Financial Accounting Fundamentals
Read and build the numbers — double entry, the three statements, ratios and working capital.
Accounting literacy is required for finance, audit, banking, analyst and founder roles. This assessment checks core principles (accruals, matching, going concern), double-entry bookkeeping, how the income statement, balance sheet and cash flow statement connect, key financial ratios, and working-capital and depreciation calculations. It is framework-neutral and does not test country-specific tax law.
What it measures
Accounting Principles
Accrual basis, matching, prudence and going concern.
Double-Entry Bookkeeping
Debits, credits, journals and the accounting equation.
Financial Statements
Income statement, balance sheet and cash flow statement.
Ratio Analysis
Liquidity, profitability, leverage and efficiency ratios.
Working Capital & Assets
Receivables, payables, inventory and depreciation.
Who it's for
- Commerce, BBA and MBA students
- Aspiring financial and credit analysts
- Founders and managers who read financial statements
How the test works
- 20 questions drawn at random from a larger bank, balanced across every skill area above.
- Answer options are shuffled for each candidate, and the timer keeps running once you start.
- Your answers save automatically. If your connection drops, reopen your link to continue.
- Score 70% or more to earn a verifiable ARISE certificate. You get 2 attempts.
Try a sample question
Assets are ₹5,00,000 and liabilities are ₹3,00,000. What is equity?