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Accounting and Bookkeeping

Type:Role specific skills
Time:13 min
Languages:English
Level:Beginner

Summary of the Accounting and Bookkeeping test

Accounting and Bookkeeping isn't a test of abstract theories or complex financial engineering. It is a practical, hands-on assessment of the essential skills that keep a business running. We are evaluating your command of the core processes that form the backbone of any healthy finance department. Your precision and reliability are what we're here to see.

You will be evaluated on six fundamental competencies of accounting and bookkeeping:

  • Journal Entries & General Ledger Posting: You will demonstrate your ability to correctly classify transactions and post them to the general ledger, ensuring the fundamental accounting equation remains perfectly balanced.

  • Financial Statements: Showcase your understanding of how daily transactions flow into the big picture. You will prove your ability to read and comprehend the Income Statement, Balance Sheet, and Cash Flow Statement.

  • Accounts Payable and Receivable Processing: You will manage the flow of money in and out of the business, processing vendor invoices for timely payment (AP) and ensuring customer invoices (AR) are issued accurately and tracked diligently.

  • Bank & Account Reconciliations: Prove your meticulous attention to detail by comparing company records to bank statements, identifying discrepancies, and making the necessary adjustments to ensure every dollar is accounted for.

  • Sales Tax and Compliance Basics: Apply your knowledge of fundamental compliance, accurately calculating and recording sales tax on transactions to ensure the company meets its basic regulatory obligations.

  • Payroll Accounting: Handle one of the most sensitive accounting functions. You will demonstrate your ability to process payroll entries, account for deductions, and appreciate the importance of accuracy and confidentiality.

This is where theory becomes practice. Where accuracy is everything. Where the foundation for all financial strategy is built, one transaction at a time. If you have the discipline required, you are the reliable professional every team needs.

Covered skills

  • Journal Entries & General Ledger Posting
  • Financial Statements
  • Accounts Payable & Receivable Processing
  • Bank & Account Reconciliations
  • Sales Tax & Compliance Basics
  • Payroll Accounting

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