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Accenture Financial Operations Analyst Interview Questions, Process, and Tips
Accenture Financial Operations Analyst Interview Experiences
1 interview found
I applied via Naukri.com and was interviewed in Sep 2022. There were 3 interview rounds.
(7 Questions)
- Q1. I applied through naukri.com. After that I got call from HR and they asked about my experience, preferred location and expected CTC. After that I got mail regarding my first technical round of interview.
- Q2. What is derivative,types, journal entries.
- Ans.
A derivative is a financial contract whose value is derived from an underlying asset or group of assets.
Types of derivatives include futures, options, swaps, and forwards.
Journal entries for derivatives depend on the type of derivative and the accounting method used.
For example, a futures contract may require a debit to the futures margin account and a credit to the cash account.
A swap may require a debit to the intere...
- Q3. Ind as 115 case study and journal entries of deferred revenue
- Ans.
Ind AS 115 deals with revenue recognition and deferred revenue. Journal entries are made to record deferred revenue.
Ind AS 115 provides guidelines for recognizing revenue from contracts with customers.
Deferred revenue is recognized when a company receives payment for goods or services that have not yet been delivered.
Journal entries for deferred revenue involve debiting cash or accounts receivable and crediting deferre...
- Q4. Most questions from Ind as 103 because interviewer was from merger acquisition team, they asked about goodwill what is negative goodwill how to calculate, how to compute purchase consideration, what is tre...
- Q5. Ind as 116 and AS 17? What was in lease accounting before Ind as and after Ind as
- Ans.
Ind AS 116 and AS 17 are accounting standards related to lease accounting.
Ind AS 116 is the Indian Accounting Standard for lease accounting, which was introduced in 2019.
AS 17 is the Accounting Standard for lease accounting issued by the Institute of Chartered Accountants of India (ICAI).
Before Ind AS, lease accounting in India followed AS 17, which required lessees to classify leases as either finance leases or operat...
- Q6. What is impairment? Pass JE
- Ans.
Impairment is a reduction in the value of an asset due to a decrease in its usefulness or market value.
Impairment is a common accounting practice used to reflect the decrease in value of an asset.
It is usually caused by a decrease in the asset's usefulness or market value.
Impairment can be temporary or permanent, and it is important to assess the asset's recoverable amount before recognizing the impairment loss.
Example...
- Q7. Difference between provision and accrual, prepaid and deferred, occural and accured.
- Ans.
Provision is an estimated expense, accrual is a recognized expense. Prepaid is paid in advance, deferred is paid later. Occural is a typo, accrued is recognized expense.
Provision is an estimated expense that is recognized in the financial statements. Accrual is a recognized expense that has been incurred but not yet paid.
Prepaid refers to an expense that has been paid in advance, such as prepaid rent. Deferred refers t...
(3 Questions)
- Q1. This is again technical round with senior manager. He was very polite and asked general questions.
- Q2. 20 min he only asked from Ind as 116 Like how to recognise rou assets and lease liability, at what amount it should be , future impact of recognition. Case study and journal entries.
- Q3. Asked about the preferred location and tried to convince for gurugram location. He told me that he just want to check my behaviour and communication.
Interview Preparation Tips
And brush up basic of 11th and 12th class. Be confident. It's ok if you can't answer all the questions, you are not a robot.
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posted on 31 Jan 2025
(2 Questions)
- Q1. What is corporate action
- Q2. Trade life cycle
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DXC Technology
nagarjun.l Vasista
posted on 26 Nov 2024
Selected
I applied via Referral and was interviewed in May 2024. There was 1 interview round.
(2 Questions)
- Q1. About revenue recognition
- Q2. Forecasting, Budgeting
I applied via Approached by Company and was interviewed in Nov 2023. There was 1 interview round.
(1 Question)
- Q1. Casually discussing about the past and suggesting for attending a training programme before takingup the role.
Interview Preparation Tips
Selected
Aptitude skills is helpful for you to boost your confidence and develop your decision making skills
(1 Question)
- Q1. Why did you decide to apply this role
- Ans. I have to gain more knowledge of working skills in our company
Selected
I applied via Naukri.com and was interviewed in May 2023. There were 2 interview rounds.
(3 Questions)
- Q1. Tell me about yourself
- Q2. Explain about your process
- Q3. Define your projects
(2 Questions)
- Q1. Why do we hire you
- Q2. Self introduction and work experience
Interview Preparation Tips
Selected
I applied via Approached by Company and was interviewed in Feb 2023. There were 2 interview rounds.
(2 Questions)
- Q1. General question ask for me for interviews process
- Q2. Why should hire you??
Interview Preparation Tips
Selected
I applied via campus placement at Indian Institute of Technology (IIT), Kanpur and was interviewed before Apr 2022. There were 4 interview rounds.
Basic Aptitude test with Quants, Reasoning, and reading comprehension with 30 questions each
Very Basic Level, three questions like finding whether a number is prime or not and adding two numbers
(5 Questions)
- Q1. Introduce yourself
- Ans.
I am a financial analyst with expertise in financial planning, analysis, and reporting.
I have a Bachelor's degree in Finance and have been working in the finance industry for 5 years.
I have experience in budgeting, forecasting, and financial modeling.
I am skilled in using financial software and tools such as Excel, SAP, and Tableau.
I have a strong attention to detail and can analyze complex financial data to provide in...
- Q2. Why do you want to join this job with an engineering background
- Ans.
I believe my engineering background provides me with a unique perspective and skill set that can be valuable in the financial analyst role.
My engineering background has equipped me with strong analytical and problem-solving skills, which are essential in financial analysis.
I have a solid foundation in mathematics and statistics, which are crucial for analyzing financial data and making accurate projections.
Engineering ...
- Q3. You don't have any foundation in finance. How will you cope?
- Ans.
I will cope by leveraging my strong analytical skills and willingness to learn.
I have a strong background in quantitative analysis, which is applicable to finance.
I am a quick learner and have a track record of quickly grasping complex concepts.
I am willing to invest time and effort in self-study and taking relevant courses.
I will seek guidance and mentorship from experienced finance professionals.
I will leverage my pr...
- Q4. What did you learn from your engineering years
- Ans.
During my engineering years, I learned problem-solving skills, analytical thinking, and attention to detail.
Developed strong problem-solving skills through complex engineering projects
Enhanced analytical thinking by analyzing data and making informed decisions
Learned to pay attention to detail to ensure accuracy and precision in engineering designs
Gained experience in working collaboratively in teams to achieve project
- Q5. Do you know basic-level Excel
- Ans.
Yes, I have basic-level Excel knowledge.
I am proficient in basic Excel functions such as data entry, formatting, and basic formulas.
I can create and edit spreadsheets, charts, and graphs.
I have experience with functions such as SUM, AVERAGE, and IF statements.
I am familiar with Excel shortcuts and can work efficiently with the software.
Interview Preparation Tips
- Resume
Skills evaluated in this interview
I applied via Naukri.com and was interviewed before Mar 2022. There were 3 interview rounds.
(1 Question)
- Q1. I applied through naukri, hr called me regarding interview , and she said interview will be in next two days, but happens 1 month later,
(1 Question)
- Q1. Interview happened through online with manager.., just simple question about previous experience and process and work related question . after interview complete no feed back given ., even we called hr ,...
Interview Preparation Tips
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