Used as a screening tool for Recruitment & Selection:
Mettl's assessment for IFRS 9 lets you test a candidate's knowledge on the International Financial Reporting Standard 9 published by the International Accounting Standards Board (IASB). This test also evaluates a candidate's knowledge on how to apply the key IFRS 9 principles and address the accounting for financial instruments, thus making it easier to hire candidates for suitable roles.
What does Assessment for IFRS 9 measure?
This comprehensive functional test has been designed to evaluate a candidate’s ability to understand how IFRS 9 specifies an entity that should classify and measure financial assets, financial liabilities, and some contracts to buy or sell non-financial items. It evaluates whether candidates have the knowledge about the areas of applicability and whether they are able to classify financial instruments according to the key principles of IFRS 9. The candidates who do well in this test may have an understanding of:
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Key profiles that the test can be useful for:
This test is suitable for evaluating a candidate's expertise in International Financial Reporting Standard 9 with 3+ years of work experience. This test is useful for employees in profiles in various roles such as:
|Number of Sections||1|
|Number of Questions||16|
|Test Duration||30 minutes|
NOTE: If required, the test can be provided in other languages as well. Please connect with us at firstname.lastname@example.org for any such requirement.
What is the purpose of IFRS 9?
IFRS 9 was published by the International Accounting Standards Board's (IASB) in order to improve the accounting and reporting of financial assets and liabilities that will present relevant and useful information to users of financial statements for their assessment of the amounts, timing, and uncertainty of the entity's future cash flows.
How does IFRS 9 work?
IFRS 9 defines how an entity should categorize and estimate financial assets, financial liabilities, and some contracts to procure non-financial items.
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