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Pierian Services Interview Questions, Process, and Tips

Updated 17 Jan 2025

Top Pierian Services Interview Questions and Answers

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Pierian Services Interview Experiences

Popular Designations

28 interviews found

Accountant Interview Questions & Answers

user image Anonymous

posted on 8 Jul 2023

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

I applied via Referral and was interviewed before Jul 2022. There was 1 interview round.

Round 1 - One-on-one 

(4 Questions)

  • Q1. What is the golden rule of accounting?
  • Ans. 

    The golden rule of accounting is to debit the receiver and credit the giver.

    • Debit the receiver, credit the giver

    • Assets = Liabilities + Equity

    • Revenue increases equity, expenses decrease equity

    • Helps maintain the balance in financial statements

  • Answered by AI
  • Q2. Accounting concepts
  • Q3. What is the journal entry for a credit purchase?
  • Ans. 

    The journal entry for a credit purchase involves crediting accounts payable and debiting the corresponding expense account.

    • Credit the accounts payable account to reflect the increase in liability

    • Debit the corresponding expense account to show the decrease in assets

    • Example: Journal entry for a credit purchase of $500 of office supplies - Debit Office Supplies Expense $500, Credit Accounts Payable $500

  • Answered by AI
  • Q4. How do you handle prepaid expenses?
  • Ans. 

    Prepaid expenses are expenses paid in advance but not yet incurred. They are recorded as assets on the balance sheet until they are used up.

    • Prepaid expenses are initially recorded as assets on the balance sheet

    • As the expenses are incurred, they are gradually expensed on the income statement

    • Adjust prepaid expenses account at the end of each accounting period to reflect the portion that has been used up

    • Examples of prepai...

  • Answered by AI

Accountant Interview Questions asked at other Companies

Q1. What journal is made when purchase requisition is created
View answer (25)
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. What is cashflow statement and it's activities
  • Ans. 

    Cashflow statement shows the inflow and outflow of cash in a business over a specific period of time.

    • Cashflow statement is divided into three main activities: operating, investing, and financing.

    • Operating activities include cash received from sales, payments to suppliers, and salaries paid to employees.

    • Investing activities include cash spent on purchasing assets like equipment or investments like stocks.

    • Financing activ...

  • Answered by AI
  • Q2. What is entry for sale of fixed asset
  • Ans. 

    The entry for the sale of a fixed asset involves recording the proceeds received and removing the asset from the balance sheet.

    • Debit the Cash or Bank account for the amount received from the sale

    • Credit the Fixed Asset account for the original cost of the asset

    • Credit the Accumulated Depreciation account for the total depreciation accumulated on the asset

    • Any difference between the sale proceeds and the net book value of ...

  • Answered by AI
Round 2 - Technical 

(1 Question)

  • Q1. What is entry for sales provision?
  • Ans. 

    Sales provision entry is a journal entry made to account for potential future losses on sales.

    • Sales provision is a liability account on the balance sheet.

    • It is created when there is a likelihood of returns, discounts, or warranty claims on sales already made.

    • The entry involves debiting the provision for sales account and crediting the relevant expense account (e.g. provision for sales returns).

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident in answers

Financial Controller Interview Questions asked at other Companies

Q1. What is goodwill, how to calculate, what is negative goodwill, how to recognise in case of business combination?
View answer (1)
Pierian Services Interview Questions and Answers for Freshers
illustration image
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Naukri.com and was interviewed in Jul 2024. There was 1 interview round.

Round 1 - Technical 

(1 Question)

  • Q1. SOX testing and compliance

Associate Consultant Interview Questions asked at other Companies

Q1. There are 2 cricket teams, A and B, with 11 players each. If every player of team A shakes hands with every player of team B(once), what will be the total number of handshakes?
View answer (15)
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed in May 2024. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about yourself
  • Q2. What are you achievements and how you would be able to contribute in the role expected

Financial Controller Interview Questions asked at other Companies

Q1. What is goodwill, how to calculate, what is negative goodwill, how to recognise in case of business combination?
View answer (1)

Pierian Services interview questions for popular designations

 Executive

 (5)

 Accountant

 (3)

 Senior Executive

 (3)

