ICRA Manager Interview Questions and Answers

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

I have completed various projects in my previous roles, including leading a team to develop a new software application.

• Led a team to develop a new software application for a client in the finance industry

• Managed multiple projects simultaneously, ensuring timely delivery and high quality results

• Implemented process improvements that resulted in a 20% increase in efficiency

• Collaborated with cross-functional teams to achie

I can bring an AUM book that includes details of assets under management for the company.

• The AUM book will contain information on the total value of assets managed by the company.

• It will include details on different types of assets such as stocks, bonds, real estate, etc.

• The AUM book may also provide insights into the performance of the assets over time.

• Having access to the AUM book can help in making informed decision...read more