Financial reporting quiz for directors
This is a free 10 question multiple choice quiz to assist you in testing your knowledge of financial reporting.
The quiz focuses on the more technical elements of financial reporting rather than broader financial knowledge. For example, it doesn't test understanding of matters such as financial products or instruments, assessments for capital and funding decisions, financial processes and controls, or how decisions can impact on the future financial health of a company.
This quiz was developed by the Australian Securities and Investments Commission, Australian Institute of Company Directors, CPA Australia, The Chartered Accountants Australia and New Zealand and the Institute of Public Accountants. The idea for the quiz came from a response to the survey on director financial literacy conducted by the Financial Reporting Council.
Completion of this quiz is confidential, no names or email addresses of participants are recorded for any reasons. Responses are collected by a third-party survey provider. IP addresses of respondents are hidden and are not available to ASIC.
Completion of the demographic data in the questionnaire is optional, and will only be used to help us refine the questionnaire in the future.