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Nspira Management Services Accountant Interview Questions and Answers

Updated 22 Nov 2022

Nspira Management Services Accountant Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in May 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 - HR 

(2 Questions)

  • Q1. Explain in detail about accounts
  • Ans. 

    Accounts refer to the financial records of an organization that track its transactions and financial position.

    • Accounts are used to record financial transactions such as sales, purchases, and expenses.

    • They help in tracking the financial position of an organization by maintaining records of assets, liabilities, and equity.

    • Accounts are classified into different categories such as revenue, expenses, assets, liabilities, an...

  • Answered by AI
  • Q2. Explain about gst and it's pro's and cons
  • Ans. 

    GST is a value-added tax levied on goods and services in India.

    • Pro's: Simplifies tax structure, reduces tax evasion, promotes ease of doing business

    • Cons: Initial implementation challenges, increased compliance burden for small businesses

    • Example: GST replaced multiple indirect taxes like VAT, service tax, excise duty, etc.

    • Example: GST has different tax rates for different goods and services, ranging from 0% to 28%

    • Exampl...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Nspira Management Services Accountant interview:
  • Final Accounts
  • Accounts Reconciliation
Interview preparation tips for other job seekers - Don't fear of interviews and be confident with answers while answering. Just explain about what you are aware of. Prepare well

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
Hard
Process Duration
2-4 weeks
Result
Selected Selected

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

Round 1 - HR 

(2 Questions)

  • Q1. What is accounting
  • Ans. 

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

    • Accounting involves recording financial transactions such as sales, purchases, and expenses.

    • It includes summarizing the financial data into financial statements like balance sheets and income statements.

    • Accounting also involves analyzing the financial information to provide insights for decision-making.

    • Rep...

  • Answered by AI
  • Q2. What is journal
  • Ans. 

    A journal is a detailed record of financial transactions in chronological order.

    • A journal is used to record all financial transactions of a business.

    • It includes the date, description, and amount of each transaction.

    • Journals are typically organized by accounts, such as cash, accounts receivable, and accounts payable.

    • The information recorded in a journal is later transferred to the general ledger for financial reporting.

    • ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - It is nice interview
Interview experience
1
Bad
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I appeared for an interview in Feb 2025, where I was asked the following questions.

  • Q1. Difference Between forward and future contracts
  • Ans. 

    Forward contracts are private agreements, while futures are standardized and traded on exchanges.

    • Forward contracts are customized agreements between two parties, while futures are standardized contracts traded on exchanges.

    • Futures contracts have daily settlement and margin requirements, whereas forward contracts settle at the end of the contract period.

    • Example: A farmer may enter a forward contract to sell wheat at a s...

  • Answered by AI
  • Q2. Explain what are swaps
  • Ans. 

    Swaps are financial derivatives where two parties exchange cash flows or liabilities to manage risk or speculate.

    • Types of swaps include interest rate swaps, currency swaps, and commodity swaps.

    • In an interest rate swap, one party pays a fixed interest rate while receiving a variable rate, and vice versa.

    • Currency swaps involve exchanging principal and interest payments in different currencies, useful for hedging foreign ...

  • Answered by AI
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed before Apr 2023. There were 2 interview rounds.

Round 1 - HR 

(1 Question)

  • Q1. General HE questions such as previous work experience and expected salary
Round 2 - Group Discussion 

Some technical questions regarding the role such as journal entries and definition of terms

Interview Preparation Tips

Interview preparation tips for other job seekers - Come prepared and take notes from their website

Accountant Interview Questions & Answers

KPMG India user image Maria Theresa Nikitha. J

posted on 11 Feb 2023

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Campus Placement and was interviewed in Jan 2023. There were 3 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 - Coding Test 

Interaction between two person, share their knowledge, skills and relevant qualifications for the position.

Round 3 - Aptitude Test 

Aptitude test is to test the candidates IQ level and their grasping power towards organizations... Using tricky mathematics to test candidates knowledge.

