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Citco Accountant Interview Questions and Answers

Updated 25 Oct 2024

Citco Accountant Interview Experiences

2 interviews found

Accountant Interview Questions & Answers

user image Anonymous

posted on 25 Oct 2024

Interview experience
4
Good
Difficulty level
Hard
Process Duration
2-4 weeks
Result
Selected Selected

I applied via AmbitionBox and was interviewed in Sep 2024. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. What is accounting
  • Ans. 

    Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.

    • Accounting involves recording financial transactions such as sales, purchases, and expenses.

    • It includes summarizing the financial data into financial statements like balance sheets and income statements.

    • Accounting also involves analyzing the financial information to provide insights for decision-making.

    • Rep...

  • Answered by AI
  • Q2. What is journal
  • Ans. 

    A journal is a detailed record of financial transactions in chronological order.

    • A journal is used to record all financial transactions of a business.

    • It includes the date, description, and amount of each transaction.

    • Journals are typically organized by accounts, such as cash, accounts receivable, and accounts payable.

    • The information recorded in a journal is later transferred to the general ledger for financial reporting.

    • ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - It is nice interview

Accountant Interview Questions & Answers

user image Anonymous

posted on 15 Apr 2024

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed before Apr 2023. There were 2 interview rounds.

Round 1 - HR 

(1 Question)

  • Q1. General HE questions such as previous work experience and expected salary
Round 2 - Group Discussion 

Some technical questions regarding the role such as journal entries and definition of terms

Interview Preparation Tips

Interview preparation tips for other job seekers - Come prepared and take notes from their website

Accountant Interview Questions Asked at Other Companies

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Q1. What journal is made when purchase requisition is created
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Q2. If the employee has to take transfer in other countries like fore ... read more
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asked in Infosys
Q5. What is accountant and how many basic rules are there

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Jul 2022. There was 1 interview round.

Round 1 - One-on-one 

(4 Questions)

  • Q1. What is the golden rule of accounting?
  • Q2. Accounting concepts
  • Q3. What is the journal entry for a credit purchase?
  • Q4. How do you handle prepaid expenses?
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. What are the technical questions in an interview
  • Ans. Technical questions are questions that are designed to assess your specific knowledge and skills related to technical aspects of a job
  • Answered by Raj Tufail
  • Q2. These can include questions about programming languages, software tools,
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed in Aug 2024.

Round 1 - HR 

(1 Question)

  • Q1. Golden rules of accounting
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in May 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - HR 

(2 Questions)

  • Q1. Explain in detail about accounts
  • Ans. 

    Accounts refer to the financial records of an organization that track its transactions and financial position.

    • Accounts are used to record financial transactions such as sales, purchases, and expenses.

    • They help in tracking the financial position of an organization by maintaining records of assets, liabilities, and equity.

    • Accounts are classified into different categories such as revenue, expenses, assets, liabilities, an...

  • Answered by AI
  • Q2. Explain about gst and it's pro's and cons
  • Ans. 

    GST is a value-added tax levied on goods and services in India.

    • Pro's: Simplifies tax structure, reduces tax evasion, promotes ease of doing business

    • Cons: Initial implementation challenges, increased compliance burden for small businesses

    • Example: GST replaced multiple indirect taxes like VAT, service tax, excise duty, etc.

    • Example: GST has different tax rates for different goods and services, ranging from 0% to 28%

    • Exampl...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Nspira Management Services Accountant interview:
  • Final Accounts
  • Accounts Reconciliation
Interview preparation tips for other job seekers - Don't fear of interviews and be confident with answers while answering. Just explain about what you are aware of. Prepare well

I applied via Naukri.com and was interviewed before Jun 2020. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Bank Reconciliations, Journal entries etc

Interview Preparation Tips

Interview preparation tips for other job seekers - ..
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before Sep 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

Basic accounts journal entries

Round 2 - HR 

(1 Question)

  • Q1. Tell me about yourself
  • Ans. 

    I am a detail-oriented accountant with 5 years of experience in financial reporting and analysis.

    • Graduated with a degree in Accounting from XYZ University

    • Worked at ABC Company as a Senior Accountant for 3 years

    • Proficient in using accounting software such as QuickBooks and SAP

  • Answered by AI
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. Tally, brs, journal entry

I applied via Referral and was interviewed in Mar 2022. There was 1 interview round.

Round 1 - HR 

(1 Question)

  • Q1. What are your strength and weakness About your hobbies If you have done some projects question related to that

Interview Preparation Tips

Interview preparation tips for other job seekers - It was a good experience, if you have some knowledge on related field and good communication skill you can easily clear this.

Citco Interview FAQs

How many rounds are there in Citco Accountant interview?
Citco interview process usually has 1-2 rounds. The most common rounds in the Citco interview process are HR and Group Discussion.
How to prepare for Citco Accountant interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Citco. The most common topics and skills that interviewers at Citco expect are Auditing, Accounting, Fund Administration, Financial Statements and Corporate Governance.
What are the top questions asked in Citco Accountant interview?

Some of the top questions asked at the Citco Accountant interview -

  1. What is account...read more
  2. What is jour...read more

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Citco Accountant Interview Process

based on 2 interviews

Interview experience

4
  
Good
View more
Citco Accountant Salary
based on 5 salaries
₹3.9 L/yr - ₹7.2 L/yr
55% more than the average Accountant Salary in India
View more details

Citco Accountant Reviews and Ratings

based on 1 review

5.0/5

Rating in categories

3.0

Skill development

3.0

Work-life balance

3.0

Salary

4.0

Job security

4.0

Company culture

3.0

Promotions

3.0

Work satisfaction

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