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While doing payroll through payroll packages / any othercalculated exel sheets we will GET the appropriate DATA of salary payout / income TAX payable & deductable values / statutory deductions particulars / Professional Taxdeductable & payable values.

Rounded off values with PROPER / appropriate format for filing IT & Statutory & PT will be generated through computerizedpayroll SYSTEM.

While doing payroll through payroll packages / any othercalculated exel sheets we will get the appropriate data of salary payout / income tax payable & deductable values / statutory deductions particulars / Professional Taxdeductable & payable values.

Rounded off values with proper / appropriate format for filing IT & Statutory & PT will be generated through computerizedpayroll system.

The Payroll source documents are the employee Time Sheets (or equivalent) that record when the employee WORKED and generally what they did. These records are subject to audit by the Labor Department, EEOC and probably others that I haven't encountered. These should be bound into a Payroll Source Document folder.

However, there are other employee documents that need to be retained, e.g., their original employment application,employee reviews (if you do them),that record their federal/state tax exemption choices,reporting their annual WAGES and withholdings, ETC.

These can be filed in separate Employee files (by employeename or number) -- or simply INTEGRATED into the Payroll Source Document folders (in the week in which they occur). I very much FAVOR the latter -- especially if you're doingcomputer accounting -- in keeping with my "always file chronological" bias.

The Payroll source documents are the employee Time Sheets (or equivalent) that record when the employee worked and generally what they did. These records are subject to audit by the Labor Department, EEOC and probably others that I haven't encountered. These should be bound into a Payroll Source Document folder.

However, there are other employee documents that need to be retained, e.g., their original employment application,employee reviews (if you do them),that record their federal/state tax exemption choices,reporting their annual wages and withholdings, etc.

These can be filed in separate Employee files (by employeename or number) -- or simply integrated into the Payroll Source Document folders (in the week in which they occur). I very much favor the latter -- especially if you're doingcomputer accounting -- in keeping with my "always file chronological" bias.

Payroll MEANS processing a salary for salaried EMPLOYEE. There should be RELATION of "contract of service".

Payroll means processing a salary for salaried employee. There should be relation of "contract of service".

Internal audit is an INDEPENDENT appraisal FUNCTION which is ESTABLISHED by the management of an organization for the review of its internal control SYSTEM as a service to the organization. To learn about the SCOPE of internal audit.

Internal audit is an independent appraisal function which is established by the management of an organization for the review of its internal control system as a service to the organization. To learn about the scope of internal audit.

When preparing the payroll every month the accounts dept should be PROVIDED with the information such as status of the EMPLOYEE as if he is a permanent or on CONTRACT or in PROBATION attendance and if there are any bonus to be given to the employee.

When preparing the payroll every month the accounts dept should be provided with the information such as status of the employee as if he is a permanent or on contract or in probation attendance and if there are any bonus to be given to the employee.

Vouching is the PROCESS of CHECKING the authentication of the voucher maintain by the MANAGEMENT with the RESPECTIVE supporting document.

Vouching is the process of checking the authentication of the voucher maintain by the management with the respective supporting document.

The TERM 'payroll' encompasses every employee of a company who receives a regular wage or other COMPENSATION. Some employees MAY be paid a steady salary while OTHERS are paid for hours worked or the number of items produced. All of these different payment methods are calculated by a payroll specialist and the appropriate paychecks are ISSUED. Companies often use objective measuring tools such as timecards or timesheets completed by supervisors to determine the total amount of payroll due each pay period.

The term 'payroll' encompasses every employee of a company who receives a regular wage or other compensation. Some employees may be paid a steady salary while others are paid for hours worked or the number of items produced. All of these different payment methods are calculated by a payroll specialist and the appropriate paychecks are issued. Companies often use objective measuring tools such as timecards or timesheets completed by supervisors to determine the total amount of payroll due each pay period.

You should be GOOD at JUDGMENT as this can be one of the most TRAPPING QUESTIONS. You should be a person who will create something new and bring out with an innovation.

You should be good at judgment as this can be one of the most trapping questions. You should be a person who will create something new and bring out with an innovation.

