Canadian Advanced Accounting Assessment


Canadian Advanced Accounting Assessment

Skills Assessment

The Advanced Accounting test is designed to screen applicants of approximately three to five years experience in accounting in Canada. 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.

Assessments for General Accounting and General Ledger are 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 44
Question Types Multiple Choice
Competencies Tested Accounts Payable
Accounts Receivable
Cost Accounting
Financial Analysis
General Ledger
Tasks Tested Calculating Accrued Expenses
Calculate Accrued Interest
Recognizing Long-Term Liabilities
Notes Payable
Calculating Current Liabilities
Year End Balances
Direct Write Off Method
Calculating Allowance for Bad Debt
Percentage of Receivables Method
Settlement with Note
Percentage of Sales Method
Calculating Net Pay
Pension Expense
Calculating Gross Earnings for Partial Periods
Payroll Taxes
Record Accrual
Recognizing Misstatements
Auditor's Report
Recognizing Audit Objectives
Audit Evidence
Management Assertions
Recognizing Fraud
Auditor's Opinion
Loan Analysis
Inventory Types
Recognizing Costs
Costing Systems
Definitions of Costs
Breakeven Point
Effectiveness of Ratios
Quick Ratio
Methods of Valuation
Current Ratio
Analysis of Financial Statements
Working Capital
Recording Income
FIFO Inventory Method
Straight Line Depreciation
Bank Reconciliation
Depreciation Methods
Inventory Methods
Double Declining Balance
Statement of Cash Flows