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AccSource KPO Associate Consultant Interview Questions and Answers

Updated 12 Jun 2024

AccSource KPO Associate Consultant Interview Experiences

1 interview found

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via LinkedIn and was interviewed in May 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

Taxation and accountancy question
medium level not easy

Round 2 - Technical 

(4 Questions)

  • Q1. Deferred tax 3 question
  • Q2. Bad debts and provisions casestudy based questions
  • Q3. Ind AS fixed assets depreciation
  • Q4. Finalization of BOA
  • Ans. 

    Finalization of BOA involves reviewing and confirming all terms and conditions before signing the agreement.

    • Review all terms and conditions outlined in the BOA document

    • Ensure all parties involved agree to the terms before finalizing

    • Sign the agreement once all terms are confirmed and agreed upon

  • Answered by AI

Interview questions from similar companies

Interview experience
2
Poor
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Job Fair

Round 1 - One-on-one 

(1 Question)

  • Q1. Question from ESG framework

Interview Preparation Tips

Interview preparation tips for other job seekers - Ask basic questions related to framework but don't want to give money as per expectations and if you would say like you have one offer then she will get angry.

No need to join this worst organisation.
No mental peace.
Interview experience
1
Bad
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Jul 2024. There were 3 interview rounds.

Round 1 - Aptitude Test 

This test is an offline assessment covering math, logical reasoning, and English grammar. However, it holds less importance as HR will primarily focus on your process-related work experience, communication skills, knowledge about the company, and understanding of the process, especially if you are a fresher.

Round 2 - HR 

(6 Questions)

  • Q1. Tell me about yourself.
  • Q2. Tell me in brief about your work experience.
  • Q3. When did you leave your previous organization and why?
  • Q4. Are you an immediate joiner or what is your notice period?
  • Q5. Do you know about cogneesol?
  • Q6. I will shortlisted you for the next round wait for it, or take a break.
Round 3 - One-on-one 

(3 Questions)

  • Q1. He/she will look at your resume and ask about your salary expectations.
  • Q2. Show me your last salary slip or appraisal letter.
  • Q3. We will provide your "XX" amount per month where "X" will be fixed and "Y" will be your NSA and incentives. If you are ready we will provide you an offer letter immediately.

Interview Preparation Tips

Interview preparation tips for other job seekers - Initially, the advertised vacancy was for both senior process associate and process associate positions, however on the day of the walk-in, they clarified that the position was only for a Process associate. The entire selection process took place in the cafeteria, with no designated rooms for HR or Managerial rounds, and interviews were conducted in front of all the candidates. The test seemed to focus more on procedural knowledge rather than its value. The HR round was merely to confirm whether you were genuinely seeking a job and to provide information about the company.

When the manager arrived at 4 clocks, they conducted interviews in the same place reviewed resumes, and emphasized that, as an ISO-certified company, they don't entertain candidates who are only interested in getting an offer letter. They asked for salary slips and explained that the salary structure includes a fixed component (basic salary plus HRA), with the rest considered as allowances. They offered a minimal hike of 1,000 to 2000 INR on your fixed salary. If you agreed, they would connect you with HR for documentation. However, 99% of experienced candidates declined the offer because no one wanted to reduce their value in terms of CTC.

I had a terrible interview experience with this unprofessional and disrespectful company. I strongly advise against attending an interview there as it will likely be a negative experience. Only consider it as a last resort if you are facing extreme rejection and poor conditions. Moreover, they don't offer more than a 3% hike in future appraisals.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
-
Result
-

I applied via Approached by Company and was interviewed in Oct 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. How would you identify a Finance Lease? (5 pointers)
  • Ans. 

    A finance lease is a type of lease where the lessee has substantially all the risks and rewards of ownership.

    • The lease term is for the major part of the economic life of the asset

    • The present value of the minimum lease payments is equal to or more than the fair value of the asset

    • The asset is expected to be used by the lessee for the major part of its economic life

    • The lease agreement includes an option to purchase the as...

  • Answered by AI
  • Q2. How would you recognise revenue of Bundled services?
  • Ans. 

    Recognizing revenue of bundled services involves allocating the total revenue to each service based on their standalone selling prices.

    • Identify the standalone selling prices of each service included in the bundle.

    • Allocate the total revenue based on the relative fair value of each service.

    • Recognize revenue for each service as it is delivered or as the customer consumes the service.

    • Ensure that the revenue recognition com...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared with IFRS 15 and 16.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Newspaper Ad and was interviewed in May 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

Maths accountancy excel test

Round 2 - Technical 

(5 Questions)

  • Q1. Basic accounting questions
  • Q2. Formula of cogs
  • Ans. 

