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Sarath & Associates Senior Accounts Associate Interview Questions and Answers
Sarath & Associates Senior Accounts Associate Interview Experiences
1 interview found
Anonymous
I applied via Referral and was interviewed in Sep 2023. There were 2 interview rounds.
(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
- 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
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Interview questions from similar companies
Senior Accounts Associate Interview Questions & Answers
Capgemini
Mayank Pandey
posted on 26 Aug 2023
Selected
I applied via Approached by Company and was interviewed in Feb 2023. There were 3 interview rounds.
(2 Questions)
- Q1. About your self?
- Q2. Rolls and Responsibilities
(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...
- Q3. Why are you leaving current job?
- Q4. 2way matching, 3way matching?
Interview Preparation Tips
(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
- 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...
Selected
I was interviewed in Apr 2024.
(3 Questions)
- Q1. What was round one ?
- Ans. I will combine my best .
- Q2. Well done I'm good for my
- Q3. It's good company I appreciate in this
I applied via Monster and was interviewed in Apr 2024. There was 1 interview round.
(1 Question)
- Q1. Tell me about yourself
Selected
I applied via Naukri.com and was interviewed in Nov 2023. There were 2 interview rounds.
(2 Questions)
- Q1. Tell me about yourself
- Q2. This question is usually the first question in an interview, and it is a way to break the ice. You should answer this question by giving a brief overview of your education, work experience, and skills. You...
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Selected
I applied via Walk-in
B. Com computer applications in c java based programs
Group decisions in team members encouragement
Interview Preparation Tips
I applied via Walk-in and was interviewed in Apr 2022. There was 1 interview round.
(6 Questions)
- Q1. Introduction yourself
- Q2. My name is srinivasa,iam from bagepalli I have completed my graduation in govt first grade college in Chikkaballapur , and i have also done for 2nd pu in swamy vivekanand pu college bagepalli, currently st...
- Q3. Tell me about your family
- Q4. My father name is eshwarappa, he is a agriculture former, and my monther name is savithramma, she is a home maker,and i have a brother he is studying SSLC, and i have a small family.
- Q5. Tell me about your college days
- Q6. My college days are unforgettable happy days in my life,when I was going to a college at the time I don't know any one, ofter few months I know frds and lectures and i was a regular student.frds are fun wi...
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- College days
- My self
Iam interested in this job
Kindly request
Accept my request
I applied via Referral and was interviewed in Jul 2022. There were 2 interview rounds.
(1 Question)
- Q1. Need in accounting and auditing role
(1 Question)
- Q1. Accounting and auditing role
Interview Preparation Tips
(10 Questions)
- Q1. What are your salary expectations?
- Q2. What is your family background?
- Q3. Share details of your previous job.
- Q4. Why should we hire you?
- Q5. Why are you looking for a change?
- Q6. Where do you see yourself in 5 years?
- Q7. What are your strengths and weaknesses?
- Q8. Tell me about yourself.
- Q9. Tell about collage life
- Q10. Tell about your work
Any topik with duscussion in group
(9 Questions)
- Q1. Tell about ur work life
- Q2. Tell about your habit
- Q3. Tell about your finacal accouting
- Ans.
I have experience in financial accounting including bookkeeping, financial statement preparation, and budgeting.
Proficient in using accounting software such as QuickBooks and Xero
Experience in preparing financial statements including balance sheet, income statement, and cash flow statement
Knowledge of GAAP and IFRS accounting standards
Ability to perform bank reconciliations and manage accounts payable and receivable
Exp...
- Q4. Tell about your coummiunity skill
- Q5. Tell about your friends
- Q6. Tell about your study
- Q7. Tell about your learing
- Q8. Tell about your work palce and firend
- Q9. Tell about your salary
Coding test good learing
Aptitude test very difficult
Case study is different
Assigment is good one
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