List of interview questions ca freshers

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List of Interview Questions – CA Freshers

Work Ethics/Values and Experience:                             

1. Tell me about yourself.

2. What are some of your most significant accomplishments or achievements?

3. What would you say was the main thing you learned in your last job?

4. What qualities should a successful manager possess?

5. What have you admired in people who have previously supervised your work? What haven’t you admired in these individuals?

6. What classes did you like most in school? Which gave you the most difficulty? Why?

7. For you, what are some of the pros and cons of working on a team project?

8. Please tell me about your accomplishments in extracurricular activities.

9. What was the most difficult aspect of obtaining a college degree?

10. What prior work experiences have you had?

11. Describe three things that are most important to you in a job?

12. Why did you choose this major field of study?

13. Recall an important report you had to prepare. How did you go about planning and organizing it?

14. What was the toughest decision you had to make in the last year? What made it so difficult?

Personality and Self-Awareness (skills and strengths)

 

15. What would you say are your main assets, strengths, and limitations?

16. Please list three personal attributes that you would like to improve, and tell me any efforts you’ve made to make improvements in these areas.

17. Please tell me five things about yourself that would make you an asset to any organization that hired you.

18. If you could change one thing about your personality with a snap of your fingers, what would it be and why?

19. What have you done that shows initiative and willingness to work?

20. How would a co-worker, friend, or boss describe you?

21. What qualities do you admire most in others?

22. Who or what had the greatest influence on your life?

23. What do you enjoy doing most?

24. Why did you choose your particular college or university?

25. Should grades be used as an indicator of future career potential when an organization is considering new college graduates?

26. How you determine or evaluate success?

27. Under what kinds of conditions do you do your best work? What kinds of working conditions do you find the most difficult?

28. What aspects of this job do you think you’ll find the most interesting?

29. If you were hiring a graduate for this position, what qualities would you look for?

30. If you could relive your college experiences, what would you do differently?

31. When comparing one company offer to another, what factors will be important to you besides starting salary?

32. It’s possible, of course, to be loyal to your employer but still to disagree with some of the rules and policies. Can you provide an example in your own experience?

33. Describe a typical school week. Tell me how you planned the week’s activities.

34. If you were hired by our organization, how would you identify the major roles and responsibilities of your new position?

 

Desire and Career Goals (motivation)

 

35. What do you expect from a job?

36. What happens if you accept a position with our company, and then you are offered another job more closely related to your chosen field?

37. Why did you leave your last job?

38. What salary do you expect? What company benefits are most important to you?

39. What motivates you to put forth your greatest efforts?

40. If you could create the perfect job for yourself, what would you be doing?

41. What are your long range goals and objectives? How are you preparing to achieve them?

42. Please tell me about your plans for the future. How do you plan to achieve your career goals?

43. If you could, what changes would you make in your school’s academic program?

 

Knowledge of the Organization

 

44. How will employment with us contribute to your career plans?

45. Why do you want to work for XYZ company?

46. Why do you want to work in the position you are seeking?

47. What do you know about our organization?

48. Is there anything about this company or job that makes you apprehensive? Why?

49. What criteria are you using to evaluate the organization for which you hope to work?

50. What do you think it takes to be successful in an organization like ours?

Technical Questions:

1. What are the roles and responsibilities of a CA in a firm or an organization?
2. Explain the accounts payable cycle.
3. On which side of the balance sheet TDS received should be shown?
4. What do you understand by inactive accounts and dormant account?
5. Explain Perpetual and Periodic Inventory systems?
6. Currently how many accounting standards are published?
7. Explain fictitious assets with an example?
8. What accounting entries you need to pass in branch accounts?
9. What are the mandatory disclosers that a company needs to make to the market regulator?
10. What will you do to control ineffective spending on an activity?
11. Do the responsibilities of a CA vary between industries and departments?
12. What do you consider to be the biggest challenge facing the accounting profession today?
13. How is accounting different from auditing?
14. What is marginal cost?
15. What do you mean by material facts in accounting?
16. Define offset accounting?
17. What is the difference between provision and reserve?
18. What is Use of statistics in accounting?
19. What are cost accounting and its applications?
20. How to prepare finalization accounts?
21. What is meant by partitioning?
22. Explain the accounts payable cycle.
23. What are accounting ethics which a CA should practice?
24. What is accounting chart of accounts?
25. What is definition of a cash float in accounting?
26. What is fair value accounting?
27. What is balance sheet and off balance sheet?
28. What is depreciation? How many types of depreciation do you know?
29. What are trade bills?
30. What are the disadvantages of back-flush accounting?
31. What is the TDS effect in balance sheet if TDS is received?
32. What is dividend warrants?
33. What is an operative accounts?
34. What is fiduciary accounting?
35. What is Letter of Credit?
36. How can you do credit control?
37. What does it mean to do accounting training outside of public practice?
38. What is Capital Budget?
39. What is budgeting?
40. What is difference between forecast and budget?
41. What is the best way to code expenses like Coding license agreements, service contracts and maintenance contracts to a GL?
42. What do you mean by DOA?
43. How is a PO (purchase order created)?
44. How does the payment mechanism work?
45. What is debit and credit from the banks point of view?
46. What is debit and credit from the customer point of view?
47. What is the pay roll system?
48. What is GST?
49. What is interest on capital, how it is calculated?
50. What are the types of purchase order status and what is their relevance?
51. What is Account payable audit?
52. What is an IFA?
53. What is the difference between EFT & wire?
54. What is accumulated loss?
55. What is the meaning of TDS? How it is charged?
56. What do you mean by financial instruments?
57. What is a NAFCO?
58. What is SLA?
59. Why are accounting firms needed?
60. What are the differences between Indian accounting standards and IFRS?

