Shyam Group of Industries Accountant Interview Questions and Answers

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

• The first golden rule is the Personal Account rule, which states that all personal accounts are debited for the receiver and credited for the giver.

• The second golden rule is the Real Account rule, which states that all real accounts are debited for what comes in and credited for what goes out.

• The third golden rule is ...read more

SUMIF and SUMIFS are Excel functions used to sum values based on certain criteria.

• SUMIF is used to sum values in a range that meet a single criterion.

• SUMIFS is used to sum values in a range that meet multiple criteria.

• Both functions require a range of values to sum and a range of criteria to evaluate.

• The criteria can be specified using cell references, text, or logical operators.

• Example: =SUMIF(A1:A10,">5") will sum al...read more

I have X years of experience in accounting.

• I have worked in the accounting field for X years.

• During my time in accounting, I have gained experience in X, Y, and Z.

• I have worked with clients in various industries, including A, B, and C.

• I am constantly seeking to expand my knowledge and skills in accounting.

I'm sorry, but I don't understand the question. Could you please rephrase it?

My expected salary is in line with industry standards and commensurate with my experience and qualifications.

• I have researched the average salary range for this position in this location and I believe my expectations are reasonable.

• I am open to negotiation and willing to consider a fair offer based on the responsibilities and requirements of the job.

• I am more interested in finding the right fit for my skills and career...read more

Yes, I am open to taking on multiple roles if it aligns with my skill set and helps the company.

• I am willing to take on additional responsibilities if it benefits the company

• I have experience in multiple areas such as auditing, tax, and financial reporting

• I am able to prioritize tasks and manage my time effectively

• Examples: I have previously taken on both accounting and HR responsibilities in a small company, and I hav

Yes, I am able to manage reporting time effectively.

• I prioritize tasks and set deadlines to ensure timely completion of reports.

• I use time management tools such as calendars and reminders to stay on track.

• I communicate with team members and stakeholders to gather necessary information in a timely manner.

• I am flexible and able to adjust my schedule as needed to meet deadlines.

• For example, in my previous role, I was resp...read more