Kalyani Forge Finance Manager Interview Questions and Answers

IND AS 109 is a financial reporting standard that deals with the accounting for financial instruments.

• IND AS 109 is based on the International Financial Reporting Standards (IFRS) 9.

• It covers the classification, measurement, and recognition of financial assets and liabilities.

• It requires entities to measure financial instruments at fair value, with changes in fair value recognized in profit or loss.

• It also introduces n...read more

To close month end, review financial transactions, reconcile accounts, prepare financial statements, and analyze variances.

• Review all financial transactions for accuracy and completeness

• Reconcile accounts to ensure all transactions are accounted for

• Prepare financial statements such as income statement, balance sheet, and cash flow statement

• Analyze variances between actual and budgeted amounts to identify any discrepanc...read more