Compuage Infocom Branch Accountant Interview Questions and Answers

Bank how many types of account
They are 4 type of account
1current account 2 saving a/c
3 recurring deposit a/c 4 fixed a/c .

Account are
Payment
Sales
Purchase
GST tax
CGST and SGST
Inter and intera state

Q1. What is IFRS and how to implement it
Ans. 
IFRS stands for International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB).
• IFRS is used by companies across the globe to ensure consistency and transparency in financial reporting.

• Implementation of IFRS involves understanding the standards, making necessary adjustments to financial statements, and training staff on the new requirements.

• Com...read more
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Q2. Do you know USGAAP
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Q1. Accounts basics
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Q2. Accounting rules
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Q3. Golden rules of accounts
Ans. 
Golden rules of accounts are basic principles that guide the process of recording financial transactions.
• There are three golden rules of accounts: Debit what comes in, Credit what goes out, Debit the receiver, Credit the giver, Debit expenses and losses, Credit income and gains.

• These rules help maintain the balance in the accounting equation: Assets = Liabilities + Equity.

• For example, when a company receives cash from ...read more
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Q4. Financial statements
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Aptitude test contains regarding which subject you are going to give interview. Scored full marks

Q1. About my previous experience.
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Q2. Why I want to join finance department
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Q3. Negotiate with HR salary will be as per your Qualifications and Experience.
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Q4. HR is very cooperative
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Q5. Share all details correctly
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I'm sorry, can you please clarify which question you are referring to?
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