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Accenture R2R Associate Interview Questions, Process, and Tips

Updated 31 Jul 2024

Top Accenture R2R Associate Interview Questions and Answers

  • Q1. journal entry for fixed asset sold with adjustment of gain or loss on sale of fixed asset
  • Q2. Golden Principles of Accounting both modern and traditional
  • Q3. journal entry for accrual basis of tranasaction
View all 7 questions

Accenture R2R Associate Interview Experiences

8 interviews found

R2R Associate Interview Questions & Answers

user image Anonymous

posted on 31 Jul 2024

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. Tell more about yourself
  • Ans. 

    I am a detail-oriented professional with experience in R2R processes and a strong focus on accuracy and efficiency.

    • I have a Bachelor's degree in Accounting and Finance

    • I have worked in R2R processes for 3+ years

    • I am proficient in using ERP systems such as SAP and Oracle

    • I have strong analytical and problem-solving skills

    • I am a team player and have excellent communication skills

  • Answered by AI
  • Q2. Why Accenture what are the services that it provides
  • Ans. 

    Accenture is a global professional services company offering a wide range of services including consulting, technology, and outsourcing.

    • Accenture provides consulting services to help clients improve their performance and create value.

    • They offer technology services to help clients implement innovative solutions and digital transformation.

    • Accenture also provides outsourcing services to help clients optimize their operati...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Read about the company and beware of the time slot you'll be posted for

R2R Associate Interview Questions & Answers

user image Aakash Moryani

posted on 4 May 2024

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

4 sections
Email writing excel accounting

Round 2 - One-on-one 

(5 Questions)

  • Q1. Not completed yet pending
  • Q2. Golden rules of accounts
  • Ans. 

    Golden rules of accounts are basic principles that guide the recording of financial transactions.

    • Debit what comes in, credit what goes out

    • Debit the receiver, credit the giver

    • Debit expenses and losses, credit income and gains

  • Answered by AI
  • Q3. Accounts payable
  • Q4. Accounts receivable
  • Q5. Bank reconciliation statement

R2R Associate Interview Questions Asked at Other Companies

asked in Accenture
Q1. journal entry for fixed asset sold with adjustment of gain or los ... read more
asked in Accenture
Q2. Golden Principles of Accounting both modern and traditional
asked in Accenture
Q3. journal entry for accrual basis of tranasaction
asked in Capgemini
Q4. What are the Golden rules of accounting?
asked in Accenture
Q5. Reasons for charging depreciation
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
No response

I applied via Company Website and was interviewed in Oct 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Technical 

(7 Questions)

  • Q1. Reasons for charging depreciation
  • Ans. 

    Depreciation is charged to allocate the cost of an asset over its useful life, matching expenses with revenues.

    • Depreciation reflects the wear and tear on assets over time

    • It helps in spreading the cost of an asset over its useful life

    • Allows for matching expenses with revenues generated by the asset

    • Helps in determining the true profitability of a business

    • Required by accounting standards to accurately reflect the value of

  • Answered by AI
  • Q2. Concept of Conservatism
  • Ans. 

    Conservatism is a political and social philosophy that prioritizes tradition, stability, and gradual change over radical reform.

    • Conservatism emphasizes the importance of preserving established institutions and values.

    • It is skeptical of rapid societal change and advocates for incremental adjustments.

    • Conservatives often prioritize individual responsibility, limited government intervention, and traditional family structur...

  • Answered by AI
  • Q3. Golden Principles of Accounting both modern and traditional
  • Ans. 

    Golden principles of accounting refer to the basic rules and guidelines that govern the field of accounting.

    • The principle of consistency: Accounting methods and procedures should be consistent from one period to another.

    • The principle of materiality: Only significant information that would influence the decision-making of users should be included in financial statements.

    • The principle of conservatism: When in doubt, acco...

  • Answered by AI
  • Q4. Journal entry for fixed asset sold with adjustment of gain or loss on sale of fixed asset
  • Ans. 

