Accounting concepts are the basic assumptions on which the process of accounting is based.
☛ Following are the accounting concepts
☛ Business Entity Concept
☛ Dual Aspect Concept
☛ Going Concern Concept
☛ Accounting Period Concept
☛ Cost Concept
☛ Money Measurement Concept
☛ Matching Concept
Explain me about a suggestion or successful contribution you have made in your past job or in college?
Tell me what have you done at your present/last company to increase revenues, reduce costs, or save time?
Please explain why are you the best candidate for us?
Tell me how have you monitored the regulations that affect your accounting position?
Explain me how you reacted when someone elses errors were impacting negatively on your job?
Please explain about your qualifications. Are you familiar with economic and business principles necessary for effective accounting?
Tell me a time when you helped reduce costs?
Please explain what experience do you have working in a computerized environment?
Explain nominal account with examples?
Tell me what is bank reconciliation statement? What are the steps to prepare it?
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