Be prepared with CONCEPTS that you feel is most challenging in marketing. UNDERSTAND the RISKS and CHALLENGES of the new market developments.

Be prepared with concepts that you feel is most challenging in marketing. Understand the risks and challenges of the new market developments.

GIVE a LOT of examples and explain to him how you would improve EITHER of this. This will increase a lot of customer service. You should have a commitment towards improving sales and increase the customer BASE.

Give a lot of examples and explain to him how you would improve either of this. This will increase a lot of customer service. You should have a commitment towards improving sales and increase the customer base.

You should be QUICK in TRYING to GET the right USP for the product and sell EFFICIENTLY.

You should be quick in trying to get the right USP for the product and sell efficiently.

The CANDIDATE should understand the DIFFERENCE in selling a COMPANY and a PRODUCT.

The candidate should understand the difference in selling a company and a product.

This is where you demonstrate your understanding of the entire structure of selling. Focus on your view of selling as a professional service directed at showing the customer how your product or service meets their needs and improves their LIVES.

Prepare a concise sales interview answer that highlights your knowledge of how to communicate and build rapport with a CLIENT, ask the right questions, identify and understanding the client's values, motives and needs, OFFER the APPROPRIATE solutions, handle objections and close the sale. Include adapting to different personality types and using persuasive communication skills.

This is where you demonstrate your understanding of the entire structure of selling. Focus on your view of selling as a professional service directed at showing the customer how your product or service meets their needs and improves their lives.

Prepare a concise sales interview answer that highlights your knowledge of how to communicate and build rapport with a client, ask the right questions, identify and understanding the client's values, motives and needs, offer the appropriate solutions, handle objections and close the sale. Include adapting to different personality types and using persuasive communication skills.

This question is asked to explore the candidate's self-awareness and motivation. Know your strengths in the sales process as these will translate into what you LIKE. Your "LIKES" and strengths should correspond to the main priorities of this sales position.

For example, if your strength is negotiating, describe how you enjoy this aspect of sales and your satisfaction at coming up with win-win solutions. Highlight how this has resulted in both satisfied customers and INCREASED sales which is what this position is LOOKING for.

When responding to the "dislikes" go carefully! The best approach is to choose a characteristic of your present or previous company such as its poor delivery on the sales you made or its lack of flexibility when it came to negotiating sales solutions. Answer in a positive manner as someone who is able to take these sort of PROBLEMS in their stride and constructively improve on them. For example if the delivery of company products was slow and resulted in angry customers, discuss how you instituted a follow-up process that accelerated delivery.

This question is asked to explore the candidate's self-awareness and motivation. Know your strengths in the sales process as these will translate into what you like. Your "likes" and strengths should correspond to the main priorities of this sales position.

For example, if your strength is negotiating, describe how you enjoy this aspect of sales and your satisfaction at coming up with win-win solutions. Highlight how this has resulted in both satisfied customers and increased sales which is what this position is looking for.

When responding to the "dislikes" go carefully! The best approach is to choose a characteristic of your present or previous company such as its poor delivery on the sales you made or its lack of flexibility when it came to negotiating sales solutions. Answer in a positive manner as someone who is able to take these sort of problems in their stride and constructively improve on them. For example if the delivery of company products was slow and resulted in angry customers, discuss how you instituted a follow-up process that accelerated delivery.

Put a number on the skills so that you can structure your sales interview answer around this. For example, "I THINK the 3 most important sales skills are ...". Rather than referring to specific sales techniques focus on COMPETENCIES and abilities that every successful salesperson needs, such as:

► the ability to adjust your APPROACH to different people and situations
► the ability to ask the right QUESTIONS and listen carefully
► the ability to deal with disappointment and rejection
► the ability to stay motivated with a high energy level
► the ability to PLAN and prepare
► the ability to influence and persuade
► the ability to negotiate and reach agreement.

