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RED SAGSkills
₹Finance & accounting

Accountant

Practice journal entries, depreciation, inventory, GST, UAE VAT, reconciliations and IFRS questions that Accountant interviews ask in India and the Gulf.

Questions
100
Interview Qs
30
Skills
10

About the role

An Accountant keeps the financial records of a business accurate, complete and on time. On a normal day you post journal entries, record sales and purchase invoices, match bank statements with the books, follow up on supplier and customer balances, and make sure taxes such as GST, TDS or UAE VAT are calculated and filed correctly. Most of this work happens in software like Tally, Zoho Books, SAP or Oracle, with a lot of Excel alongside it.

At month end and year end the job becomes closing the books: booking accruals and prepayments, depreciation, provisions and inventory adjustments, reconciling every important balance, and preparing the trial balance and financial statements. You need a firm grip on double entry and on the accounting standards that apply, such as Ind AS in India or IFRS in the UAE, because one wrong classification can change reported profit or a tax return.

As you grow, you own the full close for an entity, deal with statutory and tax auditors, prepare consolidated reports for a group, and help managers understand margins, cash flow and costs. Accuracy, clear documentation and meeting deadlines matter as much as technical knowledge.

Practise by level

Open the full question bank (100 questions) →

Mock interview

Unlimited drills

A new question every time — practise as long as you like.

Skills in this track

Learning roadmap

  1. 1

    Bookkeeping fundamentals

    Learn the accounting equation, debit and credit rules, journals, ledgers and the trial balance. Practise recording common transactions until the entries feel automatic.

  2. 2

    Adjustments and financial statements

    Learn accruals, prepayments, depreciation methods, provisions, inventory valuation and how they flow into the profit and loss statement, balance sheet and cash flow statement.

  3. 3

    Indirect and direct tax compliance

    Understand GST (CGST, SGST, IGST), input tax credit, e-invoicing and returns, TDS deduction and deposit, and, for the Gulf, UAE VAT at 5% and the basics of UAE corporate tax.

  4. 4

    Accounting software and Excel

    Get hands-on with TallyPrime or Zoho Books: vouchers, GST setup, bank reconciliation and reports. In Excel, master pivot tables, XLOOKUP, SUMIFS and simple reconciliation templates.

  5. 5

    Standards and closing

    Study the main Ind AS and IFRS topics: revenue (IFRS 15), leases (IFRS 16), consolidation basics and the Ind AS vs IFRS differences. Practise running a full month-end close with a checklist.

  6. 6

    Analysis and communication

    Learn ratio analysis, variance analysis and how to explain results to managers. Build a small portfolio of worked cases, such as a full set of accounts for a sample business.

Top Accountant interview questions

All 30 questions with answers →