Assessment Library
/
Bookkeeping IFRS

Bookkeeping IFRS

Assesses understanding of IFRS principles and guidelines vital for accurate bookkeeping and financial reporting.

Preview assessment
Type
Hard skills
Time
10 min
Level
Basic
Languages
English

Bookkeeping IFRS test: Ensuring financial reporting excellence

Ensure your candidates have the critical knowledge of International Financial Reporting Standards (IFRS) with our comprehensive Bookkeeping IFRS Test. Designed to accurately assess understanding of global accounting standards, this pre-screening tool is your pathway to securing professionals who will uphold the integrity of your financial reporting.

Unique features of the Bookkeeping IFRS assessment

  • Comprehensive coverage: Addresses all crucial areas of IFRS, from fair value measurements to financial statements and reporting principles, ensuring a thorough understanding.
  • Real-world application: This assessment centers on practical scenarios candidates may face, aligning test content with real-world financial reporting challenges.
  • Expert-vetted: Developed and reviewed by finance professionals, guaranteeing the relevance and accuracy of content.
  • Actionable insights: Delivers detailed insights into candidates' expertise, allowing for informed hiring decisions.
  • Flexible use: Ideal for early-stage screening as well as more in-depth candidate evaluations later in the hiring process.

Topics covered in the Bookkeeping IFRS skill screening

The Bookkeeping IFRS candidate screening assessment examines proficiency in the following areas:

  • IFRS principles and guidelines: Evaluates comprehensive understanding of the core principles underlying IFRS.
  • Financial statements and reporting: Tests knowledge of preparing and interpreting financial statements in accordance with IFRS.
  • Fair value measurements: Assesses expertise in fair value concepts and their application within IFRS.
  • Loan commitments: Reviews understanding of accounting for loan commitments and related financial instruments.
  • Reporting principles: Examines the ability to apply IFRS reporting principles in real-life financial situations.

Best use of the Bookkeeping IFRS test

This IFRS knowledge assessment is ideally suited for evaluating candidates in roles focused on accounting and financial reporting, including:

  • Financial Accountants: Crucial for assessing detailed knowledge of global financial reporting standards.
  • Bookkeepers: Ideal for ensuring bookkeepers understand and can apply IFRS principles accurately in their day-to-day work.
  • Financial Analysts: Perfect for evaluating the ability to interpret IFRS-based financial reports for informed decision-making.
  • Compliance Officers: Assists in identifying professionals who can ensure company financial practices adhere to IFRS guidelines.
  • Auditors: Essential for testing auditors' proficiency in auditing financial statements prepared according to IFRS.

Meet the subject matter expert behind the test

Mohamad Arakji
IT Director
Credentials:
ITIL Version 3 (IT Infrastructure Library) - Process Management
Experience:

* 3+ years as a Senior Consultant

* 5+ years as an Information and Communication Technology Division Manager

* 6+ years as an IT & Telecom Operation Manager

* 1+ years as a Chief Technology Officer

* 5+ years as an IT Project Management Department Manager

* 8+ years as an Information Systems Section Head

Mohamad Arakji is an accomplished IT professional with extensive expertise in. IT management, project management, and infrastructure architecture. He holds a BSc in Computer Science from The University of British Columbia and numerous certifications including ITIL, PMP, and several Microsoft certifications. With over two decades of experience, Mohamad has held pivotal roles at CGI, Solidere, and Orange Business Services, where he led major projects in cloud migration, infrastructure modernization, and IT operations. His career highlights include managing advanced fiber optic networks, developing innovative software solutions, and overseeing large teams of IT and telecom engineers. Mohamad’s strategic leadership and technical proficiency have made significant impacts in various sectors, from government infrastructure to financial services.

Unlock Insights with this Expert-Crafted Test!

Tiera Dobbins

Talent Acquisition Services & Operations Manager

Sarah Garner

Director of Recruitment and Outreach

Prem Kumar

Talent Acquisition Manager - Recruitment & Employer Branding

Alex Anderson

Learning & Development Specialist

Maximilian Rauschen

Head of Talent Acquisition

Matthias Schmeisser

Global Senior Director, Talent Acquisition & Employer Branding

Charlie Boyle

Senior Lead, Talent Acquisition Policy, Operations & Technology

Janna Karwaski

Senior Director of Workforce Optimization

Take the guesswork out of screening

Start making screening decision rooted in data not gut feel. Use science-backed, AI-powered assessments and get a jumpstart in finding the best talent.

Easy

We make cutting-edge people science easily applicable, so everyone can experience its unique power.

Tailored

Don't go generic. Create specific assessments using our large test library and custom questions.

Data

Wow your hiring team with easy-to-understand reports and use AI to discover unique insights.

Test Library

Choose from 400+ tests to assess your candidates. Still, can't find what you are looking for? Let our experts build it for you.

