Cham Bank Accounts Officer Interview Questions and Answers

Q1. Talk me through your CV
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Q2. Why do you want to work here
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1 hour and topics accounting

Q1. Accounting Standards
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Q2. International financial reporting
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Q1. What is your current CTC
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Q2. What is work experience
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Q1. Tel me about your self What is golden rule of accounting What is bank reconciliation statement etc…
Ans. 
I am a detail-oriented accountant with experience in financial analysis and reporting. The golden rule of accounting is to debit the receiver and credit the giver. Bank reconciliation statement is a process of matching the balances in a company's accounting records to the corresponding information on a bank statement.
• Golden rule of accounting: Debit the receiver, credit the giver

• Bank reconciliation statement: Matching ...read more
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Q1. What is gst and direct tax
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GST is a consumption tax levied on the supply of goods and services in India, while direct tax is a tax imposed directly on individuals and organizations.
• GST stands for Goods and Services Tax, which is a consumption tax levied on the supply of goods and services in India

• Direct tax is a tax imposed directly on individuals and organizations, such as income tax, corporate tax, and capital gains tax

• GST is an indirect tax, ...read more
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Q2. Induction to ur self
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I am a detail-oriented and organized individual with a strong background in accounting and finance.
• Bachelor's degree in Accounting

• 2 years of experience in financial analysis

• Proficient in Microsoft Excel and QuickBooks

• Strong attention to detail and problem-solving skills
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Q3. What is the income tax return
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Income tax return is a form where individuals declare their income, deductions, and tax payments to the government.
• It is a document filed with the tax authorities annually by individuals and businesses.

• It includes details of income earned, deductions claimed, and taxes paid throughout the year.

• The purpose is to calculate the tax liability of the individual or business for the year.

• Filing an accurate income tax return i...read more
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Q1. Revenue recognition -How would you recognise revenue and walk through
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Revenue recognition involves identifying when and how revenue should be recorded in financial statements.
• Revenue should be recognized when it is earned and realized or realizable

• The amount of revenue recognized should be the amount that is expected to be received

• Revenue recognition should follow the matching principle

• Examples of revenue recognition methods include percentage of completion, completed contract, and insta...read more
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Q2. Tell me about your self
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Q3. Why do you want to work in Reporting
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Q4. What are the components of FSt
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FSt stands for Financial Statements. The components of FSt are the Income Statement, Balance Sheet, and Cash Flow Statement.
• Income Statement shows the company's revenues and expenses over a period of time.

• Balance Sheet shows the company's assets, liabilities, and equity at a specific point in time.

• Cash Flow Statement shows the company's inflows and outflows of cash over a period of time.

• Financial Statements are used to...read more
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