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Account Solutions Account Assistant Interview Questions and Answers
Account Solutions Account Assistant Interview Experiences
1 interview found
(1 Question)
- Q1. WHAT IS YOUR EXPERIENCE, HOW LONG DO YOU WANT TO WORK HERE
- Ans. 2.5 YEARS, FOR A LONG TIME
(1 Question)
- Q1. WHAT IS YOUR EXPECTATIONS ABOUT SALARY
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Selected
I was interviewed in Dec 2023.
(5 Questions)
- Q1. What is depreciation, accrual, prepayment?
- Ans.
Depreciation is the allocation of the cost of an asset over its useful life, accrual is recognizing revenue and expenses when they are incurred, and prepayment is paying for expenses before they are incurred.
Depreciation is a non-cash expense that reduces the value of an asset on the balance sheet over time.
Accrual accounting matches revenue and expenses to the period they are incurred, not when cash is exchanged.
Prepa...
- Q2. Diffence between test of details and controls?
- Ans.
Test of details focuses on specific transactions or account balances, while controls test the effectiveness of internal controls.
Test of details involves examining individual transactions or account balances to ensure accuracy and completeness.
Controls testing evaluates the effectiveness of internal controls in preventing or detecting errors or fraud.
Test of details may involve confirming account balances with third pa...
- Q3. Audit procedures for purchase cycle, payroll?
- Ans.
Audit procedures for purchase cycle and payroll involve verifying transactions, reconciling accounts, and testing internal controls.
Verify purchase orders, invoices, and payments match
Reconcile accounts payable ledger to vendor statements
Test segregation of duties in payroll processing
Review payroll register for accuracy and completeness
Confirm payroll taxes are properly withheld and remitted
- Q4. Revenue recognition as per IFRS?
- Ans.
Revenue recognition under IFRS involves recognizing revenue when it is earned and realizable, regardless of when cash is received.
Revenue is recognized when it is probable that economic benefits will flow to the entity and the revenue can be reliably measured.
Revenue is measured at the fair value of the consideration received or receivable.
Revenue recognition criteria include transfer of risks and rewards, no continuin...
- Q5. What is deferred tax and why deferred tax?
- Ans.
Deferred tax is a balance sheet item that represents the tax consequences of temporary differences between accounting income and taxable income.
Deferred tax arises due to timing differences in recognizing income and expenses for tax and accounting purposes.
It is recorded on the balance sheet as a liability or asset depending on whether the tax payable is more or less than the tax expense recognized in the income statem...
(7 Questions)
- Q1. Why you want to join BDO?
- Q2. What is the reason for applying for this position?
- Q3. Where do you see yourself in 5 years?
- Q4. Tell me your previous experience on how did you manage excess work pressure?
- Q5. How will you deal with demanding clients?
- Q6. How will you deal with client whet it's not our fault?
- Ans.
I would empathize with the client, explain the situation calmly, offer solutions or alternatives, and ensure their satisfaction.
Listen to the client's concerns and acknowledge their feelings
Explain the situation calmly and objectively
Offer solutions or alternatives to address the issue
Ensure the client's satisfaction and maintain a positive relationship
- Q7. Would you be able to face clients and how would you negotiate for realistic deadlines if client is proposing unrealistic deadlines?
Interview Preparation Tips
Interviews for BSO are comparatively easy than interviews for core audit and assurance.
Account Assistant Interview Questions & Answers
SKS Business Services
Anonymous
posted on 3 Apr 2024
(1 Question)
- Q1. What is Accounting
- Ans.
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions.
Involves recording financial transactions
Summarizing financial data into financial statements
Analyzing financial information to make business decisions
Reporting financial results to stakeholders
Examples: preparing balance sheets, income statements, cash flow statements
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Account Assistant Interview Questions & Answers
EY Global Delivery Services ( EY GDS)
Anonymous
posted on 3 Apr 2023
Selected
I applied via LinkedIn and was interviewed in Mar 2023. There were 2 interview rounds.
(1 Question)
- Q1. Basic accounting questions Difference between statutory and internal audit
(1 Question)
- Q1. Pressure test bbbbbbbb
Interview Preparation Tips
Selected
I applied via Walk-in and was interviewed in Oct 2024. There were 3 interview rounds.
Round 1 was a technical assignment which includes aptitude test, accounting test and excel test
(2 Questions)
- Q1. Basic details like tell me about yourself
- Q2. About your family and future goals.
(4 Questions)
- Q1. About financial statements
- Q2. Financial ratios
- Q3. Mutual fund vs hedge fund
- Ans.
Mutual funds are managed by professionals who invest pooled funds in a diversified portfolio of securities, while hedge funds are more actively managed and use a variety of strategies to achieve high returns.
Mutual funds are regulated by the SEC and have restrictions on trading practices, while hedge funds have more flexibility and are only available to accredited investors.
Mutual funds are typically more suitable for ...
- Q4. Type of bonds and shares. And corporate actions.
- Ans.
Bonds and shares are types of securities issued by companies to raise capital. Corporate actions refer to events that impact shareholders.
Types of bonds include government bonds, corporate bonds, and municipal bonds.
Types of shares include common shares and preferred shares.
Corporate actions include dividends, stock splits, mergers, acquisitions, and rights issues.
Interview Preparation Tips
- Capital Market
- Fund Management
Topic Discussion on Artificial intelligence
Preparation of ledger to balance sheet
(2 Questions)
- Q1. Journal entries
- Q2. Accounting Basics
(2 Questions)
- Q1. About company, previous Experience
- Q2. Journal entries
(2 Questions)
- Q1. Normal introduction
- Q2. Salary Discussion
Senior Accountant Interview Questions & Answers
Corient Business Solutions
Anonymous
posted on 22 Jun 2024
I applied via Naukri.com and was interviewed in May 2024. There were 2 interview rounds.
It's online test will get link in email.we need to complete it with specific time
Online assessment.need to complete it in 12 mins
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Executive Accountant Interview Questions & Answers
T R Chadha & Co Llp
Anonymous
posted on 23 Feb 2024
Selected
I applied via Naukri.com and was interviewed in Jan 2024. There were 2 interview rounds.
Accounting book maintain at gujarat minarat development corporation limited, (goverment company) Internal audit, statutory audit, tax audit,
Coating related discussion and cost cutting witch area are highly coasting so i reducing the cost this side and proper prepare presentation to my bos
Interview Preparation Tips
Selected
I applied via Walk-in and was interviewed in Jan 2024. There was 1 interview round.
(1 Question)
- Q1. Tell me about your self
(1 Question)
- Q1. Tell me about yourself, Basic Interview questions
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Rating in categories
|
Accountant
55
salaries
|  ₹1.2 L/yr - ₹4.3 L/yr |
|
Account Assistant
19
salaries
| ₹0.6 L/yr - ₹6 L/yr |
|
Executive Accountant
6
salaries
| ₹1 L/yr - ₹3.2 L/yr |
|
Computer Operator
5
salaries
| ₹1.5 L/yr - ₹3 L/yr |
|
Accountant&dataentryoperator
4
salaries
| ₹1.6 L/yr - ₹5 L/yr |
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