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Ibg Fincon Solutions Accountant Interview Questions and Answers

Updated 9 Feb 2024

Ibg Fincon Solutions Accountant Interview Experiences

1 interview found

Accountant Interview Questions & Answers

user image Anonymous

posted on 9 Feb 2024

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed in Jan 2024. There were 3 interview rounds.

Round 1 - Aptitude Test 

In aptitude test alltype of Questions are asked

Round 2 - One-on-one 

(2 Questions)

  • Q1. Relavant Question are asked
  • Q2. Relavent questions are asked
Round 3 - HR 

(1 Question)

  • Q1. Basic and relavent Question asked.

Interview Preparation Tips

Interview preparation tips for other job seekers - Good company for freshers..
All seniors employees are very supportive at the time of interview sessions

Accountant Jobs at Ibg Fincon Solutions

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Interview questions from similar companies

Interview experience
2
Poor
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Previous job experience
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via LinkedIn and was interviewed in Jun 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

Online based aptitude test which included accounts. journal and ledger

Round 2 - Technical 

(3 Questions)

  • Q1. Whats your experrince in taxation
  • Ans. 

    I have over 5 years of experience in taxation, including preparing tax returns, conducting tax research, and advising clients on tax planning strategies.

    • Prepared individual and business tax returns accurately and efficiently

    • Conducted tax research to stay up-to-date on changing tax laws and regulations

    • Advised clients on tax planning strategies to minimize tax liabilities

    • Assisted with IRS audits and resolving tax issues

    • W...

  • Answered by AI
  • Q2. What is accounting rules
  • Ans. 

    Accounting rules are guidelines and principles that govern the preparation of financial statements and ensure consistency and accuracy.

    • Accounting rules help ensure that financial information is recorded accurately and consistently.

    • They provide guidelines on how to classify, measure, and report financial transactions.

    • Examples of accounting rules include the matching principle, revenue recognition principle, and the hist

  • Answered by AI
  • Q3. Heads of income amd their explanations
  • Ans. 

    Heads of income refer to different categories under which income is classified for tax purposes.

    • Heads of income include salary, house property, business or profession, capital gains, and other sources.

    • Salary income includes income from employment, bonuses, allowances, etc.

    • House property income includes rental income from properties owned by the individual.

    • Business or profession income includes income from self-employme...

  • Answered by AI

Interview Questionnaire 

2 Questions

  • Q1. What is brs?
  • Ans. 

    BRS stands for Bank Reconciliation Statement, which is a statement that compares the bank balance as per bank statement with the balance as per company's books.

    • BRS helps in identifying any discrepancies between the bank statement and company's books

    • It ensures that all transactions are recorded accurately

    • It helps in detecting any fraudulent activities

    • Example: If the bank statement shows a different balance than the comp...

  • Answered by AI
  • Q2. What is book keeping?
  • Ans. 

    Bookkeeping is the process of recording financial transactions and maintaining financial records.

    • Bookkeeping involves recording all financial transactions of a business.

    • It includes maintaining records of income, expenses, assets, and liabilities.

    • Bookkeeping is essential for preparing financial statements and tax returns.

    • Examples of bookkeeping tasks include recording sales, tracking expenses, and reconciling bank state

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - be quick in answering

I was interviewed before Oct 2021.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me something about yourself
  • Q2. Shaee your experience

Interview Preparation Tips

Interview preparation tips for other job seekers - It's good opportunity for carrier. Good experience for interviews.

Interview Questionnaire 

2 Questions

  • Q1. Tax related technical
  • Q2. VEry good

Interview Questionnaire 

1 Question

  • Q1. What is the main objectives of Deloitte company...?

Interview Preparation Tips

Interview preparation tips for other job seekers - How many rounds in interview of Deloitte company...?

I applied via AmbitionBox and was interviewed in Feb 2022. There were 3 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 - Aptitude Test 

Reasoning, Aptitude, English, finance

Round 3 - HR 

(4 Questions)

  • Q1. What are your salary expectations?
  • Q2. What is your family background?
  • Q3. Why should we hire you?
  • Q4. Tell me about yourself.

