AUS-NZ Advanced Accounting Assessment


AUS-NZ Advanced Accounting Assessment

Skills Assessment

The Australian Advanced Accounting test is designed to screen applicants of approximately three to five years experience in accounting. It covers the areas of Accounts Payable, Accounts Receivable, Payroll, General Ledger, Financial Analysis, Cost Accounting, and Auditing. Without focusing on a specific software package, the test attempts to focus upon skills used by an accountant in the work environment, and less on the general ledger equivalent of each entry that one would find in an academic test.

Assessment for Australian General Accounting is also available.


What Am I Buying?
When you purchase an assessment with Talevation, you will receive a credit for our online assessment portal. To access your purchase, you must head to our Login page found in the top right corner. There, you may redeem your credit and generate a link which will be sent to the candidate of your choosing.

How does it work?
Total Questions 53
Question Types Multiple Choice
Competencies Tested Accounts Payable
Accounts Receivable
Cost Accounting
Financial Analysis
General Ledger
Financial Reporting
Tasks Tested Calculate Accrued Interest
Notes Payable
Recognising Long-Term Liabilities
Calculating Accrued Expenses
Calculating Current Liabilities
Percentage of Sales Method
Settlement with Note
Calculating Allowance for Bad Debt
Percentage of Receivables Method
Superannuation Guarantee
Calculating Net Pay
Calculating Gross Earnings for Partial Periods
Recognising Audit Objectives
Auditor's Report
Audit Evidence
Recognising Misstatements
Recognising Fraud
Management Assertions
Loan Analysis
Auditor's Opinion
Recognising Costs
Definitions of Costs
Break Even Point
Costing Systems
Inventory Types
Methods of Valuation
Analysis of Financial Statements
Working Capital
Effectiveness of Ratios
Current Ratio
Recording Income
Quick Ratio
Inventory Methods
FIFO Inventory Method
Straight Line Depreciation
Bank Reconciliation
Statement of Cash Flows
LIFO Inventory Method
Reducing Balance
Depreciation Methods
Small business concessions
Payroll Tax Rate
PAYG withholding
Fringe Benefit Tax
Franking credit
Payroll Tax, Victoria
Tax File Number
Type of report