Add office photos
Aurobindo Pharma logo
Employer?
Claim Account for FREE

Aurobindo Pharma

4.0
based on 4.8k Reviews
Video summary
Filter interviews by
Senior Accountant
Clear (1)

Aurobindo Pharma Senior Accountant Interview Questions and Answers

Updated 3 Apr 2024

Q1. What are the 3 types of liabilities

Ans.

The 3 types of liabilities are current liabilities, non-current liabilities, and contingent liabilities.

  • Current liabilities are obligations due within one year, such as accounts payable and short-term loans.

  • Non-current liabilities are obligations due beyond one year, such as long-term loans and bonds payable.

  • Contingent liabilities are potential obligations that depend on the outcome of future events, such as lawsuits or warranties.

View 1 answer
right arrow

Q2. What are the golden rules for accounting

Ans.

The golden rules of accounting are basic principles that guide the process of recording financial transactions.

  • The golden rules include: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.

  • These rules help ensure that financial transactions are accurately recorded and classified in the accounting system.

  • For example, when a company receives cash from a customer, the cash account is debited (increas...read more

View 1 answer
right arrow

Q3. What is the formula of capital

Ans.

The formula for capital is total assets minus total liabilities.

  • Capital = Total Assets - Total Liabilities

  • Total assets include cash, inventory, property, etc.

  • Total liabilities include debts, loans, accounts payable, etc.

View 1 answer
right arrow

Q4. What is financial accounting

Ans.

Financial accounting is the process of recording, summarizing, and reporting the financial transactions of a business.

  • Involves recording financial transactions

  • Summarizing financial data in financial statements like balance sheet and income statement

  • Reporting financial information to stakeholders like investors and regulators

View 1 answer
right arrow
Discover Aurobindo Pharma interview dos and don'ts from real experiences

Q5. How many types of accounts

Ans.

There are five main types of accounts: assets, liabilities, equity, revenue, and expenses.

  • Assets: resources owned by the company (e.g. cash, inventory)

  • Liabilities: obligations owed by the company (e.g. loans, accounts payable)

  • Equity: the owner's claim on the company's assets (e.g. common stock)

  • Revenue: income generated from the company's operations (e.g. sales revenue)

  • Expenses: costs incurred to generate revenue (e.g. salaries, rent)

View 1 answer
right arrow

Q6. What are the assets

Ans.

Assets are resources owned by a company that have economic value and can be used to generate future revenue.

  • Assets can include cash, accounts receivable, inventory, property, equipment, and investments.

  • Assets are typically listed on a company's balance sheet and are categorized as current assets or non-current assets.

  • Current assets are expected to be converted into cash within one year, while non-current assets are long-term investments or property.

  • Assets are important for as...read more

View 1 answer
right arrow
Contribute & help others!
Write a review
Write a review
Share interview
Share interview
Contribute salary
Contribute salary
Add office photos
Add office photos

Interview Process at Aurobindo Pharma Senior Accountant

based on 2 interviews
Interview experience
4.5
Good
View more
interview tips and stories logo
Interview Tips & Stories
Ace your next interview with expert advice and inspiring stories
Recently Viewed
INTERVIEWS
Aurobindo Pharma
No Interviews
REVIEWS
Home Credit Finance
No Reviews
REVIEWS
Home Credit Finance
No Reviews
SALARIES
HDB Financial Services
SALARIES
HDB Financial Services
SALARIES
HDB Financial Services
SALARIES
HDB Financial Services
SALARIES
HDB Financial Services
INTERVIEWS
Aurobindo Pharma
No Interviews
SALARIES
HDB Financial Services
Share an Interview
Stay ahead in your career. Get AmbitionBox app
play-icon
play-icon
qr-code
Helping over 1 Crore job seekers every month in choosing their right fit company
75 Lakh+

Reviews

5 Lakh+

Interviews

4 Crore+

Salaries

1 Cr+

Users/Month

Contribute to help millions

Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.

Follow us
  • Youtube
  • Instagram
  • LinkedIn
  • Facebook
  • Twitter