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College Credit by Exam for Accounting Courses

Two organizations offer exams that most colleges accept for first-year accounting courses:

CollegeBoard Financial Accounting CLEP Exam:

This exam covers the material generally taught in the first semester of an undergraduate accounting program. Test takers have 90 minutes to answer 75 questions.

The test contains questions relating to general accounting topics such as forms of business, the accounting cycle, and double-entry accounting; the income statement, the balance sheet; the statement of cash flows; and miscellaneous topics such as investments and contingent liabilities.

CLEP Financial Accounting w/ Online Practice Exams (CLEP Test Preparation)

CLEP Financial Accounting w/ Online Practice Exams

The book includes two full-length practice tests that mirror the actual exam, allowing you to become familiar with the test format before taking the CLEP. Each practice test comes with detailed explanations of answers to help you identify areas in need of improvement and be prepared on test day.

GetCollegeCredit Principles of Financial Accounting DSST Exam:

This exam covers basically the same material as the CLEP Financial Accounting Exam. Test takers have 120 minutes to answer about 100 questions.

DSST Principles of Financial Accounting DANTES Study Guide

DSST Principles of Financial Accounting DANTES Study Guide

This study guide includes sample test questions that will test your knowledge AND teach you new material.

The cost to take CLEPs and DSSTs is about $75 or $80 plus a sitting fee of about $10 to the facility administering the exam. Visit http://www.getcollegecredit.com/ and http://www.collegeboard.org/ to learn more about getting college credit for your accounting courses.

 

Affordable Online Courses:

Accounting, Bookkeeping, and Finance for Non Accountants
This course covers the fundamentals of accounting with the newcomer in mind. The course assumes students have no prior knowledge about accounting or finance, and delivers lessons and examples to build accounting skills.

Introduction to Accounting and Finance
Learn accounting terminology, standard practices, understand financial reports and measuring profitability. An introduction to budgeting and the importance of budgets is also covered.

 

 

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