HCLTech Senior Financial Analyst Interview Questions and Answers

Accrual refers to the recognition of revenue or expenses that have been earned or incurred but not yet received or paid.

• Accrual accounting recognizes revenue and expenses when they are earned or incurred, regardless of when payment is received or made.

• Accruals are recorded as adjusting entries in the financial statements.

• Examples of accruals include accounts receivable, accounts payable, and accrued expenses.

• Accruals h...read more

I would handle an adamant client in billing by listening to their concerns and finding a mutually beneficial solution.

• Listen actively to the client's concerns and complaints

• Empathize with the client and acknowledge their frustrations

• Explain the billing process and any discrepancies in a clear and concise manner

• Offer potential solutions or compromises that benefit both parties

• Follow up with the client to ensure their sa