Financial accounting test (US GAAP): Pre-employment screening assessment to hire the best candidates

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Financial accounting (US GAAP) test

Summary of the Financial accounting (US GAAP) test

This financial accounting (US GAAP) test evaluates candidates’ ability to record, classify, and summarize accounting transactions according to US GAAP. This screening test will help you to hire experts with practical financial accounting skills.

Covered skills

  • Recording and documentation

  • Classification and summarizing

  • Reporting and presentation

  • Interpretation and financial analysis

Use the Financial accounting (US GAAP) test to hire

Bookkeepers, accounts assistants, financial accountants, financial managers, and other roles requiring a good grasp of financial accounting.

Type

Role specific skills

Time

10 min

Languages

English

Level

Intermediate

About the Financial accounting (US GAAP) test

Financial accounting plays an important role in helping businesses track income and expenditures, ensure statutory compliance, and provide investors, management, and government with the financial information they need to make good business decisions.

This financial accounting (US GAAP) test evaluates a candidate’s ability across various financial accounting topics ranging from balance sheets and income statements, to cash flow and owners’ equity. The test assesses candidates’ skills in recording and documentation, classification and summarizing, reporting and presentation, interpretation, and financial analysis. All questions are skewed to practical application, assessing the candidate’s ability to prepare books that reflect a true and fair financial position of the reporting entity and handle complex accounting transactions in US Generally Accepted Accounting Principles (US GAAP).

Candidates who perform well on this test will have a strong grasp of US GAAP, and the technical skills needed to perform bookkeeping duties, handle basic and complex accounting processes, prepare financial statements, and interpret financial results.

The test is made by a subject-matter expert

Mary-Ann de W

A Chartered Accountant with a Masters of Commerce Degree, Mary-Ann has been involved in all aspects of business, finance, accounting, taxation (both compliance and international), as well as financial systems, procedures, and designing and implementing internal controls over 20 years. She has extensive experience in preparing budgets, forecasts, and business plans. Her interests include business and economic news, monitoring stock markets, and reading both technical material and fiction novels.

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