Upload Button Icon Add office photos

Filter interviews by

Sarath & Associates Senior Accounts Associate Interview Questions and Answers

Updated 14 Oct 2023

Sarath & Associates Senior Accounts Associate Interview Experiences

1 interview found

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Referral and was interviewed in Sep 2023. There were 2 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 tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. What are the steps involved in preparing cash flow
  • Ans. 

    Steps involved in preparing cash flow

    • 1. Start with the beginning cash balance

    • 2. Add cash inflows such as sales revenue, loans, and investments

    • 3. Subtract cash outflows like expenses, loan payments, and dividends

    • 4. Calculate the ending cash balance

    • 5. Analyze the cash flow statement for insights into the company's financial health

  • Answered by AI
  • Q2. How does you verify balance sheet before finalising
  • Ans. 

    I verify the balance sheet by reconciling accounts, reviewing transactions, ensuring accuracy of financial statements, and investigating any discrepancies.

    • Reconcile accounts to ensure all transactions are accurately recorded

    • Review transactions for accuracy and completeness

    • Ensure all assets, liabilities, and equity are properly classified and valued

    • Investigate any discrepancies or variances in balances

    • Verify that financ

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Go with the basics

Interview questions from similar companies

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

I applied via Approached by Company 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 tips
Round 2 - HR 

(2 Questions)

  • Q1. About your self?
  • Q2. Rolls and Responsibilities
Round 3 - One-on-one 

(4 Questions)

  • Q1. About your self?
  • Q2. What is P2P cycle ?
  • Ans. 

    P2P cycle stands for Procure-to-Pay cycle, which is the process of obtaining and paying for goods and services.

    • P2P cycle involves requisitioning, purchasing, receiving, invoicing, and payment.

    • It starts with a purchase requisition, followed by supplier selection, purchase order creation, goods receipt, invoice verification, and ends with payment to the supplier.

    • Efficient P2P cycle helps in controlling costs, managing su...

  • Answered by AI
  • Q3. Why are you leaving current job?
  • Q4. 2way matching, 3way matching?

Interview Preparation Tips

Interview preparation tips for other job seekers - Read all interview related points.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Oct 2024. There were 3 interview rounds.

Round 1 - One-on-one 

(1 Question)

  • Q1. Tell me about the time when you did something for the client out of your scope.
Round 2 - One-on-one 

(1 Question)

  • Q1. Tell me about the optimisation you did to increase ctr and cvr of the account
  • Ans. 

    Implemented ad copy testing, keyword optimization, and landing page improvements to increase CTR and CVR.

    • Conducted A/B testing on ad copies to identify high-performing messaging

    • Optimized keywords to target relevant audience and improve ad relevance

    • Made improvements to landing pages to enhance user experience and increase conversions

  • Answered by AI
Round 3 - HR 

(1 Question)

  • Q1. Whats your expected salary

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared, Be genuine about your self
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Company Website and was interviewed in Sep 2024. There were 7 interview rounds.

Round 1 - Assignment 

Employment business to the client confirming

Round 2 - Assignment 

Assignment including ant programs

Round 3 - Assignment 

Correspondence between the company

Round 4 - Assignment 

Clarifies the details of an assignment

Round 5 - Technical 

(2 Questions)

  • Q1. Problem solving
  • Q2. Communication about the interview
Round 6 - One-on-one 

(2 Questions)

  • Q1. Type of the company
  • Q2. Process the data
Round 7 - Assignment 

Communicate the association

Interview Preparation Tips

Interview preparation tips for other job seekers - No advice
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. What is Accounts payable
  • Ans. 

    Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.

    • Accounts payable is a liability on the balance sheet

    • It represents the amount of money owed by a company to its suppliers or vendors

    • It is typically recorded when goods or services are received but payment has not yet been made

    • Accounts payable is an important part of a company's working capital man

  • Answered by AI
  • Q2. What is Bank reconcilation statment
  • Ans. 

    Bank reconciliation statement is a document that compares the bank's records with the company's records to ensure they match.

    • It is used to identify any discrepancies between the two sets of records.

    • It includes items such as deposits in transit, outstanding checks, bank errors, and service charges.

    • The goal is to ensure the accuracy of the company's financial records and the bank's records.

    • Once discrepancies are identifi...

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Newspaper Ad and was interviewed in Aug 2024. There were 4 interview rounds.

Round 1 - Assignment 

The assignment involved the analysis the business problem and providing the detailed solution.

Round 2 - Group Discussion 

The group discussion focused on the topic. The impact of remote on productivity each participant was given two mintues to present the view follow by the open decision..

