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infinzi - AZG Consulting LLP Accounts & Finance Executive Interview Questions and Answers
infinzi - AZG Consulting LLP Accounts & Finance Executive Interview Experiences
1 interview found
Anonymous
Selected
I applied via Indeed and was interviewed in Aug 2022. There were 2 interview rounds.
(2 Questions)
- Q1. About Personal Details
- Q2. Flexibility for travelling
- Ans.
I am flexible for travelling as per the job requirement.
I am willing to travel for work-related purposes
I have experience in travelling for business meetings and conferences
I am comfortable with adjusting my schedule to accommodate travel plans
I am open to travelling domestically and internationally
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I applied via Recruitment Consultant and was interviewed in Nov 2021. There were 3 interview rounds.
Interview Questionnaire
7 Questions
- Q1. Sales entry
- Q2. Golden rules of accounting
- Ans.
The golden rules of accounting are basic principles that guide the recording of financial transactions.
The first golden rule is the Personal Account rule, which states that debit the receiver and credit the giver.
The second golden rule is the Real Account rule, which states that debit what comes in and credit what goes out.
The third golden rule is the Nominal Account rule, which states that debit all expenses and losse
- Q3. Discount on sales entry
- Q4. Provision meaning
- Q5. Provision for bad debts
- Ans.
Provision for bad debts is an estimated amount set aside by a company to cover potential losses from customers who may not pay their debts.
Provision for bad debts is a common practice in accounting to ensure that a company's financial statements accurately reflect the potential losses from unpaid debts.
The provision is based on an estimate of the percentage of outstanding debts that are likely to go bad.
The provision i...
- Q6. Bad debts meaning
- Q7. Previous organization process
- Ans.
In my previous organization, the finance process was streamlined and efficient.
Implemented automated invoicing system which reduced errors and saved time
Conducted regular audits to ensure compliance with financial regulations
Collaborated with cross-functional teams to develop and monitor budgets
Maintained accurate financial records and generated reports for management
Managed accounts payable and receivable, including t
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I was interviewed before Oct 2021.
(2 Questions)
- Q1. Tell me something about yourself
- Q2. Shaee your experience
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Interview Questionnaire
2 Questions
- Q1. Tax related technical
- Q2. VEry good
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...
- 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
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I applied via Referral and was interviewed in Jul 2022. There were 2 interview rounds.
(1 Question)
- Q1. Need in accounting and auditing role
(1 Question)
- Q1. Accounting and auditing role
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Interview Questionnaire
1 Question
- Q1. What is the main objectives of Deloitte company...?
Interview Preparation Tips
deepa k
I applied via LinkedIn and was interviewed in Jun 2024. There were 2 interview rounds.
Online based aptitude test which included accounts. journal and ledger
(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...
- 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
- 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...
(1 Question)
- Q1. Previous job experience
I applied via Campus Placement and was interviewed in Jan 2023. There were 3 interview rounds.
Interaction between two person, share their knowledge, skills and relevant qualifications for the position.
Aptitude test is to test the candidates IQ level and their grasping power towards organizations... Using tricky mathematics to test candidates knowledge.
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Research the company
Research the interviewer
Think about the skills you have offered
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infinzi - AZG Consulting LLP Interviews By Designations
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infinzi - AZG Consulting LLP Accounts & Finance Executive Interview Process
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