Interview: BOOKKEEPER
1. Tell me about yourself.
First is I just want to thank you for this opportunity. I am Kyla Catibog, you can call me Kyla, I am 22 yrs old, I graduated
with a bachelor`s degree major in financial management in Lipa City Colleges last June 2024.
I would describe myself as an ambitious, self-motivated person, and have a passion for continuous growth and learning.
I had my internship done in Commission on Audit in Lipa City Hall where I audit and reconciled payrolls, official receipt,
checked (RCD) reports of collection and deposit and disbursement vouchers, transmittals and the signatories in the
documents. I also sort the official receipts of the treasurer.
And I`ve been under the Asian Vision for the past 3 months `til the present. I sort the vouchers for distribution to the
bookkeepers, update the cash receipts record, prepares and distribute the service invoice, and also prepare the
acknowledgement receipt.
And I could say learned a lot of valuable and useful knowledge in those experiences.
2. What position to apply? Bookkeeper
3. Why do u want to work with this company?
I am eager to continue working at Asian Vision Cable Holdings Inc. because I see it as an excellent place to
further hone my skills and continuously improve. The company offers invaluable learning and growth
opportunities, which align perfectly with my professional aspirations.
Having been here for three months, I have truly enjoyed my experience. I have gained a deep understanding of the
work environment, company culture, and my colleagues, all of which contribute to a positive and supportive
atmosphere. I am excited about the possibility of growing within the company and making meaningful
contributions to its success.
What makes u unique from other applicants?
I take pride in my ability to learn quickly, improve, and contribute meaningfully to the team.
I have integrity which i think i very important because you always do the right thing even when there is no one
looking.
I also value trust very much. It is hard to gain so, once i got it, i'll do my very best to protect it.
Where do u see yourself 5 years from now?
In the next 5 years, i would see myself as still part of this company with a better career growth who gained a lot
of knowledge. Professional Development Commitment to providing success to the company.
In five years, I see myself growing within Asian Vision Cable Holdings Inc., expanding my skills, taking on more
responsibilities, and making meaningful contributions to the company’s success. I hope to continue learning,
improving, and advancing in my career while being part of a team that drives innovation and excellence
Strength
- Fast learner High standard and have a keen eye for detail
- "I am adaptable, hardworking, and eager to learn. I thrive in collaborative environments and always look for
ways to improve my skills. I am also highly organized, ensuring efficiency in my tasks."
Weakness
- One of my weaknesses is being people pleaser. It's quite hard for me to say no when someone ask a favor. I tend
to compromise my own time and extend just to accommodate someone's request. Given that I am aware of this
weakness of mine, I have learned to filter requests and when to say Yes.
- "I sometimes take on too many responsibilities at once, wanting to help as much as possible. However, I am
working on prioritizing tasks more effectively to maintain productivity and avoid burnout."
My short term goal is to master the process. My long term goal is to use my mastery in taking more responsibility by
going up the ladder.
Why should we hire u?
I believe my motivation, adaptability, and strong desire to learn makes me a valuable candidate.
Ask in the end of interview - “Is there anything I could clarify about myself to strengthen your decision?” “If you had to
give me one piece of advice on working for this company, what would it be?”
How have your studies prepared you for a role in bookkeeping?
Answer: "My studies in finance and accounting have provided me with a comprehensive understanding of
financial principles and practices. Courses such as Corporate Finance, Risk Management, and Financial Analysis
have been particularly relevant.
Can you give an example of a challenging project or coursework you completed?
I think the most challenging thing I encountered during my internship was when the overall total is not balanced with the
general ledger. I was compiling everything us the interns did and was also checking the overall total of payrolls to the
general ledger and when it is not balanced I need to manually look the thousand employees payroll so I can see where
my co-interns made a mistake of if there was really a discrepancy.
Salary
Based on my research and understanding of the industry, I believe the salary range of 13-15k per month would be
appropriate for this position.
College days
I spent the 2years of college virtually because of the pandemic and the rest 2 years with the hybrid setup. For the classes,
we mostly did presentation for the topic to us.
What motivates u?
-My goals in life. To have a good work with a good work environment and live the life.
What are the common or potential challenges for this role?
Is there anything u want me to clarify to strengthen my application?
HANDLING STRESS
I handle stress by staying organized, prioritizing tasks, and maintaining a positive mindset. When faced with challenges, I
focus on problem-solving rather than feeling overwhelmed. I also take short breaks when needed to refresh my mind,
ensuring I stay productive and motivated.
Why did u take BSBA major in FM?
- Growing up, i`ve really been looking forward to work in a corporate or a company office. And as for the FM, it is
cuz I believe that FM is the heart of the business. Finance plays a crucial role for the success and sustainability of
every business. It is like a universal language of every business.
For Businesses:
1. BIR Registration (Form 1901/1903) – All businesses must register with the BIR to receive a Certificate of
Registration (COR).
2. Taxpayer Identification Number (TIN) – Required for tax-related transactions.
3. Books of Accounts – Businesses must maintain manual or computerized books for proper financial record-
keeping.
4. Official Receipts & Invoices – Must be registered with BIR and used for transactions.
5. Annual Income Tax Return (ITR) – Businesses must file this yearly.
6. Quarterly VAT or Percentage Tax Returns – Businesses must file either VAT (Value-Added Tax) or Percentage Tax
depending on their tax category.
7. Withholding Tax Compliance – Employers must withhold and remit taxes on salaries and other payments.
8. Annual Audited Financial Statements – Some businesses must submit these to BIR and SEC (for corporations).
9. Business Permit Renewal – Must be done annually along with BIR tax compliance.
ACCRUED EXPENSES ACCOUNTS PAYABLE PREPAID EXPENSES
Goods or services you pay for Goods or services you`ve Goods or services you paid for
after receiving them; expenses received invoices for but not yet before receiving them.
you must account for, even paid.
though you haven`t received an
invoice for them.
Accrued Revenue
- Service made by you, no invoice yet. No cash received yet.
- Dr. Accounts Receivable
- Cr. Service Revenue
Accrued Expense
- Received a service, not paid yet. Ex. Employee worked for you.
- Dr. Salaries Expense
- Cr. Salaries Payable
Prepaid Expense
- Expense that you paid for in advance. No service received yet. Ex. Insurance (Paid monthly)
- Dr. Insurance Expense
- Cr. Prepaid Insurance
Unearned Revenue
- money a business receives before it has provided the goods or services promised. Ex. Customer paid for a
subscription.
- INITIAL ENTRY (WHEN CASH IS RECEIVED)
- Dr. Cash
- Cr. Unearned Revenue
- ADJUSTING ENTRY (AFTER 1 MONTH- PAYABLE MONTHLY)
- Dr. Unearned Revenue
- Cr. Service Revenue
ACCRUED INTEREST
- Borrowed cash with interest. Ex. Loan.
- Dr. Interest Expense
- Cr. Interest Payable
AMORTIZATION
- Reduction of value in Intangible assets (patents, trademark)
- Dr. Amortization Expense
- Cr. Accumulated Amortization
LOAN AMORTIZATION
- Pay loans with principal and interest
- Dr. Loan Payable
- Dr. Interest Expense
- Cr. Cash
DEPRECIATION
- Reduction of value in tangible asset (building, car)
- Cost of Asset – Salvage Value / Useful Life
- Dr. Amortization Expense
- Cr. Accumulated Amortization
