Interview question and answer for accountant post for fresher

Common Fresher Accountant Interview Questions

• Tell me about yourself.
  Focus on your educational background, any internship experience, and eagerness to learn accounting skills.

• What are the golden rules of accounting?
  Explain the three golden rules: Debit the receiver, credit the giver; Debit what comes in, credit what goes out; Debit all expenses and losses, credit all incomes and gains.

• What is the difference between cash and accrual accounting?
  Cash accounting records transactions when cash changes hands; accrual accounting records revenues and expenses when incurred.

• Explain the basic accounting equation.
  Assets = Liabilities + Owner's Equity.

• What do you know about GST (Goods and Services Tax)?
  The GST is a unified indirect tax system in India, levied at multiple tax slabs like 5%, 12%, 18%, etc.

• Have you worked with any accounting software like Tally before?
  Mention any exposure or academic use of popular ERP/accounting software.

• How do you ensure accuracy in your accounting work?
  Discuss double-checking entries, following accounting standards, and using software tools.

• What steps would you take to perform bank reconciliation?
  Verify bank statement with company ledger, identify discrepancies, update records accordingly.

• Why do you want to be an accountant?
  Express your interest in finance and numbers, along with your desire to develop professional expertise.

• Describe a challenging situation during your studies or internship and how you handled it.
  Provide examples that highlight problem-solving and responsibility.

Additional Tips

• Be honest about your current skills and show willingness to learn and grow.

• Highlight accounting subjects or certifications you have completed.

• Show understanding of basic Indian accounting standards.

• Prepare some questions to ask the interviewer about company accounting practices and software.

These questions and answers will help you prepare confidently for fresher accountant interviews.