About Online GAAP Test
GAAP (Generally Accepted Accounting Principles) is a collection of commonly-followed accounting rules and standards for financial reporting. The purpose of U.S GAAP is to ensure that financial reporting is transparent and is performing consistently from one organization to another. GAAP is used often by businesses reporting their financial results in the United States. It is much more rules-based than IFRS and is considered to be the more comprehensive accounting framework.
GAAP skills test evaluates a candidate's practical knowledge and will identify whether the candidate is ready to be employed. GAAP assessment test can be taken online by candidates from anywhere in the comfort of their time zone. Online GAAP test helps recruiters and hiring managers to assess candidate’s knowledge of GAAP accounting. GAAP online test is created & validated by experienced industry experts to assess & hire GAAP accountant as per the industry standards.
GAAP assessment test helps to screen the candidates who possess traits as follows:
1. Solid understanding of US GAAP/IFRS
2. Strong technical accounting knowledge in U.S. GAAP
3. Experience in researching complex accounting issues
4. Ability to prepare GAAP financial statements
Our powerful reporting will give you an instant result and an option to share this result with your recruiting team. You can analyse section wise performance of candidate to gauge his/her strengths and weaknesses. Features like window violation and webcam proctoring help detect cheating during the test.
GAAP skill test may contain MCQs (Multiple Choice Questions), MAQs (Multiple Answer Questions), Fill in the Blanks, Whiteboard Questions, Audio/Video Questions, LogicBox (AI-based essay evaluation), Job-based Simulations, True or False Questions, etc.
The test is designed considering EEOC guidelines, it will help you assess & hire diverse talent without any bias.