    COGS stands for Cost of Goods Sold, and the formula to calculate it is Opening Inventory + Purchases - Closing Inventory.

    • COGS = Opening Inventory + Purchases - Closing Inventory

    • Opening Inventory: The value of inventory at the beginning of the accounting period

    • Purchases: The cost of inventory purchased during the accounting period

    • Closing Inventory: The value of inventory at the end of the accounting period

    • Example: Openi...

  • Answered by AI
  • Q3. Bank reconciliation
  • Q4. Trial balance related
  • Q5. Accounting entries
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed in Jul 2024. There was 1 interview round.

Round 1 - How you got to know about us 

(3 Questions)

  • Q1. How you got to know about us?
  • Ans. 

    Through a job search website

    • Browsing job search websites

    • Saw job posting on LinkedIn

    • Referred by a friend who saw the job posting

  • Answered by AI
  • Q2. Tell something interesting about you
  • Ans. 

    I have traveled to over 20 countries and can speak 4 languages fluently.

    • I love exploring new cultures and trying different cuisines

    • I have lived in Europe, Asia, and North America

    • I am fluent in English, Spanish, French, and Mandarin

    • Traveling has broadened my perspective and enriched my life experiences

  • Answered by AI
  • Q3. Apart from self intro say something interesting about you?

Interview Preparation Tips

Interview preparation tips for other job seekers - Stay positive because, they notice everything
and try to answer without fillers
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Job Portal and was interviewed in Jul 2024. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. Why you want to join
  • Ans. 

    I am passionate about the industry and believe I can contribute positively to the team.

    • Passionate about the industry and eager to learn and grow

    • Believe my skills and experience align well with the company's goals

    • Excited about the opportunity to work with a talented team and make a meaningful impact

  • Answered by AI
  • Q2. How you would be beneficial
  • Ans. 

    I would be beneficial by bringing a strong work ethic, excellent communication skills, and a proven track record of success.

    • Strong work ethic - consistently meeting deadlines and exceeding expectations

    • Excellent communication skills - ability to effectively communicate with team members and clients

    • Proven track record of success - previous achievements and positive feedback from supervisors

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - No stepz
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed before Sep 2023. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. Journal entries related to deferred revenue, accrual
  • Q2. Journal entries related to recording of expenses and incomes

Interview Preparation Tips

Interview preparation tips for other job seekers - Need good communication skills
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. What extra activity did you play besides your daily job responsibilities?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be Focused in your work and do your best.

I applied via Naukri.com and was interviewed in Nov 2021. There were 3 interview rounds.

Interview Questionnaire 

7 Questions

  • Q1. DTA recognition
  • Q2. SEBI LODR recognition
  • Q3. IND AS 115&116 (Recog principle)
  • Q4. Documentation Methodology
  • Q5. SCH III amendments
  • Q6. Face of B/s,P&L,SOCE&CFS (IND AS)
  • Ans. 

    The face of B/s, P&L, SOCE & CFS (IND AS) refers to the presentation of financial statements as per Indian Accounting Standards.

    • The face of B/s refers to the presentation of the balance sheet.

    • The face of P&L refers to the presentation of the profit and loss statement.

    • The face of SOCE refers to the presentation of the statement of changes in equity.

    • The face of CFS refers to the presentation of the cash flow statement.

    • Al...

  • Answered by AI
  • Q7. Diff between AS & IND AS (4 major)
  • Ans. 

    AS is Indian GAAP while IND AS is converged with IFRS. Major differences include recognition, measurement, and disclosure requirements.

    • AS is based on Indian GAAP while IND AS is converged with IFRS

    • IND AS has more stringent recognition, measurement, and disclosure requirements

    • AS allows for more flexibility in accounting policies while IND AS is more standardized

    • AS does not require fair value measurement for certain asse

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - If you are not able to recollect answer at that moment then, if possible do not bluff.

AccSource KPO Interview FAQs

How many rounds are there in AccSource KPO Associate Consultant interview?
AccSource KPO interview process usually has 2 rounds. The most common rounds in the AccSource KPO interview process are Aptitude Test and Technical.
What are the top questions asked in AccSource KPO Associate Consultant interview?

Some of the top questions asked at the AccSource KPO Associate Consultant interview -

  1. Finalization of ...read more
  2. bad debts and provisions casestudy based questi...read more
  3. ind AS fixed assets depreciat...read more

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