Round 3 - Case Study 

We were analysis the situation and identify the key issue

Round 4 - HR 

(5 Questions)

  • Q1. Tell me something about your self
  • Ans. 

    I am a detail-oriented and organized individual with a strong background in accounting and finance.

    • Bachelor's degree in Accounting

    • Experience with financial reporting and analysis

    • Proficient in using accounting software such as QuickBooks

    • Strong analytical skills and attention to detail

    • Excellent communication and interpersonal skills

  • Answered by AI
  • Q2. Why do you want work here
  • Ans. 

    I am passionate about finance and eager to learn from experienced professionals in this industry.

    • I am drawn to the company's reputation for excellence in financial management.

    • I am excited about the opportunity to work with a talented team and contribute to the company's success.

    • I believe this role will provide me with valuable experience and help me grow in my career.

  • Answered by AI
  • Q3. What do you see yourself in 5 years
  • Ans. 

    In 5 years, I see myself as a senior Account Assistant, taking on more responsibilities and contributing to the growth of the company.

    • Continuing to excel in my role as an Account Assistant

    • Taking on leadership roles within the accounting department

    • Completing additional certifications or training to enhance my skills

    • Contributing to the company's financial success through strategic decision-making

    • Mentoring junior staff me

  • Answered by AI
  • Q4. Why should we hiring you
  • Ans. 

    I am a detail-oriented and organized individual with a strong background in accounting and a proven track record of accuracy and efficiency.

    • I have a Bachelor's degree in Accounting and X years of experience in the field.

    • I am proficient in using accounting software such as QuickBooks and Excel.

    • I have a strong attention to detail and can ensure accurate financial records.

    • I am a team player and can effectively communicate...

  • Answered by AI
  • Q5. What motivate you at work
  • Ans. 

    I am motivated at work by the opportunity to learn and grow, the satisfaction of completing tasks successfully, and the positive impact I can make on the team and organization.

    • Opportunity to learn and grow

    • Satisfaction of completing tasks successfully

    • Positive impact on team and organization

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Deloitte Account Assistant interview:
  • Group discussion
  • HR
  • Case study
  • Technical
  • assignment
  • aptitude
Interview preparation tips for other job seekers - Search the company
Build the network
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. What is bad bebt
  • Ans. 

    Bad debt refers to money owed to a company that is unlikely to be paid by the debtor.

    • Bad debt is a financial loss for the company.

    • It is usually the result of customers who are unable or unwilling to pay their debts.

    • Companies often have to write off bad debts as uncollectible.

    • Bad debt can negatively impact a company's financial statements and cash flow.

    • Examples include unpaid invoices, defaulted loans, and overdue payme

  • Answered by AI
  • Q2. What is accounts
  • Ans. 

    Accounts refer to financial records that track the financial activities of a business or individual.

    • Accounts are used to record transactions such as income, expenses, assets, and liabilities.

    • They help in analyzing the financial health of an entity and making informed decisions.

    • Examples of accounts include cash account, accounts receivable, accounts payable, and equity accounts.

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I was interviewed in Nov 2024.

Round 1 - HR 

(2 Questions)

  • Q1. Introduction About our self
  • Ans. 

    I am a dedicated and experienced Executive Accountant with a strong background in financial management and strategic planning.

    • I have over 10 years of experience in accounting and finance

    • I have a proven track record of successfully managing budgets and financial reporting

    • I am skilled in financial analysis and forecasting

    • I have a strong understanding of GAAP and financial regulations

    • I have excellent communication and lea

  • Answered by AI
  • Q2. What is Accounting Types of Accounts
  • Ans. 

    Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.

    • Accounting involves recording financial transactions of a business.

    • Types of accounts include assets, liabilities, equity, revenue, and expenses.

    • Assets are resources owned by the business, like cash and inventory.

    • Liabilities are obligations of the business, such as loans and accounts payable.

    • Equity represen...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - You can give opportunity to show my performance
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Sep 2024. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about ur self
  • Ans. 

    I am a dedicated and experienced Executive Accountant with a strong background in financial management and analysis.

    • I have over 8 years of experience in accounting and finance

    • I have a proven track record of successfully managing budgets and financial reporting

    • I am skilled in financial analysis, forecasting, and strategic planning

    • I have a Bachelor's degree in Accounting and a CPA certification

    • I am proficient in using ac

  • Answered by AI
  • Q2. GST TDS Regarding Basic provison

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Assignment 

Position or post calling for specified duties to which an employee is assigned for a definite or indefinite period of time but which has not been designated as a work classification.

