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Accenture Financial Process Associate Interview Questions and Answers
Accenture Financial Process Associate Interview Experiences
3 interviews found
Anonymous
I applied via Naukri.com and was interviewed before Oct 2020. There were 5 interview rounds.
Interview Questionnaire
3 Questions
- Q1. What are accruals
- Ans.
Accruals are expenses or revenues that have been recognized but not yet paid or received.
Accruals are a way of accounting for expenses or revenues that have been incurred but not yet paid or received.
They are recorded as a liability or an asset on the balance sheet.
Examples of accruals include salaries owed to employees, interest on loans, and revenue earned but not yet billed.
Accruals are important for accurate financ
- Q2. What is a contingent liability
- Ans.
A potential liability that may or may not occur depending on the outcome of a future event.
Contingent liabilities are recorded in financial statements as a footnote.
Examples include pending lawsuits, warranties, and guarantees.
They are not recorded as an actual liability until the event occurs.
Contingent liabilities can have a significant impact on a company's financial health.
Disclosure of contingent liabilities is im...
- Q3. What is the treatment for bad debts received.
- Ans.
Bad debts received are written off as an expense in the income statement.
Bad debts are uncollectible debts that are written off as an expense in the income statement.
The amount of bad debts is subtracted from the accounts receivable balance.
The entry to write off bad debts is a debit to bad debt expense and a credit to accounts receivable.
The write-off of bad debts reduces the company's net income and assets.
Example: I...
Interview Preparation Tips
(1 Question)
- Q1. Be confidence on what u worked.
Online Assessment test.
(1 Question)
- Q1. One to one they will ask you, where u from. Whats your current situation and salary discussion
Interview Preparation Tips
I applied via Naukri.com and was interviewed in Jan 2021. There were 4 interview rounds.
Interview Questionnaire
3 Questions
- Q1. Basic journal entries
- Q2. Learn Accounting terms such as accrued expenses, deferred expenses, accounts payable, prepaid expenses
- Q3. Basics of M.S excel such as how to use Vlookup
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I applied via Walk-in and was interviewed in Oct 2024. There were 2 interview rounds.
(3 Questions)
- Q1. 2 way 3 way matching
- Ans.
2 way 3 way matching is a process used in accounting to ensure accuracy in financial transactions.
2 way matching involves matching the invoice with the purchase order
3 way matching involves matching the invoice with the purchase order and the receiving report
Helps in detecting errors or discrepancies in the billing process
- Q2. Accounts payable and accounts receivable
- Q3. Some general questions
(7 Questions)
- Q1. T code to review po
- Ans.
ME23N
ME23N is the T code used to review purchase orders in SAP
It allows users to view details of a specific purchase order, such as vendor information, item details, and delivery status
- Q2. If you find mismatch in quantity who to you contact
- Ans.
Contact the inventory manager or supervisor for resolution.
Contact inventory manager or supervisor immediately
Verify the discrepancy with relevant documentation
Discuss potential causes of the mismatch and work towards resolution
- Q3. Vendor ledger entry
- Q4. Where you see grn
- Ans.
GRN stands for Goods Receipt Note, which is a document used in the procurement process to confirm the receipt of goods.
GRN is used in the procurement process to verify that the goods ordered have been received in good condition.
It includes details such as the quantity, quality, and condition of the goods received.
GRN is an important document for inventory management and accounting purposes.
It is typically generated by ...
- Q5. First self introduction
- Q6. How you learn from where you learn
- Q7. You have theoretical knowledge no practical how can u do
- Ans.
I would seek hands-on experience through internships, workshops, or online tutorials to bridge the gap between theory and practice.
Seek internships or part-time jobs in the field to gain practical experience
Participate in workshops or training sessions to apply theoretical knowledge in real-life scenarios
Utilize online tutorials or courses to practice and implement theoretical concepts
Collaborate with professionals in ...
Interview Preparation Tips
Selected
I applied via Referral and was interviewed before Jan 2024. There were 3 interview rounds.
