"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 organisation. 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 CAANZ, CPA Australia, 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 an understanding of IFRS
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 service offered by Accountests has been a game changer for our recruitment of professional staff. The ability to quickly assess the relevant technical skills of candidates has significantly improved our decision making process."
"The abilities being shown by the recruited candidate correlates with the outcome of their test, and they are progressing and delivering to expectations"
"I recently used Accountests as we were looking for a way to assess technical management accountant ability to supplement our interviews of shortlisted candidates. It helped inform our decision and would definitely use it again."
"This thorough testing process allows us to choose the very best. Given the cost involved in a mis-hire, taking the time to determine whether a candidate has the required technical skill set to do the job we are advertising for is critical"
"The tool was great and formed a good part of the pre-employment process for us."