Chartered Accountant

Chartered Accountant Interview Questions and Answers for Freshers

Updated 1 Jun 2023

Q1. How much interested in account

Ans.

I am very interested in accountancy and have pursued it as my career choice.

  • I have always been fascinated by numbers and financial management.

  • I enjoy analyzing financial statements and identifying areas for improvement.

  • I have completed relevant education and training to become a Chartered Accountant.

  • I have gained practical experience through internships and work experience.

  • I am constantly learning and keeping up to date with changes in accounting standards and regulations.

Q2. What is accounting documents

Ans.

Accounting documents are records that provide evidence of financial transactions and activities within a business.

  • Accounting documents include invoices, receipts, bank statements, and financial reports.

  • They are used to track income, expenses, assets, and liabilities.

  • These documents are essential for preparing financial statements and tax returns.

  • Accuracy and organization of accounting documents are crucial for financial decision-making.

  • Examples of accounting documents are bal...read more

Q3. What is the balance sheet

Ans.

The balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.

  • It provides a snapshot of a company's financial position.

  • Assets are listed on the left side, liabilities and shareholders' equity on the right side.

  • The balance sheet follows the accounting equation: Assets = Liabilities + Shareholders' Equity.

  • It helps investors, creditors, and analysts assess the financial health and stability of a compan...read more

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