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International Accounting Standard (IAS) Online Test
Test duration:
20
min
No. of questions:
10
Level of experience:
Mid/Senior

International Accounting Standard (IAS) Online Test

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International Accounting Standard (IAS) Online Test

International Accounting Standards (IASs) were issued by the antecedent International Accounting Standards Council (IASC) and endorsed and amended by the International Accounting Standards Board (IASB). These standards aim to ensure that the financial centers of the world, which have become more interconnected than ever, can use a global financial reporting framework. It provides effective and transparent regulation of financial markets. 

International Accounting Standard (IAS) skills test will evaluate a candidate’s practical knowledge and identify whether the candidate is ready to be employed. Candidates can take the International Accounting Standard (IAS) assessment test from anywhere in the comfort of their time zone. International Accounting Standard (IAS) online test helps recruiters and hiring managers assess a candidate’s ability to work in compliance with International Accounting Standards. Online International Accounting Standard (IAS) test is created & validated by experienced industry experts to assess & hire Sr. accountants as per the industry standards.

International Accounting Standard (IAS) assessment test helps to screen the candidates who possess traits as follows:

1. Strong knowledge of accounting standards and regulators of the finance domain 

2. Familiarity with financial statements, revenue, foreign exchange currency

3. Excellent knowledge of IAS along with global financial procedures

4. Ability to understand the international financial markets and accounting estimates

Interview Mocha’s test platform is secure and reliable. All the test assessment data is safeguarded with the required security features. Features like window violation and webcam proctoring help detect cheating during the test. The candidate feedback module will ensure candidates have excellent experience with Interview Mocha.

Online International Accounting Standard (IAS) test is designed with consideration of EEOC guidelines for candidate assessment. It will help recruiters to assess and hire diverse talent without any bias.

International Accounting Standard (IAS) pre-employment 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 bias.

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Test Summary

International Accounting Standard (IAS) pre-employment 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.

Useful for hiring
  • IAS Executive
  • Finance Manager
  • Senior Accountant
Test Duration
20
min
No. of Questions
10
Level of Expertise
Mid/Senior
Topics Covered
Shuffle

Impairment

Inventory

Shuffle

Borrowing Costs

Shuffle

Interim Reports

Shuffle

Presentation of Financial Statements

Shuffle

Intangible Assets

Sample Question
Choose from our 100,000+ questions library or add your own questions to make powerful custom tests.
Question type
Multiple Option
Topics covered
Financial Instruments
Difficulty
Hard

Question:

AVS Ltd. issued bonds last year. The current year is 2018. Against these bonds, AVS is expected to receive a fixed amount of payment every month until its maturity which is to be in the year 2022. In 2022, the bonds are to be returned to AVS Ltd. with the amount reimbursed back to the investor.

How do the International Accounting Standards recommend presenting these in the financial statements?


Options

  • Financial assets at fair value through profit or loss
  • Available-for-sale financial assets
  • Loans and receivables
  • Held-to-maturity investments
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