ICON Plc Senior Financial Analyst Interview Questions and Answers

Q1. Unbilled & Unearned differences, Revenue recognition
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Q2. % of completion method, forecasting, busgeting and experience based
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It is just excel testing for Vlookup, sumif, pivot, if & AND, Bar charts preparation, variance analysis between actuals & budgets

Q1. Witj director of finance - experience based questions
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Q2. Experience based questions
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Q1. What i accrual entry
Ans. 
An accrual entry is a journal entry made to record revenue or expenses that have been earned or incurred, but have not yet been received or paid.
• Accrual entries are used to match revenues and expenses to the period in which they are earned or incurred, regardless of when the cash is actually received or paid.

• For example, if a company provides services in December but does not receive payment until January, an accrual e...read more
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Q2. Difference between budgeting and forcasting
Ans. 
Budgeting involves setting financial goals and allocating resources, while forecasting involves predicting future financial outcomes based on current data.
• Budgeting is the process of creating a detailed plan for the future that outlines expected revenues and expenses.

• Forecasting involves using historical data and trends to predict future financial outcomes.

• Budgeting is more focused on setting financial targets and allo...read more
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Q3. Search it in google
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Excel workbook test, analysis the company performance

Q1. More on previous experience and ask for th le analysis
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Q1. Personal details
Ans. How you will know that this company
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