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Accounting Interview Questions
Questions Answers Views Company eMail

Under what rate will be the Head office related accounts, like Head Office Current A/c, Goods from Head Office A/c, will be converted in case of Foreign Branch...??

1 5911

Where will you show the EXCHANGE RATE RESERVES in final accounts....???

2 8096

What aspect of accounting do you dislike the most?

3 14710

If we were to call your current supervisor, in which area of accounting would he or she say is your strongest? Which area would he or she say is your weakest?

1 7118

what is long term capital gains & short term capital gains ?

Mphasis, TCS,

7 17328

what r the heads of taxation

Mphasis, TATA,

8 20846

what is the journal entry of outstanding wages ?

ABC, OBI,

27 86737

what is assessment year and previous year ?

Bank Exams, Chartered Accountant, ICICI, SSC, TATA,

50 168696

what is the accounting period ?

Wipro,

16 33359

what is the tax of business income ?

7 13709

what r the deductions from salary ?

27 72408

i will get the tax exemption when my company offers medical premium that i will produce medical bills. plz clarify any one.

1 6949

Queries for Big4 Articleship : Article Vacancies application starts when?

Deloitte, Ernst Young, KPMG, PWC,

3 19784

Queries for Big4 Articleship : Procedure of application and selection? ( Resume, Cut off ? Rank, Contacts needed, Exams, Interviews, General Questions ? Personality traits, Special Knowledge etc.)

Ernst Young, HSBC, KPMG,

4 19098

Queries for Big4 Articleship : Stipend and tenure of articleship period. Any leave period for preparation for exams.

Genpact,

8 36465


Un-Answered Questions { Accounting }

what is the detail procedure to filling ITR-I,ITR-II AND ITR- 1V V1 IE e-filling procedure

2122


How to reconcilation of modvat

2320


Fiscal year variant F1 has 6 posting periods and fiscal year variant F2 has 4 posting periods. The posting have different start and ending dates.assign posting period variant F1 is assigned to leading ledger (0L) and F2 is assigned to the non-leading ledger(N1). You get an error message when making a posting in the non-leading ledger.?( any 1 answer) • The posting period variant of the non-leading ledger and the leading are different • The fiscal year variant of the non-leading ledger and the leading ledger are different • The posting is being made in a special period, but both variants are examples of a shortened fiscal year • The posting period for the non leading ledger group”N1” is closed

1949


Occasionally it is said that issuing convertible bonds is better than issuing stock when the firms shares are undervalued. Suppose that the financial manager of Decent Furniture Company does in fact have inside information indicating that the decent stock price is too low. Decent furniture earnings will in fact be higher than investor’s expectations. Suppose further that the inside information cannot be released without giving away a valuable competitive secret. Clearly, selling shares at the present low price would harm Decent’s existing shareholders. Will they also lose if convertible bonds are issued? If they do lose in this case, is the loss more or less than it would be if common stock is issued? Now suppose that investors forecast earnings accurately, but still under value the stock because they overestimate Decent’s actual business risk. Does this change your answer to the questions posed in the preceding paragraph? Explain.

2740


Define previous year.

1064


Can u please give me example of bonds? is National savings certificate a Bond?

2853


What are the functions of manger -accounts and manager-finance?

1197


how sales invoices adjusted against advance received from Debtor?

1899


What is revaluation of assets.when it occurs

2282


1.recivable and payble 2.pf,tds,esi

2037


If a prospective client kept presenting you with excuses not to buy, what would you do?

1157


Dear Friends, Please help me with the below, I am new to the current company and newly accountant. My question is, In Balance sheet, Cash in Drawer is showing excess amount and I could not tally it with sales. Please guide me how do I need to tally CASH IN DRAWER? I don't want to reconcile. I only want to tally. Please help. Thanks in advance.

3429


What do you think you do well?

17306


Explain me is any difference between inactive and dormant accounts?

1064


can payorder be issued for outstation?if yes then how?should it be account payee?

2287