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AKM Global Interview Questions, Process, and Tips
Top AKM Global Interview Questions and Answers
- Q1. What are accrued expenses and journal entries with examples ?asked in Financial Accountant interview
- Q2. What is accrued and prepaid expenses? What will be the journal entries for the same?asked in Accounts & Finance Executive interview
- Q3. What is m adjustmentsasked in Senior Associate interview
AKM Global Interview Experiences
10 interviews found
Anonymous
Selected
I applied via LinkedIn and was interviewed in Aug 2024. There were 3 interview rounds.
(1 Question)
- Q1. Previous background
(1 Question)
- Q1. Investment management FS line items
(1 Question)
- Q1. Yes, Culture fit
Audit Senior Interview Questions asked at other Companies
Sun Pharmaceutical Industries
Join us and thrive in a company culture that inspires and empowers.
(2 Questions)
- Q1. Tax related questions
- Q2. Basic accounting
(2 Questions)
- Q1. Normal HR Question
- Q2. Excel questions
Associate Interview Questions asked at other Companies
Selected
I applied via Referral and was interviewed in May 2024. There were 2 interview rounds.
(2 Questions)
- Q1. What is accrued and prepaid expenses? What will be the journal entries for the same?
- Ans.
Accrued expenses are expenses that have been incurred but not yet paid, while prepaid expenses are payments made in advance for goods or services.
Accrued expenses are recorded when the expense is incurred, regardless of when it is paid.
Prepaid expenses are recorded when the payment is made, and the expense is recognized over time as the benefit is received.
Journal entry for accrued expenses: Debit Expense account, Cred...
- Q2. What is Non-Po and po invoices?
- Ans.
Non-PO invoices are invoices that do not have a purchase order associated with them, while PO invoices are invoices that have a purchase order.
Non-PO invoices are received without a purchase order, often for services or urgent purchases.
PO invoices are matched with a purchase order to ensure accuracy and approval before payment.
Non-PO invoices may require additional approval processes compared to PO invoices.
Examples: ...
(1 Question)
- Q1. What was the reason to leave your previous job?
Interview Preparation Tips
Accounts & Finance Executive Interview Questions asked at other Companies
Selected
I applied via Referral and was interviewed in Apr 2024. There was 1 interview round.
(1 Question)
- Q1. Depreciation method, form 4562, M adjustment, M1 M2 M3, K1 K2 K3, about rental form, few general entries, Sch L, Software Proficiency
Senior Associate Interview Questions asked at other Companies
AKM Global interview questions for popular designations
Selected
I applied via Referral and was interviewed in Sep 2023. There were 3 interview rounds.
There will be one technical round
(4 Questions)
- Q1. They will asked you about your role and responsibilities and then about form 1065
- Q2. What is m adjustments
- Ans.
M adjustments refer to modifications made to financial statements to ensure accuracy and compliance with accounting standards.
M adjustments are typically made at the end of a reporting period to correct errors or account for missing information.
These adjustments can include reclassifying expenses, updating depreciation schedules, or recognizing revenue that was previously deferred.
M adjustments are crucial for providin...
- Q3. Temporary and permanent
- Q4. About depreciation
Senior Associate Interview Questions asked at other Companies
I applied via Referral and was interviewed in Oct 2022. There were 2 interview rounds.
(2 Questions)
- Q1. Interview went well. Since. I have 7 months of Workex in US Individual Taxation, most of the questions from past experience. Questions were asked: 1) About Yourself 2) why did you left previous Organisatio...
- Q2. About foreign form that I have worked on such as 8858 and 8938
Interview Preparation Tips
Tax Associate Interview Questions asked at other Companies
Jobs at AKM Global
Selected
I applied via Recruitment Consulltant and was interviewed before Apr 2022. There were 4 interview rounds.
(2 Questions)
- Q1. TDS related latest updates
- Q2. GST related questions
(2 Questions)
- Q1. Question related to Form 15CA and CB
- Q2. Reason for job change
- Ans.
Seeking new challenges and growth opportunities
Looking for a position with more responsibility
Desire to expand skills and knowledge
Seeking a company with a better cultural fit
Wanting to work in a more dynamic and fast-paced environment
(2 Questions)
- Q1. Reason for job change
- Ans.
