Oracle Lead Financial Analyst Interview Questions and Answers

Cognitive thinking analytical behavioural logical thinking and creativity and calculation

Q1. What is ifrs standard 15
Ans. 
IFRS 15 is a revenue recognition standard that outlines principles for recognizing revenue from contracts with customers.
• IFRS 15 provides a single, comprehensive framework for revenue recognition

• It specifies the criteria for recognizing revenue at an amount that reflects the consideration to which an entity expects to be entitled

• The standard also requires entities to disclose sufficient information to enable users to u...read more
Answered by AI
Add your answer
Q2. Do you know about us gaap to ifrs reconciliation
Ans. 
US GAAP to IFRS reconciliation involves aligning financial statements prepared under US GAAP with those prepared under IFRS.
• US GAAP and IFRS have different accounting standards and principles

• Reconciliation involves adjusting financial statements to ensure they comply with IFRS standards

• Differences in revenue recognition, lease accounting, and financial instruments are common areas requiring reconciliation
Answered by AI
Add your answer

Q1. Why are you interested in Microsoft
Add your answer
Q2. Tell me about yourself
Add your answer

Q1. What is your favorite Microsoft product
Add your answer
Q2. Why does Microsoft still use bing even though it’s not the best product
Ans. 
Microsoft still uses Bing due to its integration with other products, potential for growth, and competition with Google.
• Integration with other Microsoft products like Windows and Office

• Potential for growth in areas like AI and voice search

• Competition with Google to maintain market share
Answered by AI
Add your answer

Q1. More about previous job profile
Add your answer
Q2. How can you contribute to our existing process
Ans. 
I can contribute by implementing efficient financial controls, streamlining processes, and providing accurate financial reporting.
• Implementing robust financial controls to prevent fraud and errors

• Streamlining processes to improve efficiency and reduce costs

• Providing accurate and timely financial reporting to support decision-making

• Identifying areas for cost savings and revenue generation

• Collaborating with other departm
Answered by AI
Add your answer

Q1. More about previous job profile
Add your answer
Q2. How you can contribute to our existing process
Ans. 
I can contribute by streamlining processes, implementing cost-saving measures, and improving financial reporting.
• Implementing automation tools to streamline financial processes

• Identifying and implementing cost-saving measures to improve profitability

• Enhancing financial reporting accuracy and timeliness through improved systems and controls
Answered by AI
Add your answer

Social media platforms

Grammar and logical question

Q1. Regarding job roles and responsibilities
Add your answer

Q1. How to handle the critical questions, how to work on under pressure, process related questions
Add your answer

Q1. Explain your current role procedure.
Add your answer
Q2. How do you handle escalations and other challenges?
Add your answer

Q1. What are your salary expectations ?
Add your answer

Various scenarios were provided based on revenue, sales, and full-time equivalent (FTE) positions.

Project,practical subimmision

Case study is an indepth,examination for particular case real world.