Northern Trust Accountant Interview Questions and Answers

Talent to show the platform

It’s about to speak about 1 min of my village

Q1. Tel me about your self What is golden rule of accounting What is bank reconciliation statement etc…
Ans. 
I am a detail-oriented accountant with experience in financial analysis and reporting. The golden rule of accounting is to debit the receiver and credit the giver. Bank reconciliation statement is a process of matching the balances in a company's accounting records to the corresponding information on a bank statement.
• Golden rule of accounting: Debit the receiver, credit the giver

• Bank reconciliation statement: Matching ...read more
Answered by AI
Add your answer

An aptitude test measures your capabilities in specific areas.

True-or-false. True-or-false questions can be useful in all three types of interview assessment tests.

Q1. Behavioral interview questions are questions based on how you acted in a specific situation.
Add your answer
Q2. Give us an example of a goal you failed to meet, and how you handled the situation.
Add your answer

Problem solving, decision making, numerical ability

Q1. Which shift would you prefer to work?
Ans. 
I would prefer to work the day shift.
• I am most productive during the day and prefer to have my evenings free.

• I enjoy working in a well-lit environment and find it easier to focus during daylight hours.

• I am comfortable with the typical working hours of a day shift, which usually start in the morning and end in the late afternoon.

• I am able to maintain a better work-life balance with a day shift as it allows me to spend q...read more
Answered by AI
Add your answer

Q1. Introduction questions
Add your answer
Q2. Why we should hire you?
Add your answer

There was one online exam

Q1. Type of derivatives
Ans. 
Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.
• Derivatives can be categorized into options, futures, forwards, and swaps.

• Options give the holder the right, but not the obligation, to buy or sell an asset at a specific price within a specific time frame.

• Futures are contracts to buy or sell an asset at a predetermined price on a specified date in the future.

• Forwar...read more
Answered by AI
Add your answer
Q2. What is NAV and its formula
Ans. 
NAV stands for Net Asset Value, which is the value of a fund's assets minus its liabilities.
• NAV is calculated by subtracting the total value of a fund's liabilities from the total value of its assets.

• The formula for NAV is (Total Assets - Total Liabilities) / Total Number of Outstanding Shares.

• NAV is used to determine the price at which investors can buy or sell shares of a mutual fund or ETF.
Answered by AI
Add your answer

Basic accounting questions

Q1. What is financial market
Ans. 
Financial market is a platform where buyers and sellers trade financial securities, commodities, and other fungible items.
• Financial markets facilitate the exchange of assets such as stocks, bonds, currencies, and derivatives.

• They provide a platform for companies to raise capital through issuing stocks or bonds.

• Financial markets can be categorized into primary markets (new securities are issued) and secondary markets (e...read more
Answered by AI
Add your answer
Q2. What is investment banking
Ans. 
Investment banking involves providing financial services to corporations, governments, and other institutions.
• Facilitates mergers and acquisitions

• Underwrites securities offerings

• Provides financial advisory services

• Assists with raising capital for clients

• Engages in trading and market-making activities
Answered by AI
Add your answer
Q3. What is Net Asset Value
Ans. 
Net Asset Value (NAV) is the value of a fund's assets minus its liabilities, divided by the number of shares outstanding.
• NAV is calculated by subtracting the fund's liabilities from its assets.

• The result is then divided by the number of shares outstanding to determine the NAV per share.

• NAV is used to determine the price at which investors can buy or sell shares of the fund.

• It is an important metric for investors to tra
Answered by AI
Add your answer

Q1. Tell me about yourself
Add your answer
Q2. Journal entries
Add your answer
Q3. Talk on current affairs
Add your answer

Q1. All about derivatives
Add your answer
Q2. All About Journal entries
Add your answer

Physiological test it's very useful how to handle teams and work