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Somish - Blockchain Solutions Senior Executive Finance & Accounts Interview Questions and Answers
Somish - Blockchain Solutions Senior Executive Finance & Accounts Interview Experiences
1 interview found
Selected
I applied via Approached by Company and was interviewed before Oct 2022. There were 2 interview rounds.
(2 Questions)
- Q1. Asked regarding payment process and Bills receivable process.
- Q2. Asked about taxation
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Senior Executive Finance & Accounts Interview Questions & Answers
LTIMindtree
Anonymous
posted on 11 Oct 2022
I applied via campus placement at Institute of Chartered Accountant of India (ICAI) and was interviewed in Apr 2022. There were 3 interview rounds.
Logical and reasoning test with various diagrams and guessing the last image in the sequence. Grammar test.
(2 Questions)
- Q1. Introduce yourself, take me through your resume, family background
- Q2. How would you analyse a company, current affairs
Interview Preparation Tips
- Finance
- Taxation
- Accounts
- Investments
If you've scored good marks in any subject, expect questions on that as well
Senior Executive Finance & Accounts Interview Questions & Answers
Wipro
Anonymous
posted on 8 May 2022
I applied via Approached by Company and was interviewed in Nov 2021. There was 1 interview round.
(4 Questions)
- Q1. Tell me 5 steps of ind as 115
- Ans.
Ind AS 115 is a revenue recognition standard that outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers.
Identify the contract with the customer
Identify the performance obligations in the contract
Determine the transaction price
Allocate the transaction price to the performance obligations
Recognize revenue when (or as) the entity satisfies a performance o
- Q2. How the accounting is to be done in ind as 102 shate base payment
- Ans.
Accounting for share-based payments under Ind AS 102
Determine the fair value of the share-based payment
Recognize the fair value as an expense over the vesting period
Create a liability for the fair value of the share-based payment
Disclose the details of the share-based payment in the financial statements
- Q3. What is difference between ind as 116 and as 16
- Ans.
Ind AS 116 is the Indian version of IFRS 16, while AS 16 is the old Indian accounting standard for leases.
Ind AS 116 is effective from April 1, 2019, while AS 16 was effective from April 1, 2001.
Ind AS 116 requires lessees to recognize most leases on their balance sheet, while AS 16 only required finance leases to be recognized on the balance sheet.
Ind AS 116 eliminates the distinction between operating and finance lea...
- Q4. Difference between fair value and intric value
- Ans.
Fair value is the estimated worth of an asset or liability, while intrinsic value is the true underlying value of an asset or liability.
Fair value is determined based on market prices or valuation techniques, while intrinsic value is calculated based on fundamental analysis.
Fair value is used for financial reporting and accounting purposes, while intrinsic value is used for investment decision-making.
Fair value can flu...
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Senior Executive Finance & Accounts Interview Questions & Answers
Teleperformance
Anonymous
posted on 11 May 2018
Interview Preparation Tips
Experience: I was asked a few questions regarding Excel ... Vlookup, sumif, pivot table, calculate ageing by today date, sumproduct etc
Round: Test
Experience: I was given an agreement & a question paper, I needed to read the agreement & solved the questions given on question paper .
Selected
I was interviewed in Aug 2024.
(2 Questions)
- Q1. What was the your ambition ?
- Q2. What was the your future plan for life ?
(2 Questions)
- Q1. What was the your future growth ?
- Q2. What was sink of kn
(2 Questions)
- Q1. What is your name ?
- Q2. What is your mother toung ?
Interview Preparation Tips
Give me the chance of your company for job opportunity,
(2 Questions)
- Q1. Deferred tax liability , practical use, how do we calculate
- Ans.
Deferred tax liability is a balance sheet item representing taxes that will be paid in the future due to temporary differences in accounting and tax rules.
Deferred tax liability arises when a company's taxable income is greater than its accounting income, resulting in taxes being paid in the future.
It is calculated by multiplying the temporary difference between taxable income and accounting income by the tax rate.
Exam...
- Q2. Swap in simple terms, dividend growth model
- Ans.
A swap is a financial agreement between two parties to exchange cash flows or other financial instruments.
A swap involves two parties exchanging cash flows or other financial instruments based on a predetermined set of terms.
Common types of swaps include interest rate swaps, currency swaps, and commodity swaps.
The dividend growth model is a method used to value a company's stock based on the expected future dividends i...
I applied via Referral and was interviewed in Dec 2024. There was 1 interview round.
(2 Questions)
- Q1. What is depreciation?
- Q2. Full form of COGS ?
Interview Preparation Tips
(5 Questions)
- Q1. Explain budgeting
- Q2. Explain forecasting
- Q3. Explain revenue recognition
- Q4. Rent accured ledger entry
- Q5. Why is asset recognised or depreciated in balance sheet
Rahul Beri
(2 Questions)
- Q1. Account payable?
- Q2. Difference between Profit & Revenue
(2 Questions)
- Q1. What is contingent liabilities
- Ans.
Contingent liabilities are potential liabilities that may arise in the future depending on the outcome of certain events.
Contingent liabilities are not recorded on the balance sheet but disclosed in the footnotes.
They are dependent on a future event occurring or not occurring.
Examples include lawsuits, warranties, and guarantees.
If the contingent liability is probable and the amount can be estimated, it should be recor
- Q2. What is provision
- Ans.
Provision is an amount set aside in financial statements to cover anticipated future expenses or losses.
Provision is a liability that is recognized on the balance sheet.
It is used to account for potential future expenses or losses that are uncertain but likely to occur.
Examples of provisions include bad debt provisions, warranty provisions, and restructuring provisions.
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Somish - Blockchain Solutions Senior Executive Finance & Accounts Interview Process
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