View library
Efficiency

Focus on your best candidates

Don't waste your time on screening resumes and qualification calls. Let assessments do the heavy lifting and focus on your best candidates right from the start.

Diversity & Inclusion

Build Diversity and Inclusion into hiring

Stop hiring candidates based on their resume. Use science-backed assessments to build diverse, winning teams.

HiPeople Platform - Diversity, Equity, and Inclusion (DEI)

Bookkeeping IFRS Test FAQs

No items found.

HiPeople Assessments FAQs

What is HiPeople?

HiPeople is your ultimate solution for streamlining the hiring process and securing top talent for your organization. Through our AI-powered assessments and reference checks, we ensure fast, unbiased, and efficient hiring decisions. Whether you need an all-in-one platform or specific services tailored to your needs, HiPeople offers a comprehensive solution to hire talents that truly fit the job.

How to get started with this test?

Getting started with HiPeople is as easy as 1-2-3! Simply book a demo or sign up for our free Assessment starter-kit, where you can test unlimited candidates and experience the power of our platform firsthand. With access to over 400 tests and the ability to create custom questions, you'll be equipped to identify top talents swiftly and efficiently. Plus, with our user-friendly interface and seamless integration with your existing workflows, you'll be up and running in no time!

Can I customize the test with my own questions?

Yes! HiPeople’s assessments are fully customizable. You can pick and choose from 400+ tests in the assessment library to create your assessment. Can’t find what you are looking for? You can add your custom questions as text, multiple choice, or video question. Need inspiration to get started? Use one of the 1,000+ job-specific assessment templates.

When should I use this assessment?

You can use HiPeople assessments at various stages of the hiring process. However, they're ideal for initial screening to quickly identify top candidates, saving time and resources.

Organizations incorporating our assessments early on in their hiring process report significant benefits: 91% less screening time, 62% faster time-to-hire, $801 cost savings per hire, and 21x fewer mis-hires. This efficiency ensures you're making informed decisions from the outset, leading to better hires and streamlined recruitment processes.

Is this test valid and reliable?

Absolutely! HiPeople's assessments are grounded in reliable data, psychological research, and a robust scientific process. Our expert science team ensures that every aspect of our assessments is evidence-based and scientifically rigorous. By leveraging People Science, we optimize recruitment processes, providing businesses with actionable insights about candidates. With modules designed to offer a comprehensive view, you can trust that our assessments provide accurate and meaningful data to inform your hiring decisions.

Can HiPeople integrate with our ATS?

Absolutely! HiPeople integrates with 20+ ATS and Slack. If you cannot find your ATS in the list, reach out to us and we’ll work on getting your ATS on the list.

What modern teams using HiPeople are saying.

“The turnaround time is great! We aren’t missing a candidate reference. Reference Checks can be a daunting task, but HiPeople makes it really easy.”

Tiera Dobbins, Talent Acquisition Services and Operations Manager at NFL National Football League
Tiera Dobbins
Talent Acquisition Services & Operations Manager

“HiPeople allows me to get mundane tasks like reference checks out of the way. Our time-to-fill went down 31% in the last year and we made 62% more hires.”

Sarah Garner, Director of Recruitment and Outreach at Vivvi
Sarah Garner
Director of Recruitment and Outreach

“We use HiPeople Assessments for volume hiring. With the introduction of HiPeople our work has reduced by about 50%”

Prem Kumar, Talent Acquisition Manager - Recruitment and Employer Branding at DAZN
Prem Kumar
Talent Acquisition Manager - Recruitment & Employer Branding

“Being able to use HiPeople’s AI-enable features allows for a better screening process to make sure that we are getting the right candidates.”

Alex Anderson, Learning & Development Specialist at Colas Canada
Alex Anderson
Learning & Development Specialist

“With HiPeople we are saving between 250-500 hours of screening time every year. We completely switched to a skill-based candidate assessment in pre-screening.”

Maximilian Rauschen, Head of Talent Acquisition at Tourlane
Maximilian Rauschen
Head of Talent Acquisition

“We use HiPeople to objectively assess our candidate’s skills and capabilities. The more data we have, the more we can influence our quality-of-hire.”

Matthias Schmeisser, Global Senior Director, Talent Acquisition and Employer Branding at Emnify
Matthias Schmeisser
Global Senior Director, Talent Acquisition & Employer Branding

“HiPeople has been really helpful for us in automating the reference check process, verifying who the references are, and doing it in a much more fast and efficient way.”

Charlie Boyle, Senior Lead, Talent Acquisition Policy, Operations & Technology at Celonis
Charlie Boyle
Senior Lead, Talent Acquisition Policy, Operations & Technology

“Our former reference process was really archaic, very sticky. HiPeople has really given us the ability to customize when and how we do reference checks. That is really amazing!”

Janna Karwaski, Senior Director of Workforce Optimization at IntelyCare
Janna Karwaski
Senior Director of Workforce Optimization