Dear Readers, Welcome to Accountant Interview Questions and Answers have been designed specially to get you acquainted with the nature of questions you may encounter during your Job interview for the subject of Accountant. These Accountant Questions are very important for campus placement test and job interviews. As per my experience good interviewers hardly plan to ask any particular questions during your Job interview and these model questions are asked in the online technical test and interview of many IT companies.
You can tell about your experience in analyzing current and future business operations, costs, trends, and revenues. You may speak about giving advice in these and other areas, such as budget forecasts, and developing solutions to financial problems in general.
You can mention experience with taxes (taxes owed and tax return) and relevant government regulations, your work with the tax authorities and Internal Revenue Service, and any experience with government record keeping.
This is best answered with examples of specific relevant responsibilities: analysis of business operations, financial advice based on projections of current and future revenues and expenses, specific problems solved, analysis and development of budgets, etc.
Describe tasks done with applications like Microsoft Office, as well as services like client support and representation through the internet, online research and communication with colleagues, development and documentation of accounting and record-keeping systems, etc.
Talk about any reports and data analyses that you have done, including financial analyses and reports, evaluation, inventorying, reports on equipment and real estate, documentation of accounting systems, management of account tables and entries, etc.
You can describe anything that has to do with client service or cooperation at work: team projects, team problem solving, client representation and support, auditing services, etc.
Be specific here. Mention projects which were difficult or had to be completed in little time, or urgent problems you solved effectively. If you don’t have an example from your professional life, you can mention situations from your personal or public life which demonstrate efficiency under pressure.
Just saying that accountancy offers professional qualifications that pave way for a wide variety of opportunities in business is a good answer. You can also say that you hold the capability of bringing about a change as accountancy is a fast changing profession.
The qualities for a good accountant are largely similar to those of any good employee. While you include determination and self-discipline, you must also focus on you key deliverables. Mention that you are a team player and possess strong analytical skills along with saying that you are keenly interested in auditing/accounting. Also, don’t forget to highlight the various accounting softwares that you are familiar with.
The interviewer expects you to do some research about the company and go for the interview. Facts worth mentioning in an answer to this question would include availability of opportunities, offices in various cities and the general mood of the market towards the firm – an accounting organisation is always referred to as a firm and not a company.
Explain a recent situation and how you were able to identify key issues and detect problems from relevant information and how exactly did you go about managing the case. Include all the skills that you put to use to get through the situation and also mention the alternatives that you considered – don’t forget to explain as to why did you choose a particular alternative over others. Be specific while answering this question instead of narrating a story.
Ahh…the magic of basics! You can run, you can hide but you cannot escape this question in an accounting interview – even if you are biggest player in your present firm. This questions checks your familiarity with the basics so, brush up your knowledge – even the high school level – before you go for any interview at all. The best way to answer this question would be to frame the definition of each term and then explain the relationships – this will not only show your subject knowledge but also give a preview of how efficiently can you apply knowledge to practical situations
Basics again! This question, more than checking your knowledge, checks the validity of your work experience. Be to the point and demonstrate the cycle followed by your current firm along with the other possible variations.
Explain at the beginning, in a layman’s language as here the interviewer is trying to check how much you remember what you had studied in your early days. Start with settling the differences between bank pass-books and bank ledgers and then graduate to more complex details without boring the interviewer with too much information.
Explain what you did, what changed as a result, and how the change benefited the organization. Refer to skills you used in the change process, such as leadership, problem solving, and communication. Accounting is a dynamic profession; employers hire people who can manage change.