ROLE-SPECIFIC SKILLS

Advanced accounting (IFRS) test for hiring

See how candidates apply IFRS accounting in short business situations and period-end tasks.

10 minutes
16 questions
Advanced
Multiple choice
Questions in English
Phone and desktop

Use this test free See the question formats

The short answer

The Advanced Accounting (IFRS) test is a timed, 16-question multiple-choice assessment for experienced accounting staff. It measures applied IFRS treatments, journal entries, accounting calculations, reconciliations and period-end records. Use it to assess accountants, senior bookkeepers, financial reporting and group accounting staff, audit associates, and other finance roles that prepare or review IFRS financial statements.

What it measures

Applying IFRS principles, recording journal entries, calculating accounting figures and keeping financial records accurate at period end.

IFRS concepts and treatments

Candidates choose an appropriate IFRS treatment for a short business situation.

Journal entries

Candidates record transactions using the correct debits and credits.

Accounting calculations

Candidates work out accounting figures such as depreciation, lease liabilities and impairment losses.

Reconciliations and period-end records

Candidates handle reconciliations and adjustments needed to keep records accurate at period end.

Question formats

Multiple choice

The candidate: Reads a short situation, table or statement and picks the right answer, or every right answer.

You see: Whether the candidate knows the material well enough to apply it, not just recognize it.

16 questions in 10 minutes, served one at a time.

Roles this test fits

Accountants, senior bookkeepers, financial reporting and group accounting staff, audit associates, and other finance roles that prepare or review IFRS financial statements.

Evidence of applied accounting work

See applied IFRS judgment
Short business situations show how candidates select treatments, beyond what a resume alone describes.
Check transaction recording
Journal-entry questions show whether candidates apply debits and credits when recording transactions.
Review calculations and records
Depreciation, lease liability and impairment calculations, alongside reconciliations and period-end adjustments, give you specific areas to discuss.
Focus follow-up
Use results to focus interview and work-sample questions on the candidate's applied accounting, rather than broad prompts.

What you get for each candidate

Example report (fictional data)Advanced Accounting (IFRS)

67%Percentile 37. Benchmark: HireValid candidates, n = 1,331

IFRS concepts and treatments74%

Journal entries75%

Accounting calculations60%

Reconciliations and period-end records57%

Integrity ScoreHigh confidence

Stayed on the test tab throughout
No pasted answers
Answered at a steady pace

Scores, profiles and integrity signals are evidence for you to review alongside an interview, never an automatic decision.

Use this test free

Test integrity signals for review

The 10-minute test presents one question at a time. Each candidate gets a different set from large question pools; question order and answer options are shuffled. Candidates cannot go back. Reloading returns the same question with only the time left, because timing runs on the server. Question text cannot be copied or selected, and a blocked copy attempt is recorded in the timeline. HireValid records signals such as time away from the test tab, pastes into answers and answers faster than a question can be read. It summarizes these in an Integrity Score with an evidence timeline for the employer to review. The score does not decide on its own. With the candidate's consent, an employer can add webcam photos at random moments.

How we prevent AI cheating · Integrity signals

Use the score as evidence, not a decision

Review the score alongside a job-relevant work sample and a structured interview. A work sample can ask candidates to apply IFRS treatments, record entries or work through a reconciliation. Consider this alongside Financial Accounting (IFRS), Accounting Fundamentals and Financial Accounting (US GAAP) when choosing a test for the role. Use the test as one input, never as the sole basis for a hiring decision.

Structured interview questions

How would you approach a business situation that may require an impairment loss? What would you check before recording it?
Listen for a clear approach to the situation, relevant figures and the reasoning behind the proposed record.
Tell me how you would investigate a reconciliation difference discovered near period end.
Listen for a logical investigation, attention to supporting records and a clear account of any adjustment.
How would you decide what journal entry to make when recording a transaction under IFRS?
Listen for a reasoned choice of treatment and accurate use of debits and credits.

Understand scoring and benchmarks

Fairness and accommodations

Amounts are shown in neutral currency units (CU), and no question depends on a country's tax law, local accounting rules or regulators. Companies have invented, neutral names, people's names come from many backgrounds, and the English is kept plain so the test measures accounting rather than reading. Every candidate may use the on-screen calculator and scratch paper, and questions follow the standards in effect when they were written.

You can give any candidate extra time as an accommodation. Results are evidence for a person to review, never an automatic decision.

Provisional: reliability is reported once 200 candidates have completed it.

Read our fairness approach

Test details

A timed test of applied financial accounting under IFRS Accounting Standards, written for experienced accounting staff. Candidates choose the right treatment for short business situations, record transactions with the correct debits and credits, work out figures such as depreciation, lease liabilities and impairment losses, and handle reconciliations and period-end adjustments.

Questions are in English.
Aids allowed: A calculator, Scratch paper.
Each question is answered once, in order, with no going back.
4 practice questions, 4 minutes, before the timed test.

IFRS, IAS are trademarks of their owners. HireValid is not affiliated with or endorsed by them.

Frequently asked questions

What does the Advanced Accounting (IFRS) test measure?+

It measures how candidates apply IFRS treatments in short business situations, record transactions with debits and credits, calculate figures such as depreciation and impairment losses, and handle reconciliations and period-end adjustments.

Who should use the Advanced Accounting (IFRS) test?+

It is written for experienced accounting staff. Consider it for accountants, senior bookkeepers, financial reporting and group accounting staff, audit associates, and other finance roles that prepare or review IFRS financial statements.

How long is the Advanced Accounting (IFRS) test?+

The timed test has 16 multiple-choice questions and takes 10 minutes. Candidates may use the on-screen calculator and scratch paper. They cannot go back to an earlier question.

Does the Advanced Accounting (IFRS) test depend on local tax or accounting rules?+

No. Amounts are shown in neutral currency units (CU), and no question depends on a country's tax law, local accounting rules or regulators. Questions follow the IFRS Accounting Standards in effect when they were written, so the test measures applied IFRS work rather than local knowledge.