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FIS Accountant Interview Questions and Answers
FIS Accountant Interview Experiences
1 interview found
Selected
I applied via Approached by Company and was interviewed before Apr 2022. There were 3 interview rounds.
Accounting related questions, financial statements and p and l Ifrs
(2 Questions)
- Q1. With the team lead mostly accounting related questions
- Q2. Intangible assets, effect of changes in forex ,asset accounting revenue accounting
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Top trending discussions
Interview questions from similar companies
(2 Questions)
- Q1. How was the interview
- Q2. What qualifications u need for accountants
Discussion about accounts
Selected
I applied via Naukri.com and was interviewed in Oct 2023. There were 2 interview rounds.
(3 Questions)
- Q1. Why u left your previous job ??
- Q2. Salary expectation
- Q3. What is Bank reconciliation
- Ans.
Bank reconciliation is the process of comparing and matching the balances in a company's accounting records with the balances on its bank statement.
Bank reconciliation helps ensure the accuracy of a company's financial records.
It involves comparing the transactions recorded in the company's books with those in the bank statement.
Any discrepancies between the two balances are identified and resolved.
Common reasons for d...
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Accountant Interview Questions & Answers
Societe Generale Global Solution Centre
Anonymous
posted on 7 Jul 2024
(2 Questions)
- Q1. Introduce your self and experience
- Q2. Motivation for applying job
Selected
I applied via Company Website and was interviewed in Dec 2022. There were 2 interview rounds.
(1 Question)
- Q1. What is your strength
(1 Question)
- Q1. Why do you want to work here
Interview Preparation Tips
Mukesh Kumar upadhyay
I applied via Campus Placement
(9 Questions)
- Q1. What is your neme what is your qualification and experience
- Q2. Do you know this company and your hobies
- Q3. What is your background
- Q4. What is besic concept in account
- Ans.
The basic concept in accounting is the double-entry system, which involves recording every transaction in two accounts: debit and credit.
Double-entry system is the foundation of accounting
Every transaction is recorded in two accounts: debit and credit
Debit refers to the left side of an account and credit refers to the right side
Debit and credit must always balance
Examples: recording a sale, paying rent, receiving payme
- Q5. What is accural concept in account
- Ans.
Accrual concept is a method of accounting where revenues and expenses are recognized when earned or incurred, regardless of when payment is received or made.
Revenue is recognized when it is earned, not when payment is received
Expenses are recognized when they are incurred, not when payment is made
Accrual accounting provides a more accurate picture of a company's financial health
Example: A company provides services to a...
- Q6. What are three goldan rools of account
- Ans.
The three golden rules of accounting are the basis of recording financial transactions accurately.
The first rule is the Personal Account, which deals with transactions related to individuals or organizations.
The second rule is the Real Account, which deals with transactions related to assets, liabilities, and capital.
The third rule is the Nominal Account, which deals with transactions related to expenses, incomes, gain...
- Q7. What is your faimly background
- Q8. What are your stranth
- Q9. And why Should we heare now
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Selected
I applied via LinkedIn and was interviewed before May 2023. There was 1 interview round.
(1 Question)
- Q1. Tell about your past experience
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shaik Heena Begum
(2 Questions)
- Q1. Tell me about yourself.
- Q2. Social media
Share my documents
(3 Questions)
- Q1. Course details and subject knowledge
- Q2. Comunication skills social media
- Q3. Gruduation
Interview Questionnaire
6 Questions
- Q1. What is accountancy
- Ans.
Accountancy is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions.
It involves keeping track of financial transactions such as sales, purchases, and payments
It includes preparing financial statements such as balance sheets and income statements
It helps businesses make informed decisions based on financial data
Examples of accoun...
- Q2. What is balance sheet
- Ans.
A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time.
It shows the company's assets, liabilities, and shareholders' equity.
Assets include cash, accounts receivable, inventory, and property.
Liabilities include loans, accounts payable, and accrued expenses.
Shareholders' equity represents the company's net worth.
The balance sheet follows the formula...
- Q3. Assets and liabilitys recorded in the books of accounts.
- Ans.
Assets and liabilities are recorded in the books of accounts to track the financial position of a company.
Assets are resources owned by a company that have economic value, such as cash, inventory, or property.
Liabilities are obligations or debts that a company owes to external parties, such as loans or accounts payable.
Recording assets and liabilities helps in determining the financial health and net worth of a company...
- Q4. Which accounts are to be maintained in accounts
- Ans.
Accounts to be maintained in accounts include cash, accounts receivable, accounts payable, inventory, and fixed assets.
Cash account for recording all cash transactions
Accounts receivable for recording money owed to the company by customers
Accounts payable for recording money owed by the company to suppliers
Inventory for recording the value of goods held for sale
Fixed assets for recording long-term assets such as proper
- Q5. What is the meaning of appreciation
- Q6. What is depreciation
- Ans.
Depreciation is the decrease in value of an asset over time due to wear and tear, obsolescence or other factors.
Depreciation is a non-cash expense that reduces the value of an asset on the balance sheet.
It is calculated based on the useful life of the asset and the method of depreciation chosen.
Examples of assets that can be depreciated include buildings, vehicles, machinery, and equipment.
Depreciation can be straight-...
Selected
I applied via Walk-in and was interviewed in Sep 2023. There were 4 interview rounds.
A person determined the personal ability of skills in that fields.
The recruiter given the topic to the group members and they tell the persons are difference about the topic.
(2 Questions)
- Q1. Tell about yourself?
- Q2. What was the main process of HR in the company?
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- Accounts Payable
- Accounts Receivable
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