Accounting Entrance Exam
Accounting Entrance Exam
Online registration for Accounting entrance exam and online notification of results!
Log on to a secure site using your Panther ID and your PantherSoft password in order to register for the next entrance exam, which will be held on Sunday, March 25 at 10:00am.
There will be a $20 fee payable by credit or debit card when paid up to two weeks in advance or $30 thereafter space permitting.
Do not delay save your seat today and start studying to ensure a great career in accounting!
Effective Summer 2011, registration for ACG4101, TAX 4001, ACG 4401 and BUL 4320 will require successfully passing the Accounting Entrance Exam.
Accounting Entrance Exam | Register NOW
Frequently asked questions.
- Do I need to pass this exam to be admitted to the School of Accounting?
Yes, students need to pass this exam in order to admitted into the Bachelors of Accounting program and therefore eligible to register for ACG 4101, TAX 4001, ACG 4401 and BUL 4320.
- What are the criteria in order to register for ACG 4101?
Students need to receive a permission number. These are awarded to students who have been admitted to the School of Accounting and have passed the ACG4101 entrance within a year.
- How often is the exam offered?
The exam is offered three times per year, generally the Saturday before official registration for the following semester. Please see exam registration website (https://cbasys.fiu.edu/SOAEE/Login.cfm) for exact dates of the next scheduled exams.
- What is the format for the exam?
It consists of 40 multiple choice questions.
- How long is the exam?
Each exam is 40 multiple choice questions and we allow up to 2 hours.
- How often can I take the exam?
A student is only permitted three attempts to pass the exam.
- If I register and pay for the exam but do not take it does that count as one of my three attempts?
No, only taking the exam will be counted as an attempt.
- Is the exam registration fee refundable?
There is no refund on the registration fee. It is also not transferable.
- Does a passing score expire?
Yes. For example a student who passes the exam in April is valid for registration during that Summer, Fall and Spring. It would not be valid for the following Summer semester.
- When can I take the exam?
You can take the exam at anytime however bear in mind the expiration of the exam.
- What is the passing score?
The exam is curved so the passing score fluctuates.
- How can I study for the exam?
If you still have your textbooks from lower division accounting review that material. We also offer a non-credit review class every semester.
- What material is covered on the Accounting entrance exam?
The exam covers principals of Financial Accounting. The following list includes some of the material that is subject to examination. This list is not meant to be all-inclusive but to give general guidelines as to the areas covered.
- Bank reconciliation
- Cash Equivalents
- Accounts Receivable
- Bad Debt
- Fixed Assets
- Intangible Assets
- Prepaid/Accrued Expenses
- Notes Payable
- Sole Proprietorship
- Common/Preferred stock
- Cash Flow
- Correction of Errors
- Time Value of Money
- Cash vs. Accrual method
- Accounting equation
- Financial Statements
- Business Math