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How do you prepare MIS report, what all area you will cover
Which accounting software tools are you familiar with?
What were some responsibilities in your previous job in accounting?
how do you improve accounting process at work?
What have you done in the last 12 months to improve your skills that could be useful in this role?
How do you handle working with tight deadlines?
How do you ensure the accuracy of your accounting entries?
What do you think is the biggest challenge accounting is facing these days?
How much interaction with clients did you have in your previous roles?
Describe your experience with financial reporting and analysis.
Explain your experience with consolidating financial statements.
How do you approach financial planning and decision making?
Discuss a time when you presented financial information to non-financial stakeholders and how you made it accessible
What is GAAP? Generally Accepted Accounting Principles (GAAP)
Key point of GAAP..?
GAAP refers to a set of guidelines that dictate how to prepare and present financial statements. Companies follow these
principles to ensure that their financial reports are accurate, consistent and transparent. GAAP helps build trust and
credibility with investors and stakeholders by providing a standard framework for financial reporting.
GAAP is the set of accounting rules set forth by the FASB that U.S. companies must follow when putting together financial
statements.
GAAP aims to improve the clarity, consistency, and comparability of the communication of financial information.
GAAP may be contrasted with pro forma accounting, which is a non-GAAP financial reporting method.
The ultimate goal of GAAP is to ensure a company's financial statements are complete, consistent, and comparable.
GAAP is used mainly in the U.S., while most other jurisdictions use the IFRS standards
Tell us about a project you led and its impact on the financial performance of the company where you worked.
Explain your experience with financial forecasting and how you ensure the accuracy of predictions
Share a challenging project you have worked on as a chartered accountant
What is the difference between Fund flow and Cash flow..?
How are the balance sheet and income statement connected?
What is a revenue expenditure?
What Is an Intangible Asset?
What is the Difference Between Budget and Forecast
Sales
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