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Accounting

30 Interview Questions & Answers

Have an upcoming Accounting interview? Browse questions below or request one-on-one coaching with an interview expert.
1.
1.
In what instance would you use LIFO compared to FIFO?
2.
2.
Give an example of when internal controls needed to be changed or updated and how you handled the change.
3.
3.
Give me an example of how your strengths help you in Accounting.
4.
4.
Tell me about the financial forecasting you've been responsible for.
5.
5.
Give an example of something you'd put on a sub-ledger that wouldn't be included on the General Ledger.
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6.
6.
What financial planning have you handled in the past?
7.
7.
Tell me about a time you updated or revised an Accounting process.
8.
8.
What cost-cutting initiatives have you been part of?
9.
9.
When looking at the COGS on the P&L statement, what are some examples of variable costs?
10.
10.
A start up company needs help understanding GAAP. How would you explain why GAAP is important?
11.
11.
Discuss your experience in the financial analysis of your previous company's projects.
12.
12.
How do you stay updated on all the accounting rules and techniques?
13.
13.
Give an example of a time when you caught an invoice error before it was paid out.
14.
14.
Give me an example of how SOX compliance has affected your career.
15.
15.
Do you plan on attaining your CPA?
16.
16.
What is your knowledge and experience using QuickBooks?
17.
17.
Give me examples of the accounting reports you've prepared.
18.
18.
Give me an example of why you chose this career field.
19.
19.
What courses were your favorite in college while preparing to be an accountant?
20.
20.
Give me an example of a challenging tax situation that you have encountered.
21.
21.
How do you ensure that you don't forget details and ensure accuracy when you prepare monthly journal entries a, record transactions, etc.?
22.
22.
Describe one of the biggest mistake you've made on the job.
23.
23.
Describe a time when you had to use numerical data or a graph to convince a manager.
24.
24.
Describe to be a time when you faced an ethical dilemma regarding your work.
25.
25.
Give an example of when you have seen or corrected the Trail Balance from being out of balance?
26.
26.
What ERP systems and accounting softwares have you used?
27.
27.
Give an example of an exciting project you worked on in Accounting.
28.
28.
What responsibilities do you have during month-end?
29.
29.
How do you calculate DSO (Days Outstanding)?
30.
30.
Give me an example of your least favorite Accounting ftask.
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