Seeking new challenges and growth opportunities
Looking for a position with more responsibility
Desire to expand skills and knowledge
Seeking a company with a better cultural fit
Wanting to work in a more dynamic and fast-paced environment
- Q2. My job experience and expectations
Interview Preparation Tips
Assistant Manager Interview Questions asked at other Companies
Selected
I applied via Recruitment Consulltant and was interviewed before Oct 2023. There was 1 interview round.
(1 Question)
- Q1. Questions around M Adjustment, Perm vs Temp, Process of Self Review, Business interest Expense
I applied via Recruitment Consulltant and was interviewed in Apr 2022. There were 2 interview rounds.
(2 Questions)
- Q1. Accrual, Deferred revenue and balance sheet related questions.
- Q2. Financial statements
Interview Preparation Tips
Senior Accounts Executive Interview Questions asked at other Companies
I applied via LinkedIn and was interviewed in Sep 2021. There was 1 interview round.
Interview Questionnaire
5 Questions
- Q1. What is difference between provisions and reserve.
- Ans.
Provisions are liabilities that are uncertain in timing or amount, while reserves are profits set aside for specific purposes.
Provisions are recognized when there is a present obligation and it is probable that an outflow of resources will be required to settle the obligation.
Provisions are measured at the best estimate of the amount required to settle the obligation.
Examples of provisions include warranty provisions, ...
- Q2. What are accrued expenses and journal entries with examples ?
- Ans.
Accrued expenses are expenses that have been incurred but not yet paid. Journal entries are used to record these expenses.
Accrued expenses are recorded as liabilities on the balance sheet.
They represent expenses that have been incurred but not yet paid.
Accrued expenses are typically recognized at the end of an accounting period.
Journal entries are used to record accrued expenses by debiting an expense account and credi...
- Q3. What is journal entry for bad debts
- Ans.
The journal entry for bad debts involves debiting the Bad Debts Expense account and crediting the Allowance for Doubtful Accounts or Accounts Receivable account.
Bad debts are uncollectible accounts receivable that a company does not expect to recover.
The Bad Debts Expense account is an expense account that represents the estimated amount of uncollectible accounts.
The Allowance for Doubtful Accounts or Accounts Receivab...
- Q4. 3 golden rules for accounting?
- Ans.
The 3 golden rules for accounting are the rules of debit and credit, the rule of assets and liabilities, and the rule of income and expenses.
Rule of debit and credit: Every transaction has equal debits and credits, ensuring that the accounting equation remains balanced.
Rule of assets and liabilities: Assets increase with debits and decrease with credits, while liabilities increase with credits and decrease with debits.
...
- Q5. What is prepaid expenses and journal entry?
- Ans.
Prepaid expenses are advance payments made for goods or services that will be received in the future.
Prepaid expenses are considered as assets on the balance sheet.
They represent expenses that have been paid for but have not yet been used or consumed.
Journal entry for prepaid expenses involves debiting the Prepaid Expense account and crediting the Cash or Accounts Payable account.
As the prepaid expense is used or consu...
Interview Preparation Tips
Financial Accountant Interview Questions asked at other Companies
Top trending discussions
AKM Global Interview FAQs
The duration of AKM Global interview process can vary, but typically it takes about less than 2 weeks to complete.
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AKM Global Interviews By Designations
- AKM Global Senior Associate Interview Questions
- AKM Global Financial Accountant Interview Questions
- AKM Global Accounts & Finance Executive Interview Questions
- AKM Global Assistant Manager Interview Questions
- AKM Global Audit Senior Interview Questions
- AKM Global Senior Accounts Executive Interview Questions
- AKM Global Tax Associate Interview Questions
- AKM Global Associate Interview Questions
Interview Questions for Popular Designations
AKM Global Interview Process
based on 7 interviews
Interview experience
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AKM Global Reviews and Ratings
based on 63 reviews
Rating in categories
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Assistant Manager
29
salaries
|  ₹0 L/yr - ₹0 L/yr |
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Associate
24
salaries
| ₹0 L/yr - ₹0 L/yr |
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Senior Associate
24
salaries
| ₹0 L/yr - ₹0 L/yr |
|
Accountant
12
salaries
| ₹0 L/yr - ₹0 L/yr |
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Tax Associate
11
salaries
| ₹0 L/yr - ₹0 L/yr |
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