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Accenture R2R Process Associate Interview Questions, Process, and Tips
Top Accenture R2R Process Associate Interview Questions and Answers
- Q1. Golden rules of Accounting, Accrual & Matching Concept.
- Q2. Accounting entry for Inter company transactions
- Q3. Accounting principles application in preparation of financial statements
Accenture R2R Process Associate Interview Experiences
13 interviews found
Anonymous
Selected
I applied via Referral and was interviewed in Feb 2024. There were 3 interview rounds.
(4 Questions)
- Q1. R2R process questions
- Q2. What is amortization
- Ans.
Amortization is the process of spreading out the cost of an intangible asset over its useful life.
Amortization is commonly used for assets like patents, copyrights, and trademarks.
It helps match the expense of the asset with the revenue it generates.
The amortization expense is recorded on the income statement over time.
It is similar to depreciation for tangible assets like buildings and equipment.
- Q3. What is accrual
- Ans.
Accrual is the process of recognizing expenses and revenues before they are actually paid or received.
Accrual accounting matches expenses to the revenue they generate, rather than when the cash is actually exchanged.
Accruals are necessary to ensure that financial statements accurately reflect the financial position of a company.
Examples of accruals include accrued interest, accrued salaries, and accrued taxes.
Accruals ...
- Q4. What is depreciation
- Ans.
Depreciation is the allocation of the cost of a tangible asset over its useful life.
Depreciation is a non-cash expense that reduces the value of an asset over time.
It reflects the wear and tear, obsolescence, or decrease in value of an asset.
Common methods of calculating depreciation include straight-line, double declining balance, and units of production.
Examples of depreciable assets include buildings, machinery, veh
(1 Question)
- Q1. About career and salary
Case study journal enties etc
Interview Preparation Tips
I applied via Company Website and was interviewed in Mar 2024. There were 2 interview rounds.
Mcq based online assessment
In which there are 4 section
1. Numeric ability behavioral questions
2. Excel related
3. Situation based email writing
4 Accounting questions
(1 Question)
- Q1. Question related to... Reconciliation Sales journal entry Accrual and deferral Bank Reconciliation process Previous work related questions
(1 Question)
- Q1. Provision and basic journal entry
(1 Question)
- Q1. Ind as 116 related questions
What people are saying about Accenture
Radhika Wadhwa
Selected
I applied via Recruitment Consulltant and was interviewed in May 2024. There were 2 interview rounds.
Communication, accounting, oriented, reasoning
Vedio question all the answers give on vedio
Interview Preparation Tips
Accenture interview questions for designations
It was easy and manageable.
(2 Questions)
- Q1. Journal entries
- Q2. IND AS questions
Get interview-ready with Top Accenture Interview Questions
Selected
I applied via Recruitment Consulltant and was interviewed in Apr 2023. There were 2 interview rounds.
(3 Questions)
- Q1. Accounting entry for Inter company transactions
- Ans.
Inter company transactions are recorded using journal entries.
Inter company transactions involve two or more entities within the same organization.
The journal entry for inter company transactions includes a debit and credit entry.
The debit entry is made in the receiving company's account and the credit entry is made in the giving company's account.
For example, if Company A sells goods to Company B, the journal entry wo...
- Q2. Accounting principles application in preparation of financial statements
- Ans.
Accounting principles are applied in the preparation of financial statements to ensure accuracy and compliance with regulations.
The principles of accounting include the matching principle, revenue recognition principle, and the cost principle.
Financial statements must be prepared in accordance with Generally Accepted Accounting Principles (GAAP).
The balance sheet, income statement, and cash flow statement are the three...
- Q3. What is Accrual concept
- Ans.
Accrual concept refers to the recognition of revenue and expenses in the financial statements before the actual cash transaction takes place.
Accrual concept is based on the matching principle, which states that expenses should be recognized in the same period as the revenue they helped generate.
This means that revenue and expenses are recorded in the financial statements when they are earned or incurred, regardless of ...
Interview Preparation Tips
Selected
I applied via Recruitment Consulltant and was interviewed in Oct 2023. There was 1 interview round.
(1 Question)
- Q1. Some basic accounting questions
Interview Preparation Tips
subhashini ramesh
(2 Questions)
- Q1. Journal entries
- Q2. Accrual posting
Selected
I applied via Company Website and was interviewed in Jul 2023. There were 3 interview rounds.
(2 Questions)
- Q1. About you and your experience and general accounting questions
- Q2. Journal entries, actual basis
Easy exam, time consuming, prepare well.
Selected
I applied via Naukri.com and was interviewed before Mar 2023. There was 1 interview round.
(1 Question)
- Q1. About yourself, basics accounts, expectations
Interview Preparation Tips
Accenture Interview FAQs
The duration of Accenture R2R Process Associate interview process can vary, but typically it takes about less than 2 weeks to complete.
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Accenture R2R Process Associate Interview Process
based on 7 interviews in last 1 year
2 Interview rounds
- One-on-one Round
- Technical Round
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