Accountant/ Accounts Executive Interview Questions and Answers in 2025 (100+ Q&A)

Ques:- Tell something about taxes ie. VAt, CST, TDS, PF, PT, income tax, BRS, heads of balance sheet.

Asked In :- BOM, Apar Industries, Doshi Accounting and Services, Dataflow Learning, tata aig life insurance, medical mutual, federal inland revenue service (firs), mazars uk, ria financial, xl dynamics india pvt. ltd.,

Right Answer:
VAT (Value Added Tax) is a consumption tax on the value added to goods and services. CST (Central Sales Tax) is levied on sales of goods between states in India. TDS (Tax Deducted at Source) is a tax collected at the source of income, applicable to various payments like salaries and interest. PF (Provident Fund) is a retirement savings scheme where both employer and employee contribute. PT (Professional Tax) is a tax on professions, trades, and employment. Income Tax is a tax on an individual's or entity's income. BRS (Bank Reconciliation Statement) is a document that matches the cash balance on a company's books to the corresponding amount on its bank statement. The heads of a balance sheet typically include Assets, Liabilities, and Equity.

Accountant/ Accounts Executive Accounting Software

Ques:- What do you know about purchase invoice process.

Asked In :- Milliman India, GACL, TTN, SpringRole, Synergy Consulting, Nextgen Clearing, SurePrep, Jiva Ayurveda, Knowsley Council, W P Carey,

Right Answer:
The purchase invoice process involves receiving an invoice from a supplier after goods or services have been delivered. It typically includes verifying the invoice against purchase orders and delivery receipts, recording the invoice in the accounting system, and processing it for payment. This ensures that the company accurately tracks expenses and maintains proper financial records.

Accountant/ Accounts Executive MIS

Ques:- What is Information Technology?

Asked In :- TCI Express, brf, federal reserve bank of st. louis,

Right Answer:
Information Technology (IT) refers to the use of computers, software, networks, and other electronic systems to store, process, and manage data and information.

Accountant/ Accounts Executive Aptitude

Ques:- Took a typing test.

Asked In :- MP Chitale & Co, Janus Henderson Investors, willkie farr & gallagher llp, fia,

Right Answer:
The answer is: "I completed the typing test successfully."

Accountant/ Accounts Executive Personal Questions round

Ques:- Tell me about ur self.

Asked In :- Leyton, Money Mart Financial Services, pwc, usli, pedabo,

Right Answer:
I am a detail-oriented accountant with over [X years] of experience in financial reporting, budgeting, and tax preparation. I have a degree in accounting and am proficient in various accounting software. I enjoy working with numbers and helping businesses manage their finances effectively. In my free time, I like to stay updated on industry trends and improve my skills through online courses.

Accountant/ Accounts Executive Company LawCompliance

Ques:- What is company law?

Asked In :- bank of england, ocwen financial solutions, crum & forster, lendingkart, mineraltree, inc., ernest jones,

Right Answer:
Company law is the body of laws that governs the formation, operation, and dissolution of companies. It regulates the rights and obligations of companies, their shareholders, directors, and other stakeholders.

Accountant/ Accounts Executive Cost Accounting

Ques:- What is the cost accounting?

Asked In :- Jayaswal Neco Industries, UTS Consultants, iServeU (India), Team Ferro Alloys, sampath bank, icici prudential amc ltd, pwc philippines, sendik's food market, suprajit engineering ltd., dashen bank s.c.,

Right Answer:
Cost accounting is a method of accounting that focuses on capturing a company's total costs of production by assessing the variable and fixed costs associated with producing goods or services. It helps businesses understand their costs, set budgets, and make informed financial decisions.

Accountant/ Accounts Executive Accounting Standard

Ques:- Asked about the accounts.

Asked In :- Chambal Fertilisers, Burlington Stores, the hong kong jockey club, hugh james, creditas, laser clinics australia,

Right Answer:
Could you please clarify which specific aspect of accounts you would like to discuss?

Accountant/ Accounts Executive Accounting Software

Ques:- Can u navigate accounting software?

Asked In :- Tally Solutions, ABN AMRO, Haldiram, Novel Office, Sage Intacct, NAV Backoffice, Nextgen Clearing, SurePrep, Finonyx, Jiva Ayurveda,

Right Answer:
Yes, I can navigate accounting software efficiently.

Accountant/ Accounts Executive Accounting Standard

Ques:- STANDARDS USED IN ACCOUNTS

Asked In :- Performio, capitec bank, connells, sbi capital markets, qatar investment authority, bdo, synergen health llc, eassist dental billing, sentinel, graham construction,

Right Answer:
The main accounting standards used in accounts are Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).

Accountant/ Accounts Executive Budgeting

Ques:- Define budgeting

Asked In :- Paperchase Accountancy India, Smart Cube India, Offshore Accounting & Taxation Services, Protiviti Consulting, Quess Corp, Norfolk Southern Corp, Aparna Constructions, Gram Panchayat, PVC, Sobha Developers,

Right Answer:
Budgeting is the process of creating a plan to manage income and expenses over a specific period, helping to allocate resources effectively and achieve financial goals.

