Feb 2025

Ethics and Integrity interview question about Accounting Standards for Entry-Level Accountant

How do you stay updated on changes in accounting standards?

Accountant

Ethics and Integrity

Asked at

EY (Ernst & Young)

Difficulty :

Easy

Explanation

This question assesses your commitment to professional development and awareness of regulatory compliance. Recruiters want to see how proactive you are in staying informed about updates like GAAP or IFRS changes. A strong answer includes specific resources, professional groups, or certifications you rely on. Avoid giving generic responses without actionable steps.

Answer Example

I stay updated by attending webinars, subscribing to accounting journals, and participating in professional organizations like AICPA. I also complete continuing professional education (CPE) courses annually to stay compliant with licensing requirements. For instance, I recently attended a seminar on lease accounting changes under IFRS 16, which helped me update our company’s reporting practices.

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Feb 2025

How do you stay updated on changes in accounting standards?

Ethics and Integrity

Asked at

EY (Ernst & Young)

Difficulty :

Easy

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Explanation

Answer Example

Also check out

What role does industry research play in advising clients, and how would you conduct it effectively?

Communication Skills

Asked at

RBC Capital Markets

Difficulty :

Medium

How do you stay organized while balancing your responsibilities as a teaching assistant and a student?

Time Management

Asked at

University of Cambridge

Difficulty :

Hard

Can you describe a time when you successfully helped a small business expand internationally?

Behavioural

Asked at

NatWest Group

Difficulty :

Medium

How do you handle underperforming team members on a key account?

Leadership

Asked at

WPP

Difficulty :

Hard

What steps would you take to ensure compliance with internal credit policies when reviewing a loan application?

Ethics and Integrity

Asked at

Credit Benchmark

Difficulty :

Easy

Designed to be stress-free.

Step 1: Upload Resume

Step 2: Paste Job Description

Step 3:Download and Apply

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Step 1:
Upload Resume

Step 2:
Paste Job Description

Step 3:
Download and Apply