Agarwal & Saxena Account Assistant Interview Questions and Answers

I chose a CA firm for my first internship because of their reputation for providing comprehensive training and exposure to various accounting practices.

• The CA firm had a strong reputation in the industry for providing quality training and exposure to different accounting practices.

• I wanted to gain practical experience in a professional setting to complement my theoretical knowledge from university.

• I believed that worki...read more

Accounting terms in a balance sheet refer to the classification and presentation of financial information.

• Accounting terms in a balance sheet include assets, liabilities, and equity.

• Assets are resources owned by the company, such as cash, inventory, and property.

• Liabilities are obligations or debts owed by the company, such as loans and accounts payable.

• Equity represents the ownership interest in the company, including...read more

As an Account Assistant in the firm, I can expect to handle financial transactions, prepare financial reports, assist with budgeting, and reconcile accounts.

• Handling financial transactions such as accounts payable and receivable

• Preparing financial reports and statements

• Assisting with budgeting and forecasting

• Reconciling accounts and ensuring accuracy

• Communicating with clients and vendors regarding financial matters

I chose accounts as my major because of my strong interest in numbers and financial analysis.

• I have always been good with numbers and enjoy working with financial data

• I find analyzing financial statements and budgets fascinating

• I believe a career in accounting offers stability and growth opportunities

• I have taken relevant courses in accounting and finance during my education

• I have completed internships in accounting fi