AuthBridge Research Services Executive Accountant Interview Questions, Process, and Tips

I want to join Authbridge because of their reputation for providing innovative solutions in the field of background verification.

• Authbridge is known for their cutting-edge technology and efficient processes.

• I am impressed by Authbridge's commitment to accuracy and compliance in background verification.

• I believe that working at Authbridge will provide me with valuable experience and opportunities for growth.

Seeking new challenges and opportunities for growth.

• Desire for career advancement

• Looking for new challenges

• Seeking better work-life balance

• Relocation to a new area

• Company downsizing or restructuring

The company is a leading accounting firm specializing in providing financial services to clients.

• Company offers services such as tax preparation, auditing, and financial consulting

• Established reputation for accuracy and reliability in financial reporting

• Client base includes small businesses, corporations, and individuals

• Utilizes advanced accounting software and technology to streamline processes

I am a detail-oriented and results-driven accounts executive with a strong background in financial analysis and reporting.

• Experienced in preparing financial statements and budgets

• Skilled in analyzing financial data and identifying trends

• Proficient in using accounting software such as QuickBooks

• Strong communication and interpersonal skills

• Ability to work under pressure and meet deadlines

GST stands for Goods and Services Tax. It is a consumption-based tax levied on the supply of goods and services.

• GST is an indirect tax that replaced multiple indirect taxes in India.

• It was implemented on 1st July 2017.

• GST is levied at every stage of the supply chain, from the manufacturer to the consumer.

• It aims to simplify the tax structure, reduce tax evasion, and promote ease of doing business.

• There are four main GS...read more

TDS returns are submitted online through the government's e-filing portal.

• TDS returns can be submitted by logging into the government's e-filing portal.

• The returns can be filed by uploading the required TDS statements in the specified format.

• The TDS return forms are available on the portal and need to be filled accurately.

• After filling the form, it should be verified using a digital signature or an electronic verificat...read more

I handled accounts payable, accounts receivable, financial reporting, and budgeting in my previous employer.

• Managed accounts payable by processing invoices and issuing payments

• Handled accounts receivable by invoicing clients and tracking payments

• Prepared financial reports for management review

• Assisted in budgeting and forecasting activities

• Collaborated with other departments to ensure accurate financial records

I am not comfortable disclosing my previous salary, but I am looking for a competitive offer based on my skills and experience.

• Focus on discussing the salary range you are looking for in the new role

• Emphasize the importance of fair compensation based on skills and experience

• Avoid disclosing specific salary details from previous job

A journal entry of purchase records the purchase of goods or services.

• Debit the Purchases account to record the cost of the goods or services purchased

• Credit the Accounts Payable or Cash account to record the payment made for the purchase

• Include additional details such as the date, vendor name, and invoice number

• Ensure the journal entry is balanced, with the total debits equaling the total credits

The file extension name created by the TDS Return software is .txt.

• The TDS Return software generates a text file with the .txt extension.

• This file contains the details of tax deducted at source (TDS) by the deductor.

• The .txt file can be opened and viewed using any text editor or spreadsheet software.

• It is commonly used for filing TDS returns with the income tax department.

The contribution rate from employee and employer refers to the percentage of salary that each party contributes towards a retirement or pension plan.

• The contribution rate is typically determined by the retirement plan or pension scheme in place.

• In many cases, the employee and employer each contribute a certain percentage of the employee's salary.

• For example, the employee may contribute 5% of their salary while the empl...read more

The due date for filing TDS return depends on the type of deductor and the quarter in which the deduction is made.

• For government deductors, the due date is 30th June, 30th September, 31st December, and 31st March for the quarters ending June, September, December, and March respectively.

• For non-government deductors, the due date is 31st July, 31st October, 31st January, and 31st May for the quarters ending June, Septemb...read more