Accountant/ Accounts Executive Tax Assessment

Ques:- Define taxation limit

Asked In :- IIRM, ENA Care Group, newcrest mining, jana small finance bank,

Right Answer:
Taxation limit refers to the maximum amount of income or profit that is subject to tax under a specific tax law or regulation. It can also refer to the thresholds that determine the rate at which income is taxed.

Accountant/ Accounts Executive Accounting Standard

Ques:- Entries regarding accounts & ledger.

Asked In :- CONDUENT BUSINESS SERVICES INDIA LLP, NISC Exports Services (p), kpmg canada, moss adams llp, sks business services,

Right Answer:
Entries regarding accounts and ledger involve recording financial transactions in the appropriate accounts, which are then summarized in the ledger. Each transaction is documented with a debit and a credit entry, ensuring that the accounting equation (Assets = Liabilities + Equity) remains balanced.

Accountant/ Accounts Executive Accounting Standard

Ques:- Depreciation rate of machinery & Computer as per Company laws & Income tax Laws?

Asked In :- ABN AMRO, butterfield bank,

Right Answer:
As per Company Law, the depreciation rate for machinery is typically 15% on the written down value (WDV) method, while for computers, it is 40% on WDV. Under Income Tax Laws, the depreciation rate for machinery is also 15% on WDV, and for computers, it is 40% on WDV.

Accountant/ Accounts Executive Personal Questions round

Ques:- Tell about urself and about the resume etc

Asked In :- v.ships, nerc, insight venture partners, capital on tap,

Right Answer:
I am a dedicated accounting professional with a degree in Accounting and over [X years] of experience in financial reporting, budgeting, and tax preparation. In my previous roles, I have successfully managed accounts, ensured compliance with regulations, and improved financial processes. My resume highlights my skills in [specific accounting software], attention to detail, and ability to work collaboratively in a team. I am passionate about helping organizations achieve their financial goals and am eager to bring my expertise to your team.

Accountant/ Accounts Executive General Management

Ques:- Previous Job profile.

Asked In :- RWE Supply & Trading, bdo unibank, worldremit, bain capital credit, hul, atd, presco,

Right Answer:
In my previous job, I worked as an Accounts Executive where I managed financial records, prepared reports, handled invoicing, and ensured compliance with accounting standards. I also collaborated with other departments to support budgeting and forecasting processes.

Accountant/ Accounts Executive Accounting Standard

Ques:- About accountancy regarding payable and receivables.

Asked In :- milliporesigma, vatica health,

Right Answer:
Accounts payable refers to the money a company owes to its suppliers for goods and services received, while accounts receivable refers to the money owed to the company by its customers for sales made on credit.

Accountant/ Accounts Executive Personal Questions round

Ques:- You are not from accounts background, how would you manage?

Asked In :- Corporate Finance Institute (CFI), cib egypt, usli, walker & dunlop, orix, s.i., galatea associates,

Right Answer:
I would leverage my strong analytical skills, attention to detail, and willingness to learn. I would also seek guidance from experienced colleagues, utilize accounting software, and take relevant courses to build my knowledge in accounting principles and practices.

Accountant/ Accounts Executive Accounting Standard

Ques:- FINANCE ORIENTED, BASIC OF FUNDAMENTAL ACCOUNTS.

Asked In :- Paperchase Accountancy India, Divya Portfolio, Aditya Birla Finance, eis, berkshire hathaway guard insurance companies,

Right Answer:
Fundamental accounts refer to the basic financial statements that provide an overview of a company's financial position, including the balance sheet, income statement, and cash flow statement. These documents are essential for understanding a company's financial health and performance.

Accountant/ Accounts Executive Personal Questions round

Ques:- If I give this job to u what output u can give to our company?

Asked In :- Nations Trust Bank, InCred, freddie mac, sacm, khimji kunverji & co., euronet software solutions,

Right Answer:
If given this job, I will ensure accurate financial reporting, timely completion of tasks, and contribute to cost-saving initiatives, ultimately supporting the company's financial health and growth.

The Accountant / Accounts Executive category on takluu.com is designed for professionals responsible for maintaining accurate financial records, handling accounts payable and receivable, and supporting financial audits. These roles are critical for the smooth functioning of an organization’s finance department.

This section covers essential topics including journal entries, ledger posting, bank reconciliation, invoicing, payroll processing, taxation basics, and preparation of financial statements. Interview questions also test knowledge of accounting principles (GAAP/IFRS), compliance regulations, and use of accounting software like Tally, QuickBooks, or SAP.

Candidates preparing for positions such as Junior Accountant, Accounts Executive, Finance Assistant, or Bookkeeper will find curated interview questions, practical scenarios, and tips on managing day-to-day accounting tasks efficiently.

Interviewers typically assess your accuracy, attention to detail, and understanding of financial processes. You may be asked to explain how you handle reconciliations, manage expense reports, or ensure timely submission of tax filings.

At Takluu, we provide detailed study materials and example questions to help you build confidence and demonstrate your competence in interviews.

Whether you are a fresher starting your career or an experienced professional seeking advancement, this category offers comprehensive preparation to help you succeed in accounting roles.

Questions in: Accountant/ Accounts Executive

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