    Journal entry for fixed asset sold with adjustment of gain or loss on sale

    • Debit the accumulated depreciation account to remove the asset's accumulated depreciation

    • Debit the cash or accounts receivable account for the amount received from the sale

    • Credit the fixed asset account for the original cost of the asset

    • Credit the gain or loss on sale of fixed asset account for the difference between the sale price and the book v

  • Answered by AI
  • Q5. Accrual basis of accounting
  • Ans. 

    Accrual basis of accounting recognizes revenue when earned and expenses when incurred, regardless of when cash is exchanged.

    • Revenue is recorded when it is earned, not necessarily when cash is received

    • Expenses are recorded when they are incurred, not necessarily when they are paid

    • Matches revenues with expenses in the period they occur, providing a more accurate financial picture

    • Required by GAAP for most businesses

  • Answered by AI
  • Q6. Journal entry for accrual basis of tranasaction
  • Ans. 

    Journal entry for accrual basis of transaction

    • Accrual basis recognizes revenues and expenses when they are earned or incurred, regardless of when cash is exchanged

    • To record an expense on accrual basis, debit the expense account and credit the accounts payable or accrued expenses account

    • To record revenue on accrual basis, debit accounts receivable and credit the revenue account

    • Accrual basis ensures that financial statem...

  • Answered by AI
  • Q7. Hobbbies was asked few questions based on our resume
Round 3 - Aptitude Test 

It was easy communication skills, basic accounting questions, excel questions

Interview Preparation Tips

Topics to prepare for Accenture R2R Associate interview:
  • accrual journal entries
  • concepts and conventions
  • basic of accounts

R2R Associate Interview Questions & Answers

user image Anonymous

posted on 27 Dec 2023

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. All kind of technical questions. Eg., journal entries, Reconciliation, etc..
Round 3 - Technical 

(1 Question)

  • Q1. Online assessment (basic accounting)
Round 4 - Aptitude Test 

Online test (be fast and answer appropriately)

Round 5 - HR 

(1 Question)

  • Q1. Normal HR discussion

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident while approaching and be prepared on your specific skills.

Accenture interview questions for designations

 R2R Process Associate

 (14)

 R2R Analyst

 (5)

 R2R Lead

 (2)

 R2R Manager

 (1)

 R2R Team Lead

 (2)

 Associate

 (113)

 Associate/Senior Associate -(Nontechnical)

 (6)

 Associate/Senior Associate -(Technical)

 (4)

R2R Associate Interview Questions & Answers

user image Anonymous

posted on 16 May 2024

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
-
Result
Selected Selected
Round 1 - HR 

(1 Question)

  • Q1. Self Introduction
Round 2 - One-on-one 

(1 Question)

  • Q1. One on one round
Round 3 - Aptitude Test 

Assessment on domain

Get interview-ready with Top Accenture Interview Questions

Interview experience
4
Good
Difficulty level
Easy
Process Duration
More than 8 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Nov 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

Online assessment in which are 4 section

Round 2 - Technical 

(1 Question)

  • Q1. Related to reconciliation, sale purchase journal entry, Accrual affect in final account Ageing and open source in recon.

Interview Preparation Tips

Interview preparation tips for other job seekers - It's very easy
It's all about basic concepts

R2R Associate Interview Questions & Answers

user image Anonymous

posted on 18 Mar 2024

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed before Mar 2023. There were 4 interview rounds.

Round 1 - Aptitude Test 

Aptitude test are easy to crack

Round 2 - HR 

(1 Question)

  • Q1. Asking all the relevent information from my previous job and salary
Round 3 - One-on-one 

(1 Question)

  • Q1. Journal entry questions and means of few terms. Asked my previous company process which i used to do
Round 4 - Aptitude Test 

I had to give another aptitude test

Interview Preparation Tips

Interview preparation tips for other job seekers - Stand by what ctc you are expexting dont take it too low my hr was not good and even at time of offer i did not get relocation saying i am from maharashtra only when earlier she said i would get relocation expenses. She even said if i dont agree to work with this company than i will be black listed and cant apply again. Being night shift on continuous basis ctc is not satisfactory

R2R Associate Interview Questions & Answers

user image Anonymous

posted on 22 Aug 2022

I applied via Company Website and was interviewed before Aug 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. Basics of accountant

Interview Preparation Tips

Interview preparation tips for other job seekers - English is mandatory in big multi national company

Interview questions from similar companies

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Naukri.com and was interviewed in Jan 2024. There was 1 interview round.

