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Philips Accounting Specialist Interview Questions and Answers

Updated 11 Jun 2024

Philips Accounting Specialist Interview Experiences

4 interviews found

Round 1 - Aptitude Test 

Maths,accounts,English, communication skills were tested

Round 2 - Technical 

(2 Questions)

  • Q1. What is depreciation entry
  • Ans. 

    Depreciation entry is a journal entry made to record the decrease in value of an asset over time.

    • Depreciation entry is recorded in the general ledger to reflect the reduction in the value of an asset.

    • It involves debiting the depreciation expense account and crediting the accumulated depreciation account.

    • Depreciation entry is typically made at the end of an accounting period.

    • The amount of depreciation is calculated base...

  • Answered by AI
  • Q2. What is accruals,prepaid, and other accounting terms.
  • Ans. 

    Accruals are expenses incurred but not yet paid, prepaid are payments made in advance, and other accounting terms include depreciation, amortization, and journal entries.

    • Accruals are expenses that have been incurred but not yet paid for, such as salaries or rent.

    • Prepaid expenses are payments made in advance for goods or services, such as insurance premiums or rent.

    • Depreciation is the gradual decrease in value of an ass...

  • Answered by AI
Round 3 - One-on-one 

(1 Question)

  • Q1. Past work experience and any solution given for past problem

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared for all technical skills be it basic accounting, Taxation and work done in resume in the past.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Jun 2023. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. About your self
  • Q2. Based previous experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Best of luck

Accounting Specialist Interview Questions Asked at Other Companies

asked in Philips
Q1. What is accruals,prepaid, and other accounting terms.
asked in Conduent
Q2. What is the journal entry for depreciation
asked in Conduent
Q3. What is the journal entry to increase stock
Q4. What is most important skills an accounting person should have?
asked in Philips
Q5. What is depreciation entry
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 Resume tips
Round 2 - Technical 

(1 Question)

  • Q1. Ifrs questions and accounting
Round 3 - HR 

(1 Question)

  • Q1. Why we should hire u

Interview Preparation Tips

Interview preparation tips for other job seekers - Be you and be confident you will crack it and you can ask further questions
Interview experience
4
Good
Difficulty level
Easy
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Sep 2022. There were 4 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 Resume tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Basic accounting questions, accrual concept, accounting for Cash-in-transit, etc
Round 3 - One-on-one 

(1 Question)

  • Q1. Internal controls case scenario, Ind AS, etc
Round 4 - HR 

(1 Question)

  • Q1. CTC negotiation

Philips interview questions for designations

 Senior Accounting Specialist

 (1)

 Sales Specialist

 (2)

 Data Specialist

 (2)

 HR Specialist

 (1)

 Quality Specialist

 (1)

 Clinical Application Specialist

 (2)

 Senior Software Specialist

 (1)

 Senior Accounts Executive

 (1)

Interview questions from similar companies

I was interviewed before May 2016.

Interview Preparation Tips

Round: Test
Duration: 1 hour
Total Questions: 90

Round: Group Discussion
Duration: 20 minutes

Interview Questionnaire 

1 Question

  • Q1. Situation based, technical and about yourself

Interview Preparation Tips

Interview preparation tips for other job seekers - Be genuine, don’t bluff, read everything about the company and job role

I applied via Walk-in and was interviewed before Jan 2021. There were 3 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Past experience
  • Q2. Reasons for joining
  • Q3. Expected Salary

Interview Preparation Tips

Interview preparation tips for other job seekers - Be true to yourself and answer honestly. Clearly explain need for switching.

Interview Questionnaire 

2 Questions

  • Q1. Multiple
  • Q2. Multiple.

Interview Preparation Tips

Round: Test
Experience: Graph problem.
First step was to formulate the question into graph problem.

Then solve using standard graph algo (Dijkstra, bellmen ford, e.tc).
Tips: Practice writing whole code without using standard library.
Duration: 3 hours
Total Questions: 1

Round: Technical Interview
Experience: Question related to dfs.
Asked about networking, OS and integers.

One puzzle.(available on geeksforgeeks)
Tips: Prepare for puzzle. Generally they go for standard puzzle.

Round: Technical Interview
Experience: It was mostly related to technical project and internship.

