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Understanding journal entries for deferred and unbilled revenue, along with inventory recording.
Deferred Revenue: Recognized when cash is received before services are performed. Journal Entry: Debit Cash, Credit Deferred Revenue.
Example: A company receives $1,000 for a service to be provided next month. Entry: Debit Cash $1,000, Credit Deferred Revenue $1,000.
Unbilled Revenue: Recognized when services are performed but...
Deferred tax assets reduce future tax liabilities, while deferred tax liabilities increase them, reflecting timing differences in accounting.
Deferred tax assets arise when taxable income is greater than accounting income, e.g., carryforward of tax losses.
Deferred tax liabilities occur when accounting income is greater than taxable income, e.g., accelerated depreciation.
Deferred tax assets can be utilized to offset futu...
Aptitude has Easy questions
2 coding questions on arrays and string
Easy aptitude questions
DSA coding questions
Technical interview medium level questions
I applied via Referral and was interviewed in Oct 2022. There were 5 interview rounds.
General aptitude questions, attention to detail, graphs, accounting questions
Wipfli interview questions for popular designations
Everything
Logical reasoning, attention to details, problem solving
I applied via Naukri.com and was interviewed before Jul 2022. There were 5 interview rounds.
I applied via Walk-in and was interviewed before Mar 2020. There were 4 interview rounds.
I applied via Approached by Company and was interviewed in Aug 2017. There were 5 interview rounds.
I appeared for an interview in Nov 2016.
I am a dedicated and experienced consultant with a strong background in problem-solving and client management.
Over 5 years of experience in consulting roles
Skilled in analyzing data and providing strategic recommendations
Proven track record of successful project implementations
Excellent communication and interpersonal skills
Client-focused approach to problem-solving
Experienced consultant with a background in finance and project management.
10+ years of experience in finance and project management
Strong analytical and problem-solving skills
Proven track record of successful project implementations
Experience working with cross-functional teams
Certified in project management (PMP)
Previous clients include Fortune 500 companies such as XYZ Corp
In my free time, I enjoy hiking, reading, and trying out new recipes.
Hiking in local trails and national parks
Reading fiction and non-fiction books
Experimenting with cooking and baking new dishes
Some of the top questions asked at the Wipfli interview -
based on 4 interviews
Interview experience
Analyst
47
salaries
| ₹4 L/yr - ₹11 L/yr |
Assistant Manager
31
salaries
| ₹11.4 L/yr - ₹27.8 L/yr |
Audit Analyst
29
salaries
| ₹3.8 L/yr - ₹13.5 L/yr |
Tax Analyst
22
salaries
| ₹4.1 L/yr - ₹8.2 L/yr |
Senior Associate
18
salaries
| ₹9.2 L/yr - ₹19 L/yr |
Deloitte
PwC
KPMG India
Ernst & Young