Citicorp Financial Reporting Analyst Interview Questions and Answers

Q1. Difference between the futures and options
Ans. 
Futures are contracts to buy or sell assets at a future date, while options give the holder the right but not the obligation to buy or sell assets at a set price.
• Futures involve an obligation to buy or sell the underlying asset at a specified price and date.

• Options give the holder the right, but not the obligation, to buy or sell the underlying asset at a set price within a specified time frame.

• Futures are standardized...read more
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Q2. How will you analyze the client financials
Ans. 
I will analyze client financials by reviewing income statements, balance sheets, cash flow statements, and conducting ratio analysis.
• Review income statements to assess revenue and expenses

• Analyze balance sheets to understand assets, liabilities, and equity

• Examine cash flow statements to evaluate cash inflows and outflows

• Conduct ratio analysis to assess liquidity, profitability, and solvency

• Compare financials to industr
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Q1. Financial Instruments And Leases
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Q2. What is derivatives
Ans. 
Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.
• Derivatives can be used for hedging against risk, speculating on price movements, or gaining exposure to assets without owning them.

• Common types of derivatives include options, futures, forwards, and swaps.

• Derivatives are often used in financial markets to manage risk or to leverage investment opportunities.

• The valu...read more
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Q3. What is options
Ans. 
Options are financial instruments that give the holder the right, but not the obligation, to buy or sell an asset at a specified price before or on a specified date.
• Options can be call options (the right to buy) or put options (the right to sell).

• The specified price at which the asset can be bought or sold is known as the strike price.

• The specified date by which the option must be exercised is known as the expiration d...read more
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Q1. About cv previously experience
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Q2. About past experiences
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Q1. What is share vs debentures
Ans. 
Shares represent ownership in a company while debentures are a type of debt instrument issued by a company.
• Shares represent ownership in a company and give the shareholder voting rights and a share in the profits.

• Debentures are a type of debt instrument issued by a company and pay a fixed rate of interest to the debenture holder.

• Shares are generally considered riskier than debentures as the value of shares can fluctuat...read more
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Q2. What is private equity
Ans. 
Private equity refers to investments made in private companies that are not publicly traded on a stock exchange.
• Private equity firms raise funds from investors and use that capital to acquire companies or make investments in private companies.

• They typically aim to improve the performance of the companies they invest in and then sell them for a profit.

• Private equity investments can be in a variety of industries, such as...read more
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Q3. Fund accounting
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Q1. Why are you looking for a change?
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Q2. Why should we hire you?
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Q3. Tell me about yourself.
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Q1. What are Financial Statements? Why balanve sheet?
Ans. 
Financial statements are reports that show the financial performance of a company over a specific period of time.
• Financial statements include the balance sheet, income statement, and cash flow statement.

• The balance sheet shows a company's assets, liabilities, and equity at a specific point in time.

• The income statement shows a company's revenue, expenses, and net income over a specific period of time.

• The cash flow state...read more
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Q1. What are your salary expectations?
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Q2. Share details of your previous job.
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Q3. Why should we hire you?
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Q4. Tell me about yourself.
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Good

Q1. Hard one and i would say person taking interview was testing on practical exposure that one possess.
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Q1. Difference between the futures and options
Ans. 
Futures are contracts to buy or sell assets at a future date, while options give the holder the right but not the obligation to buy or sell assets at a set price.
• Futures involve an obligation to buy or sell the underlying asset at a specified price and date.

• Options give the holder the right, but not the obligation, to buy or sell the underlying asset at a set price within a specified time frame.

• Futures are standardized...read more
Answered by AI
Add your answer
Q2. How will you analyze the client financials
Ans. 
I will analyze client financials by reviewing income statements, balance sheets, cash flow statements, and conducting ratio analysis.
• Review income statements to assess revenue and expenses

• Analyze balance sheets to understand assets, liabilities, and equity

• Examine cash flow statements to evaluate cash inflows and outflows

• Conduct ratio analysis to assess liquidity, profitability, and solvency

• Compare financials to industr
Answered by AI
Add your answer

Q1. About cv previously experience
Add your answer
Q2. About past experiences
Add your answer

Q1. What is share vs debentures
Ans. 
Shares represent ownership in a company while debentures are a type of debt instrument issued by a company.
• Shares represent ownership in a company and give the shareholder voting rights and a share in the profits.

• Debentures are a type of debt instrument issued by a company and pay a fixed rate of interest to the debenture holder.

• Shares are generally considered riskier than debentures as the value of shares can fluctuat...read more
Answered by AI
Add your answer
Q2. What is private equity
Ans. 
Private equity refers to investments made in private companies that are not publicly traded on a stock exchange.
• Private equity firms raise funds from investors and use that capital to acquire companies or make investments in private companies.

• They typically aim to improve the performance of the companies they invest in and then sell them for a profit.

• Private equity investments can be in a variety of industries, such as...read more
Answered by AI
Add your answer
Q3. Fund accounting
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