Asked by: Xiuzhu Lohs
careers resume writing and advice

What are the questions asked in accounting interview?

Last Updated: 6th February, 2020

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Here are some of the top accounting interview questions which are generally expected:
  • Q1. How many types of business transactions are there in accounting?
  • Q2. Explain real and nominal accounts with examples.
  • Q3. Which accounting platforms have you worked on?
  • Q4. What is double entry bookkeeping?
  • Q5.
  • Q6.
  • Q7.
  • Q8.

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Then, how do I prepare for accounting interview?

How to Prepare for an Accounting Interview - 10 Tips

  1. Know Your "Why" Why do you want to be an accountant?
  2. Brush Up On the Basics. A few basic accounting interview questions include:
  3. Plan Stories.
  4. Arrive Early.
  5. Be Specific.
  6. Demonstrate Your Value.
  7. Research the Company.
  8. Research Your Field.

Also, what are the top 10 interview questions and answers? Top 10 Interview Questions and Best Answers

  1. Tell me about yourself.
  2. Why should we hire you?
  3. What is your greatest strength?
  4. What is your greatest weakness?
  5. Why do you want to leave (or have left) your current job?
  6. What are your salary expectations?
  7. Why do you want this job?
  8. How do you handle stress and pressure?

One may also ask, what are the questions asked in finance interview?

Corporate finance interview questions includes different kind of questions asked at the time of interview such as How do you interpret the financial statements of the company and what does it tell about ?, What should be the major area of focus of the company as per latest financial statements?, Explain the sources of

What are the questions and answers for an interview?

Here are some of the most common interview questions, along with the best way to answer them:

  1. "Tell me a little about yourself."
  2. "What are your biggest weaknesses?"
  3. "What are your biggest strengths?"
  4. "Where do you see yourself in five years?"
  5. "Out of all the other candidates, why should we hire you?"

Related Question Answers

Luali Cheklyanov

Professional

How can I impress my accountant in interview?

Tips To Help You Ace That Accounting Job Interview
  1. Be fully acquainted with expected questions and answers.
  2. Use numbers when discussing your work experience.
  3. Be knowledgeable about the latest accounting software.
  4. Make sure you demonstrate to the interviewer that you are detail-oriented.

Jonah Rapin

Professional

What are the top 20 interview questions?

Here's our definitive list of the most commonly asked interview questions:
  • Tell me about yourself.
  • What are your weaknesses?
  • Why should we chose you for this job?
  • What are your hobbies outside of work?
  • Where do you see yourself in five years' time?
  • Why are you leaving your current position?
  • What are you main strengths?

Hermita Sangeeta

Professional

How do I sell myself as an accountant?

Here are a few tips to help you accelerate your professional journey and market your skills as a freelance accountant:
  1. Market to start-ups and small businesses.
  2. Join a freelance network.
  3. Sign up with a recruitment agency.
  4. Make use of digital and social marketing.
  5. Build a consultancy.

Ariadne Gerigk

Explainer

Why do you want this job?

The hiring manager wants to: Learn about your career goals and how this position fits into your plan. Make sure that you are sincerely interested in the job and will be motivated to perform if hired. Find out what you know about the company, industry, position (and if you took the time to research)

Tatsiana Ermanno

Explainer

Why should we hire you as an accountant?

You could hire any number of professionals to take care of bookkeeping and generate financial reports. However, a good accountant is able to find ways to reduce expenses, restructure debt, find legal loop holes in the system, and improve efficiency.

Jeremiah Daschler

Pundit

What is your greatest strength?

Here are a few other aspects of a perfect "what are your strengths" example answer: Your greatest strength happens to be a skill you need to do the job. Your greatest strength sets you apart from other candidates. You show off your communication skills when you provide the answer.

Baroudi Likum

Pundit

What are the top 5 questions to ask an interviewer?

Impress the hiring manager at your next interview with these top five questions to ask at the end.
  1. What do you expect from team members in this position?
  2. Will those expectations change over time?
  3. What is a typical day like at [company name]?
  4. Where do you see the company in five years?

