Tag Archive: Hiring a bookkeeper

Hiring a bookkeeper. 5 Accounting Interview questions to ask

Do you know that hiring a bookkeeper is an overwhelming process? There are several bookkeepers in the world today and most of them offer different types of bookkeeping services and therefore you must know the kind of bookkeeper that you want before you go to search for one. Skills and experience of bookkeepers are very important factors that you need to keep in mind when hiring or outsourcing bookkeeping services. Among the services involved in bookkeeping are data entry of invoices and bills, creation of budget, analysis of numbers and many others. A good bookkeeper must know how to use modern technology like the accounting software so that it can be easy to store information in a computer and retrieve it when necessary. Experienced bookkeepers can handle issues like performing of the monthly close and reconciliation of the balance with ease.  Here are 5 accounting interview questions that any bookkeeper might be asked:

  1. Is cash basis or accrual reporting necessary for the management of a business

Ensure that you have an advanced bookkeeper who is able to explain in detail all issues related accrual basis accounting and also give accurate financial records on the same. Cash basis is very important in the management of any business and it is mainly preferred in taxes. You need to be careful on the bookkeeper that you outsource since some bookkeepers are inexperienced and unprofessional.

  1. Explain what a balance sheet is or the accounting question

Becoming a professional bookkeeper is not an easy thing as you may think but there are several procedures involved before you eventually become one. A good bookkeeper should have the ability to explain in detail what a balance sheet and also explain other items of the balance sheet like equity, liabilities, assets and many others.

  1. Rank the following in order of merit: sales, service, profitability, teamwork, integrity, quality

If you are not a professional bookkeeper it may be difficult for you to arrange these items in accordance to their importance but a professional bookkeeper will list them without taking much time. This question will enable you to demonstrate the critical thinking skills that you have and also show your business culture. As a professional bookkeeper you will list integrity to be on the top and profitability to be lower on the list.

  1. How many gas stations or coffee shops are in the UK?

When you are asked such a question you must be very technical when answering it because the interviewer is tasking some skills in you. It is not good to guess when you have been asked such a question because if you guess your integrity can be doubted by the interviewer. Having good critical thinking skills is very important as a bookkeeper. Most bookkeepers Melbourne have been taught on skills in their career and therefore they know how to handle these issues.

  1. Is there a time that you did not agree with what your boss asked you to do?

This is another very technical question to answer in a interview and therefore you need to be very critical when answering it or else you will lose your job. The answer that you will give in this case will depend on your personality.

Find out more informations here: https://www.entrepreneur.com/article/219917