Agent Ambo · Upskill
Accounts interview cheat sheet
The Accounts facts interviewers expect you to know cold. Ten minutes of revision the night before.
Quick revision
- Golden rules
- Personal: debit receiver, credit giver. Real: debit what comes in, credit what goes out. Nominal: debit expenses and losses, credit income and gains.
- Trial balance
- Total debits must equal total credits.
- BRS
- Reconciles the cash book with the bank statement.
- Input tax credit
- GST paid on purchases offset against GST on sales.
- GSTR-1 vs GSTR-3B
- GSTR-1 reports outward supplies; GSTR-3B is the summary return with tax paid.
- GSTR-2B
- Auto-drafted ITC statement used to match purchases.
- CGST + SGST vs IGST
- Intra-state supply vs inter-state supply.
- Provision
- A charge for a known liability whose amount is estimated.
- Accrual
- Recognise income and expenses when earned or incurred, not when paid.
- Depreciation methods
- Straight line (equal yearly) vs written down value (on reducing balance).
Must-know topics
Rehearse these out loud
- Pass the journal entry for goods purchased on credit with GST.
- Why might the bank balance not match the cash book?
- What is input tax credit and when can it not be claimed?
Revision is good. Practice is better.
- 1Ambo reads your resumeYour skills, projects, years and the role you want next.
- 2Then where you’re interviewingAnd how interviewers there question people like you.
- 3It maps every topic they could askMust-know first, your own projects included, built into short daily lessons.
- 4You practise, then get certifiedInterview Q&A after every lesson, then three proctored rounds ending in a voice interview with Ambo.
Questions, answered.
How should I use this Accounts cheat sheet?
Revise it the night before and the morning of your interview, then say each answer out loud. It covers Golden rules, Trial balance and BRS and more.
Is a cheat sheet enough to clear the interview?
It helps you recall facts quickly, but interviewers test how you apply them and follow up on your answers. Practise answering, not just reading.
How is this different from a list of interview questions?
A list is the same for everyone. Ambo builds your course from your resume, your target role and where you're interviewing, then writes every lesson from the interviewer's point of view: what they'll ask, a strong answer, and the follow-up they'll use to test you.
What is the certification test?
Three camera-proctored rounds that unlock one after another: an objective round, a hands-on round (coding or practical tasks for your role) and a voice interview with Ambo, who asks live follow-ups on your answers. Pass all three within 14 days to become TickBig Certified for 12 months.
Revise it, then rehearse it.
Ambo interviews you on Accounts topics and follows up on what you say.
Ambo