This Accounting (Intermediate) test evaluates a candidate’s ability to record financial transactions in the relevant books of accounts. This hiring test will help you hire accounting experts who can interpret and communicate financial information.
Books of accounts
Recording financial transactions
Year-end adjustments
Preparation and analysis of financial statements
Roles that record financial transactions, maintain books of accounts and related records, manage accounts payables and receivables, prepare financial statements from the books of accounts, and interpret financial information for management.
Every organization, from a brand-new startup to an established corporation, needs well-qualified financial experts. Having someone who can accurately record financial transactions allows organizations to properly assess their financial performance. In order to do this, these professionals must be able to properly maintain books of accounts, prepare financial statements from those books, and interpret this financial information for management.
This Accounting (Intermediate) test will help to assess candidates’ practical knowledge of key accounting concepts, such as keeping books of accounts, recording financial transactions, making year-end adjustments, and preparing and interpreting financial statements.
This accounting skills test will help you identify accounting employees who have intermediate-level accounting skills or higher with good knowledge of standard accounting practices.
For another accounting test with a higher difficulty level, check out our Advanced Accounting (IFRS) test or Advanced Accounting (GAAP) test.
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Abdul is a chartered accountant and certified ISO 31000 risk manager with over 15 years of experience managing other accountants and staff in many businesses, large and small. Abdul also has an MBA with significant consulting experience across business sectors, including oil and gas, pharmaceuticals, food, and education.
He has worked as a university lecturer in accounting, finance, and tax-related subjects for more than five years and currently works on complex risk management policies as a senior risk management officer.
Reliability: Cronbach’s alpha coefficient = .64
Face validity: Candidates rated this test as accurately measuring their skills (average score of 3.84 out of 5.00).
Criterion-related validity: Candidates with higher scores on this test received higher average ratings from the hiring team during the selection process (r = .38, N = 305).
For an in-depth look at interpreting test results, please take a look at our Science series articles: How to interpret test fact sheets (part 1): Reliability, and How to interpret test fact sheets (part 2): Validity.
For an explanation of the various terms, please refer to our Science glossary.
Reliability and validity | Sufficient data available | Analyses and checks conducted | Outcome |
---|---|---|---|
Reliability | ✔ | ✔ | Acceptable |
Content validity | ✔ | ✔ | Acceptable |
Face validity | ✔ | ✔ | Acceptable |
Construct validity | ✔ | ✔ | Acceptable |
Criterion-related validity | ✔ | ✔ | Acceptable |
Group differences | |||
Age differences | Pending | Pending | Pending |
Gender differences | ✔ | ✔ | Acceptable |
Ethnicity differences | Pending | Pending | Pending |
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