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Financial reporting preparation involves compiling and presenting financial information to stakeholders.
Gathering financial data from various sources
Organizing and analyzing the data to create financial statements
Ensuring compliance with accounting standards and regulations
Communicating the financial results to stakeholders
Preparing reports for management decision-making
Examples: Balance sheet, income statement, cash f
Identifying important information from a cashflow involves analyzing key components such as operating activities, investing activities, and financing activities.
Look for trends in operating cash flow to assess the company's ability to generate cash from its core business operations.
Analyze investing activities to understand how the company is investing its cash in assets such as property, plant, and equipment.
Examine f...
Financial Controller must communicate effectively with stakeholders to understand their needs and concerns.
Establish open lines of communication with stakeholders
Understand the needs and concerns of each stakeholder group
Maintain transparency and provide regular updates on financial performance
Address any issues or conflicts promptly and professionally
Collaborate with stakeholders to achieve common goals
Build strong re...
I ensure clear communication channels and establish strong relationships with department heads to facilitate information retrieval.
Establish regular communication with department heads to stay updated on key information
Implement efficient systems for data collection and reporting
Build strong relationships with team members to encourage open communication and collaboration
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I applied via Company Website and was interviewed in Sep 2023. There were 2 interview rounds.
I applied via LinkedIn and was interviewed in Jan 2023. There were 2 interview rounds.
Auditing accrual involves reviewing financial records to ensure that expenses and revenues are accurately recorded.
Review supporting documentation for accruals
Ensure that accruals are recorded in the correct period
Verify that accruals are based on reasonable estimates
Check for any potential errors or fraud
Compare actual expenses and revenues to accruals
Perform a reconciliation of accrual accounts
This is the main round... If you crack this round you r selected as a fresher
I applied via AmbitionBox and was interviewed in Dec 2024. There were 2 interview rounds.
An aptitude test is beneficial for assessing knowledge.
The process for preparing a balance sheet and a profit and loss account involves gathering financial data, organizing it into categories, calculating totals, and analyzing the results.
Gather financial data including assets, liabilities, and equity for the balance sheet.
Organize the data into categories such as current assets, fixed assets, current liabilities, etc.
Calculate totals for each category to determine the ove...
The process for preparing a revenue account involves recording all income earned by a business during a specific period.
Gather all relevant financial documents such as sales invoices, receipts, and bank statements.
Calculate the total revenue earned by adding up all income sources.
Record the revenue in the appropriate accounting software or ledger.
Ensure all revenue is accurately categorized and any adjustments are made...
DSO stands for Days Sales Outstanding, which measures the average number of days it takes for a company to collect payment after a sale. WC stands for Working Capital, which is a measure of a company's operational efficiency and short-term financial health.
DSO measures how efficiently a company is managing its accounts receivable. Lower DSO indicates faster collection of payments.
WC is calculated by subtracting current...
Experienced project controller with a background in finance and strong analytical skills.
Over 5 years of experience in project controlling
Proficient in financial analysis and reporting
Skilled in budgeting and forecasting
Strong attention to detail and problem-solving abilities
I applied via Company Website and was interviewed in Aug 2024. There were 5 interview rounds.
About work of that company
About work of that company
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
I applied via Company Website and was interviewed in Dec 2024. There were 2 interview rounds.
What ever the assignment
I have 5 years of experience in financial accounting with strong skills in financial analysis, budgeting, and reporting.
5 years of experience in financial accounting
Strong skills in financial analysis, budgeting, and reporting
Proficient in using accounting software such as QuickBooks and SAP
Experience in preparing financial statements and conducting audits
Ability to analyze financial data and provide recommendations fo
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TCS
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