"I first used Accountests products about a year ago and have seen first-hand a correlation between high performing candidates in the test being appraised as high performers in the workplace a year later.
The products are extremely user-friendly and cover all the basic fundamental areas of accounting that you would want to explore in making hiring decisions. Both the candidates sitting the tests, myself as the reviewer and my clients agreed that they hit the mark and make hiring decisions much easier."
Adam Napper, Senior Talent Advisor, Consult Accounting & Finance Recruitment
Cost Accountant Test
The Cost Accountant Test is designed to assess candidates whose position will include providing cost accounting support to their organization. The test assumes a level of skill and competency that would normally be held by an accountant who is a member of their professional body, such as CPA, CIMA / CGMA, ACCA or similar. This test is also applicable to those with qualifications in accounting, or those without formal qualifications, but significant work experience in cost accounting.
The test covers four core cost accounting activities:
- Variances - identifying, calculating and interpreting production variances
- Implementation – costing methods and terminology
- Practical Issues – dealing with real costing issues
- Accounting – recording costing analysis including US GAAP
The report received will enable the recruiting manager to gain insight into a candidate's skills and knowledge in each of these four activities, as well as a comparative overall score and performance against a norm group of other cost accountants. You can also identify a candidate's performance in the activities most relevant to your vacant role.
- Time to complete = 30 minutes
- Number of Questions = 40
- Question Levels – Basic = 12, Intermediate = 16, Advanced = 12
- Questions per topic – Variances = 10, Costing Theory = 10, Practical Questions = 10, Accounting for Inventory = 10
When your candidate has completed the test you can use this Interpretation Video to help understand more about their test report.
What our clients are saying
"The abilities being shown by the recruited candidate correlates with the outcome of their test, and they are progressing and delivering to expectations"
"The Accountest was an extremely useful tool which assisted in our recruitment decision. The person we engaged is at the standard we expected and is in-line with the skill rating in the test results"
"We now use these tests to assess all potential accounting staff as part of our recruitment process."
"The candidates that do well in the test certainly seem to be our better performers."
"We have found that Accountests gives us the opportunity to understand our candidates accounting ability, which no other product has done until now. It also gives us the opportunity to base further questions for the candidate around what we can see their ability is and enable us to make an informed decision."
"The tool was great and formed a good part of the pre-employment process for us."
"Hiring professionals and vetting them is one of the most challenging and subjective areas of running a business. Accountests allowed us to gauge a candidates skills so that we made more informed decision which saved us both time and money."