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Consero Global Solutions Interview Questions, Process, and Tips
Top Consero Global Solutions Interview Questions and Answers
- Q1. What are Month End Closing Procedures ?asked in Senior Accounting Specialist interview
- Q2. Journal entry of sale of fixed assets in case of profit on saleasked in Accounting Specialist interview
- Q3. Adjustment entries in accountingasked in Management Trainee interview
Consero Global Solutions Interview Experiences
93 interviews found
I applied via Naukri.com and was interviewed in Dec 2024. There was 1 interview round.
(3 Questions)
- Q1. General journal entries, accrual, depreciation
- Q2. Depreciation questions
- Q3. Consolidated related questions
Interview Preparation Tips
Senior Associate Interview Questions asked at other Companies
Selected
I applied via Company Website and was interviewed in Aug 2024. There were 5 interview rounds.
There were 3 tests at the start. One is regarding English communication. Second is regarding logical reasoning and third is accounting related
(3 Questions)
- Q1. Journal entry for deferred revenue and for unbilled revenue
- Ans.
Journal entries for deferred revenue and unbilled revenue
Deferred revenue journal entry: Debit Cash/Accounts Receivable, Credit Deferred Revenue
Unbilled revenue journal entry: Debit Unbilled Revenue, Credit Revenue
Example: Deferred revenue journal entry - Debit Accounts Receivable $1,000, Credit Deferred Revenue $1,000
Example: Unbilled revenue journal entry - Debit Unbilled Revenue $500, Credit Revenue $500
- Q2. Difference between realised and unrealised forex gain/ loss
- Ans.
Realised forex gain/loss is when the exchange rate changes and the transaction is completed, while unrealised forex gain/loss is when the exchange rate changes but the transaction is not completed.
Realised forex gain/loss is recorded when an actual transaction occurs and the exchange rate has changed since the initial transaction.
Unrealised forex gain/loss is recorded when the exchange rate changes but the transaction ...
- Q3. Consolidation entries
There were 2 case studies about which we are supposed to write an email.
(1 Question)
- Q1. Cases to solve on excel
(2 Questions)
- Q1. What adjustments we do in consolidation
- Ans.
Adjustments in consolidation involve eliminating intercompany transactions, adjusting for differences in accounting policies, and recognizing goodwill.
Eliminating intercompany transactions to avoid double counting
Adjusting for differences in accounting policies to ensure consistency
Recognizing goodwill to account for the premium paid in acquisitions
- Q2. Revenue recognition
Interview Preparation Tips
Top Consero Global Solutions Senior Accounting Specialist Interview Questions and Answers
Senior Accounting Specialist Interview Questions asked at other Companies
Gopal
I applied via Referral and was interviewed in Dec 2024. There was 1 interview round.
(1 Question)
- Q1. What is the journal entry for recording credit sales?
Executive Accountant Interview Questions asked at other Companies
I applied via LinkedIn and was interviewed in Aug 2024. There were 2 interview rounds.
Communication test , essay writing , aptitude , english grammer
(5 Questions)
- Q1. Golden rules of accounting
- Ans.
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
There are three golden rules of accounting: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit all expenses and losses, Credit all incomes and gains.
These rules help maintain the balance in the accounting equation: Assets = Liabilities + Equity.
For example, when a company receiv...
- Q2. Credit purchase journal entry
- Q3. Credit sales journal entry
- Q4. Prepaid expenses journal entry
- Q5. Current liability meaning
- Ans.
Current liabilities are debts or obligations that are due within one year or the operating cycle of a business.
Current liabilities are obligations that must be settled within one year or the normal operating cycle of the business.
Examples include accounts payable, short-term loans, accrued expenses, and taxes payable.
They are listed on the balance sheet and are important for assessing a company's liquidity and financia
Management Trainee Interview Questions asked at other Companies
Consero Global Solutions interview questions for popular designations
Online test was simple and easy
(2 Questions)
- Q1. Fixed assets and depreciation accounting
- Q2. Deferred revenue and entries to be posted in books
- Ans.
Deferred revenue is revenue received in advance but not yet earned. Entries include debit to cash or accounts receivable and credit to deferred revenue.
Deferred revenue represents money received for goods or services that have not yet been provided.