Temple MendaƱa

Pundit

What are the five principles of accounting?

5 Principles of Accounting are;
  • Revenue Recognition Principle,
  • Historical Cost Principle,
  • Matching Principle,
  • Full Disclosure Principle, and.
  • Objectivity Principle.

Myla Vyltsan

Pundit

Why should we hire you examples?

Make his job easier by convincing him that:
  • You can do the work and deliver exceptional results.
  • You will fit in beautifully and be a great addition to the team.
  • You possess a combination of skills and experience that make you stand out from the crowd.
  • Hiring you will make him look smart and make his life easier.

Sirley Bernuz

Pundit

What are good financial questions?

10 Basic Personal Finance Questions You Need to Answer
  • Is your emergency fund sufficient?
  • If your emergency fund is sufficient, other than saving for retirement or your children's education, are you done saving?
  • If you have children, how will you help fund their education?
  • What would happen if you were to lose your job?

Shuyan Dorhofer

Teacher

What is a financial concept?

Financial statements are a collection of reports about a company's financial activities. They highlight a company's ability to generate cash flow and its capacity to repay its debts. The balance sheet, which shows a company's assets, liabilities, and shareholders' equity over a specified period.

Tullio Haberstig

Teacher

What motivates you to apply for this position?

Good answers to the question 'what motivates you?'
  • meeting deadlines, targets or goals.
  • mentoring and coaching others.
  • learning new things.
  • coming up with creative ideas to improve something, or make something new.
  • analysing complex data in order to draw clear and simple conclusions.
  • working well as part of a team.

Aminata Ariz

Teacher

What are the interview questions for finance manager?

20 FINANCE MANAGER Interview Questions & Answers
  • Q3. What will you bring to the role of Finance Manager?
  • Q4. What is your understanding of the Finance Manager role and are you ready for the challenge?
  • Q5. When making a decision that has a wide impact across different parts of our organization, what factors would you consider?
  • Q6.
  • Q7.
  • Q8.
  • Q9.
  • Q10.

Nikole Hantuev

Teacher

How do I do well in finance interview?

Tips for Nailing a Finance Job Interview
  1. Do Your Research.
  2. Review Your Resume – And Then Have Someone Else Look At It.
  3. Show Off Your Communication Skills.
  4. Brush Up On Excel.
  5. Prove Your Industry Knowledge.
  6. Find Something That Sets You Apart.
  7. Have Examples Ready To Use.
  8. Don't Forget About Community Involvement.

Shamika Perri

Reviewer

What are assets liabilities?

In its simplest form, your balance sheet can be divided into two categories: assets and liabilities. Assets are the items your company owns that can provide future economic benefit. Liabilities are what you owe other parties. In short, assets put money in your pocket, and liabilities take money out!

Najiha Pedroto

Reviewer

Which is cheaper debt or equity?

The cost of debt is usually 4% to 8% while the cost of equity is usually 25% or higher. Debt is a lot safer than equity because there is a lot to fall back on if the company does not do well. Therefore in many ways debt is a lot cheaper than equity.

Choaib Strobele

Reviewer

Can you tell me a little about yourself?

Here's a little secret: When an interviewer says, "Tell me about yourself," he or she really wants to know how your experience is pertinent to the job you're interviewing for.

Na O dell

Reviewer

What to say for Tell me about yourself?

How to answer “Tell me about yourself”
  • Mention past experiences and proven successes as they relate to the position.
  • Consider how your current job relates to the job you're applying for.
  • Focus on strengths and abilities that you can support with examples.
  • Highlight your personality to break the ice.

Jenara Osenbruck

Supporter

What are 3 types of interviews?

There are three types of interviews: unstructured, semistructured, and structured. Unstructured interviews: These are interviews that take place with few, if any, interview questions. They often progress in the manner a normal conversation would, however it concerns the research topic under review.