- Download PDF of Accounting Interview Questions and Answers
When you are interviewing for an Accounting job, in addition to the basic interview questions you will be asked during a job interview, you will be asked more focused and specific accounting questions, about your education, skills, certifications, languages, and accounting software you have expertise in.
The hiring manager will want to know, in detail, how equipped you are to handle the position.
Prepare for the interview by considering the job qualifications - what skills, knowledge, and experiences you'll need for to be successful in the job.
Take the job requirements that are included in the posting and make a list of the top qualifications the employer is looking for. Then match your credentials to the list. Be ready to discuss why you have each attribute the company wants.
Review this list of accounting interview questions and take the time to prepare responses based on your qualifications for the job. When responding give specific examples, whenever possible, of how you have handled a project or situation. Providing details will show the interviewer how and why you are qualified for the job.
Below is a list of some of the questions contained in the full PDF Download
Q::How many types of business transactions are there in accounting?
A::There are two types of transactions in accounting i.e. revenue and capital.
Q::Did you use accounting applications at your previous companies or prefer working
A::Yes, I have used Advanced Business Solutions and AME Accounting Software in my previous
Q::Can you name any other accounting application?
A::Yes, I am familiar with CGram Software, Financial Force, Microsoft Accounting Professional,
Microsoft Dynamics AX and Microsoft Small Business Financials.
Q::What is balance sheet?
A::It is a statement that states all the liabilities and assets of the company at certain point.
Q::What is tally accounting?
A::It is the software used for accounting in small business and shops for managing routine
Q::In accounting, VAT abbreviates what?
A::VAT means Value Added Tax.
Q::Define Executive accounting?
A::It is a type of accounting that is specifically designed for the business that offers services to
Q::Can you name different branches of accounting?
A::There are three branches of accounting named as “Financial Accounting”, “Management
Accounting” and “Cost Accounting”.
Q::Define balancing in accounting?
A::Balancing means to equate both sides of the T-account i.e. the debit and credit sides of a Taccount must be equal/balanced.
Q::Define Marginal Cost?
A::Suppose you have to produce an additional unit of output. The estimated cost of additional inputs
to produce that output is actually the marginal cost.
Q::Define Partitioning in accounting?
A::It is a kind of groups made on the basis of same responses by a system.
Q::Define the term material facts in accounting?
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