SKS Business Services Accounts Associate Interview Questions and Answers

Q1. Previous company work experience
Ans. 
I have over 10 years of experience in finance and accounts, including managing budgets, financial reporting, and overseeing audits.
• Managed financial reporting processes for monthly, quarterly, and annual statements

• Led budget planning and analysis to ensure financial goals were met

• Oversaw internal and external audits to ensure compliance with regulations

• Implemented cost-saving measures to improve overall financial perfo
Answered by AI
Add your answer
Q2. Process related questions
Add your answer

Q1. General interview questions
Add your answer
Q2. Process related questions
Add your answer

Different type of journal entries

Different situations and journal entries

Q1. TELL ME ABOUT YOURSELF
Add your answer
Q2. ARE YOU COMFORTABLE WITH WAZIRPUR LOCATION
Add your answer
Q3. WHAT ARE THE 3 GOLDEN RULES OF ACCOUNTING
Ans. 
The 3 golden rules of accounting are the basic principles that guide the recording of financial transactions.
• The first golden rule is the Personal Account rule, which states that 'Debit the receiver, credit the giver'. For example, when a customer pays cash for goods purchased, the cash account is debited and the sales account is credited.

• The second golden rule is the Real Account rule, which states that 'Debit what co...read more
Answered by AI
Add your answer

Q1. WHAT IS BOOK KEEPING
Ans. 
Bookkeeping is the process of recording, organizing, and maintaining financial transactions of a business.
• Bookkeeping involves recording all financial transactions, such as sales, purchases, and expenses.

• It helps in organizing and categorizing financial data for easy analysis and reporting.

• Bookkeeping ensures accuracy and completeness of financial records.

• It involves tasks like maintaining ledgers, reconciling accounts...read more
Answered by AI
Add your answer
Q2. Where do you live
Add your answer

It's online test will get link in email.we need to complete it with specific time

Online assessment.need to complete it in 12 mins

Q1. Accounting entries
Add your answer
Q2. Basic accounting principles
Add your answer

Q1. Basic accounting principles
Add your answer

Q1. Basic accounting principles
Add your answer

Q1. Deferred tax meaning and presentation
Ans. 
Deferred tax refers to the future tax consequences of temporary differences between accounting profit and taxable profit.
• Deferred tax is a balance sheet item that represents the future tax consequences of transactions that have already been recognized in the financial statements.

• It arises due to temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and their tax ba...read more
Answered by AI
Add your answer

Q1. They test your basic knowledge of accounting
Ans. It starts from Golden rules of Accounting
Answered Anonymously
Add your answer
Q2. Few questions on your current role
Add your answer

Q1. Experience, current salary , expected salary and notice period and they will provide you details about bond.
Add your answer

Q1. Technical round - basic accounting questions and questions related to work you have done in your previous organisation.
Add your answer