1. Do you know how important is documentation when it comes to accounting?
If you can prepare a list of all important/major documents for the sector in which you are going to accounting interview, then it will help you win very good brownie points with the interviewer.
2. Do you know what is a FIXED ASSET register?
A physical verification of fixed assets should be done on a regular basis and comments from these verifications should be updated accordingly. There are times when the asset is recorded in the books but physically there is no such asset.
3. Please explain any accounting process that you've developed or sought to improve?
If you're still early in your career, you may not have developed any processes yet, but you should be ready to demonstrate that you can innovate. Think about something you've helped change or develop over the past few years.
4. Tell us who will be doing the work?
Accountants will often outsource work to a third party. This doesn't mean their services are bad, but you want to be sure they are forthright about who is doing the work., CPA. If you want to talk with someone familiar with your bookkeeping and that's a third party, it likely will be difficult to speak with him or her directly.
5. Tell us a time when you had to use numerical data or a graph to convince a manager?
Discuss how data or a chart or graph helped you make your case, and how the outcome worked in the organization's favor.
6. Tell us which accounting software are you familiar with?
I have experience working with several accounting software programs. I'm most comfortable with Netsuite, abila and Zoho, although I've recently started using Intacct as well since it offers a few forecasting and performance management features other applications don't have. I found Intacct the most difficult to learn, but it's still pretty straight forward and easy to understand once you're familiar with their interface. Which accounting software do you use?
7. Tell me how would you handle a dispute?
You have to look at all the information first. Genrally starting at the employee's new hire paperwork is the best place. With that you can confirm that there was not a data entry error in the HR department. If it's a matter of tax payment, you should have records on day the payment was submitted and a copy of the certified mail for any returns sent by mail.
8. Tell me which accounting applications are you familiar with?
There are countless accounting software packages out there, and you can't possibly know them all.
That said, if you only know how to use one software package, that could look bad, even if the application itself is well-regarded. Know enough about the tools of your profession to have an opinion on which are good, and which are not so good and be ready to defend your answer. Know about recent developments in relevant software, even those you don't use regularly.
9. Explain me how do you make sure you don't make any mistakes in your work?
I don't pretend to be perfect, but I don't make many mistakes--at least not when it comes to financial reporting. I recognize that such mistakes are costly, and never acceptable. If I'm not 110% sure about a calculation, assumption, or financial record, I consult with a colleague or other experienced accountant. I seek confirmation of alls results through IAS and IFRS. I always double check my work, and if it's really important, I'll have someone else check it too.
10. Can you tell us what type of audits have you done?
You should know how to respond to this based on the job description and whether the position requires experience doing financial audits, operational audits or something else