Put a number on the skills so that you can structure your sales interview answer around this. For example, "I think the 3 most important sales skills are ...". Rather than referring to specific sales techniques focus on competencies and abilities that every successful salesperson needs, such as:

► the ability to adjust your approach to different people and situations
► the ability to ask the right questions and listen carefully
► the ability to deal with disappointment and rejection
► the ability to stay motivated with a high energy level
► the ability to plan and prepare
► the ability to influence and persuade
► the ability to negotiate and reach agreement.

couple, but HOWEVER i need to move FORWARD TAKE my time to relief but TRY not keep it inside move to next LEVEL and try thanking the time for them.

couple, but however i need to move forward take my time to relief but try not keep it inside move to next level and try thanking the time for them.

what kind of room are you LOOKING for?( how many kids do you have?) how many berooms youre looking for..do you prefer with two BATHS, or two STORY.

what kind of room are you looking for?( how many kids do you have?) how many berooms youre looking for..do you prefer with two baths, or two story.

I am a DIFFERENT CANDIDATE but i am not as good as other salesman with some of those degree or with HIGHLY more experience but i am sure i like to see that i am a different from other salesman.

I am a different candidate but i am not as good as other salesman with some of those degree or with highly more experience but i am sure i like to see that i am a different from other salesman.

A stereotypical answer to this question is that accountancy offers a respected professional qualification which can lead on to a wide range of opportunities in business. This is all true, but it doesn't answer the question of why YOU want to become an accountant - and if you give as general an answer as this, you can EXPECT to be questioned in detail on the nature of the qualification and the opportunities you see it leading to.

Much of the income of the larger accountancy firms now comes from consultancy and related services rather than from audit. EVEN in audit you will spend much of your time visiting clients and asking questions, so good interpersonal skills are important. Your answer to this question should probably make this POINT.

Accountancy is now a fast changing profession, so they are looking for individuals with INITIATIVE who can MANAGE change. Ensure that you have a considered answer to this question. It is bound to be asked!

A stereotypical answer to this question is that accountancy offers a respected professional qualification which can lead on to a wide range of opportunities in business. This is all true, but it doesn't answer the question of why YOU want to become an accountant - and if you give as general an answer as this, you can expect to be questioned in detail on the nature of the qualification and the opportunities you see it leading to.

Much of the income of the larger accountancy firms now comes from consultancy and related services rather than from audit. Even in audit you will spend much of your time visiting clients and asking questions, so good interpersonal skills are important. Your answer to this question should probably make this point.

Accountancy is now a fast changing profession, so they are looking for individuals with initiative who can manage change. Ensure that you have a considered answer to this question. It is bound to be asked!

The A-level subjects you chose are largely irrelevant, so ANSWER this question honestly, ALTHOUGH A levels which demand NUMERACY, analytical skills and communication skills may help.

If you have not done A levels, but entered university by some other route such as an Access course, explain why this was so - you may find the selectors will in this case put a lot of WEIGHT on your degree performance.

A-levels are close to the heart of Accountancy firms. This is because your performance in the profession's examinations have been shown to correlate quite closely to A-level examination performance. Many firms will have a points requirement, but will also be interested in your REASONING behind the choice of subjects.

The A-level subjects you chose are largely irrelevant, so answer this question honestly, although A levels which demand numeracy, analytical skills and communication skills may help.

If you have not done A levels, but entered university by some other route such as an Access course, explain why this was so - you may find the selectors will in this case put a lot of weight on your degree performance.

A-levels are close to the heart of Accountancy firms. This is because your performance in the profession's examinations have been shown to correlate quite closely to A-level examination performance. Many firms will have a points requirement, but will also be interested in your reasoning behind the choice of subjects.

Be honest, but TRY to show evidence for careful consideration and logic in your choice. The interviewer may follow up this QUESTION by asking if, with hindsight, you felt you made the right choice, or how you feel the course you have followed could be improved. Constructive and thoughtful criticism is appreciated, but try to balance any criticisms with positive points too.

You could include in your answer any of the following:
* Advice & guidance from teaching/careers STAFF at school or college
* Geographical preferences
* Availability of a particular course
* The research and/or teaching quality of INSTITUTIONS
* Cost factors
* The reputation of the INSTITUTION, or individual members of staff.

Be honest, but try to show evidence for careful consideration and logic in your choice. The interviewer may follow up this question by asking if, with hindsight, you felt you made the right choice, or how you feel the course you have followed could be improved. Constructive and thoughtful criticism is appreciated, but try to balance any criticisms with positive points too.

