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Khandelwal & Associates Accounts Associate Interview Questions and Answers

Updated 11 Dec 2022

Khandelwal & Associates Accounts Associate Interview Experiences

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Accounts Associate Interview Questions & Answers

user image Bibek Mandal

posted on 11 Dec 2022

Interview experience
4
Good
Difficulty level
Easy
Process Duration
More than 8 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Jun 2022. There were 2 interview rounds.

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 - Interview 

(4 Questions)

  • Q1. Questions related to fundamentals of accounting
  • Q2. What are the Golden rules of accounting ?
  • Ans. 

    The Golden rules of accounting are basic principles to maintain accurate financial records.

    • The first rule is the Debit and Credit rule, which states that for every debit entry, there must be a corresponding credit entry.

    • The second rule is the Real Account rule, which states that all assets and liabilities have a debit and credit balance respectively.

    • The third rule is the Personal Account rule, which states that all tra...

  • Answered by AI
  • Q3. What are Accounting Standards (AS)? What is Ind-AS?
  • Ans. 

    Accounting Standards (AS) are guidelines for financial reporting. Ind-AS is the Indian version of International Financial Reporting Standards (IFRS).

    • AS are issued by the Institute of Chartered Accountants of India (ICAI) to ensure consistency and transparency in financial reporting.

    • Ind-AS is based on IFRS and is mandatory for certain companies in India.

    • Ind-AS aims to improve the quality of financial reporting and make ...

  • Answered by AI
  • Q4. What do mean by IFRS?
  • Ans. 

    IFRS stands for International Financial Reporting Standards.

    • IFRS is a set of accounting standards developed by the International Accounting Standards Board (IASB).

    • It is used by companies to prepare and present their financial statements.

    • IFRS is designed to provide a common language for business affairs so that company accounts are understandable and comparable across international boundaries.

    • Examples of IFRS include IF...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident on your answers. Don't mock the interviewer, answers the questions with honesty. Brush up your fundamentals knowledge about accounting before going for the interview. Knowledge includes- Journal Entries, Ledgers,Trial balance, Financial statements (Balance sheet and P&L a/c)

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Apr 2024. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Tell me about yourself? What is TDS and GST? Golden rules Sales entry? Accrued income and accrued expenses?

Interview Preparation Tips

Topics to prepare for Accenture Accounts Associate interview:
  • Accounting
Interview preparation tips for other job seekers - Be confident..
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Basic questions about process
Round 2 - Technical 

(1 Question)

  • Q1. They ask about your process your knowledge
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(3 Questions)

  • Q1. Account related
  • Q2. GST
  • Q3. TDS
Round 2 - One-on-one 

(2 Questions)

  • Q1. What is account
  • Q2. GSTR-1 AND GSTR 3B
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Oct 2024. There were 3 interview rounds.

Round 1 - One-on-one 

(1 Question)

  • Q1. Tell me about the time when you did something for the client out of your scope.
Round 2 - One-on-one 

(1 Question)

  • Q1. Tell me about the optimisation you did to increase ctr and cvr of the account
  • Ans. 

    Implemented ad copy testing, keyword optimization, and landing page improvements to increase CTR and CVR.

    • Conducted A/B testing on ad copies to identify high-performing messaging

    • Optimized keywords to target relevant audience and improve ad relevance

    • Made improvements to landing pages to enhance user experience and increase conversions

  • Answered by AI
Round 3 - HR 

(1 Question)

  • Q1. Whats your expected salary

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared, Be genuine about your self
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. What is Accounts payable
  • Ans. 

    Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.

    • Accounts payable is a liability on the balance sheet

    • It represents the amount of money owed by a company to its suppliers or vendors

    • It is typically recorded when goods or services are received but payment has not yet been made

    • Accounts payable is an important part of a company's working capital man

  • Answered by AI
  • Q2. What is Bank reconcilation statment
  • Ans. 

    Bank reconciliation statement is a document that compares the bank's records with the company's records to ensure they match.

    • It is used to identify any discrepancies between the two sets of records.

    • It includes items such as deposits in transit, outstanding checks, bank errors, and service charges.

    • The goal is to ensure the accuracy of the company's financial records and the bank's records.

    • Once discrepancies are identifi...

  • Answered by AI
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected

I was interviewed in Dec 2024.

Round 1 - Group Discussion 

Online marketing and offline marketing.

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Newspaper Ad and was interviewed in Aug 2024. There were 4 interview rounds.

