IBM Financial Accountant Interview Questions, Process, and Tips

About work of that company

About work of that company

Q1. Self introduction
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Q2. My strength and weakness
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Q1. About family background
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Q2. Long term short term goal
Ans. 
My long-term goal is to become a Certified Public Accountant and eventually work my way up to a senior financial management position within a reputable company.
• Obtain CPA certification within the next 3-5 years

• Gain experience in financial analysis and reporting

• Attend leadership development programs to enhance management skills

• Work towards a promotion to a senior financial management role
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Q1. Introduction about my self
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Q2. Intrest about my self
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Q1. Why we have to hire you
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Q2. Are you relocating
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B.Manisha currently working in therumala traders HYD location in WFM

Q1. How do you work performance in our company so what is main importance of the accountancy minimum of basics of knowledge
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Q2. How do you prepare of ledger posting
Ans. 
Ledger posting involves recording financial transactions in the appropriate accounts.
• Identify the accounts affected by the transaction

• Determine the type of account (asset, liability, equity, revenue, expense)

• Debit or credit the appropriate account based on the transaction type

• Record the transaction in the general ledger

• Ensure accuracy and completeness of the posting
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Q3. How to you prepare EMI and balance sheet end of the month or year reporting how to prepare
Ans. 
To prepare EMI and balance sheet end of the month or year reporting, follow these steps:
• Ensure all transactions are recorded accurately and completely

• Reconcile bank statements and other accounts

• Prepare adjusting entries for accruals and deferrals

• Organize accounts into appropriate categories for the balance sheet

• Calculate EMI based on loan amount, interest rate, and term

• Verify accuracy of all calculations

• Prepare financi...read more
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Q4. What we are considered profit or loss how to create in your point of you
Ans. 
Profit or loss is created by comparing revenue and expenses.
• Profit is created when revenue exceeds expenses.

• Loss is created when expenses exceed revenue.

• Net income is calculated by subtracting expenses from revenue.

• Profit and loss statement shows the financial performance of a company.

• Profitability ratios like gross profit margin and net profit margin are used to analyze profit or loss.

• Accrual accounting recognizes rev...read more
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Q5. Why are you in this company prefer
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Q6. I am suggest for me also please try to understand me work from home
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Yourself details and self motivation