NIIT University Accountant Interview Questions and Answers for Experienced

Q1. What are your salary expectations?
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Q2. What is your family background?
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Q3. Share details of your previous job.
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Q4. Tell me about yourself.
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They give you a google form type assessment test in which you have to solve accounting questions.

Q1. It's a telephonic interview and interviewer in a so much hurry like a bullet train and very rude (Foram gandhi) she said i am going to ask some question and you have to answer quickly and if you don't know...read more
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Q2. This one is not a question but a review, Actually HR will call you again and again for reminders but once they decide that they don't want to hire you even your interview was good, just because they find a...read more
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Q1. Tell me about your self
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Q2. How old are you? What is the qualifications
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Q1. What is R to R?
Ans. 
R to R stands for Record to Report, which is a set of activities performed by accountants to ensure accurate financial reporting.
• R to R involves processes such as data collection, journal entries, reconciliations, and financial statement preparation.

• It is essential for maintaining transparency, compliance with regulations, and providing stakeholders with reliable financial information.

• Example: An accountant may perform...read more
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Q2. About Income Tax Return
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Q1. What is your accounting experience in the industry?
Ans. 
I have over five years of accounting experience in various industries, focusing on financial reporting and compliance.
• Managed financial statements for a mid-sized manufacturing company, ensuring accuracy and compliance with GAAP.

• Conducted monthly reconciliations and variance analysis, identifying discrepancies and implementing corrective actions.

• Prepared tax returns and worked closely with external auditors during annu...read more
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Q2. What is your level of knowledge regarding Goods and Services Tax (GST), Value Added Tax (VAT), and Tax Deducted at Source (TDS)?
Ans. 
I have a comprehensive understanding of GST, VAT, and TDS, including their implications for businesses and compliance requirements.
• GST is a single tax on the supply of goods and services, replacing multiple indirect taxes in India.

• VAT is a consumption tax levied on the value added to goods at each stage of production or distribution.

• TDS is a tax deducted at the source of income, applicable to various payments like sala...read more
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Q3. How many members did you manage in your last company?
Ans. 
In my last company, I managed a team of five accountants, fostering collaboration and efficiency in our financial operations.
• Led a team of 5 accountants, overseeing daily financial tasks and ensuring accuracy in reporting.

• Implemented a new accounting software that improved team productivity by 20%.

• Conducted regular training sessions to enhance team skills and knowledge in accounting standards.

• Facilitated weekly meeting...read more
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Q4. How much salary draw on last company?
Ans. 
My last salary was competitive, reflecting my experience and contributions to the company.
• My last drawn salary was $70,000 annually, which included bonuses.

• I received a 5% raise each year based on performance evaluations.

• In addition to my base salary, I had benefits like health insurance and a retirement plan.
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