HSBC Group Scrum Master Interview Questions and Answers for Experienced

Accrual and difference between US GAAP and IFRS

• Accrual accounting recognizes revenue and expenses when they are incurred, regardless of when cash is received or paid

• US GAAP and IFRS differ in their treatment of certain accounting principles, such as revenue recognition, inventory valuation, and lease accounting

• Under US GAAP, revenue recognition is generally more prescriptive, while IFRS allows more judgment and flexibi...read more

Optimizing SQL Joins involves using proper indexing, limiting the result set, and avoiding unnecessary joins.

• Use indexes on columns involved in join conditions to improve performance

• Limit the result set by using WHERE clause to filter out unnecessary rows before joining

• Avoid unnecessary joins by only joining the tables that are needed for the query

Optimizing performance involves setting clear goals, providing feedback, offering training and development opportunities, and fostering a positive work environment.

• Set clear goals and expectations for employees

• Provide regular feedback and recognition for good performance

• Offer training and development opportunities to help employees improve their skills

• Create a positive work environment that promotes collaboration and c...read more