In this article, we have put together a list of top 20 accounting interview questions and answers so that you can give your best shot in the accounting job interview.
In your search of achieving the best and becoming the best, we have decided to help you understand about them.
The Big 4 accounting firms were earlier known as Big 8 made up of (1) Arthur Andersen, (2) Arthur Young & Co., (3) Coopers & Lybrand, (4) Ernst & Whiney, (5) Deloitte, Haskins & Sells, (6) KPMG, (7) Touché Ross, and (8) Price Waterhouse.
Forensic accounting employs a mix of accounting, auditing, and investigative acumen to conduct a scrutiny into a company’s financial statements.
Accounting cost is the art and science of recording, classifying, summarizing, and analyzing inputs to make a sense of the information about the financial, management, or cost.
Financial accounting helps to classify, analyze, summarize, and record financial transactions of the company.
Accounting can be called more general degree, but if you pay attention to top-notch accountants, they are not general accountants.Whereas, Engineering is a technical degree. You need to choose which engineering courses you are interested in and then enroll yourself for the same.
Finance is the science of planning the distribution of assets within the company. Whereas Accounting is the art of summarizing,
reporting and recording the finance-related transactions.
Bookkeeping is the recording and maintaining of all financial transactions which take place in a company. Whereas Accounting is the art of summarizing, reporting and recording the finance-related transactions.
Accounting is an act of maintaining the monetary records of a company. Whereas Auditing is an activity of verification, checking and evaluation of financial statements.
BookKeeper is Required for identification, classification, and recording of all financial transactions. Whereas Accountant Involved in interpreting, summarising and communicating the financial transactions.
Accounting is an act of maintaining the monetary records of a company. Whereas Financial Management helps to manage the finances and economic resources of the organisation.
Cost accounting deals with the internal aspect of the business. Whereas Financial accounting is the act of classifying, storing, recording, and analysing the financial transactions of the company.
Cost accounting deals with the internal aspect of the business. Whereas Management accounting includes a lot of aspects of business such as decision making, strategizing, planning, performance management, risk management etc.
Financial accounting is the act of classifying, storing, recording, and analysing the financial transactions of the company. Whereas Management accounting helps to managed and make effective decisions about the business.
Australia has its own three recognized professional accounting bodies who decide the accounting rules and regulations for Australian accounting firms.
Here we discuss the overview of Best Accounting Firms in Canada along with its structure and industry dynamics.
Guide to top 10 Accounting Firms in the US. Here we discuss the overview of Best Accounting Firms in the USA along with its structure and industry dynamics.