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S.A.Associates Interview Questions and Answers
S.A.Associates Interview Experiences
1 interview found
Anonymous
Selected
I applied via Referral and was interviewed in Jan 2023. There were 3 interview rounds.
Cognitive and technical assessment,coding, communication test, interview.
(4 Questions)
- Q1. Tell your self introduction
- Ans. Hi sir, Good morning, Myself gudditi Siva Sankar varaprasad, I have completed my graduation in dec 2021 and commenced my career in sa associates and co-charted accountants in Jan 2022 .an audit firm my work experience includes day to day Accounting of bank transactions and preparation of Financial Statements to various clients mainly for private Ltd companies. Iam from puttarthi district, dharmavaram. My father is a fa
- Q2. What is accounting cycle?
- Ans.
The accounting cycle is a series of steps that businesses take to record financial transactions and prepare financial statements.
The accounting cycle typically includes steps such as analyzing transactions, journalizing, posting to the general ledger, preparing a trial balance, adjusting entries, preparing financial statements, closing entries, and preparing a post-closing trial balance.
Each step in the accounting cycl...
- Q3. What is a 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 also includes summarizing these transactions into financial statements like balance sheets and income statements.
Analyzing financial data to provide insights for decision-making is another key aspect of accountin...
- Q4. What is a balance sheet of the financial statements?
- Ans.
A balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
It provides a snapshot of a company's financial position.
Assets are listed on the left side, while liabilities and equity are on the right side.
The balance sheet follows the accounting equation: Assets = Liabilities + Shareholders' Equity.
It helps investors and analysts assess the fi...
Interview Preparation Tips
- Self introduction
- Accounting cycle
- Gaaps
- IFRS
- Bank Reconciliation Statement
- Iq-eq
- Accounting
- Journal entries
- Tally
- Opened ended funds
- Close ended funds
- Mutual funds and hedge funds di
- TDS
Accountant Interview Questions asked at other Companies
Interview questions from similar companies
I applied via Naukri.com and was interviewed before Dec 2020. There were 5 interview rounds.
Interview Questionnaire
1 Question
- Q1. Different Aspects of GST vis a vis erstwhile tax regime. Recent GST changes. GST related numerical questions.
- Ans.
GST has replaced multiple indirect taxes with a single tax. Recent changes include simplified return filing and reduced rates for certain items.
GST has replaced multiple indirect taxes like VAT, excise duty, service tax, etc.
It has simplified the tax structure and reduced the cascading effect of taxes.
Recent changes include the introduction of simplified return filing through GST Sahaj and GST Sugam.
GST rates have been...
Interview Preparation Tips
I applied via Recruitment Consultant and was interviewed before Jan 2021. There was 1 interview round.
Interview Questionnaire
1 Question
- Q1. Accounting entries Questions around your previous job.
Interview Preparation Tips
I applied via Recruitment Consultant and was interviewed in Nov 2019. There were 3 interview rounds.
Interview Questionnaire
3 Questions
- Q1. What kind of projects you have completed?
- Q2. How handy you are on the tool?
- Ans.
I am quite handy with tools and have experience using various types of equipment.
I have experience using power tools such as drills, saws, and sanders
I am skilled in using hand tools such as hammers, screwdrivers, and wrenches
I have experience with measuring and cutting materials accurately
I am able to troubleshoot and fix common household problems such as leaky faucets or broken appliances
- Q3. How would you rate yourself in that particular tool out of 5?
- Ans.
I would rate myself 4 out of 5 in that particular tool.
I have extensive experience using the tool in various projects.
I have received positive feedback from colleagues and clients on my proficiency in the tool.
I am confident in my ability to troubleshoot and solve problems using the tool.
However, there may be some advanced features of the tool that I am not yet familiar with.
Overall, I believe I am highly skilled in us
Interview Preparation Tips
I applied via Naukri.com and was interviewed before Oct 2020. There were 3 interview rounds.
Interview Questionnaire
2 Questions
- Q1. Write a query where all the customer name start with A
- Ans.
Query to retrieve all customer names starting with A.
Use the SELECT statement to retrieve customer names.
Use the LIKE operator with the pattern 'A%' to match names starting with A.
Specify the table and column name where the customer names are stored.
Example: SELECT customer_name FROM customers WHERE customer_name LIKE 'A%';
- Q2. Write a query where we'll get state wise sales summary report. Actually in this query we have to join multiple table and finding the rank .
Interview Preparation Tips
Skills evaluated in this interview
I appeared for an interview before Oct 2020.
Interview Questionnaire
2 Questions
- Q1. Asked questions related to my projects.
- Q2. Situational questions with no exact answers
Interview Preparation Tips
I applied via Campus Placement and was interviewed in Oct 2020. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Introduce yourself, about the role and cross questions on profile
Interview Preparation Tips
I applied via Campus Placement and was interviewed before Aug 2021. There were 2 interview rounds.
Technical round asking position related questions
Interview Preparation Tips
I applied via Referral and was interviewed in Feb 2021. There was 1 interview round.
Interview Questionnaire
1 Question
- Q1. All the questions related to my previous process
Interview Preparation Tips
Interview Questionnaire
5 Questions
- Q1. Tell me something about yourself?
- Q2. Why you want to join us?
- Q3. Articleship Experience
- Ans.
Articleship experience is essential for gaining practical knowledge and skills in the field of consulting.
Articleship provides hands-on experience in real-world scenarios.
It helps in understanding the practical application of theoretical knowledge.
Working under experienced professionals enhances skills and knowledge.
Articleship is a crucial step towards becoming a successful consultant.
- Q4. Recently adapted Ind As's
- Ans.
Ind AS's are Indian Accounting Standards converged with IFRS.
Ind AS's are applicable to certain classes of companies in India.
They aim to bring transparency and comparability in financial reporting.
Ind AS's have been adapted from IFRS with certain modifications.
They cover various aspects of accounting such as revenue recognition, leases, financial instruments, etc.
- Q5. FAR check if each one FA is located severly (proced"s involved)
- Ans.
To check if each FA is located severely, follow the FAR procedures.
Refer to FAR Part 45 for definitions and identification of FAs
Check the records of each FA to determine its location
Ensure that the location of each FA is compliant with applicable regulations
If any FA is found to be located severely, take appropriate corrective action
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