Certificate in Mastering Accounting FAQs
What is the Mastering Accounting Practice Exam?
Who should take this exam?
It is for accounting and finance students, recent graduates, junior accountants, business owners, and anyone studying for CPA, ACCA, CMA or similar credentials.
What topics does the exam cover?
It covers eight domains: financial accounting; managerial accounting; cost accounting; accounting information systems; taxation and regulation; auditing and assurance; financial analysis and reporting; and accounting ethics.
Do I need prior accounting experience?
How is the exam structured?
The exam uses multiple-choice and scenario-based questions that measure your ability to apply accounting methods in real situations.
Is there a time limit for the exam?
Yes. You will have a fixed time to complete all questions, with the exact duration set by the exam provider.
How is the exam scored?
Each correct answer earns points. Your total score reflects your overall accounting skills, and you can review performance by domain.
Can I retake the exam to improve my score?
What materials should I use to prepare?
Where can I find additional resources or support?
You can access sample questions, study guides, templates and tutorials on the exam provider’s website or through accredited training partners.