You could include in your answer any of the following:
* Advice & guidance from teaching/careers staff at school or college
* Geographical preferences
* Availability of a particular course
* The research and/or teaching quality of institutions
* Cost factors
* The reputation of the institution, or individual members of staff.

Aside from the obvious ones such as numeracy and interpersonal skills, key skills will include DETERMINATION and self discipline (to get through the difficult professional examinations) and an interest in the business world generally. An ability to work in (and ultimately lead) teams, strong analytical skills, good verbal and WRITTEN COMMUNICATION skills and curiosity (particularly on the audit side) are some of the others you could mention - if you aren't strong in some of these areas then you may have problems MAKING a persuasive case for yourself.

You are likely to be asked many questions seeking evidence of these particular competencies and will be expected to give examples which are backed up with evidence: for example, if asked about your leadership qualities, you should give an example of where you led a group successfully rather than just stating 'people always look to me to take the lead'.

Aside from the obvious ones such as numeracy and interpersonal skills, key skills will include determination and self discipline (to get through the difficult professional examinations) and an interest in the business world generally. An ability to work in (and ultimately lead) teams, strong analytical skills, good verbal and written communication skills and curiosity (particularly on the audit side) are some of the others you could mention - if you aren't strong in some of these areas then you may have problems making a persuasive case for yourself.

You are likely to be asked many questions seeking evidence of these particular competencies and will be expected to give examples which are backed up with evidence: for example, if asked about your leadership qualities, you should give an example of where you led a group successfully rather than just stating 'people always look to me to take the lead'.

Quantifiable DIFFERENCES between chartered accountancy firms are often found on the basis of size rather than between INDIVIDUAL firms. In general, the Big Four offer more international opportunities, household-name clients, more STRUCTURED training, the chance to specialise in particular INDUSTRIES Smaller firms usually market themselves on factors such as greater client contact, greater variety of work (shorter audits at smaller clients), early responsibility, work-life balance, friendliness and smaller audit teams. In the end, graduates often choose between similar types of FIRM on the basis of the company culture and atmosphere, which often boils down to which of them seemed the friendliest at interview!

The interviewer will have expected you to have done your research on the firm - not just reading the careers section of their website but looking at the pages for clients, press releases etc. You should also look in the general business press for mentions of larger firms. Factors you could mention include:

Quantifiable differences between chartered accountancy firms are often found on the basis of size rather than between individual firms. In general, the Big Four offer more international opportunities, household-name clients, more structured training, the chance to specialise in particular industries Smaller firms usually market themselves on factors such as greater client contact, greater variety of work (shorter audits at smaller clients), early responsibility, work-life balance, friendliness and smaller audit teams. In the end, graduates often choose between similar types of firm on the basis of the company culture and atmosphere, which often boils down to which of them seemed the friendliest at interview!

The interviewer will have expected you to have done your research on the firm - not just reading the careers section of their website but looking at the pages for clients, press releases etc. You should also look in the general business press for mentions of larger firms. Factors you could mention include:

Questions like this are testing your general interest in business and finance and your commercial awareness. You will be expected to COME up with stories from the POLITICAL, finance or other specialist sections of the papers that may be relevant to the firm or its clients.

MAKE sure that you read a quality newspaper regularly so that you are up to date with current business and financial affairs (One of the Big FOUR firms asks interviewees if they read the Financial Times). Try not to side with a particular OPINION. Do not be party political! You should aim to provide a balanced assessment of a topic of interest to you. Explain why it interests you. Be prepared for follow-up questions.

Questions like this are testing your general interest in business and finance and your commercial awareness. You will be expected to come up with stories from the political, finance or other specialist sections of the papers that may be relevant to the firm or its clients.

Make sure that you read a quality newspaper regularly so that you are up to date with current business and financial affairs (One of the Big Four firms asks interviewees if they read the Financial Times). Try not to side with a particular opinion. Do not be party political! You should aim to provide a balanced assessment of a topic of interest to you. Explain why it interests you. Be prepared for follow-up questions.

