FactSet Research Analyst Interview Questions, Process, and Tips for Freshers

Accounts, Financial market,

Q1. Basic accounting concepts
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Q1. What is Working capital
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Working capital is the difference between a company's current assets and current liabilities.
• Working capital is essential for a company's day-to-day operations.

• It indicates the company's liquidity and ability to meet short-term obligations.

• Formula: Working Capital = Current Assets - Current Liabilities

• Examples: Cash, accounts receivable, inventory are current assets. Accounts payable, short-term loans are current liabi
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Q2. Financial interview questions
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Questions on finance and english and aptitude

Q1. Basic accounting question
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Q2. Journal, financial statements, gaap, accrued expense, accounts payable, current assets
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Q3. Mergers and acquisitions, derivatives, EPS collection
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Q1. What is balance sheet
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Balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
• It provides a snapshot of a company's financial position.

• Assets are what the company owns, liabilities are what it owes, and shareholders' equity is the difference between the two.

• The balance sheet equation is: Assets = Liabilities + Shareholders' Equity.

• It helps investors and analysts...read more
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Q2. Tell me about your last project
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Q3. What is merger and acquisition
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Merger and acquisition is the process of combining two companies into one entity through various financial transactions.
• Merger involves two companies coming together to form a new company

• Acquisition involves one company buying another company

• Mergers and acquisitions can help companies expand their market share, diversify their products, or achieve cost savings through synergies

• Examples include Disney's acquisition of 2...read more
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Q4. What is cash flow statement
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Cash flow statement is a financial report that shows the inflows and outflows of cash in a business over a specific period of time.
• It provides information on how well a company manages its cash position.

• It consists of three sections: operating activities, investing activities, and financing activities.

• Operating activities include cash received from sales and cash paid for expenses.

• Investing activities include cash spen...read more
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Finance and accounting, English grammar related questions.

Q1. Finance and Accounting related question
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Question related to aptitude to test analytical skills and English question to know the grammatical ability to speak in English.

Q1. Interview will be with managers and TL atleast 2members will be in panel. Questions related to accountancy, commerce and background of the interviewee are asked.
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Q2. Tell me about yourself, strength and weakness?
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Q3. What is Accumulated depreciation?
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Accumulated depreciation is the total amount of depreciation expense that has been recorded for an asset over its useful life.
• It is a contra-asset account that reduces the value of an asset on the balance sheet.

• It is calculated by subtracting the asset's salvage value from its original cost and dividing the result by the asset's useful life.

• It represents the total amount of wear and tear or obsolescence that an asset h...read more
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Q4. How depreciation reflect in cash flow?
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Depreciation reduces net income and increases cash flow.
• Depreciation is a non-cash expense that reduces net income.

• Since it is a non-cash expense, it is added back to net income in the cash flow statement.

• This results in an increase in cash flow from operating activities.

• For example, if a company has a net income of $100,000 and depreciation expense of $20,000, the cash flow from operating activities would be $120,000.

• ...read more
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Q5. What is the difference between assets and liabilities?
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Assets are resources owned by an individual or organization, while liabilities are debts or obligations owed to others.
• Assets can include cash, property, investments, and inventory.

• Liabilities can include loans, mortgages, and unpaid bills.

• Assets are typically viewed as positive, while liabilities are viewed as negative.

• The difference between assets and liabilities is known as net worth or equity.
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Q6. What are accrued expenses?
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Accrued expenses are liabilities that have been incurred but not yet paid for.
• Accrued expenses are recorded on the balance sheet as a current liability.

• They represent expenses that have been recognized but not yet paid for.

• Examples of accrued expenses include salaries payable, interest payable, and utilities payable.

• Accrued expenses are typically recorded through adjusting entries at the end of an accounting period.
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