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Advanced accounting test (IFRS): Pre-employment screening assessment to hire the best candidates

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Advanced Accounting (IFRS) test
Type: Role specific skills
Time: 10 min
Languages: English, Spanish, Dutch, French, German
Level: Advanced

Summary of the Advanced Accounting (IFRS) test

The advanced accounting (IFRS) test evaluates candidates’ accounting knowledge, including posting and calculating accounting figures and managing financial records according to IFRS. It helps identify candidates with strong accounting/bookkeeping skills.

Covered skills

  • Defining basic terminologies and accounting concepts

  • Posting figures in the correct accounts and on the correct side (Dr/Cr)

  • Calculating accounting figures

  • Managing accounting figures and financial records

Use the Advanced Accounting (IFRS) test to hire

Accountants, bookkeepers, and other roles requiring strong accounting expertise.

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About the Advanced Accounting (IFRS) test

Good accounting practices enable your company’s management to make better decisions based on accurate financial statements and projections. It also affords your organization peace of mind knowing that all your bills, payments, and tax filings are taken care of and in good order.

This accounting test assesses candidates’ ability to define basic terminologies and accounting concepts, post figures in the correct accounts and on the correct side (Debit/Credit), calculate accounting figures, and manage accounting figures and financial records. It helps you identify candidates with strong skills who can take over or set up your company’s accounting practices.

Candidates who perform well on this test can competently complete core accounting tasks such as double-entry bookkeeping, booking of inventory, depreciation, accruals, and prepayments. They can also manage accounts payable and accounts receivable, perform analysis of records, and prepare financial statements.

This test follows the International Financial Reporting Standards (IFRS), as all concepts, terminology, and test questions align with IFRS.

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The test is made by a subject-matter expert

Tanuja C.

Financial planning, tax advisory, bookkeeping--these are only a few of Tanuja's professional expertise. A chartered accountant since 2015, Tanuja has worked with companies on a global scale, including Ernst & Young, one of the “Big Four” firms in accounting.

Tanuja loves going beyond day-to-day operations to apply her financial finesse through mentorship and by developing finance-related case studies for undergraduate, graduate, and MBA finance courses.

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