The OBVIOUS answer would be careers in banking and insurance and other finance areas, but it is OK to mention any career here as long as you can argue your case effectively e.g. by demonstrating that the skills required are similar to those of an accountant.

Interviewers will be looking for evidence that you have analyzed your skills and INTERESTS in a logical manner when coming to a career decision, and also for signs of your commitment to accountancy.

However, in an interview you do not HAVE to tell the truth, the whole truth and nothing but the truth. If you admit to also applying for highly-competitive areas such as journalism or the Diplomatic Service, the interviewer is likely to assume that accountancy is your SECOND choice. SIMILARLY, you might find the interviewer challenging your interest in business if you said that social work or nursing was also an option.

The obvious answer would be careers in banking and insurance and other finance areas, but it is OK to mention any career here as long as you can argue your case effectively e.g. by demonstrating that the skills required are similar to those of an accountant.

Interviewers will be looking for evidence that you have analyzed your skills and interests in a logical manner when coming to a career decision, and also for signs of your commitment to accountancy.

However, in an interview you do not HAVE to tell the truth, the whole truth and nothing but the truth. If you admit to also applying for highly-competitive areas such as journalism or the Diplomatic Service, the interviewer is likely to assume that accountancy is your second choice. Similarly, you might find the interviewer challenging your interest in business if you said that social work or nursing was also an option.

Questions LIKE this are designed to bring out evidence of the qualities that you have which you will need to do the job. Be very WELL prepared with examples of situations where you have used these skills. If you have answered a few demanding graduate application forms, you will have come across most of these questions and prepared answers.

Other situations which are frequently asked about include the following:
Give an example of when you:
* PLANNED something.
* Took on responsibility.
* Led a team.
* Had to cope with pressure.
* Dealt with an UNREASONABLE person.
* Had to make a difficult DECISION?
* Used initiative
* Influenced others.
* Solved a problem.

Questions like this are designed to bring out evidence of the qualities that you have which you will need to do the job. Be very well prepared with examples of situations where you have used these skills. If you have answered a few demanding graduate application forms, you will have come across most of these questions and prepared answers.

Other situations which are frequently asked about include the following:
Give an example of when you:
* Planned something.
* Took on responsibility.
* Led a team.
* Had to cope with pressure.
* Dealt with an unreasonable person.
* Had to make a difficult decision?
* Used initiative
* Influenced others.
* Solved a problem.

Before your interview think through everything you have done in the last five years and try to find at least one example which fits each of these situations.

Don't worry if your EXAMPLES are not earth-shattering, as long as they give some evidence for possessing the quality in question.

You can answer these QUESTIONS by first describing the SITUATION and/or TASK you had to achieve, then the ACTION you took in the situation and finally the RESULT or outcome. Some interviews consist almost entirely of these types of questions, in which case the order of the interview is set in ADVANCE with a standard list of questions. Even more so than USUAL answer questions honestly - honesty is essential in the job!

Before your interview think through everything you have done in the last five years and try to find at least one example which fits each of these situations.

Don't worry if your examples are not earth-shattering, as long as they give some evidence for possessing the quality in question.

You can answer these questions by first describing the SITUATION and/or TASK you had to achieve, then the ACTION you took in the situation and finally the RESULT or outcome. Some interviews consist almost entirely of these types of questions, in which case the order of the interview is set in advance with a standard list of questions. Even more so than usual answer questions honestly - honesty is essential in the job!

Show your UNDERSTANDING of the invoice verification process. Go through each step in detail such as checking that GOODS have been received in proper condition or services rendered in a satisfactory MANNER. Explain the importance of each step.

Show your understanding of the invoice verification process. Go through each step in detail such as checking that goods have been received in proper condition or services rendered in a satisfactory manner. Explain the importance of each step.

Focus on your monitoring and checking SKILLS. DEMONSTRATE your understanding of the documentation REQUIRED for verification before PAYMENT is MADE.

Focus on your monitoring and checking skills. Demonstrate your understanding of the documentation required for verification before payment is made.

