Taking the Intermediate Accounting Exam

The intermediate accounting exam is a necessary prerequisite for many prospective graduate and professional accountants. It is designed to cover the topics of general accounting, business reporting, internal control systems, financial statement preparation, balance sheets, income tax, corporate finance, international financial transactions, and the preparation of financial statements.

In order to become eligible for this exam, you will need to pass an initial examination administered by your graduate program or accounting department. This examination will give you enough information to help you prepare properly for the examination. The intermediate examination is usually a combination of theory and practical examinations, and is typically administered after completing all requirements for the graduate level of the program in your area of study.

In some cases, the Graduate School may offer to administer the examination for you. If you do choose to take the examination, make sure that you thoroughly understand what is expected of you and that you have all of the necessary course requirements.

You will find that the examination will include both theory and practical questions, and both verbal and written portions. You will need to demonstrate your ability to follow instructions and provide examples of your understanding and application of accounting principles.

An intermediate examination is usually designed to last about an hour, although there are many exceptions. Some exams can be completed in less than 15 minutes. However, you should always allow at least two days to complete any examination.

Although this type of examination is usually administered online, it can also be taken by mail. In addition, the exam can also be taken in person, or by telephone. If you take the exam by phone, you will have the option of taking it as soon as you finish your work for the day.

The exam usually includes a written section and an oral portion. You will need to understand both of these sections, because you will be required to explain how the information was derived from the financial data presented. You will also be required to answer the questions you were asked during the theoretical part of the examination. To ensure that you understand each section thoroughly, you may want to review the sample questions.

Once you have completed your examination, the Graduate School will send you a report. You can either complete the report electronically, print it out, or submit it to your program office for review before you submit it to the National Accountants Society (NAS).

As with any other examination, you should practice the answers to the examination questions. Practice test will give you the confidence that you will have when answering actual exam questions.

If you take the examination on your own, you should expect to have several practice exams, as well as the written exam. This allows you to get familiar with the types of questions you may be asked. when taking the actual examination.

In addition to practicing on the paper and taking the exam, you will want to practice with the actual examination on your computer as well. You should use a practice exam that is similar to the one that you will take when taking the exam in person. This way, you will be able to compare your performance on the written and practice exam.

In addition to practicing on the test, you should take at least one to two practice exams with an actual account. If you can take a practice exam with an actual account, you will be better prepared for the actual exam.

Take the time to review your answers for every question that you receive on the exam. Reviewing your answers before you answer each question will make your studying experience more productive.