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Accounting Interview Questions


Accounting Interview Questions

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 Accounting Interview Questions
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Where do you put non current lease payment on a statement of cash flow? 
View Question | Asked by : dew557

Which failure and unexpected problem do you remember in your resposibilties?What about the reason for this ?How did you react?Which conclusion did you draw from that?What would you do different today in 
View Question | Asked by : jafarokl

Calculation of turnover in construction comapanies? What is the use of turnover? If turnover was not announced annualy, what are the problems arised? 
Latest Answer: In general context turnover means volume of sales  in case of Construction compay turnover means Projects complted in a particular period . with the hepl of turnover one can assess the efficiency and profitabllity of the company ...

This is for any of you who have worked in a role of BA Hedge Accounting.I need to get an idea of your role in that position.Who are the stakeholders? Do you need to have an in depth knowledge of derivative 
Latest Answer: Hi,Even I want to work as Business Analyst. I am looking for BA position. As far as derivatives are concerned they are very simple to study.Obtaining in-depth knowledge of derivatives is not much difficult.Vasudeo ...
Read Answers (1) | Asked by : Dadm

What is contribution margin and how it is calculated? 
Latest Answer: Contribution means Total Sales-Variable Cost= Contribution Contribution is a combination of Fixed expenses + or - profit meansIf Sales are 10000 and Variable cost is 7000 and Fixed cost is 3200 then contribution margin is -200 ...

Explain what is money market? 
Latest Answer: Money market is the market of money.Just like goods and services are sold in market money itself is also sold.That does not mean foreign currency. I mean when you buy short term deposit, treasury bill of government, commercial paper etc then it is called ...

What is the importance of the profit and loss account? What is the most important item of the P&L A/C (asked in a Citibank interview) 
Latest Answer: Net profit is shown in the liability side because company is liable to pay that much amout to owner/owners of the company. ...

What is meaning of Stale Cheque? 
Latest Answer: The  words are self explanatory. Each negotiable instrument has a validity. No financial instrument can be given for indefinite period. A cheque which has crossed maximum 6 months from the date of signing the cheque is stale cheque. That 6 months ...

What are the major areas of differences in financial accounting and reporting practices observed around the world? In what areas are there substantial similarities? 
Latest Answer: I must admit. This is one of the best questions ever asked in this forum.I don't know the answer. And I want the answer. I believe the answer can be given only by someone who is experienced in different accounting practices worldwide. ...
Read Answers (1) | Asked by : ldfudf

What are the month end activities in FICO 

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