Round 2 - One-on-one 

(5 Questions)

  • Q1. What is tha accounts?
  • Ans. 

    Accounts refer to the records of financial transactions of a business or organization.

    • Accounts are used to track income, expenses, assets, and liabilities.

    • They help in analyzing the financial health of a company.

    • Examples of accounts include cash, accounts receivable, inventory, and accounts payable.

  • Answered by AI
  • Q2. What is tha payable and receivable
  • Ans. 

    Payable and receivable refer to amounts owed by a company (payable) and amounts owed to a company (receivable).

    • Payable refers to money owed by a company to its suppliers or vendors

    • Receivable refers to money owed to a company by its customers or clients

    • Payable and receivable are recorded on a company's balance sheet

    • Examples: Accounts payable, accounts receivable

  • Answered by AI
  • Q3. What is TDS ?
  • Ans. 

    TDS stands for Tax Deducted at Source, which is a system where tax is deducted by the payer at the time of making payment.

    • TDS is a form of advance tax which ensures that the government receives tax revenue in advance.

    • It is applicable to various payments such as salary, interest, commission, rent, etc.

    • The deducted TDS amount is then deposited with the government on behalf of the recipient.

    • TDS rates vary depending on the...

  • Answered by AI
  • Q4. What is tally used for ?
  • Ans. 

    Tally is a software used for accounting and financial management.

    • Tally is used for recording financial transactions.

    • It helps in managing accounts, generating reports, and analyzing data.

    • Tally is commonly used by businesses for bookkeeping and tax compliance.

    • It can also be used for inventory management and payroll processing.

  • Answered by AI
  • Q5. What is tally skills?
  • Ans. 

    Tally skills refer to proficiency in using Tally software for accounting purposes.

    • Tally skills involve knowledge of creating and managing accounts, generating financial reports, and performing audits.

    • Proficiency in data entry, reconciliation, and inventory management using Tally is essential.

    • Examples of Tally skills include creating ledgers, recording transactions, and generating balance sheets.

    • Knowledge of shortcuts a...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Accounts

Skills evaluated in this interview

Sarath & Associates Interview FAQs

How many rounds are there in Sarath & Associates Senior Accounts Associate interview?
Sarath & Associates interview process usually has 2 rounds. The most common rounds in the Sarath & Associates interview process are Resume Shortlist and One-on-one Round.
What are the top questions asked in Sarath & Associates Senior Accounts Associate interview?

Some of the top questions asked at the Sarath & Associates Senior Accounts Associate interview -

  1. How does you verify balance sheet before finalis...read more
  2. What are the steps involved in preparing cash f...read more

Tell us how to improve this page.

People are getting interviews through

based on 1 Sarath & Associates interview
Referral
100%
Low Confidence
?
Low Confidence means the data is based on a small number of responses received from the candidates.

Interview Questions from Similar Companies

TCS Interview Questions
3.7
 • 10.2k Interviews
Accenture Interview Questions
3.9
 • 8k Interviews
Infosys Interview Questions
3.7
 • 7.5k Interviews
Wipro Interview Questions
3.7
 • 5.5k Interviews
Cognizant Interview Questions
3.8
 • 5.5k Interviews
Amazon Interview Questions
4.1
 • 4.9k Interviews
Capgemini Interview Questions
3.8
 • 4.7k Interviews
Tech Mahindra Interview Questions
3.6
 • 3.8k Interviews
HCLTech Interview Questions
3.5
 • 3.7k Interviews
Genpact Interview Questions
3.9
 • 3k Interviews
View all
Audit Manager
8 salaries
unlock blur

₹3.9 L/yr - ₹12 L/yr

Chartered Accountant
7 salaries
unlock blur

₹4.2 L/yr - ₹16.4 L/yr

Paid Assistant
4 salaries
unlock blur

₹5 L/yr - ₹5 L/yr

Article Assistant
4 salaries
unlock blur

₹0.7 L/yr - ₹4.5 L/yr

Accountant
3 salaries
unlock blur

₹2 L/yr - ₹2.9 L/yr

Explore more salaries
Compare Sarath & Associates with

Deloitte

3.8
Compare

PwC

3.4
Compare

KPMG India

3.5
Compare

Ernst & Young

3.5
Compare

Calculate your in-hand salary

Confused about how your in-hand salary is calculated? Enter your annual salary (CTC) and get your in-hand salary
Did you find this page helpful?
Yes No
write
Share an Interview