Kay Kay Overseas Corporation Account Assistant Interview Questions and Answers

Experienced Executive Accountant with a strong background in financial analysis and reporting.

• Over 10 years of experience in accounting and finance

• Expertise in financial analysis, budgeting, and forecasting

• Strong knowledge of GAAP and financial regulations

• Proven track record of improving financial processes and efficiency

• Excellent communication and leadership skills

Seeking new challenges and opportunities for growth.

• Desire for new challenges and opportunities

• Looking to expand skill set and experience

• Seeking better work-life balance

• Company restructuring or changes in management

TDS section applicable for vendor payments is Section 194C.

• Section 194C of the Income Tax Act applies to payments made to contractors and subcontractors for work or services rendered.

• TDS is deducted at a specified rate when the payment exceeds a certain threshold.

• The current TDS rate under Section 194C is 1% for individual or HUF payers and 2% for other payers.

• If the vendor provides a valid PAN, TDS is deducted at a lo...read more

Standard operating procedure for accounts payable involves receiving invoices, verifying accuracy, obtaining approvals, processing payments, and maintaining records.

• Receive invoices from vendors

• Verify accuracy of invoices against purchase orders and receipts

• Obtain necessary approvals for payment

• Process payments through approved payment methods

• Maintain detailed records of all transactions

I am committed to the company's long-term success and growth.

• I have a track record of staying with companies for several years, demonstrating loyalty and dedication.

• I am excited about the opportunity to contribute to the company's growth and success over the long term.

• I have a strong interest in the industry and see potential for personal and professional growth within the company.

• I am willing to invest time and effort...read more

I am looking for a competitive salary that reflects my experience and skills.

• Research the average salary range for Executive Accountants in your area

• Consider your years of experience and qualifications

• Be prepared to negotiate based on the company's budget and benefits package

To file GST returns, you need to log in to the GST portal, fill in the required details, and submit the return online.

• Log in to the GST portal using your credentials

• Select the option to file GST returns

• Fill in the details such as sales, purchases, and input tax credit

• Verify the details and submit the return online

• Make the payment of tax due, if any