Alliant Talent Financial Associate Interview Questions and Answers

Q1. Debt and equity
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Q2. Case study problem
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It was a test consisting of basic accounting principles

The topic given was covid impact on studies

Q1. Tell me about yourself , your educational background, and some basic accounting terms
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Q1. Tell INDAS 115 Revenue from contract
Ans. 
INDAS 115 is a new accounting standard that governs revenue recognition from contracts with customers.
• INDAS 115 replaces the previous accounting standard INDAS 18

• It requires companies to recognize revenue when goods or services are transferred to customers in an amount that reflects the consideration to which the company expects to be entitled

• The standard also requires companies to disclose information about the nature...read more
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Q2. Tell INDAS 116 Leases
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INDAS 116 Leases is a new accounting standard that changes the way leases are accounted for.
• Under INDAS 116, lessees are required to recognize all leases on their balance sheet as a right-of-use asset and a lease liability.

• This standard eliminates the distinction between operating and finance leases.

• Lessees must now recognize interest and depreciation expenses separately on their income statement.

• INDAS 116 also introdu...read more
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Q1. Walk us through your experience?
Ans. Make sure you give out pointers on your experience.
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Q2. Tell us about yourself?
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Q3. Keep it short and crisp, talk about your motives in the finance industry.
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How to handle clients sentiments.

Q1. Finance and accounting-related
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Q1. Personal skills, Team handling, Building relationship
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Q1. Basic introduction and know how
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Q2. Accounting questions
Ans. Director Round , team management related.
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