Replies (11)

A good compilation of questions but it would be of great value addition, if suggestive answers were provided too. 

Thank you Sathish. Answers to questions other than technical ones have been uploaded by me earlier in files section.

How to tackle common finance interview questions 

Interview questions are designed to draw out information about how you have made a difference in your organization, but it can be difficult to come up with examples when you are nervous.

To make sure you present your experience and suitability for the role in the best light, preparing and practicing answers before the interview is key. If you are not trying to come up with the right example for each answer on the spot, you’ll be less nervous.

1. Give me some examples of how you applied your finance skills in previous roles. Remember to keep to specific examples, ideally from recent roles. Always use examples that result in improvements to the organization. Bear in mind that a top performing commercial finance team serves its customers (both internal and external) and seeks to stay ahead of the competition by adopting the latest technology and systems.

Outcomes you might want to cover include cost savings delivered or increases in sales income, market share, profitability, and cash flow. Any processes, systems, or services that improved efficiency or levels of service are worth highlighting.

Take this opportunity to demonstrate your interpersonal skills – with colleagues as well as external stakeholders, suppliers, and organisations with which the company has a commercial or statutory relationship.

2. Do you have knowledge of the accounting standards relevant to this industry? Do your research before the interview to make sure you are up to date on current standards and are aware of the latest status of any new draft accounting standards or proposed changes – particularly those specific to your sector, such as charity reporting and accounting guidelines.

Explain briefly whether you have knowledge of accounting standards, generally accepted accounting principles, and the US Sarbanes-Oxley Act of 2002. Describe the depth of your knowledge, how it applies to the role, and, more importantly, how you stay up to date.

3. What is your role in the month-end close process? This is a key question, and you must be able to clearly articulate your role and responsibility. Provide detail as to how you go about the close at your current or most recent employer. Give examples of where you have reduced the month-end close, made the process more efficient, and improved the accuracy of actual and forecast figures reported. 

Explain the changes made and how you implemented them, and include the interpersonal skills used to effect the changes within the organisation. If there was resistance to change, explain how you overcame it.

4. Describe a situation when you took the lead on a process or system implementation or were proactive. Hiring managers are hoping to hire accountants who have implementation experience and have encountered and overcome implementation issues, which had they not been addressed would have resulted in delays or even non-implementation of a project.

Give at least two examples of where issues have occurred and how you dealt with them in a timely and efficient manner. How you handled difficult situations involving staff, such as managers, board members, and external stakeholders is particularly relevant.

5. How hands-on were you? Your response will depend on whether you’ve been working for a small or large firm. Give examples of just how detailed the tasks you delivered were; this will demonstrate your experience.

 

6. What experience do you have of developing business metrics? Keep it brief and give as many recent examples of practical experience as you have. Then you can open the conversation out to previous employers’ specific business metrics.

7. What are your biggest weaknesses? All accountants should be able to give one shortcoming – it’s important to understand what you cannot yet do as well as your strengths. Examples might include, “I’ve never done the monthly close, IFRS reporting, or Sarbanes-Oxley on my own, but I’ve supported that process.” Or, “I can be impatient but am learning to handle it better.”

 

Originally posted by : Rupesh Maheshwari
Thank you Sathish. Answers to questions other than technical ones have been uploaded by me earlier in files section.

Good job done Rupesh...!! Kudos...!!!! yes

Thanks bro .. Keep psting ..

Sir,

Thank you.

Can you please post the link of the article please as I am not able to locate it.

 

Here are the links:

 

/share_files/interview-questions-sample-excellent-responses-72152.asp

/share_files/70-commerce-and-management-interview-q-a-72182.asp

Thanks sir.

nice effort..

thansk sir

Sir could you also post interview questions which are related to CS?


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