This Advanced Accounting (GAAP) test will assess candidates' knowledge in Financial Accounting, International Financial Reporting Standards, Consolidated Financial Statements, Equity Accounting, Derivative Instruments, Revenue Recognition, and Lease Accounting.
The test will evaluate their understanding of advanced accounting principles and concepts, such as international financial reporting standards, revenue recognition, and lease accounting. Candidates should also demonstrate knowledge of financial accounting standards and be familiar with accounting for derivative instruments.
Questions
21
Time
21 min
Level
intermediate
Used
3934
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74%
of employers admitted to making the mistake of hiring someone unsuitable for a job.
27%
of businesses reported incurring losses of over $75,000 due to incorrect hiring decisions.
50%
chance of a hiring manager making an incorrect hiring choice.
23%
of businesses reported a decrease in output due to an unsuitable hire.
<10%
of unstructured job interviews are effective at predicting the best candidates.
Why does it happen?
hiring is difficult due to reliance on subjective, inconsistent opinions.
The job roles that require Advanced Accounting (GAAP) test are generally in the finance and accounting sector. These skill tests are crucial for assessing a candidate's proficiency in understanding Generally Accepted Accounting Principles. HR managers and hiring companies can utilize pre-employment screening platforms like Hirenest to conduct online aptitude tests. This cost-effective solution provides a range of Advanced Accounting (GAAP) assessments, including examples and questions with answers. By incorporating these tests, companies can streamline the hiring process and identify potential candidates for interviews and eventual hiring.