Finance FAQs

What are the steps to take before you approve an invoice for payment?
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. ...... More »
How many invoices on average do you handle on a weekly/monthly basis?
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. ...... More »
Are there any questions you would like to ask?
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 gi...... More »
What steps would you take before approving an invoice for payment?
Following steps should be taken.. ► Validate the invoice once it is matched for checking any holds.. ► If workflow is implemented , initiate approval for the invoice. Once the invoice is approved/Approval not requir...... More »
Tell me about a situation where you showed determination?
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 gradu...... More »
How is a PO (Purchase order created)?
A document or form used by a customer to issue an order for goods or services. I want notes on 1.Procure to pay cycle with accounting entries 2.order to cash 3.record to report 4.Sox ...... More »
What have you read in the newspapers in the last few days that particularly interested you?
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 t...... More »
Why have you applied to our firm?
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 traini...... More »
What qualities have you got that would make you a good accountant?
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 t...... More »
How did you chose your university?
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 coul...... More »