Be specific about the type of DISCREPANCY. DISCUSS the steps you took to identify and sort it out such as obtaining and CHECKING the original order. FOCUS on the skills required to resolve the discrepancy such as attention to detail, problem ANALYSIS and problem resolution.

Be specific about the type of discrepancy. Discuss the steps you took to identify and sort it out such as obtaining and checking the original order. Focus on the skills required to resolve the discrepancy such as attention to detail, problem analysis and problem resolution.

Accounting job interview questions like this explore your conflict management skills. Emphasize your interpersonal skills, your maturity and your ability to stay calm in the face of difficulty. Describe the techniques you use to DIFFUSE disputes such as ASKING questions to determine the reason for the dispute, not CONVEYING blame and not becoming too emotional. Demonstrate your ability to work together with others to reach an acceptable RESOLUTION.

Accounting job interview questions like this explore your conflict management skills. Emphasize your interpersonal skills, your maturity and your ability to stay calm in the face of difficulty. Describe the techniques you use to diffuse disputes such as asking questions to determine the reason for the dispute, not conveying blame and not becoming too emotional. Demonstrate your ability to work together with others to reach an acceptable resolution.

Demonstrate your KNOWLEDGE of this cycle - the LENGTH of TIME it takes the company to PAY its accounts payable - and what the implications of the length of this cycle are for the company, for EXAMPLE cash flow.

Demonstrate your knowledge of this cycle - the length of time it takes the company to pay its accounts payable - and what the implications of the length of this cycle are for the company, for example cash flow.

With accounting JOB interview questions like this first list the applications you have USED and then expand on the value of the solutions they offered to your PARTICULAR business. Look at aspects such as managing vendor information, approval controls and PROVIDING payables reports.

With accounting job interview questions like this first list the applications you have used and then expand on the value of the solutions they offered to your particular business. Look at aspects such as managing vendor information, approval controls and providing payables reports.

Discuss all your responsibilities. FOCUS on the skills and knowledge you used to perform these functions efficiently such as MAINTAINING a HIGH level of accuracy, good verbal and written communication skills, strong organizational skills, problem-solving skills, computer skills and a knowledge of ACCOUNTING processes.

Discuss all your responsibilities. Focus on the skills and knowledge you used to perform these functions efficiently such as maintaining a high level of accuracy, good verbal and written communication skills, strong organizational skills, problem-solving skills, computer skills and a knowledge of accounting processes.

Again focus on the skills and abilities you bring to the collections function. Demonstrate how you have USED your good interpersonal skills, PERSEVERANCE, ability to managing CONFLICT, NEGOTIATION skills and communication ability for successful collections.

Again focus on the skills and abilities you bring to the collections function. Demonstrate how you have used your good interpersonal skills, perseverance, ability to managing conflict, negotiation skills and communication ability for successful collections.

List the applications you have used and expand on the value of the solutions they offered to your PARTICULAR company. LOOK at aspects such as tracking transactions, assessing late PAYMENTS, creating past DUE notices and printing out relevant reports.

List the applications you have used and expand on the value of the solutions they offered to your particular company. Look at aspects such as tracking transactions, assessing late payments, creating past due notices and printing out relevant reports.

List the information, make SURE you cover everything and HIGHLIGHT your attention to detail. Include a sample of a BILL for service that you CREATED in your interview portfolio.

List the information, make sure you cover everything and highlight your attention to detail. Include a sample of a bill for service that you created in your interview portfolio.

These goals will DEPEND on the needs of the organization. Show how you are aware of organizational needs and then identify the appropriate goals to meet them. Demonstrate a thorough understanding of what the goals express and how they support department and company objectives. Common aspects include positively impacting on company cash cycle, increasing cash FLOW, reducing DSO, reducing bad DEBT and write OFFS.

These goals will depend on the needs of the organization. Show how you are aware of organizational needs and then identify the appropriate goals to meet them. Demonstrate a thorough understanding of what the goals express and how they support department and company objectives. Common aspects include positively impacting on company cash cycle, increasing cash flow, reducing DSO, reducing bad debt and write offs.

DISCUSS the applications you have WORKED with. Focus on how you implemented the application, the steps TAKEN during the conversion and INTEGRATION of the accounting system and the training of staff to USE the application.

