In general, I was able to respond to most to almost all of their questions and establish that for the things beyond the experience I had at the given moment, still I knew the accounting standard and treatment.

Most of the questions I had was around accounting standards of performing depreciation, when we should perform an impairment and criteria for it, as well as when an impairment testing should and has to be performed. All of these question were under US GAAP.

In addition, we touched areas of VAT such as how the VAT is being received / reclaimed when the transaction is between EU counties (practically a reverse charge which is paid by the company in the country of destination).