(1 Question)
- Q1. Technical round with Manager
(1 Question)
- Q1. Normal plus techinal round with manager
(1 Question)
- Q1. Hr Round for salary discussion
Interview Preparation Tips
Selected
I applied via Company Website and was interviewed in Jul 2024. There were 4 interview rounds.
1. What process of data analysis?
2. What are the variable types of data analysis?
1.What have you studied?
2.what you know about coding?
3.Do you know How to program?
4.what is data analysis?
Coding basic knowledges, programming,skills & etc.
(7 Questions)
- Q1. What's your Name?
- Ans.
My name is John Smith.
My first name is John
My last name is Smith
- Q2. Why did you choose the job?
- Ans.
I chose the job because of my passion for analyzing financial data and my desire to contribute to the success of the company.
Passion for analyzing financial data
Desire to contribute to company's success
Opportunity for growth and development
- Q3. What's your achievements?
- Ans.
I have successfully implemented data-driven strategies that resulted in cost savings and revenue growth for my previous company.
Developed predictive models to optimize financial processes
Identified and resolved discrepancies in financial data
Implemented data visualization tools to improve decision-making
Collaborated with cross-functional teams to drive business outcomes
- Q4. What kind of job?
- Q5. Are you know programming?
- Ans.
Yes, I am proficient in programming languages such as Python, SQL, and R for data analysis and manipulation.
Proficient in programming languages like Python, SQL, and R
Experience in data analysis and manipulation
Ability to write scripts and automate tasks
- Q6. Do you want to work in this company?
- Ans.
Yes, I am interested in working for this company because of its reputation in the industry and the opportunities for growth and development.
I am impressed by the company's track record of success and innovation.
I believe that working for this company will provide me with valuable experience and opportunities for career advancement.
I am excited about the prospect of contributing to the company's continued growth and suc
- Q7. From what point of veiw do you see this company?
- Ans.
I see this company as a data-driven organization focused on leveraging financial information to make strategic decisions.
I see the company as having a strong emphasis on data analysis and interpretation.
I believe the company values accuracy, efficiency, and innovation in handling financial data.
I perceive the company as being proactive in utilizing data to drive business growth and profitability.
Interview Preparation Tips
- Statistics
- Data Analysis
- SQL
- Excel
- Power Bi
- Python
Rahul Beri
(2 Questions)
- Q1. Account payable?
- Q2. Difference between Profit & Revenue
Deepika.Bhat
I applied via Company Website and was interviewed in Aug 2024. There were 5 interview rounds.
About work of that company
About work of that company
(2 Questions)
- Q1. Self introduction
- Q2. My strength and weakness
(2 Questions)
- Q1. About family background
- Q2. Long term short term goal
- Ans.
My long-term goal is to become a Certified Public Accountant and eventually work my way up to a senior financial management position within a reputable company.
Obtain CPA certification within the next 3-5 years
Gain experience in financial analysis and reporting
Attend leadership development programs to enhance management skills
Work towards a promotion to a senior financial management role
(2 Questions)
- Q1. Introduction about my self
- Q2. Intrest about my self
Interview Preparation Tips
- CPS
Selected
I applied via Naukri.com and was interviewed before Jun 2022. There were 2 interview rounds.
(1 Question)
- Q1. Basic accounting related questions , journal entry .
Interview Preparation Tips
Selected
I applied via Walk-in and was interviewed in Mar 2024. There were 2 interview rounds.
(2 Questions)
- Q1. Self introduction, family background
- Q2. Why should hire you, salary expectation
(4 Questions)
- Q1. Self intlo, Tell about Hyderabad
- Ans.
Hyderabad is a vibrant city in southern India known for its rich history, culture, and delicious cuisine.
Hyderabad is home to iconic landmarks such as the Charminar, Golconda Fort, and Hussain Sagar Lake
The city is famous for its biryani, a flavorful rice dish cooked with meat and aromatic spices
Hyderabad is a major hub for technology companies, with a booming IT industry in areas like HITEC City
- Q2. What is hobbies, weeknes
- Q3. Short goals , long term goals
- Q4. What is weeks , What is your roll model
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