Join 10,000+ professionals who enrolled in the Controller Academy 🚀
[coupon 30OFFCOURSE for 30% discount]
🔥Take 30% off when you enroll in my online course “Night Before the Accounting Interview Guide” including All Levels Q&A🔥:
[coupon 30OFFCOURSE for 30% discount]
Or..
Get my Controller bundle, which includes the Controller Academy
[coupon 30OFFCOURSE for 30% discount]
Accounting job interview coming up? Here are the 3 most frequently asked questions by employers.
———————————————————————
Hang Out with me on social media:
JOIN MY FACEBOOK GROUP HERE:
🙋🏼♂️
FOLLOW ME ON INSTAGRAM:
📸
DISCLAIMER: Links included in this description might be affiliate links. If you happen to purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!
All views expressed on my channel are mine alone. Not intended as financial or professional advice.
On the Negative Working Capital thing. Most companies draw cash and invest in marketing and in expansion. This is what leads working capital to go negative, but not necessarily a bad sign.
Ty
Why all the accounting software (excluding Odoo) do not have 6 basic columns in trial Balance ???? (Debit & Credit for starting / initial Balance, Debit & Credit during particular period of time, Debit & Credit for Ending Balance). Why nobody even understand it in USA. Many European software are designed this way. Even first greeting page starts from it. You see all the accounts with powerful information on one screen and navigate from there, Just click on any account and you are in. Why Americans have its own Miles, LB, Fahrenheit, GAAP and so silly accounting software ?
Why all the accounting software (excluding Odoo) do not have 6 basic columns in trial Balance ???? (Debit & Credit for starting / initial Balance, Debit & Credit during particular period of time, Debit & Credit for Ending Balance). Why nobody even understand it in USA. Many European software are designed this way. Even first greeting page starts from it. You see all the accounts with powerful information on one screen and navigate from there, Just click on any account and you are in. Why Americans have its own Miles, LB, Fahrenheit, GAAP and so silly accounting software ?
Why all the accounting software (excluding Odoo) do not have 6 basic columns in trial Balance ???? (Debit & Credit for starting / initial Balance, Debit & Credit during particular period of time, Debit & Credit for Ending Balance). Why nobody even understand it in USA. Many European software are designed this way. Even first greeting page starts from it. You see all the accounts with powerful information on one screen and navigate from there, Just click on any account and you are in. Why Americans have its own Miles, LB, Fahrenheit, GAAP and so silly accounting software ?
Thankyou for your help, I landed my dream job. You are doing great work.
What does it mean when it’s your 2nd week at work and you’ve been kind of nervous because you’re new to the job but you ask one of your trainers and she says your doing great and she asks “how long have you been here, since last week?” “I reply “yes since last week” and she says “yeah you’re doing really good”. But she has given more work to the one that has been there for 7 months and the guy who’s been there for 1 month, and not me…. Does that mean she doesn’t think I’m ready for that amount of work? I work for the city as an accounting clerk. ….. am I just overthinking it? I was working really fast and balancing with my money while the others were kind of messing up with their counting and then all of a sudden yesterday and today they started working faster than usual…… any thoughts? Like I’m not sure if I’m being useful or resourceful
Thanks sir ❤
I could n't understand 3rd question
what do you mean by PLN statement?????
really productive video
Mate cut the music… It's distracting
I'm confused. Negative WC is not good. If you say the company is collecting its ARs faster than paying APs, THAT COLLECTED AR should be in Cash Account already and should not affect the WC Ratio.
Ex.
1M Cash + .5M AR is 1.5M LESS APs .8M. WC is .7M
Provided they collected .3M from AR, Cash will be 1.3M PLUS AR .2M LESS .8M APs, WC is still .7M.
If based on the sample above, the WC becomes lower that .7M, it means the company spends more on either OPEX or CAPEX.
You may also would like to see this Accountant job interview questions >>>> https://youtube.com/playlist?list=PLKFb8kiWRVhdzeeEuwgqwvbTLmVqI5Vr7
L
This was so scary to watch
Actually I got the last two questions in my last interview which was just ten days ago
I enjoyed with the 3rd question
Long time follower, first time with a question – we have a debate in our office. When creating a budget variance report, is actually minus budget or budget minus actuals? Please help settle this debate. Thank you!
Great presentation 👌🏻👌🏻👌🏻
Last answer is wrong your cl stock increases which increases profit.