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I applied via Referral and was interviewed in Dec 2023. There were 2 interview rounds.
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
There are three golden rules of accounting: 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 f...
I applied via Company Website and was interviewed in Feb 2023. There were 6 interview rounds.
4 sections for basic testing like quantitative, English comprehension, analytical
Budgeting is a plan for future expenses, while forecasting is an estimate of future financial outcomes.
Budgeting involves setting financial goals and creating a plan to achieve them.
Forecasting involves predicting future financial outcomes based on past data and current trends.
Budgeting is more focused on controlling expenses and allocating resources, while forecasting is more focused on predicting revenue and profits.
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I applied via Recruitment Consulltant and was interviewed in Aug 2022. There was 1 interview round.
Accrued revenue is earned but not yet received, while deferred revenue is received but not yet earned.
Accrued revenue is recorded as a receivable on the balance sheet, while deferred revenue is recorded as a liability.
Accrued revenue is recognized when the service or product is delivered, while deferred revenue is recognized when the service or product is provided.
Examples of accrued revenue include interest income and...
Amortisation is the process of spreading the cost of an intangible asset over its useful life, while depreciation is the process of spreading the cost of a tangible asset over its useful life.
Amortisation is used for intangible assets like patents, copyrights, and trademarks.
Depreciation is used for tangible assets like buildings, machinery, and vehicles.
Amortisation is usually calculated using the straight-line method...
I applied via Referral and was interviewed before Oct 2022. There were 3 interview rounds.
Experienced finance professional with strong FP&A background
Started career in finance at XYZ company
Managed budgeting and forecasting processes
Implemented cost-saving initiatives resulting in 10% reduction in expenses
Led cross-functional teams to analyze financial performance
Genpact is a global professional services firm specializing in digital transformation, analytics, and finance & accounting services.
Genpact was founded in 1997 as a business unit within General Electric and later became an independent company.
It offers services in areas such as finance & accounting, procurement, supply chain, analytics, and digital transformation.
Genpact serves clients in various industries including b...
Genpact's growth has been steady over the years, with consistent revenue and client expansion.
Genpact has shown consistent revenue growth year over year.
The company has expanded its client base globally.
Genpact has also diversified its service offerings to drive growth.
Acquisitions have played a key role in Genpact's growth strategy.
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