General discussion on machine learning.
Tips: Prepare for the projects mentioned on the resume

Round: HR Interview
Experience: He was testing me regarding how I will explain a technical project to a non-technical guy.. And also general HR questions like why u want to join Samsung and other similar questions.
Tips: Nothing new.

Skills: Basic programming stuff. , Algorithm, Graph Theory, Machine Learning, Problem Solving Skills
College Name: IIT Kharagpur

Software Developer Interview Questions & Answers

Samsung user image Gaurav Srikant Mokhasi

posted on 3 Dec 2015

Interview Preparation Tips

Round: PRE PLACEMENT OFFER
Experience: Interns (both CS and IT) were selected in my third year. Pre-placement offers were rolled out to 16 of us which was roughly a conversion ratio of 1:3. A couple of ECE hires were added when SRI-B visited campus later.

General Tips: If you're in CS or IT, this is the only format your resume should be in: -----
Take your internship seriously. Have fun and all but also get your project done. It's not the end of the world if you don't get a PPO. Campus placements are tension-filled, no doubt, but a lot of people get equally good if not better jobs after missing out on PPOs.
Make sure you talk to your manager about the PPO process. She will be the one giving you your final review. So ensure that she knows you want the job. Prepare a fancy presentation for the HR. By fancy, I mean slick and professional. Think Apple, not flashy Microsofty graphics and stupid word art.
Skill Tips: Google GSAT (Global Samsung Aptitude Test) a week before the test and make sure you practice some similar CAT type questions. Questions are of medium difficulty and time management is a real issue (most of us were unable to finish properly). - I didn't have to use these but I've heard good things about codechef/topCoder and books such as Cracking the Coding Interview by Gayle Laakmann McDowell.
Skills:
College Name: NIT Surathkal

Interview Preparation Tips

Round: Test
Experience: The first consisted of an online test which had an aptitude section which was pretty simply and then a programming section consisting of three different programs. The programs were logical required basic knowledge of array, sorting and a little bit of data structures.

Round: Technical Interview
Experience: Around 13 of us were shortlisted for the interview round, B.Tech and M.Tech included. The interview round was mostly interactive, where we had to mention about the various interns that we went through. A few programming questions were asked based on topics which we were comfortable with.
Tips: Just get used to coding, data structures and basic aptitude. GRE preparation as such helped me.

Round: HR Interview
Experience: Finally there was a HR round in which I was asked as to why I would like to work in Samsung R&D and general things about interests and future plans. On the whole Samsung took 3 B.Tech students and 2 M.Tech students when they came for placements apart from PPOs.

General Tips: Personally I feel that one should apply in only those companies in which they are sure of having job satisfaction. So don't apply to companies which you are not interested in just for the sake of having a backup because once you are placed you do not have a second chance.
Do not get dejected if you do not get through in the first few tries. Keep your hopes up and be confident when ever you get to interview rounds. Try to be assertive when giving answers. It is some times exhausting to go through placements but the moment you get placed you will have the best feeling ever.
Skill Tips: Just chill and take the test. Once you clear the online test, irrespective of your pointer if you have a good profile you can convince the interviewers.
Skills:
College Name: NIT Surathkal
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Philips Interview FAQs

How many rounds are there in Philips Accounting Specialist interview?
Philips interview process usually has 2-3 rounds. The most common rounds in the Philips interview process are One-on-one Round, Technical and Resume Shortlist.
How to prepare for Philips Accounting Specialist 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 Philips. The most common topics and skills that interviewers at Philips expect are Accounting, Auditing, Business Services, IFRS and Continuous Improvement.
What are the top questions asked in Philips Accounting Specialist interview?

Some of the top questions asked at the Philips Accounting Specialist interview -

  1. What is accruals,prepaid, and other accounting ter...read more
  2. What is depreciation en...read more
  3. Basic accounting questions, accrual concept, accounting for Cash-in-transit, ...read more

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Philips Accounting Specialist Interview Process

based on 2 interviews

Interview experience

4.5
  
Good
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Philips Accounting Specialist Salary
based on 74 salaries
₹4.5 L/yr - ₹12.1 L/yr
59% more than the average Accounting Specialist Salary in India
View more details

Philips Accounting Specialist Reviews and Ratings

based on 9 reviews

4.1/5

Rating in categories

3.9

Skill development

3.9

Work-life balance

3.7

Salary

3.9

Job security

4.4

Company culture

3.4

Promotions

3.8

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