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Lawrence & Mayo Accountant Interview Questions and Answers

Updated 21 May 2021

Lawrence & Mayo Accountant Interview Experiences

1 interview found

Accountant Interview Questions & Answers

user image Anonymous

posted on 21 May 2021

Interview Questionnaire 

3 Questions

  • Q1. How can do data verification
  • Ans. 

    Data verification can be done by comparing data against a trusted source or using software tools.

    • Verify data accuracy by comparing it against a trusted source

    • Use software tools like data validation rules or checksums to ensure data integrity

    • Perform data cleansing to remove duplicates or errors

    • Conduct manual checks to identify anomalies or inconsistencies

    • Implement data security measures to prevent unauthorized access or

  • Answered by AI
  • Q2. Export & Import related
  • Q3. What is the cost accounting
  • Ans. 

    Cost accounting is the process of identifying, measuring, analyzing, and allocating costs associated with a product or service.

    • It helps in determining the cost of production and pricing of products

    • It involves tracking and analyzing all costs associated with the production process

    • It helps in identifying areas where cost savings can be made

    • It is used by businesses to make informed decisions about pricing, production, and...

  • Answered by AI

Skills evaluated in this interview

Interview questions from similar companies

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

I applied via campus placement at Ramaiah Institute of Technology, Bengaluru and was interviewed in Mar 2023. 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 - Technical 

(2 Questions)

  • Q1. Basic Journal Entries, GST, VAT, Sales, Bank Reconciliation, Cash Flow
  • Q2. Discounts Journal Entries VAT payable entries Balance sheet item's Income And Expenses Sales Entries GAAP details

Interview Preparation Tips

Interview preparation tips for other job seekers - Better to prepare Basic Journal Entries and learn VAT & GST, Royalty Entries, Discounts, Sales & Purchase, Gift Voucher e.t.c
Interview experience
2
Poor
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - HR 

(2 Questions)

  • Q1. Do you know the multiple languages
  • Ans. 

    Yes, I am fluent in English, Spanish, and French.

    • I am fluent in English, Spanish, and French

    • I have experience working with clients who speak these languages

    • I am able to communicate effectively in all three languages

  • Answered by AI
  • Q2. What's yours highest qualification
  • Ans. 

    I have a Master's degree in Accounting.

    • Master's degree in Accounting

    • Specialized knowledge in financial reporting and analysis

    • Advanced understanding of tax laws and regulations

    • Proficient in using accounting software and tools

    • Experience in managing financial records and audits

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Try to learn 3 or 4 languages
Telugu
Hindi
English

I applied via Naukri.com and was interviewed in Aug 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Previous company profile,TdS,Followup

Interview Preparation Tips

Interview preparation tips for other job seekers - Na
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Oct 2022. There were 3 interview rounds.

Round 1 - Case Study 

They asked some core retail accounting. case study

Round 2 - Case Study 

Some technical core accounting retail process asked relates to Loyality, Vouchers issued by co., Baddebts, provision etc

Round 3 - One-on-one 

(1 Question)

  • Q1. Salary package and company policy

Interview Preparation Tips

Interview preparation tips for other job seekers - Fundamental of Accounting, Excel, Oracle
Interview experience
2
Poor
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - HR 

(2 Questions)

  • Q1. Do you know the multiple languages
  • Ans. 

    Yes, I am fluent in English, Spanish, and French.

    • I am fluent in English, Spanish, and French

    • I have experience working with clients who speak these languages

    • I am able to communicate effectively in all three languages

  • Answered by AI
  • Q2. What's yours highest qualification
  • Ans. 

    I have a Master's degree in Accounting.

    • Master's degree in Accounting

    • Specialized knowledge in financial reporting and analysis

    • Advanced understanding of tax laws and regulations

    • Proficient in using accounting software and tools

    • Experience in managing financial records and audits

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Try to learn 3 or 4 languages
Telugu
Hindi
English
Round 1 - HR 

(1 Question)

  • Q1. Tell me about yourself.
  • Ans. 

    I am an experienced accountant with a strong attention to detail and a passion for numbers.

    • Experienced accountant with X years of experience

    • Strong attention to detail and accuracy

    • Proficient in financial analysis and reporting

    • Excellent knowledge of accounting principles and regulations

    • Ability to work with various accounting software

    • Managed financial records and prepared financial statements

    • Collaborated with cross-functi...

  • Answered by AI
Round 2 - Aptitude Test 

Oo

Interview Preparation Tips

Interview preparation tips for other job seekers - Very simple to get job here. If you are from goc
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
More than 8 weeks
Result
Selected Selected

I applied via campus placement at Ramaiah Institute of Technology, Bengaluru and was interviewed in Mar 2023. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Double-check your resume for any spelling mistakes. The recruiter may consider spelling mistakes as careless behavior or poor communication skills.
View all tips
Round 2 - Technical 

(2 Questions)

  • Q1. Basic Journal Entries, GST, VAT, Sales, Bank Reconciliation, Cash Flow
  • Q2. Discounts Journal Entries VAT payable entries Balance sheet item's Income And Expenses Sales Entries GAAP details

Interview Preparation Tips

Interview preparation tips for other job seekers - Better to prepare Basic Journal Entries and learn VAT & GST, Royalty Entries, Discounts, Sales & Purchase, Gift Voucher e.t.c
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Oct 2022. There were 3 interview rounds.

Round 1 - Case Study 

They asked some core retail accounting. case study

Round 2 - Case Study 

Some technical core accounting retail process asked relates to Loyality, Vouchers issued by co., Baddebts, provision etc

Round 3 - One-on-one 

(1 Question)

  • Q1. Salary package and company policy

Interview Preparation Tips

Interview preparation tips for other job seekers - Fundamental of Accounting, Excel, Oracle

I applied via Naukri.com and was interviewed before Sep 2021. There were 2 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. The interview was very good and challenging
  • Q2. All journal entries related to sales and voucher
Round 2 - One-on-one 

(1 Question)

  • Q1. Previous company working experience questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Only interview will be good and informative and you will be happy for that

Lawrence & Mayo Interview FAQs

What are the top questions asked in Lawrence & Mayo Accountant interview?

Some of the top questions asked at the Lawrence & Mayo Accountant interview -

  1. How can do data verificat...read more
  2. What is the cost account...read more
  3. Export & Import rela...read more

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Lawrence & Mayo Accountant Salary
based on 23 salaries
₹2.6 L/yr - ₹5 L/yr
21% more than the average Accountant Salary in India
View more details

Lawrence & Mayo Accountant Reviews and Ratings

based on 2 reviews

3.0/5

Rating in categories

1.2

Skill development

2.0

Work-Life balance

3.0

Salary & Benefits

2.8

Job Security

1.2

Company culture

1.0

Promotions/Appraisal

1.0

Work Satisfaction

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