Artech Infosystems Senior Executive - Finance Interview Questions and Answers

Easy if math strong basic

Q1. Case study based questions
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Q1. Tell me about yourself
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Q2. Why you want to work at BCG
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Q1. About your self
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Q1. About experience
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Accounting related questions

Q1. Questions related to RTR accounting, IFRS and US GAAP
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Q2. What is lease accounting
Ans. 
Lease accounting refers to the accounting treatment of lease agreements by lessees and lessors.
• Lease accounting involves recognizing lease assets and liabilities on the balance sheet.

• There are two main types of leases: operating leases and finance leases.

• Under operating leases, lease payments are expensed on the income statement.

• Finance leases are treated as a purchase of the leased asset, with depreciation and interes...read more
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Q3. Process of month end
Ans. 
Month end process involves closing financial books, reconciling accounts, preparing financial statements, and analyzing variances.
• Close financial books by recording all transactions for the month

• Reconcile accounts to ensure accuracy and completeness of financial data

• Prepare financial statements such as income statement, balance sheet, and cash flow statement

• Analyze variances between actual and budgeted figures to ident
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Q4. What are prepayments
Ans. 
Prepayments are payments made in advance for goods or services that will be received in the future.
• Prepayments are typically made to secure a future service or product.

• They are recorded as assets on the balance sheet until the service or product is received.

• Common examples include rent payments, insurance premiums, and magazine subscriptions.
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Q1. Package discussion
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Q1. Basically understanding where the candidate is coming from and what he/she is seeking for and are they eligible as per their criteria!
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Q1. This was the most Critical round direct with Hiring Manager sitting in Singapore related to the technicalities of the domain. Make sure to have indepth knowledge in whatsoever profile you are trying to get...read more
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Q1. Asked me about SAP some discussed about my current work profile.
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