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Larsen & Toubro Limited
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Larsen & Toubro Limited Cost and Management Accountant Interview Questions, Process, and Tips
Top Larsen & Toubro Limited Cost and Management Accountant Interview Questions and Answers
- Q1. What is ind is relevant to revenue recognition
- Q2. Which AS got 4eplaced by ind as 115
- Q3. Ind as 115 detailed explanation
Larsen & Toubro Limited Cost and Management Accountant Interview Experiences
2 interviews found
Selected
I applied via Referral and was interviewed before Aug 2022. There were 3 interview rounds.
They will be asking related to our subject and also some aptitude test
Related to our external things and some external topics they will ask
Interview Preparation Tips
I applied via Campus Placement and was interviewed before Apr 2021. There were 3 interview rounds.
(2 Questions)
- Q1. What is ind is relevant to revenue recognition
- Ans.
Ind AS 115 is relevant to revenue recognition
Ind AS 115 is a new revenue recognition standard introduced by the Institute of Chartered Accountants of India (ICAI)
It provides a single, comprehensive framework for revenue recognition across all industries
It replaces the previous revenue recognition standards, including Ind AS 18 and Ind AS 11
It requires companies to recognize revenue when control of goods or services is ...
- Q2. Which AS got 4eplaced by ind as 115
- Ans.
Ind AS 115 replaced AS 9.
Ind AS 115 is the new revenue recognition standard in India.
It replaced AS 9, which was the previous standard for revenue recognition.
Ind AS 115 is based on the IFRS 15 standard.
It provides a single, comprehensive framework for revenue recognition across all industries.
The new standard requires companies to recognize revenue when control of goods or services is transferred to the customer.
It al...
(2 Questions)
- Q1. Ind as 115 detailed explanation
- Ans.
Ind AS 115 is a new revenue recognition standard that replaces existing revenue recognition standards.
Ind AS 115 provides a single, comprehensive revenue recognition model for all contracts with customers.
It requires companies to recognize revenue when control of goods or services is transferred to the customer.
The standard also requires companies to disclose more information about their revenue recognition policies an...
- Q2. Explain return on investment
- Ans.
Return on investment is a measure of profitability that evaluates the efficiency of an investment.
ROI is calculated by dividing the net profit by the cost of investment.
It is expressed as a percentage.
ROI helps in comparing the profitability of different investments.
A higher ROI indicates a better return on investment.
For example, if an investment of $100 generates a profit of $20, the ROI would be 20%.
Interview Preparation Tips
Interview questions from similar companies
Selected
I applied via Naukri.com and was interviewed before Nov 2023. There was 1 interview round.
(2 Questions)
- Q1. Basic accounting questions
- Q2. Only basic accounting questions
Interview Preparation Tips
Selected
I applied via LinkedIn and was interviewed in Mar 2023. There were 3 interview rounds.
(1 Question)
- Q1. Tell me about Yourself
(1 Question)
- Q1. General questions, Journal entries
Selected
I applied via Company Website and was interviewed in Sep 2022. There were 2 interview rounds.
(3 Questions)
- Q1. Why do you want to work for Halliburton
- Q2. Why do you want to leave your current role
- Q3. What makes you a different candidate from others?
I applied via LinkedIn and was interviewed in Jan 2022. There were 2 interview rounds.
(1 Question)
- Q1. How and why do we accrue the expenses, deferred revenue and reconciliation related questions.
- Ans.
Accruing expenses, deferred revenue, and reconciliation are important for accurate financial reporting.
Accruing expenses involves recognizing expenses that have been incurred but not yet paid.
Deferred revenue is recognized when payment has been received but the revenue has not yet been earned.
Reconciliation ensures that the financial records are accurate and match with external sources.
Accruing expenses and deferred re...
(1 Question)
- Q1. Work experience related and also related to the requirements.
- Ans. Be a good listener and answer only to what they questioned. Give example of scenarios and entries.
Interview Preparation Tips
I applied via Naukri.com and was interviewed in Dec 2020. There were 2 interview rounds.
Interview Questionnaire
5 Questions
- Q1. What is month end activity?
- Ans.
Month end activity refers to the tasks and processes that are completed at the end of each month to close out financial records.
Reconciling bank accounts
Preparing financial statements
Posting adjusting journal entries
Reviewing accounts receivable and payable
Closing out temporary accounts
Performing inventory counts
Preparing tax filings
Analyzing financial performance
- Q2. Try to prepare about this question
- Q3. Prepare question about accruals
- Q4. Prepare about journal entry
- Q5. Prepare about accounting concepts
Interview Preparation Tips
Executive Accountant Interview Questions & Answers
Megha Engineering & Infrastructures
Anonymous
posted on 3 Apr 2021
I applied via Naukri.com and was interviewed before Apr 2020. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Tax systems and GST
Interview Preparation Tips
I applied via Naukri.com and was interviewed before Feb 2020. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Related to my profile, fixed assets, cash management, general accounting
Interview Preparation Tips
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Larsen & Toubro Limited Cost and Management Accountant Reviews and Ratings
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Assistant Manager
3.8k
salaries
|  ₹6.2 L/yr - ₹20.2 L/yr |
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Senior Engineer
3.4k
salaries
| ₹4.5 L/yr - ₹12.5 L/yr |
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Assistant Construction Manager
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| ₹6 L/yr - ₹16.6 L/yr |
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Engineer
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| ₹1.6 L/yr - ₹9.3 L/yr |
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