Sterling International Executive Accountant Interview Questions and Answers

Q1. Why you choose accounts
Ans. 
I chose accounts because of my passion for numbers and problem-solving.
• I have always been good with numbers and enjoy working with financial data

• I find satisfaction in solving complex financial puzzles and analyzing trends

• I believe that a strong foundation in accounting is essential for any business or organization

• I enjoy the challenge of balancing budgets and optimizing financial performance
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Q2. What is golden accounts
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Golden accounts refer to high-value accounts that are considered prestigious or important within a company's financial records.
• Golden accounts typically include accounts with large balances, significant transactions, or high-profile clients.

• These accounts may require special attention from the executive accountant due to their importance to the company.

• Examples of golden accounts could include accounts held by major in
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Q1. Bank conciliation ?
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Q2. What is petty cash ?
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Petty cash is a small amount of cash kept on hand for minor expenses.
• Petty cash is used for small, everyday expenses that are impractical to pay for with a check or credit card.

• It is typically kept in a secure location, such as a locked box or drawer.

• A designated person is responsible for managing and replenishing the petty cash fund.

• Examples of petty cash expenses include office supplies, postage, and minor repairs.
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Q1. Family background
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Q2. Any where you go on job location
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Q1. My name is ranjan kamat
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Q2. My education is M. Com completed
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Q3. I have 2years experience
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Q4. My location inBadarpur
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Q5. My Father name is rajendra kamat
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Q6. I have knowledge tally genuse gst tds
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Q1. Tell me about yourself, interest of department
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Q2. Salary expectations
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Q1. What is CA work? What is cs work?
Ans. 
CA work involves financial reporting, auditing, taxation, and advisory services. CS work involves legal compliance and corporate governance.
• CA work includes preparing financial statements, conducting audits, providing tax advice, and offering financial advisory services to clients.

• CS work involves ensuring compliance with legal and regulatory requirements, maintaining corporate records, and advising on corporate govern...read more
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Q2. What is account? What is debit & credit?
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Account is a record of financial transactions. Debit is an entry on the left side and credit is an entry on the right side of an account.
• Account is a systematic record of financial transactions of a business or an individual.

• Debit is an entry on the left side of an account which increases assets and decreases liabilities and equity.

• Credit is an entry on the right side of an account which decreases assets and increases ...read more
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Accounting process kya hoti hai batayiye

Q1. General Accepted Accounting Principle
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General Accepted Accounting Principle refers to a common set of accounting standards and procedures used in the preparation of financial statements.
• GAAP ensures consistency and comparability in financial reporting

• GAAP includes principles such as the cost principle, revenue recognition principle, and matching principle

• GAAP is important for investors, creditors, and other stakeholders to make informed decisions based on
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Q2. Basic Accounting terms
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Q1. Tell me about yourself.
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Q2. What's about your things in job experience
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Q3. Can you help me...develop in my self
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Q1. Mostly the assessment of your English communication and confidence levels
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Q1. About the IFRS and other accounting standards
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Q2. Excel fluency and how to handle the team
Ans. 
Excel fluency and team management are crucial for a Senior Accountant.
• Demonstrate proficiency in using Excel for financial analysis, data manipulation, and reporting.

• Highlight experience in creating complex formulas, pivot tables, and macros.

• Discuss your ability to handle large datasets and perform data analysis.

• Explain how you ensure accuracy and integrity of financial data in Excel.

• Describe your experience in trainin...read more
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