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

Use our Advanced Accounting (IFRS) test to hire the best

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.

Type

Role specific skills

Time

10 min

Languages

English

Level

Advanced

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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.

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.

Crafted with expert knowledge

TestGorilla’s tests are created by subject matter experts. We assess potential subject-matter experts based on their knowledge, ability, and reputation. Before being published, each test is peer-reviewed by another expert, then calibrated using hundreds of test takers with relevant experience in the subject. Our feedback mechanisms and unique algorithms allow our subject-matter experts to constantly improve their tests.

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FAQs

What is the difference between an assessment and a test?

An assessment is the total package of tests and custom questions that you put together to evaluate your candidates. Each individual test within an assessment is designed to test something specific, such as a job skill or language. An assessment can consist of up to 5 tests and 20 custom questions. You can have candidates respond to your custom questions in several ways, such as with a personalized video.

Can I add my own questions to an assessment?

Yes! Custom questions are great for testing candidates in your own unique way. We support the following question types: video, multiple-choice, coding, file upload, and essay. Besides adding your own custom questions, you can also create your own tests.

How do video questions work?

A video question is a specific type of custom question you can add to your assessment. Video questions let you create a question and have your candidates use their webcam to record a video response. This is an excellent way to see how a candidate would conduct themselves in a live interview, and is especially useful for sales and hospitality roles. Some good examples of things to ask for video questions would be "Why do you want to work for our company?" or "Try to sell me an item you have on your desk right now." You can learn more about video questions here.

Can you explain how the other custom question types work?

Besides video questions, you can also add the following types of custom questions: multiple-choice, coding, file upload, and essay. Multiple-choice lets your candidates choose from a list of answers that you provide, coding lets you create a coding problem for them to solve, file upload allows your candidates to upload a file that you request (such as a resume or portfolio), and essay allows an open-ended text response to your question. You can learn more about different custom question types here.

Can I customize an assessment with my company logo and color theme?

Yes! You can add your own logo and company color theme to your assessments. This is a great way to leave a positive and lasting brand impression on your candidates.

What type of support do you offer?

Our team is always here to help. After you sign up, we’ll reach out to guide you through the first steps of setting up your TestGorilla account. If you have any further questions, you can contact our support team via email, chat or call. We also offer detailed guides in our extensive Help & Inspiration Center.

What is the cost for using the Advanced Accounting (IFRS) test?

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Can I combine the Advanced Accounting (IFRS) test with other tests?

Yes. You can add up to five tests to each assessment.

Where in my recruitment process should I use the Advanced Accounting (IFRS) test?

We recommend using our assessment software as a pre-screening tool at the beginning of your recruitment process. You can add a link to the assessment in your job post or directly invite candidates by email.
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