Accenture
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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
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...
4 sections
Email writing excel accounting
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
I applied via Company Website and was interviewed in Oct 2023. There were 3 interview rounds.
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
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...
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...
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
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
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...
It was easy communication skills, basic accounting questions, excel questions
What people are saying about Accenture
Online test (be fast and answer appropriately)
Accenture interview questions for designations
Assessment on domain
Get interview-ready with Top Accenture Interview Questions
I applied via Company Website and was interviewed in Nov 2023. There were 2 interview rounds.
Online assessment in which are 4 section
I applied via Approached by Company and was interviewed before Mar 2023. There were 4 interview rounds.
Aptitude test are easy to crack
I had to give another aptitude test
I applied via Company Website and was interviewed before Aug 2021. There were 2 interview rounds.
I applied via Naukri.com and was interviewed in Jan 2024. There was 1 interview round.
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
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...
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 ...
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
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...
I applied via Campus Placement and was interviewed in Mar 2024. There was 1 interview round.
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...
based on 7 interviews
2 Interview rounds
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Application Development Analyst
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Application Development - Senior Analyst
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