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Ircon International Assistant Manager Finance & Accounts Interview Questions and Answers

Updated 4 Jul 2022

Ircon International Assistant Manager Finance & Accounts Interview Experiences

1 interview found

I applied via Campus Placement and was interviewed in Jun 2022. There was 1 interview round.

Round 1 - Technical 

(1 Question)

  • Q1. About journal entry , Caro , company details

Interview Preparation Tips

Interview preparation tips for other job seekers - Don't be nervous about interview, introduction should be perfect

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Interview Questionnaire 

1 Question

  • Q1. Revenue recognition standard applicable for Construction industry & Manufacturing Industry in IndAS
  • Ans. 

    The revenue recognition standard for the construction industry is Ind AS 115, while for the manufacturing industry it is Ind AS 18.

    • For the construction industry, Ind AS 115 provides guidance on when to recognize revenue from contracts with customers.

    • Under Ind AS 115, revenue is recognized over time using the percentage of completion method or at a point in time when control of the asset is transferred to the customer.

    • F...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare through of IndAS
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed before Apr 2022.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Technical 

(2 Questions)

  • Q1. 1. Journal entry of sales 2. Recent amendments in taxation
  • Ans. 

    Journal entry of sales and recent amendments in taxation

    • Journal entry of sales involves debiting the cash or accounts receivable account and crediting the sales account

    • Recent amendments in taxation include changes in tax rates, tax laws, and tax policies

    • For example, the recent amendment in the US tax law is the Tax Cuts and Jobs Act of 2017

  • Answered by AI
  • Q2. 3.Basic journal entries 4. Cost audit requirements

Interview Preparation Tips

Interview preparation tips for other job seekers - Questions asked are not difficult.
Simple and Basic

Interview Questionnaire 

1 Question

  • Q1. Revenue recognition standard applicable for Construction industry & Manufacturing Industry in IndAS
  • Ans. 

    The revenue recognition standard for the construction industry is Ind AS 115, while for the manufacturing industry it is Ind AS 18.

    • For the construction industry, Ind AS 115 provides guidance on when to recognize revenue from contracts with customers.

    • Under Ind AS 115, revenue is recognized over time using the percentage of completion method or at a point in time when control of the asset is transferred to the customer.

    • F...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare through of IndAS

Ircon International Interview FAQs

How many rounds are there in Ircon International Assistant Manager Finance & Accounts interview?
Ircon International interview process usually has 1 rounds. The most common rounds in the Ircon International interview process are Technical.

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