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Hgs Services Accounting Specialist Interview Questions and Answers

Updated 26 Oct 2023

Hgs Services Accounting Specialist Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
-
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Sep 2023. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Tell me yourself , why you choosing this company
  • Q2. About your Career

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident while saying, don't be nervous, answer each and every question

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(5 Questions)

  • Q1. What type account
  • Ans. 

    The type of account refers to the classification of accounts based on their nature and purpose.

    • There are five main types of accounts: assets, liabilities, equity, revenue, and expenses.

    • Assets are resources owned by the company, such as cash, inventory, and equipment.

    • Liabilities are obligations owed by the company, such as loans and accounts payable.

    • Equity represents the owner's stake in the business.

    • Revenue is the inco...

  • Answered by AI
  • Q2. 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 that all transactions are recorded accurately in the company's books.

    • It involves comparing the company's records of its bank account with the bank statement to identify any discrepancies.

    • Common reasons for discrepancies include outstanding c...

  • Answered by AI
  • Q3. Any five tangible Assets
  • Ans. 

    Tangible assets are physical assets that can be seen and touched.

    • Real estate

    • Machinery

    • Vehicles

    • Inventory

    • Furniture and fixtures

  • Answered by AI
  • Q4. What is current Assets
  • Ans. 

    Current assets are assets that are expected to be converted into cash or used up within one year.

    • Includes cash, accounts receivable, inventory, and prepaid expenses

    • Listed on the balance sheet under assets

    • Helps determine a company's liquidity and ability to pay off short-term obligations

  • Answered by AI
  • Q5. Gold rule of Accounting
  • Ans. 

    The gold rule of accounting states that debits must equal credits in every financial transaction.

    • Debits must always equal credits in accounting entries

    • It is the foundation of double-entry accounting

    • Helps ensure accuracy and balance in financial records

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Are you looking for advice on job searching, resume building, interview preparation, or something specific
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Aug 2023. There were 2 interview rounds.

Round 1 - HR 

(2 Questions)

  • Q1. Introduction of Self
  • Q2. Knowledge based questions
Round 2 - Technical 

(2 Questions)

  • Q1. Accounting Basics
  • Q2. GST, TDS, Basics and Sections
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Those who are looking job in DNV must have all accounting concept clear knowledge, focus on revenue recognition, basic accounting entries, Accruals, prepayment, FA all accounting, leases, etc
Round 3 - One-on-one 

(1 Question)

  • Q1. Basic accounting

I applied via Referral and was interviewed in Jan 2022. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. When will place the interview?
  • Q2. Work from home or office work?

Interview Preparation Tips

Interview preparation tips for other job seekers - To secure a challenging position in a reputable organization to expand my learnings, knowledge, and skills. Secure a responsible career opportunity to fully utilize my training and skills, while making a significant contribution to the success of the company.

I applied via Referral and was interviewed before Feb 2021. There were 2 interview rounds.

Round 1 - One-on-one 

(1 Question)

  • Q1. CV related questions
Round 2 - Case Study 

Research case presentation

Interview Preparation Tips

Interview preparation tips for other job seekers - Don't be afraid to put your opinion in any question. There is no one size fits all in research. Brush up on some basic stats knowledge if possible.
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Naukri.com and was interviewed in Feb 2024. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Self introduce , skills, Education
Interview experience
2
Poor
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Walk-in and was interviewed in Dec 2023. There were 2 interview rounds.

Round 1 - Technical 

(1 Question)

  • Q1. Just asked your resume
Round 2 - Technical 

(1 Question)

  • Q1. Bank statement , TDs , gst r1 and 3b

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confidence and must suggest improve your communication
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Technical 

(2 Questions)

  • Q1. What is the journal entry for accounts payable
  • Ans. 

    The journal entry for accounts payable is a credit to accounts payable and a debit to the corresponding expense or asset account.

    • Accounts payable is a liability account that represents the amount owed to suppliers or vendors for goods or services received.

    • When recording the journal entry for accounts payable, the accounts payable account is credited to increase the liability.

    • The corresponding expense or asset account i...

  • Answered by AI
  • Q2. What is the journal entries for acvounts recievable
  • Ans. 

    Journal entries for accounts receivable record the increase and decrease in the amount owed by customers.

    • When a sale is made on credit, the journal entry debits accounts receivable and credits sales revenue.

    • When a customer makes a payment, the journal entry debits cash and credits accounts receivable.

    • If a customer returns goods, the journal entry debits sales returns and allowances and credits accounts receivable.

    • If an...

  • Answered by AI
Interview experience
3
Average
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before Apr 2023. There was 1 interview round.

Round 1 - Aptitude Test 

Basic concepts, journal entries.

Interview Preparation Tips

Interview preparation tips for other job seekers - Ensure your manager to be good ensure to understand you.

Hgs Services Interview FAQs

How many rounds are there in Hgs Services Accounting Specialist interview?
Hgs Services interview process usually has 2 rounds. The most common rounds in the Hgs Services interview process are Resume Shortlist and One-on-one Round.

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Hgs Services Accounting Specialist Interview Process

based on 1 interview

Interview experience

4
  
Good
View more

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