Spark Minda Senior Accountant Interview Questions and Answers

Q1. Experience and qualification
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Q2. About job rool and experience
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Q1. Golden rules of Accounting
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Golden rules of Accounting are basic principles that guide the process of recording financial transactions.
• There are three golden rules of accounting: Debit what comes in, Credit what goes out, Debit the receiver, Credit the giver, Debit expenses and losses, Credit income and gains.

• These rules help maintain the balance in the accounting equation: Assets = Liabilities + Equity.

• For example, when a company receives cash f...read more
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Q2. Interest in Accounts
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I have a strong interest in accounts due to my analytical skills and passion for numbers.
• I enjoy working with financial statements and analyzing data to identify trends and patterns

• I have a keen eye for detail and accuracy, which is essential in accounting

• I find satisfaction in balancing accounts and ensuring accuracy in financial records

• I am always eager to learn about new accounting principles and regulations to stay
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Q3. Branches of Accounting
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Q4. Meaning of Balance Sheet
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Balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
• Balance sheet provides a snapshot of a company's financial position

• It shows what a company owns (assets), owes (liabilities), and the amount invested by shareholders (equity)

• The formula for a balance sheet is Assets = Liabilities + Shareholders' Equity

• Examples of assets include cash, i...read more
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Private company are government company better then in national development

Q1. Personals / family background
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Q2. Job related, salary packages. previous company working experiences.
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Q3. EDUCATION BACKGROUND
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Q4. WORK EXPERIENCES . HOW MANY YEAR OF EXPERIENCES
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Q5. WHU YOU JOIN OUR COMPANY
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Q1. About your self,discussing on job profile &knowledge about in working area.
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Q1. One to one discussion with Group Finance head about work experience & knowledgeable area of finance and accounts
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Q1. About background
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Q2. Family background
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