Kanakia Group Finance Executive Interview Questions and Answers

Experienced finance executive with a strong background in financial analysis and strategic planning.

• Over 10 years of experience in finance roles

• Skilled in financial modeling and forecasting

• Led successful cost-saving initiatives resulting in increased profitability

• Strong track record of building and managing high-performing teams

Ind AS 116 is a new lease accounting standard that replaces the existing Ind AS 17.

• Ind AS 116 requires lessees to recognize most leases on their balance sheets as assets and liabilities.

• It eliminates the classification of leases as either operating leases or finance leases.

• Lessees must now recognize a right-of-use asset and a lease liability for almost all leases.

• The standard also introduces new disclosure requirements...read more