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WNS Financial Accountant Interview Questions, Process, and Tips
WNS Financial Accountant Interview Experiences
1 interview found
Mayuri Patil
(6 Questions)
- Q1. There are three branches of accounting
- Ans.
The three branches of accounting are financial accounting, management accounting, and cost accounting.
Financial accounting focuses on reporting financial information to external stakeholders.
Management accounting involves providing financial information to internal management for decision-making.
Cost accounting deals with analyzing and controlling costs within a company.
Each branch serves a different purpose and audien
- Q2. Types of accounting golden rules
- Ans.
The accounting golden rules are basic principles that guide the process of recording financial transactions.
There are three types of accounting golden rules: Personal Account, Real Account, and Nominal Account.
Personal Account: Debit the receiver, credit the giver. Example: When cash is received from a customer, cash account is debited.
Real Account: Debit what comes in, credit what goes out. Example: Purchase of machin...
- Q3. What is the balance sheet
- Ans.
The balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time.
It lists a company's assets, liabilities, and shareholders' equity.
Assets are what the company owns, such as cash, inventory, and property.
Liabilities are what the company owes, such as loans and accounts payable.
Shareholders' equity represents the company's net worth, calculated as assets m...
- Q4. Trail Balance Definition
- Ans.
A trial balance is a list of all the general ledger accounts contained in the ledger of a business.
It is used to ensure that the total debits equal the total credits in the accounting records.
It is prepared at the end of an accounting period before the financial statements are prepared.
Errors in recording or posting transactions can be identified by preparing a trial balance.
Example: If the total debits and credits do ...
- Q5. What is the Working capital
- Ans.
Working capital is the difference between a company's current assets and current liabilities.
Working capital is a measure of a company's operational efficiency and short-term financial health.
It represents the amount of liquid assets available to a company to fund its day-to-day operations.
Formula: Working Capital = Current Assets - Current Liabilities
Positive working capital indicates that a company has enough assets ...
- Q6. Defin depreciation and it types
- Ans.
Depreciation is the allocation of the cost of an asset over its useful life.
Depreciation is a non-cash expense that reduces the value of an asset over time.
Types of depreciation include straight-line, double declining balance, units of production, and sum-of-the-years-digits.
Straight-line depreciation evenly spreads the cost of an asset over its useful life.
Double declining balance front-loads depreciation expenses.
Uni...
Interview questions from similar companies
Anonymous
(2 Questions)
- Q1. How you Choose this Compony
- Q2. Your motive for this Compony
- Ans.
My motive for this company is to contribute my financial expertise and skills to help the company grow and succeed.
To utilize my financial knowledge and experience to improve the company's financial performance
To work with the team to develop and implement effective financial strategies
To ensure compliance with financial regulations and standards
To provide accurate financial reporting and analysis to support decision-m...
Interview Preparation Tips
I applied via Company Website and was interviewed in Apr 2022. There were 2 interview rounds.
(1 Question)
- Q1. Why should u hirid you
Interview Preparation Tips
- Finance and accounting
Selected
I applied via Campus Placement and was interviewed in Oct 2024. There was 1 interview round.
Executive summary/synopsis the topic area of the report introduction . Sammarise the your tork find thi identify the problem you have identified by
Interview Preparation Tips
(2 Questions)
- Q1. Self introduction
- Q2. About the role and responsibilities
Selected
I applied via Job Portal and was interviewed in Mar 2024. There were 2 interview rounds.
Good communication skills development
Coding and de coding test
(2 Questions)
- Q1. Personal details about you
- Q2. Where do you see yourself in 5 years
(2 Questions)
- Q1. Asking about job profile
- Q2. Portfolio questions about
Selected
I applied via Naukri.com and was interviewed before Dec 2021. There were 4 interview rounds.
Its covered all the topics under Aptitude ex.. problem solving, logical reasoning, English grammar etccc..
(1 Question)
- Q1. Introduce yourself Why shuld we hire you What infosys work for What uwil do u suppose to submit project but still the work is not completed how uwil handle that situation What is financial taxation
(3 Questions)
- Q1. Asking about your knowledge And also about ur typing speed And Excel, Microsoft office,shift timings,CTC,and discuss about some work ethics
- Q2. Why should we hire you?
- Q3. Explain more about financial taxation
- Ans.
Financial taxation refers to the process of levying taxes on financial transactions and assets.
Financial taxation includes taxes on income, capital gains, dividends, and interest.
It also involves taxes on property, sales, and value-added tax (VAT).
Governments use financial taxation to generate revenue and regulate economic activity.
Tax laws and regulations vary by country and can be complex.
Examples of financial taxati...
Interview Preparation Tips
Selected
I applied via AmbitionBox and was interviewed in Dec 2024. There were 2 interview rounds.
An aptitude test is beneficial for assessing knowledge.
(2 Questions)
- Q1. What is the process for preparing a balance sheet and a profit and loss account?
- Q2. What is the process for preparing a revenue account?
I applied via Referral
(1 Question)
- Q1. How you see yourself in next 5 years
- Ans. I am seeing myself to grow professionally and academically in next 5 years.
(2 Questions)
- Q1. What are 3 types of Accounts
- Ans.
Types of accounts include assets, liabilities, and equity.
Assets: resources owned by the company, such as cash, inventory, and equipment
Liabilities: debts or obligations owed by the company, such as loans and accounts payable
Equity: the owner's stake in the company, calculated as assets minus liabilities
- Q2. Personal Account Nominal Account Real Account
Discuss affects of AI on future of Accounting procedures.
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