Interview Preparation Tips

Interview preparation tips for other job seekers - 1. Know Your Company Values.
2. Do a Company Health Check.
3. Calculate in the (potential) Commute.
4. Consider What Will You Learn.
Round 1 - Technical 

(4 Questions)

  • Q1. What is CMMI expand and what is sweep account. What is marginal cost what js expense nd expenditure
  • Ans. 

    CMMI is a process improvement model. Sweep account is a bank account. Marginal cost is the cost of producing one additional unit. Expense is a cost incurred in the normal course of business. Expenditure is a payment made for goods or services.

    • CMMI stands for Capability Maturity Model Integration and is a process improvement model used in software development.

    • Sweep account is a bank account that automatically transfers ...

  • Answered by AI
  • Q2. What is depreciation what is fixed assets some eg. What is capital gains
  • Ans. 

    Depreciation is the decrease in value of an asset over time. Fixed assets are long-term assets that are not easily converted to cash. Capital gains are profits from the sale of an asset.

    • Depreciation is the allocation of the cost of an asset over its useful life

    • Fixed assets are tangible assets that are expected to provide economic benefits for more than one year

    • Examples of fixed assets include buildings, machinery, and ...

  • Answered by AI
  • Q3. What is capital exp .what is the abbreviation for debtors
  • Ans. 

    Capital exp refers to expenses incurred for acquiring or improving fixed assets. Abbreviation for debtors is DR.

    • Capital exp is a long-term investment in assets that will benefit the company for many years.

    • Examples of capital exp include purchasing a new building or machinery.

    • Debtors are customers who owe money to the company for goods or services provided.

    • The abbreviation for debtors is DR, which is used in accounting

  • Answered by AI
  • Q4. What is the abbreviations for creditor
  • Ans. 

    The abbreviation for creditor is CR.

    • CR stands for creditor

    • CR is used in accounting and finance

    • CR is the opposite of debtor (DR)

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - I want a job which suits my personality and as well I'll wrk hard on my wrk nd make sure I wont let down the company
Interview experience
3
Average
Difficulty level
Easy
Process Duration
-
Result
Selected Selected

I was interviewed in Jul 2024.

Round 1 - HR 

(2 Questions)

  • Q1. Tell me your self
  • Ans. 

    I am a detail-oriented accountant with 5 years of experience in financial reporting and analysis.

    • I have a Bachelor's degree in Accounting from XYZ University.

    • I am proficient in using accounting software such as QuickBooks and SAP.

    • I have experience preparing monthly financial statements and analyzing variances.

    • I am skilled in budgeting and forecasting.

    • I have excellent communication and interpersonal skills.

  • Answered by AI
  • Q2. What is currently CTC
  • Ans. 

    Current CTC refers to the total salary package of an employee including all benefits and allowances.

    • CTC includes salary, bonuses, benefits, and allowances

    • It does not include deductions like taxes or insurance premiums

    • Example: An employee's CTC is $60,000 per year

  • Answered by AI

Ibg Fincon Solutions Interview FAQs

How many rounds are there in Ibg Fincon Solutions Accountant interview?
Ibg Fincon Solutions interview process usually has 3 rounds. The most common rounds in the Ibg Fincon Solutions interview process are Aptitude Test, One-on-one Round and HR.
How to prepare for Ibg Fincon Solutions Accountant interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Ibg Fincon Solutions. The most common topics and skills that interviewers at Ibg Fincon Solutions expect are Accounting, Auditing, Balance Sheet, Corporate Communication and Corporate Finance.
What are the top questions asked in Ibg Fincon Solutions Accountant interview?

Some of the top questions asked at the Ibg Fincon Solutions Accountant interview -

  1. Basic and relavent Question ask...read more
  2. Relavant Question are as...read more
  3. Relavent questions are as...read more

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Ibg Fincon Solutions Accountant Interview Process

based on 1 interview

Interview experience

5
  
Excellent
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Accountant Interview Questions from Similar Companies

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Ibg Fincon Solutions Accountant Salary
based on 5 salaries
₹1.8 L/yr - ₹3.5 L/yr
16% less than the average Accountant Salary in India
View more details
Accountant

Pune

5-8 Yrs

Not Disclosed

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