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Ocwen Financial Solutions
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Related to accounts and finance
I applied via Walk-in and was interviewed before Feb 2023. There were 3 interview rounds.
General accounting questions
Top trending discussions
I was interviewed before Oct 2016.
I am looking for a long-term career opportunity with growth potential.
I am seeking a stable and long-term position with opportunities for advancement.
I am committed to contributing to the company's success and growing with the organization.
I am looking for a role where I can continue to develop my skills and expertise over time.
The golden rules of accounts are basic principles that guide the recording of financial transactions.
The golden rules include the principles of debit and credit.
Debit the receiver, credit the giver.
Debit what comes in, credit what goes out.
Debit expenses and losses, credit income and gains.
Debit assets and expenses, credit liabilities, equity, and income.
Examples: Debiting cash when receiving payment, crediting account
I applied via Walk-in and was interviewed before Jan 2020. There was 1 interview round.
Impairment of assets refers to a decrease in the value of a company's assets.
Impairment occurs when the carrying value of an asset exceeds its recoverable amount.
It is recognized as a loss on the company's income statement.
Examples include a decline in market value, physical damage, or obsolescence.
Impairment testing is required annually for goodwill and indefinite-lived intangible assets.
Impairment can have a signific...
I applied via Naukri.com and was interviewed before Feb 2020. There were 3 interview rounds.
Accrued income and expenses are recognized but not yet received or paid, while deferred assets and liabilities are recognized but not yet earned or incurred.
Accrued income and expenses are recognized in the financial statements but not yet received or paid.
Deferred assets and liabilities are recognized in the financial statements but not yet earned or incurred.
Journal entries for accrued income and expenses involve deb...
I applied via Naukri.com and was interviewed before Apr 2020. There were 3 interview rounds.
I have experience working as a financial analyst in the past.
I have worked as a financial analyst for XYZ Company for 3 years.
During my time at XYZ Company, I was responsible for financial planning, budgeting, and forecasting.
I conducted financial analysis to identify trends, risks, and opportunities for improvement.
I prepared financial reports and presentations for senior management.
I also collaborated with cross-func...
I applied via Walk-in and was interviewed before Jun 2020. There was 1 interview round.
Goodwill is an intangible asset that represents the value of a company's reputation, brand, and customer relationships.
Goodwill is recorded on a company's balance sheet when it acquires another company for a price higher than the fair market value of its net assets.
It is considered an intangible asset because it cannot be physically touched or seen.
Goodwill can arise from factors such as strong customer loyalty, brand ...
I applied via Company Website and was interviewed before Feb 2021. There were 3 interview rounds.
English, Quantitative Aptitude, Reasoning, Finance
Depreciation is the decrease in value of tangible assets over time, while amortization is the decrease in value of intangible assets over time. Capital gains are profits made from selling assets at a higher price than their purchase price.
Depreciation applies to tangible assets like buildings, machinery, and vehicles, while amortization applies to intangible assets like patents, copyrights, and trademarks.
Depreciation ...
I applied via Referral and was interviewed in Mar 2020. There were 6 interview rounds.
Short term refers to a brief period of time, while long term refers to a more extended period.
Short term goals are achievable within a few weeks or months, while long term goals may take years to accomplish.
Short term decisions focus on immediate results, while long term decisions consider future consequences.
Short term investments have a lower risk but also a lower return, while long term investments have a higher ris...
I applied via Walk-in and was interviewed before Nov 2020. There were 3 interview rounds.
Budgeting involves creating a financial plan for a specific period, while forecasting predicts future financial outcomes.
Budgeting is a detailed plan that outlines expected income and expenses for a specific period, usually a year.
Forecasting is an estimate of future financial outcomes based on historical data and trends.
Budgeting focuses on setting financial targets and allocating resources accordingly.
Forecasting hel...
Revenue recognition concepts refer to the principles and guidelines used to determine when and how revenue should be recognized in financial statements.
Revenue should be recognized when it is earned and realized or realizable
Revenue recognition should be based on the substance of the transaction, not just the form
Revenue should be recognized at the fair value of the consideration received or receivable
Revenue recogniti...
based on 2 interviews
Interview experience
based on 16 reviews
Rating in categories
Senior Specialist
260
salaries
| ₹0 L/yr - ₹0 L/yr |
Specialist
257
salaries
| ₹0 L/yr - ₹0 L/yr |
Associate
233
salaries
| ₹0 L/yr - ₹0 L/yr |
Team Lead
180
salaries
| ₹0 L/yr - ₹0 L/yr |
Assistant Manager
178
salaries
| ₹0 L/yr - ₹0 L/yr |
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