Round 1 - One-on-one 

(5 Questions)

  • Q1. What is Bank Reconciliation Statement?
  • Ans. 

    Bank Reconciliation Statement is a document that compares the bank's records with the company's records of its bank account.

    • It helps in identifying any discrepancies between the two sets of records.

    • It includes items such as deposits in transit, outstanding checks, bank errors, and service charges.

    • The goal is to ensure that the ending balance on the bank statement matches the ending balance in the company's accounting r

  • Answered by AI
  • Q2. 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 actual liabilities yet, but they have the potential to become actual liabilities based on future events.

    • Examples include pending lawsuits, warranties, and guarantees.

    • Companies disclose contingent liabilities in their financial statements to inform stakeholders about pot...

  • Answered by AI
  • Q3. What are the Golden rules of accounting?
  • Ans. 

    The Golden rules of accounting are basic principles that guide the process of recording financial transactions.

    • The Golden rules include: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.

    • These rules help ensure that financial transactions are accurately recorded and classified in the accounting system.

    • For example, when a company receives ...

  • Answered by AI
  • Q4. What is sundry debtor?
  • Ans. 

    Sundry debtor refers to a person or entity who owes money to a company for goods or services provided on credit.

    • Sundry debtor is a type of accounts receivable on a company's balance sheet.

    • It represents amounts owed by customers or clients for goods or services provided on credit.

    • Sundry debtors are typically short-term in nature and are expected to be collected within a year.

    • Examples include outstanding invoices from cu

  • Answered by AI
  • Q5. What is account receivable.
  • Ans. 

    Accounts receivable is the money owed to a company by its customers for goods or services provided on credit.

    • Accounts receivable represents the amount of money owed to a company by its customers for goods or services provided on credit.

    • It is considered an asset on the company's balance sheet.

    • Companies often have specific departments or roles dedicated to managing accounts receivable and ensuring timely payment.

    • Examples...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - This was my first virtual Interview, I was so nervous that I forgot answers even though I knew all of them. If it's your first interview, gain some knowledge about the post prepare some questions and practice infront of mirror or make a video.◉⁠‿⁠◉
Interview experience
2
Poor
Difficulty level
Moderate
Process Duration
6-8 weeks
Result
-

I applied via Campus Placement and was interviewed in Mar 2024. There was 1 interview round.

Round 1 - Technical 

(3 Questions)

  • Q1. Prpeaid expenses accounting
  • Q2. Purchase of asset from foreign accounting
  • Ans. 

    When purchasing assets from foreign accounting, it is important to consider currency exchange rates and any potential tax implications.

    • Consider the impact of currency exchange rates on the cost of the asset

    • Be aware of any tax implications or duties that may apply to the purchase

    • Ensure compliance with any international accounting standards or regulations

    • Consult with a financial advisor or accountant familiar with intern...

  • Answered by AI
  • Q3. Purchase of asset process

Interview Preparation Tips

Interview preparation tips for other job seekers - Don't forget to review basics

Accenture Interview FAQs

How many rounds are there in Accenture R2R Associate interview?
Accenture interview process usually has 2-3 rounds. The most common rounds in the Accenture interview process are Aptitude Test, HR and Technical.
What are the top questions asked in Accenture R2R Associate interview?

Some of the top questions asked at the Accenture R2R Associate interview -

  1. journal entry for fixed asset sold with adjustment of gain or loss on sale of f...read more
  2. Golden Principles of Accounting both modern and traditio...read more
  3. journal entry for accrual basis of tranasact...read more

Tell us how to improve this page.

Accenture R2R Associate Interview Process

based on 7 interviews

2 Interview rounds

  • Aptitude Test Round
  • One-on-one Round
View more

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Accenture R2R Associate Salary
based on 113 salaries
₹1.5 L/yr - ₹6.1 L/yr
At par with the average R2R Associate Salary in India
View more details

Accenture R2R Associate Reviews and Ratings

based on 11 reviews

3.3/5

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3.5

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3.1

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3.0

Salary

3.2

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3.0

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2.5

Promotions

3.1

Work satisfaction

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