Financial Accounting (U.S.) Test

NO LONGER OFFERED – Oct 2025

Ensure that your candidate has the skills you need with the Financial Accounting (U.S.) test.  It assesses knowledge of American financial accounting rules and procedures.

The Financial Accounting (U.S.) test measures the candidate’s knowledge of American financial accounting rules and procedures. Designed for the experienced accounting professional, this test covers the following topics: A/R and A/P, Budgeting, Cost Accounting, GAAP, Journal Entries, Tax and Payroll, and Types.

Handling Money

This component measures the ability to quickly and accurately perform basic monetary computations to complete customer transactions. This component is characterized by being able to quickly identify and sum the value of various denominations of US bills and coins.

What It’s Best Used For

• Auditing Core Accounting Ledger Workflows: Verifying an applicant’s functional understanding of traditional journal entries, accounts receivable (A/R), and accounts payable (A/P) oversight.
• Vetting GAAP Compliance Standards: Ensuring incoming accounting professionals possess a firm grasp of the Generally Accepted Accounting Principles (GAAP) required for American financial reporting rules.
• Evaluating Corporate Budgeting Mastery: Testing an individual’s capability to manage resource allocations, outline operational budgets, and track corporate cost accounting variables.
• Measuring Tax and Payroll Precision: Checking a candidate’s operational familiarity with basic employee payroll structures, withholding tracking, and relevant tax configurations.
• Testing Basic Cash Handling Calculations: Assessing a candidate’s mental agility to quickly and accurately perform monetary computations, such as identifying and summing the values of different denominations of US bills and coins.
• Secure and Shortened Remote Vetting: Deploying unproctored online filters where the underlying adaptive engine naturally enhanced security and shortened test times by focusing purely on the applicant’s precise skill tier.

Job Family/Title: Accounting Professionals
Job Level: Entry-level
Average Testing Time (minutes): 34
Time Allowed (minutes): 90
Number of Sittings: One
Designed for Unproctored Environment: Yes
Maximum Number of Questions: 198
Question Format: Multiple Choice – Adaptive – Computer Adaptive Testing (CAT) technology dynamically adjusts the test to the level of the test taker resulting in shorter test times, increased accuracy and enhanced security.

Measures the following areas of the American financial accounting system:

• A/R and A/P
• Budgeting
• Cost Accounting
• GAAP
• Journal Entries
• Tax and Payroll
• Types