Accounting Interview Questions

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Accounting interview questions are generally a mix of questions about accounting issues, your own accounting skills, and behavioral questions that demonstrate your abilities as an accountant.

What is Accounting?

Accounting is the systematic process of identifying, recording, measuring, classifying, verifying, summarizing, interpreting and communicating financial information.

Accountants typically show their competency through their professional associations' certification exams and are therefore then certified to use titles such as Chartered Accountant, Chartered Certified Accountant or Certified Public Accountant.

These professionals are given certain responsibilities including the ability to certify an organization's financial statements, and may be held liable for professional misconduct.

Four large firms -- PriceWaterhouseCoopers, Deloitte, Ernst & Young, and KPMG -- are the largest employers of accountants worldwide. However, most accountants are employed in commerce, industry and the public sector.

In the United States, licensed accountants are called Certified Public Accountants (CPAs) and in certain states, Public Accountants (PAs). Unlicensed accountants may be Certified Internal Auditors (CIAs) and Certified Management Accountants (CMAs).

The main difference between these certifications is primarily the legal status and the types of services provided, although some may earn more than one certification. There also are accountants who are not certified but are doing accounting work under the supervision of a certified accountant.

 

Accounting Interview Questions

Here is list of a common accounting interview questions:

  • What do you consider to be the biggest challenge facing the accounting profession today?
  • Which accounting applications are you familiar with?
  • Describe the advantages and disadvantages of different accounting packages you have used in your most recent accountant jobs.
  • Describe any accounting process that you have developed or sought to improve.
  • Describe a time when you helped to reduce costs at a previous accountant job.
  • Describe a time when you had to use numerical data or a graph to convince a manager.
  • Describe a time when you had to work exceptionally hard to provide great service to a customer or client. What did you do and what was the outcome?
  • Describe a time when you faced a particularly demanding deadline to prepare a financial statement or report. How did you react? What was the result?
  • How do you ensure that you do not forget details and ensure accuracy when you prepare monthly journal entries, record transactions, etc.?
  • Describe a time when you had to explain a complex accounting issue to someone with without an accounting background. How did you help your audience understand the situation?

More Interview Questions and Answers
Typical job interview questions, plus sample answers you can use to practice for a job interview.

Questions to Ask the Employer
Don't forget to be prepared with a list of questions to ask. Here are interview questions to ask the employer, as well as questions you shouldn't ask an interviewer during a job interview.

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