Entries for deferred revenue typically involve debiting cash or accounts receivable and crediting deferred revenue.
As the revenue is earned, the deferred revenue is reduced ...
Interview Preparation Tips
Top Consero Global Solutions Senior Accounting Specialist Interview Questions and Answers
Senior Accounting Specialist Interview Questions asked at other Companies
Get interview-ready with Top Consero Global Solutions Interview Questions
Accounts Payable and Accounts Receivable Specialist Interview Questions & Answers
Anonymous
posted on 10 Jul 2024
I was interviewed in Jun 2024.
5 different tests were given, so long
(2 Questions)
- Q1. Explain AR process
- Ans.
AR process involves invoicing customers for goods or services provided and tracking payments received.
Generate and send invoices to customers
Record payments received from customers
Follow up on overdue payments
Reconcile accounts receivable to ensure accuracy
Provide reports on outstanding balances to management
- Q2. Entries for unbilled invoice
- Ans.
Entries for unbilled invoice are recorded as accrued revenue in accounts receivable and revenue in accounts payable.
Accrued revenue is recorded in accounts receivable until the invoice is billed
Revenue is recorded in accounts payable until the invoice is billed
Once the invoice is billed, the entries are reversed and recorded in the appropriate accounts
(2 Questions)
- Q1. General accounting entries
- Q2. Accounting entries of AP and AR process
- Ans.
Accounting entries for AP and AR process involve recording expenses and revenues, tracking payments and receipts, and reconciling accounts.
AP entries involve recording expenses and liabilities, such as invoices from vendors
AR entries involve recording revenues and assets, such as sales invoices to customers
Payments made to vendors are recorded as credits to AP and debits to cash/bank account
Receipts from customers are ...
Accounts Payable and Accounts Receivable Specialist Interview Questions asked at other Companies
Jobs at Consero Global Solutions
I applied via Recruitment Consulltant
(2 Questions)
- Q1. Self introduction
- Q2. Fixed assets purchase entries and sale entries, Journal entries
I applied via LinkedIn and was interviewed in Feb 2024. There were 2 interview rounds.
(2 Questions)
- Q1. Resume screening.
- Q2. Basic questions on experience and notice period
(3 Questions)
- Q1. Straight away they start with our CV go through.
- Q2. Starts with accounting journal entries, deferred revenue, bad debts, AR
- Q3. Difference between Actual and estimated revenue and the actions taken.
Interview Preparation Tips
Vivek Ram
I applied via Approached by Company and was interviewed in Jun 2024. There were 2 interview rounds.
(1 Question)
- Q1. Basic introduction
(2 Questions)
- Q1. Question related normal accounting questions
- Q2. About the work which you do in your current organization
Assistant Controller Interview Questions asked at other Companies
I was interviewed in Sep 2024.
Aptitude test, communication test and email writing test.
(2 Questions)
- Q1. Journal entries
- Q2. General questions
Top Consero Global Solutions Accounting Specialist Interview Questions and Answers
Accounting Specialist Interview Questions asked at other Companies
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Consero Global Solutions Interview FAQs
Some of the top questions asked at the Consero Global Solutions interview -
The duration of Consero Global Solutions interview process can vary, but typically it takes about less than 2 weeks to complete.
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Consero Global Solutions Interviews By Designations
- Consero Global Solutions Senior Accounting Specialist Interview Questions
- Consero Global Solutions Accounting Specialist Interview Questions
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Interview Questions for Popular Designations
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Consero Global Solutions Interview Process
based on 44 interviews in last 1 year
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Consero Global Solutions Reviews and Ratings
based on 407 reviews
Rating in categories
|
Senior Accounting Specialist
419
salaries
|  ₹4.5 L/yr - ₹9.6 L/yr |
|
Accounting Specialist
331
salaries
| ₹3.6 L/yr - ₹6.5 L/yr |
|
Assistant Manager
110
salaries
| ₹7.4 L/yr - ₹14.6 L/yr |
|
Assistant Controller
94
salaries
| ₹8 L/yr - ₹15.6 L/yr |
|
Accounting Specialist 3
92
salaries
| ₹4.5 L/yr - ₹6.8 L/yr |
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