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3.3

based on 408 Reviews

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Consero Global Solutions Interview Questions, Process, and Tips

Updated 16 Jul 2024

Consero Global Solutions Interview Experiences

11 interviews found

Interview Questionnaire 

8 Questions

  • Q1. Tell me about yourselves
  • Q2. Deferred Revenue concept and its entries
  • Ans. 

    Deferred revenue is a concept where revenue is received in advance but recognized as income over time as the goods or services are delivered.

    • Deferred revenue is a liability on the balance sheet until it is earned.

    • When revenue is received in advance, it is recorded as a debit to cash and a credit to deferred revenue.

    • As the goods or services are delivered, the deferred revenue is recognized as income by debiting deferred...

  • Answered by AI
  • Q3. Provision for Bad debts entry
  • Ans. 

    Provision for bad debts is an accounting entry made to account for potential losses due to non-payment of debts.

    • Provision for bad debts is a contra asset account that reduces accounts receivable on the balance sheet.

    • It is based on an estimate of the percentage of accounts receivable that will not be collected.

    • The entry is made by debiting the provision for bad debts account and crediting the accounts receivable account...

  • Answered by AI
  • Q4. Deferred Revenue
  • Q5. Unbilled Revenue and its entries
  • Ans. 

    Unbilled revenue refers to revenue that has been earned but not yet invoiced to the customer.

    • Unbilled revenue is recorded as a current asset on the balance sheet.

    • The journal entry for unbilled revenue involves debiting unbilled receivables and crediting revenue.

    • Once the invoice is generated, the unbilled revenue account is credited and accounts receivable is debited.

    • Unbilled revenue is common in service-based industrie...

  • Answered by AI
  • Q6. Outstanding exp Vs Accrued Expenses
  • Ans. 

    Outstanding expenses are unpaid bills while accrued expenses are expenses incurred but not yet paid.

    • Outstanding expenses are recorded as accounts payable on the balance sheet.

    • Accrued expenses are recorded as liabilities on the balance sheet.

    • Examples of outstanding expenses include unpaid rent, utilities, and vendor invoices.

    • Examples of accrued expenses include salaries, interest, and taxes.

    • Both outstanding and accrued ...

  • Answered by AI
  • Q7. Procure to Pay (P2P) process
  • Q8. Order 2 Cash (O2C) process
  • Ans. 

    O2C process is the process of receiving and processing customer orders, invoicing, and receiving payment.

    • The process starts with receiving customer orders

    • The orders are then processed and invoiced

    • The invoices are sent to the customers

    • Payment is received and recorded

    • Accounts receivable is updated

    • Examples include online shopping, ordering from a catalog, or placing an order over the phone

  • Answered by AI

Consero Global Solutions Interview FAQs

How many rounds are there in Consero Global Solutions Senior Accounting Specialist interview for experienced candidates?
Consero Global Solutions interview process for experienced candidates usually has 2-3 rounds. The most common rounds in the Consero Global Solutions interview process for experienced candidates are Technical, Aptitude Test and Resume Shortlist.
How to prepare for Consero Global Solutions Senior Accounting Specialist interview for experienced candidates?
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 Consero Global Solutions. The most common topics and skills that interviewers at Consero Global Solutions expect are Accounting, Accounts Payable, Accounts Receivable, Budgeting and CPA.
What are the top questions asked in Consero Global Solutions Senior Accounting Specialist interview for experienced candidates?

Some of the top questions asked at the Consero Global Solutions Senior Accounting Specialist interview for experienced candidates -

  1. Deferred Revenue concept and its entr...read more
  2. what is accrual, what is provision for depreciation, what is Bad debts, Journal...read more
  3. How to find cogs,what is unbilled reve...read more
How long is the Consero Global Solutions Senior Accounting Specialist interview process?

The duration of Consero Global Solutions Senior Accounting Specialist interview process can vary, but typically it takes about less than 2 weeks to complete.

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Consero Global Solutions Interview Process

based on 5 interviews in last 1 year

Interview experience

2.6
  
Poor
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Consero Global Solutions Senior Accounting Specialist Salary
based on 401 salaries
₹4.5 L/yr - ₹9.6 L/yr
15% less than the average Senior Accounting Specialist Salary in India
View more details

Consero Global Solutions Senior Accounting Specialist Reviews and Ratings

based on 85 reviews

3.2/5

Rating in categories

3.3

Skill development

3.2

Work-life balance

2.7

Salary

3.6

Job security

3.2

Company culture

2.6

Promotions

2.9

Work satisfaction

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