What do you understand by contingent liabilities?
Is the knowledge of statistics is necessary for accounting?
What do you understand by project implementation in accounting?
What are the various steps of project implementation in accounting?
What is the Accounting Information System (AIS)?
Why did you choose ‘accounting’ as a career? / Why have you chosen accounting as a profession?
What are the major constraints that can hamper relevant and reliable financial statements?
What are the drawbacks of the Double Entry System?
What do you understand by GAAP?
What are some examples of liability accounts?
What are some examples of intangible assets?
What are the Revenue Recognition and Matching Principles in Accounting?
What are some different accounting concepts?
What do you understand by the term owner’s equity?
What things are included in the Owner’s equity?
What is the best way to estimate bad debts?
What is TDS? And where is it shown in the balance sheet?
What is the difference between inactive and dormant accounts?
What do you understand by real and nominal accounts? Explain them with examples.
What do you do to maintain accounting accuracy?
What is the difference between “accounts payable (AP)” and “accounts receivable (AR)”?
What do you think about Accounting Standards? Are they mandatory?
