TEST AREAS
"DAY-TO-DAY ACCOUNTING"
Test in Swedish on Swedish GAAP. Tailored for accountants handling day-to-day accounting at small and mid-sized clients in an accounting firm setting.
Bookkeeping
Covers the recording of routine transactions such as supplier and customer invoices using the invoice method, credit and debit notes, representation expenses with required documentation, payroll including taxes and social charges, accrued vacation pay, and supplier invoices in foreign currency with reverse charge VAT.
Accounts Receivable & Payable
Covers practical handling of customer and supplier ledgers, including correct account use (e.g. input VAT, receivables), manual reconciliations, payment matching, deviations in amounts or dates, periodisation of invoices, and processing of both domestic and international payments (including SWIFT/BIC and IBAN distinctions).
Expense Management
Covers receipt handling and documentation requirements for verification, accounting for representation (including meals and alcoholic beverages), rules for tax-free per diems, and treatment of foreign supplier invoices subject to reverse charge VAT.
Closing of Accounts
Covers closing procedures including accruals and deferrals for supplier and customer invoices, use of interim accounts, monthly reconciliations, VAT account closing, tax account entries, valuation and posting of inventory, and accounting for both doubtful and confirmed customer losses.
Accounting Practice in Client-Facing Roles
Covers practical aspects of working as an accounting consultant, including understanding filing deadlines, handling dividend advice in owner-managed companies, interpreting engagement letters and balance sheet equity, assessing compliance risks, and responding to client questions about leasing, capital adequacy or regulatory obligations. Emphasis is placed on judgement, communication, and regulatory awareness in assignments for small and medium-sized enterprises (SMEs).
TEST QUESTIONS
Multiple Choice and Manual Entry Questions
Our tests are mainly based on multiple-choice questions where the number of correct answer options varies. Each question has four answer options. Some questions require manual recording of a business transaction, and the candidate is provided with a chart of accounts for assistance.
Questions by Area and Difficulty
The tests are divided into four question areas and questions are categorised into three difficulty levels: easy, intermediate and difficult.
Randomised Test Generation
Questions within each area and difficulty level are randomly selected from a question bank, ensuring that each test receives a unique set of questions. Additionally, the order of answer options is randomised so that the correct answer for each question never appears in the same position.
30 Questions and Multimedia Options
A total of 24 questions are generated and must be answered within 35 minutes. During the test, candidates can skip questions and come back to them later. They also have access to a timer and a progress indicator. The test will automatically close when the maximum time limit is reached.
Test questions and answer options can consist of text, images, or a combination of text and images.
Example Question
