EKIN India Accountant Interview Questions and Answers

Q1. Accounting Standards
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Q2. International financial reporting
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Q1. Tel me about your self What is golden rule of accounting What is bank reconciliation statement etc…
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I am a detail-oriented accountant with experience in financial analysis and reporting. The golden rule of accounting is to debit the receiver and credit the giver. Bank reconciliation statement is a process of matching the balances in a company's accounting records to the corresponding information on a bank statement.
• Golden rule of accounting: Debit the receiver, credit the giver

• Bank reconciliation statement: Matching ...read more
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Q1. Introduction questions
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Q2. Why we should hire you?
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I have a strong background in accounting, with proven experience in managing financial operations and driving business growth.
• Extensive experience in financial analysis and reporting

• Proven track record of improving financial processes and efficiency

• Strong attention to detail and accuracy in financial data

• Excellent communication and interpersonal skills

• Ability to work effectively in a team and independently
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Q1. Type of derivatives
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Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.
• Derivatives can be categorized into options, futures, forwards, and swaps.

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

• Futures are contracts to buy or sell an asset at a predetermined price on a specified date in the future.

• Forwar...read more
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Q2. What is NAV and its formula
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NAV stands for Net Asset Value, which is the value of a fund's assets minus its liabilities.
• NAV is calculated by subtracting the total value of a fund's liabilities from the total value of its assets.

• The formula for NAV is (Total Assets - Total Liabilities) / Total Number of Outstanding Shares.

• NAV is used to determine the price at which investors can buy or sell shares of a mutual fund or ETF.
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Q1. All about derivatives
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Q2. All About Journal entries
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Physiological test it's very useful how to handle teams and work