 Financial Controller

 (2)

 Executive Accountant

 (2)

 Business Analyst

 (1)

 Process Associate

 (1)

 Associate Consultant

 (1)

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. Technical in regards to GST
  • Q2. In regards to GST
Round 2 - Technical 

(1 Question)

  • Q1. GST and tds and technical

Consultant Interview Questions & Answers

user image Anonymous

posted on 19 Jul 2024

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. Tell us about yourself
  • Q2. Why do you want to switch

Consultant Interview Questions asked at other Companies

Q1. How would you pass an entry for travel expenses incurred and paid by employee and was reimbursed? How would the end to end flow happens
View answer (8)

Jobs at Pierian Services

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Executive Interview Questions & Answers

user image Anonymous

posted on 4 Oct 2023

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

I applied via Walk-in and was interviewed in Sep 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all Resume tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Basic accounting question
Round 3 - One-on-one 

(1 Question)

  • Q1. Golden rules of accounting
  • Ans. 

    The golden rules of accounting are basic principles that guide the process of recording financial transactions.

    • The three golden rules are: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.

    • These rules ensure that the accounting equation (Assets = Liabilities + Equity) remains balanced.

    • For example, when a company receives cash from a custo...

  • Answered by AI

Executive Interview Questions asked at other Companies

Q1. How will you start RS method Development for known drug product?
View answer (16)

Executive Accountant Interview Questions & Answers

user image Poornimakr96@gmail.com Poornima

posted on 5 Mar 2024

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
Not Selected

I applied via LinkedIn

Round 1 - Aptitude Test 

Aptitude test
There will be 4 sections
English grammer, maths, reasoning and logical thinking

Interview Preparation Tips

Interview preparation tips for other job seekers - Group discussion

Executive Accountant Interview Questions asked at other Companies

Q1. What is P2P cycle , 3 way match , and what will you do if Approvals are missing in case of Non PO Invoices.
View answer (4)

Executive Interview Questions & Answers

user image Anonymous

posted on 25 Jul 2023

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

I applied via Referral and was interviewed in Jan 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all Resume tips
Round 2 - Technical 

(3 Questions)

  • Q1. Tell me about yourself
  • Q2. Walk me through your resume
  • Q3. Explain any three provisions and you treat them
  • Ans. 

    Provisions in a contract, how to treat them

    • Provision 1: Termination clause - clearly outline conditions for termination and consequences

    • Provision 2: Indemnification clause - specify who is responsible for legal costs in case of a lawsuit

    • Provision 3: Confidentiality clause - detail how sensitive information should be handled and protected

  • Answered by AI
Round 3 - Behavioral 

(2 Questions)

  • Q1. Tell me about yourself
  • Q2. General discussion about job role

Interview Preparation Tips

Interview preparation tips for other job seekers - Have a crisp resume. Have it reviewed from people in that particular domain. Be strong basics. And communicate clearly.

Executive Interview Questions asked at other Companies

Q1. How will you start RS method Development for known drug product?
View answer (16)
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Feb 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 Resume tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Process knowledge management skills and others
Round 3 - One-on-one 

(1 Question)

  • Q1. Confiddnce and other skills were tested

Interview Preparation Tips

Interview preparation tips for other job seekers - Overall it was good experience and job has been offered to me

Senior Manager Interview Questions asked at other Companies

Q1. 1. What you understand the requirement of shuttering material at project site?
View answer (19)
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Pierian Services Interview FAQs

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

Some of the top questions asked at the Pierian Services interview -

  1. What is the journal entry for a credit purcha...read more
  2. What is cashflow statement and it's activit...read more
  3. What is the golden rule of accounti...read more
How long is the Pierian Services interview process?

The duration of Pierian Services interview process can vary, but typically it takes about less than 2 weeks to complete.

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Pierian Services Interview Process

based on 31 interviews

Interview experience

4.2
  
Good
View more

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Pierian Services Reviews and Ratings

based on 350 reviews

3.6/5

Rating in categories

3.3

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3.4

Work-life balance

3.2

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3.5

Job security

3.3

Company culture

3.0

Promotions

3.3

Work satisfaction

Explore 350 Reviews and Ratings
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