Financial Reporting Interview-Based Research Discussion

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Financial Reporting Interview-Based Research Discussion

 

Interview strategy

It may occasionally be challenging to find candidates with the right skills and experience unless there are many candidates. In today’s very competitive business world, businesses have been obliged to use skilled and experienced employees to gain a competitive advantage. Interviewing is a crucial phase in the recruiting process. It happens right after job results are announced, and candidates are sorted based on personal experience or academic credentials to keep a certain quorum and invited for the formal evaluation. Following interviews, employees are frequently orientated and incorporated into the workplace (Kenno et al., 2017). In the recruiting process, interviews are a crucial step that guarantees interviewers find the applicants most suitable for the position. In this essay, I’ll focus on the methods and strategies I’m most likely to use while interviewing candidates for the post of finance manager, which involves aiding CHOC Children’s Hospital with financial analysis. I’ll also describe how I’ll make my selection or, more simply, how I’ll select the best candidate. Financial Reporting Interview-Based Research Discussion

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Interviewing Strategies and Techniques

            Companies have historically depended on interviews to choose the top applicants for specific roles. Job interviews feature regular meetings among interviewers & candidates as a regulated technique. They are verbal exchanges to learn pertinent information about potential prospects or applicants (Kenno et al., 2017). Several online interviewing methodologies have been applied recently, particularly with the growth of the internet. I would conduct the following kinds of interviews with possible candidates for the post of finance manager at my organization:

Face-to-face Interview

The first and maybe most likely method of interviewing I will use is a face-to-face conversation. In this arrangement, before enabling other department heads to examine the same prospects, I, as the manager, will interview each candidate separately. To determine whether the candidate is a good match for the role, I will ask technical and general inquiries on financial management (Kenno et al., 2017). After that, I will analyze each applicant’s responses and rate them from worst to best. While I will base my evaluation of candidates on their responses, I will also utilize the one-on-one interviews to look at each applicant’s attitude, personality, language abilities, academic record, and expertise. For instance, I can tell if someone is competent by their eye contact, how they respond to queries and their posture.

Face-to-face interviews are shown to provide several benefits. They enable a more thorough comprehension and in-depth data gathering about candidates. Face-to-face interviews not only let the interviewer identify candidates and get knowledge of their body language and facial expressions, but they also let the interviewer elicit answers and justifications from potential candidates. Financial Reporting Interview-Based Research Discussion

Interview Time

The best time to schedule my interview is mid-morning and early afternoon as 10 a.m. and 11 a.m. are extraordinary times and also stipulated an hour from 11 a.m. to 12 a.m. for a lunch break. I did this to ensure that if someone is not a morning person or cannot attend a morning interview, then 1 p.m., 2 p.m., and 3 p.m. are great interview times for them. The scheduled date of discussion will be on 14th July 2022.

Interview Venue

The space where we do the interview ought to be big enough for a minimum of three persons to sit but not so big that the person feels like they could mentally vanish into thin air. A size of 8ft by 10ft is suitable. To muffle outside noises, the walls & ceiling should be well-insulated. The interview will be conducted in the Human Resource department at CHOC Children’s Hospital because it meets all the qualities of the interview room I was planning. Financial Reporting Interview-Based Research Discussion

Format

It is recommended to practice methods of responding to questions and showcasing the talents by researching the various interview forms and styles and getting ready for an interview. I chose the individual’s design based on my interviewing method. Typical individual interview forms include the interviewer and the subject. Frequently, the distinctive framework might consist of several interview techniques, including behavioral and situational questions (Roulin & Bourdage, 2017). However, individual designs are always conducted one-on-one between the interviewer and the applicant. Examples of this type of interview question include general inquiries about a candidate’s background, experience, skills, and qualifications; job-specific inquiries that help employers determine a candidate’s suitability for the position; and scenario-based questions that ask candidates to fix a problem and describe their approach. I focused on the most critical work abilities and how one may approach addressing challenges for the organization as I planned for a one-on-one interview (Torres & Gregory, 2018). Additionally, while responding to generic inquiries about the candidate’s experience, giving particular instances of the candidate’s performance in previous jobs successfully illustrates the match for the company. Financial Reporting Interview-Based Research Discussion

Situational questions

  1. Describe an instance when you went beyond and above for a job.
  2. Describe a situation when you had to put anything else ahead of performing a good job.
  3. Describe an instance in which you weren’t happy with your work.
  4. Share a time when you attained a significant objective at work.

Behavioral interview questions

  1. Tell me about a time when you gave your team duties, and they were successful?
  2. Can you recall a time since you had to complete a task and do research that you had never done before? What did you learn from this experience, and how did you handle it?
  3. How do you finish work with little time left? Just one, please.
  4. It might be hard to complete everything on your to-do list. What do you do when you have too many obligations to handle?

Employees Involved

I worked with four people—a recruiter, a prospective employer, team members, and my boss—to create and implement the perfect hiring and interview process (Torres & Gregory, 2018). Even though I have never officially put together an interviewing committee, I believe it is worthwhile. Doing this will lessen my stress and position me for success. Financial Reporting Interview-Based Research Discussion

Conclusion

Recruiting can sometimes be difficult if the proper strategy—a more sensible one—is not used. One of several essential phases of recruiting is the interview. A face-to-face interview is the best alternative for selecting the best applicant for a financial manager position at my organization. Last but not least, a realistic technique that would score applicants based on how well they answered a series of uniform questions compared to predetermined standards can guarantee the correct applicant gets the position.

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References

Kenno, S. A., McCracken, S. A., & Salterio, S. E. (2017). Financial reporting interview-based research: A field research primer with an illustrative example. Behavioral Research in Accounting, 29(1), 77-102.

Roulin, N., & Bourdage, J. S. (2017). Once an impression manager, always an impression manager? Antecedents of honest and deceptive impression management use and variability across multiple job interviews. Frontiers in psychology, 8, 29.

Torres, E. N., & Gregory, A. (2018). Hiring manager’s evaluations of asynchronous video interviews: The role of candidate competencies, aesthetics, and resume placement. International Journal of Hospitality Management, 75, 86-93. Financial Reporting Interview-Based Research Discussion