster data speeds, lower latency, and increased network capacity.
It can support the Internet of Things (IoT) devices, autonomous vehicles, smart cities, and virtual reality applications.
5G can improve efficiency in industries like healthcare, manufacturing, and trans...
- Q3. How important is data privacy in today world
- Ans.
Data privacy is crucial in today's world to protect personal information from misuse and unauthorized access.
Data privacy helps prevent identity theft and fraud
It ensures confidentiality of sensitive information such as financial records and medical history
Regulations like GDPR and CCPA require organizations to protect consumer data
Data breaches can have severe consequences for individuals and businesses
Maintaining dat...
- Q4. Blockchain - just hype or the future
- Q5. Blockchain- just hype or the future
(2 Questions)
- Q1. Tell me about yourself Why do you want this job
- Ans.
Experienced finance professional with a strong track record in budgeting, forecasting, and financial analysis. Passionate about driving business growth through strategic financial management.
I have over 8 years of experience in finance, including roles in budgeting, forecasting, and financial analysis.
I am skilled in financial modeling and have a proven track record of improving financial performance.
I am passionate ab...
- Q2. I am deepanshu Gupta and I have Fraser I have skills in football and I enjoy working on
Aptitudes test assess a person logical reasoning problem solving and analysis skills they are commonly used in job recruitment collages and admissions
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Enhance skill
Network
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I applied via Referral and was interviewed in Dec 2024. There was 1 interview round.
(2 Questions)
- Q1. What is depreciation?
- Q2. Full form of COGS ?
Interview Preparation Tips
Rahul Beri
(2 Questions)
- Q1. Account payable?
- Q2. Difference between Profit & Revenue
(1 Question)
- Q1. What is the capital market?
(2 Questions)
- Q1. What is contingent liabilities
- Ans.
Contingent liabilities are potential liabilities that may arise in the future depending on the outcome of certain events.
Contingent liabilities are not recorded on the balance sheet but disclosed in the footnotes.
They are dependent on a future event occurring or not occurring.
Examples include lawsuits, warranties, and guarantees.
If the contingent liability is probable and the amount can be estimated, it should be recor
- Q2. What is provision
- Ans.
Provision is an amount set aside in financial statements to cover anticipated future expenses or losses.
Provision is a liability that is recognized on the balance sheet.
It is used to account for potential future expenses or losses that are uncertain but likely to occur.
Examples of provisions include bad debt provisions, warranty provisions, and restructuring provisions.
Interview Preparation Tips
Skills evaluated in this interview
Financial Analyst Interview Questions & Answers
Societe Generale Global Solution Centre
Anonymous
posted on 31 Jan 2025
(2 Questions)
- Q1. What is corporate action
- Q2. Trade life cycle
s n harish
(2 Questions)
- Q1. Tell me about yourself
- Ans.
Experienced finance executive with a strong background in financial analysis and strategic planning.
Over 10 years of experience in finance roles
Expertise in financial modeling and forecasting
Proven track record of driving profitability and growth
Strong leadership and communication skills
Previously worked as a Finance Manager at XYZ Company
- Q2. What is accounting
- Ans.
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.
Accounting involves recording financial transactions such as sales, purchases, and expenses.
It includes summarizing the financial data into financial statements like balance sheets and income statements.
Accounting also involves analyzing the financial information to provide insights for decision-making.
Rep...
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Accenture Finance Specialist Interview Process
based on 3 interviews
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