Round 1 - Assignment 

The assignment involved the analysis the business problem and providing the detailed solution.

Round 2 - Group Discussion 

The group discussion focused on the topic. The impact of remote on productivity each participant was given two mintues to present the view follow by the open decision..

Round 3 - Case Study 

We were analysis the situation and identify the key issue

Round 4 - HR 

(5 Questions)

  • Q1. Tell me something about your self
  • Ans. 

    I am a detail-oriented and organized individual with a strong background in accounting and finance.

    • Bachelor's degree in Accounting

    • Experience with financial reporting and analysis

    • Proficient in using accounting software such as QuickBooks

    • Strong analytical skills and attention to detail

    • Excellent communication and interpersonal skills

  • Answered by AI
  • Q2. Why do you want work here
  • Ans. 

    I am passionate about finance and eager to learn from experienced professionals in this industry.

    • I am drawn to the company's reputation for excellence in financial management.

    • I am excited about the opportunity to work with a talented team and contribute to the company's success.

    • I believe this role will provide me with valuable experience and help me grow in my career.

  • Answered by AI
  • Q3. What do you see yourself in 5 years
  • Ans. 

    In 5 years, I see myself as a senior Account Assistant, taking on more responsibilities and contributing to the growth of the company.

    • Continuing to excel in my role as an Account Assistant

    • Taking on leadership roles within the accounting department

    • Completing additional certifications or training to enhance my skills

    • Contributing to the company's financial success through strategic decision-making

    • Mentoring junior staff me

  • Answered by AI
  • Q4. Why should we hiring you
  • Ans. 

    I am a detail-oriented and organized individual with a strong background in accounting and a proven track record of accuracy and efficiency.

    • I have a Bachelor's degree in Accounting and X years of experience in the field.

    • I am proficient in using accounting software such as QuickBooks and Excel.

    • I have a strong attention to detail and can ensure accurate financial records.

    • I am a team player and can effectively communicate...

  • Answered by AI
  • Q5. What motivate you at work
  • Ans. 

    I am motivated at work by the opportunity to learn and grow, the satisfaction of completing tasks successfully, and the positive impact I can make on the team and organization.

    • Opportunity to learn and grow

    • Satisfaction of completing tasks successfully

    • Positive impact on team and organization

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Deloitte Account Assistant interview:
  • Group discussion
  • HR
  • Case study
  • Technical
  • assignment
  • aptitude
Interview preparation tips for other job seekers - Search the company
Build the network
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I was interviewed in Nov 2024.

Round 1 - HR 

(2 Questions)

  • Q1. Introduction About our self
  • Ans. 

    I am a dedicated and experienced Executive Accountant with a strong background in financial management and strategic planning.

    • I have over 10 years of experience in accounting and finance

    • I have a proven track record of successfully managing budgets and financial reporting

    • I am skilled in financial analysis and forecasting

    • I have a strong understanding of GAAP and financial regulations

    • I have excellent communication and lea

  • Answered by AI
  • Q2. What is Accounting Types of Accounts
  • Ans. 

    Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.

    • Accounting involves recording financial transactions of a business.

    • Types of accounts include assets, liabilities, equity, revenue, and expenses.

    • Assets are resources owned by the business, like cash and inventory.

    • Liabilities are obligations of the business, such as loans and accounts payable.

    • Equity represen...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - You can give opportunity to show my performance
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Sep 2024. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about ur self
  • Ans. 

    I am a dedicated and experienced Executive Accountant with a strong background in financial management and analysis.

    • I have over 8 years of experience in accounting and finance

    • I have a proven track record of successfully managing budgets and financial reporting

    • I am skilled in financial analysis, forecasting, and strategic planning

    • I have a Bachelor's degree in Accounting and a CPA certification

    • I am proficient in using ac

  • Answered by AI
  • Q2. GST TDS Regarding Basic provison

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident

Khandelwal & Associates Interview FAQs

How many rounds are there in Khandelwal & Associates Accounts Associate interview?
Khandelwal & Associates interview process usually has 2 rounds. The most common rounds in the Khandelwal & Associates interview process are Resume Shortlist.
What are the top questions asked in Khandelwal & Associates Accounts Associate interview?

Some of the top questions asked at the Khandelwal & Associates Accounts Associate interview -

  1. What are Accounting Standards (AS)? What is Ind-...read more
  2. What are the Golden rules of accountin...read more
  3. What do mean by IF...read more

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