Discuss the applications you have worked with. Focus on how you implemented the application, the steps taken during the conversion and integration of the accounting system and the training of staff to use the application.

Focus on how the packages SUPPORTED and simplified COMPANY specific processes, and how they MET your exact business requirements. Display your knowledge of how the packages differ in areas such as PRICE, COMPLEXITY and functionality.

Focus on how the packages supported and simplified company specific processes, and how they met your exact business requirements. Display your knowledge of how the packages differ in areas such as price, complexity and functionality.

DEMONSTRATE your experience in maintaining accounting principles, practices and procedures to ensure ACCURATE and timely financial statements and reporting. Discuss your ability to meet tight deadlines and undertake a multitude of accounting activities. Show your understanding of generally ACCEPTED and STATUTORY accounting principles.

Demonstrate your experience in maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements and reporting. Discuss your ability to meet tight deadlines and undertake a multitude of accounting activities. Show your understanding of generally accepted and statutory accounting principles.

Highlight how you have MONITORED and ANALYZED work PROCESSES to develop more efficient procedures and use of resources while STILL MAINTAINING accurate and quality work outputs.

Highlight how you have monitored and analyzed work processes to develop more efficient procedures and use of resources while still maintaining accurate and quality work outputs.

A SAMPLE answer to accounting INTERVIEW questions like this is:
In RESPONSE to the changing market accountancy professionals have to provide more management and consulting services, in ADDITION to financial management. They have to assume a greater advisory role and develop more complex and flexible accounting systems.
Then continue to explain how you can meet this challenge.

A sample answer to accounting interview questions like this is:
In response to the changing market accountancy professionals have to provide more management and consulting services, in addition to financial management. They have to assume a greater advisory role and develop more complex and flexible accounting systems.
Then continue to explain how you can meet this challenge.

Financial accounting relates to the INFORMATION presented based on past EVENTS and records.

COST and MANAGERIAL accounting is the presentation of financial information to the management to be USED in decision making while in managerial accounting projections are made based on past trends.

Financial accounting relates to the information presented based on past events and records.

Cost and managerial accounting is the presentation of financial information to the management to be used in decision making while in managerial accounting projections are made based on past trends.

Financial accounting relates to the information presented based on past events and records.

Cost and managerial accounting is the presentation of financial information to the management to be used in decision making while in managerial accounting projections are made based on past trends.

Financial accounting relates to the information presented based on past events and records.

Cost and managerial accounting is the presentation of financial information to the management to be used in decision making while in managerial accounting projections are made based on past trends.

For simplistic purposes, there is not much, if any, difference between "cost accounting" and "MANAGEMENT accounting". These terms REFER to the accounting techniques used INTERNALLY by a company's management to determine the costs of running the business and help in decision making. For example, reports that compare budgeted to actual expenses are commonly used to monitor the successful management of a specific department or store within a larger enterprise.

Financial Accounting refers to accounting practices that result in financial statements used by various stakeholders of the business. Stakeholders may include management and employees, as well as vendors, SUPPLIERS, customers, bankers and regulators. The accounting practices used in compiling financial statements are referred to as "GAAP" or the generally accepted accounting principles as set forth by the Financial Accounting Standards Board in the U.S. In the U.S., external financial reports issued by public and/or regulated companies must comply with GAAP.

Some accounting methods used in cost accounting are not recognized by GAAP and therefore can only be used internally.

For simplistic purposes, there is not much, if any, difference between "cost accounting" and "management accounting". These terms refer to the accounting techniques used internally by a company's management to determine the costs of running the business and help in decision making. For example, reports that compare budgeted to actual expenses are commonly used to monitor the successful management of a specific department or store within a larger enterprise.

Financial Accounting refers to accounting practices that result in financial statements used by various stakeholders of the business. Stakeholders may include management and employees, as well as vendors, suppliers, customers, bankers and regulators. The accounting practices used in compiling financial statements are referred to as "GAAP" or the generally accepted accounting principles as set forth by the Financial Accounting Standards Board in the U.S. In the U.S., external financial reports issued by public and/or regulated companies must comply with GAAP.