Interview Preparation Tips

Interview preparation tips for other job seekers - Examine the job description
Research the company
Research the interviewer
Think about the skills you have offered
Rehares your answer

I appeared for an interview before Oct 2021.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me something about yourself
  • Q2. Shaee your experience

Interview Preparation Tips

Interview preparation tips for other job seekers - It's good opportunity for carrier. Good experience for interviews.

Interview Questionnaire 

2 Questions

  • Q1. Tax related technical
  • Q2. VEry good
Round 1 - Technical 

(4 Questions)

  • Q1. What is CMMI expand and what is sweep account. What is marginal cost what js expense nd expenditure
  • Ans. 

    CMMI is a process improvement model. Sweep account is a bank account. Marginal cost is the cost of producing one additional unit. Expense is a cost incurred in the normal course of business. Expenditure is a payment made for goods or services.

    • CMMI stands for Capability Maturity Model Integration and is a process improvement model used in software development.

    • Sweep account is a bank account that automatically transfers ...

  • Answered by AI
  • Q2. What is depreciation what is fixed assets some eg. What is capital gains
  • Ans. 

    Depreciation is the decrease in value of an asset over time. Fixed assets are long-term assets that are not easily converted to cash. Capital gains are profits from the sale of an asset.

    • Depreciation is the allocation of the cost of an asset over its useful life

    • Fixed assets are tangible assets that are expected to provide economic benefits for more than one year

    • Examples of fixed assets include buildings, machinery, and ...

  • Answered by AI
  • Q3. What is capital exp .what is the abbreviation for debtors
  • Ans. 

    Capital exp refers to expenses incurred for acquiring or improving fixed assets. Abbreviation for debtors is DR.

    • Capital exp is a long-term investment in assets that will benefit the company for many years.

    • Examples of capital exp include purchasing a new building or machinery.

    • Debtors are customers who owe money to the company for goods or services provided.

    • The abbreviation for debtors is DR, which is used in accounting

  • Answered by AI
  • Q4. What is the abbreviations for creditor
  • Ans. 

    The abbreviation for creditor is CR.

    • CR stands for creditor

    • CR is used in accounting and finance

    • CR is the opposite of debtor (DR)

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - I want a job which suits my personality and as well I'll wrk hard on my wrk nd make sure I wont let down the company

I applied via AmbitionBox and was interviewed in Feb 2022. There were 3 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 - Aptitude Test 

Reasoning, Aptitude, English, finance

Round 3 - HR 

(4 Questions)

  • Q1. What are your salary expectations?
  • Q2. What is your family background?
  • Q3. Why should we hire you?
  • Q4. Tell me about yourself.

Interview Preparation Tips

Interview preparation tips for other job seekers - 1. Know Your Company Values.
2. Do a Company Health Check.
3. Calculate in the (potential) Commute.
4. Consider What Will You Learn.

Interview Questionnaire 

1 Question

  • Q1. What is the main objectives of Deloitte company...?

Interview Preparation Tips

Interview preparation tips for other job seekers - How many rounds in interview of Deloitte company...?

Nspira Management Services Interview FAQs

How many rounds are there in Nspira Management Services Accountant interview?
Nspira Management Services interview process usually has 2 rounds. The most common rounds in the Nspira Management Services interview process are Resume Shortlist and HR.
How to prepare for Nspira Management Services Accountant interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Nspira Management Services. The most common topics and skills that interviewers at Nspira Management Services expect are Accounting, Auditing, Balance Sheet, Finance and Financial Reporting.
What are the top questions asked in Nspira Management Services Accountant interview?

Some of the top questions asked at the Nspira Management Services Accountant interview -

  1. Explain about gst and it's pro's and c...read more
  2. Explain in detail about accou...read more

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Nspira Management Services Accountant Interview Process

based on 4 interviews

Interview experience

2.3
  
Poor
View more
Nspira Management Services Accountant Salary
based on 120 salaries
₹1.2 L/yr - ₹4.2 L/yr
16% less than the average Accountant Salary in India
View more details

Nspira Management Services Accountant Reviews and Ratings

based on 36 reviews

4.0/5

Rating in categories

3.8

Skill development

3.4

Work-life balance

2.8

Salary

3.7

Job security

3.7

Company culture

2.8

Promotions

3.5

Work satisfaction

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