Aneja Associates Team Member Interview Questions and Answers

Q1. Audit & Standards related question
Add your answer

Q1. IND AS transition
Add your answer
Q2. Leases , disclosure requirement
Add your answer
Q3. Financial reporting disclosures
Add your answer

Q1. Explain about ASC 842
Add your answer
Q2. Explain ASC 606 five steps
Add your answer

Accounting Standard

Q1. What is your strength? Why should we hire you?
Add your answer

Q1. Basic things about location and salary
Add your answer

Q1. What is wtd avg cost of capital
Ans. 
Wtd avg cost of capital is the average cost of all the capital sources a company uses, weighted by their proportion in the company's capital structure.
• WACC is used to determine the minimum rate of return a company must earn on its investments to satisfy its investors.

• It takes into account the cost of debt, cost of equity, and the proportion of each in the company's capital structure.

• For example, if a company has 60% of...read more
Answered by AI
View 1 more answer
Q2. What is leveraged buyout
Ans. 
Leveraged buyout is a financial transaction where a company is acquired using a significant amount of borrowed money.
• LBO involves using debt to finance the acquisition of a company

• The acquired company's assets are often used as collateral for the borrowed funds

• The goal is to use the acquired company's cash flow to pay off the debt over time

• LBOs are often used by private equity firms to acquire companies

• Famous examples ...read more
Answered by AI
Add your answer
Q3. What is liquidity ratio
Ans. 
Liquidity ratio is a financial metric that measures a company's ability to pay off its short-term debts.
• It is calculated by dividing a company's current assets by its current liabilities.

• A higher liquidity ratio indicates that a company is more capable of paying off its debts.

• Common liquidity ratios include the current ratio and the quick ratio.

• Liquidity ratios are important for investors and creditors to assess a comp
Answered by AI
Add your answer
Q4. What is debt service coverage ratio
Ans. 
Debt service coverage ratio is a financial metric used to measure a company's ability to pay its debts.
• It is calculated by dividing a company's net operating income by its total debt service.

• A ratio of 1 or higher indicates that a company is generating enough income to cover its debt payments.

• Lenders often use this ratio to assess a borrower's creditworthiness before approving a loan.

• For example, if a company has a net...read more
Answered by AI
Add your answer

Q1. What is internal rate of return
Ans. 
Internal rate of return is the rate at which an investment's net present value is zero.
• It is a metric used to evaluate the profitability of an investment.

• It takes into account the time value of money and considers all cash flows associated with an investment.

• The higher the IRR, the more profitable the investment.

• IRR is used to compare different investment opportunities with varying cash flows and time horizons.

• For exam...read more
Answered by AI
Add your answer
Q2. Salary negotioation happened afterwards
Add your answer