Some accounting methods used in cost accounting are not recognized by GAAP and therefore can only be used internally.

Accounting has been a part of TODAY's LIFE in today's ENVIRONMENT and it has to be GIVEN more progress because it is very important.

Accounting has been a part of today's life in today's environment and it has to be given more progress because it is very important.

Adoption of international accounting standards is extremely costly. Developing counties usually use accounting standards that are most beneficial to them (based on who they TRADE with to ease accounting for transactions) or just another country's GAAP that works for the developing country. Ex. Mexico very closely RESEMBLES U.S. GAAP because of NAFTA and the quality of U.S. GAAP.

Should IFRS be implemented in developed counties, developing counties MIGHT be forced to adopt them as well in order to maintain trade RELATIONS. This could be extremely costly for smaller developing counties.

Adoption of international accounting standards is extremely costly. Developing counties usually use accounting standards that are most beneficial to them (based on who they trade with to ease accounting for transactions) or just another country's GAAP that works for the developing country. Ex. Mexico very closely resembles U.S. GAAP because of NAFTA and the quality of U.S. GAAP.

Should IFRS be implemented in developed counties, developing counties might be forced to adopt them as well in order to maintain trade relations. This could be extremely costly for smaller developing counties.

Financial accounting encompasses all account PRESENTED on the face of the financial STATEMENT, its presentation, recognition, MEASUREMENT and disclosures. Where as cost accounting is only FOCUSED on the cost of inventory.

Financial accounting encompasses all account presented on the face of the financial statement, its presentation, recognition, measurement and disclosures. Where as cost accounting is only focused on the cost of inventory.

Very briefly, the difference has to do with the needs of the USER.

Management accounting for is the internal users of an entity and Financial Accounting is for the external users.

Internal users (management) may be INTERESTED in the cost of making an item using process A versus process B. WHEREAS External users are mostly interested in the overall results of those management decisions.

Very briefly, the difference has to do with the needs of the user.

Management accounting for is the internal users of an entity and Financial Accounting is for the external users.

Internal users (management) may be interested in the cost of making an item using process A versus process B. Whereas External users are mostly interested in the overall results of those management decisions.

The Cash Basis of accounting reports only transactions that have been completed in the current reporting period - or - what has "hit" the checking account (assuming all funds are DEPOSITED and DISBURSED only from that account) - The Accrual Basis of accounting reports all transactions that the entity has entered into and includes the asset, liability, income and expense related them.

In addition, the Cash Basis of accounting is considered OCBOA (Other Comprehensive Basis of Accounting ~ Other than GAAP) and the Accrual Basis (when IMPLEMENTED properly and fully) is considered GAAP (Generally Accepted Accounting Principles).

EDIT - The Accrual Basis is more desirable from a user's standpoint as it includes transactions that may exist were completed after the report dates that were initiated prior to the report date. It is generally more complete and more reliable than the cash basis - however, that does assume that the person preparing the statements has expertise of, not simply a cursory working knowledge of, GAAP and the accrual basis. For example, a set of financial statements printed out of QuickBooks are not necessarily GAAP compliant (or correct) although they may APPEAR to be at first glance or to a layperson.

The Cash Basis of accounting reports only transactions that have been completed in the current reporting period - or - what has "hit" the checking account (assuming all funds are deposited and disbursed only from that account) - The Accrual Basis of accounting reports all transactions that the entity has entered into and includes the asset, liability, income and expense related them.

In addition, the Cash Basis of accounting is considered OCBOA (Other Comprehensive Basis of Accounting ~ Other than GAAP) and the Accrual Basis (when implemented properly and fully) is considered GAAP (Generally Accepted Accounting Principles).

EDIT - The Accrual Basis is more desirable from a user's standpoint as it includes transactions that may exist were completed after the report dates that were initiated prior to the report date. It is generally more complete and more reliable than the cash basis - however, that does assume that the person preparing the statements has expertise of, not simply a cursory working knowledge of, GAAP and the accrual basis. For example, a set of financial statements printed out of QuickBooks are not necessarily GAAP compliant (or correct) although they may appear to be at first glance or to a layperson.