Visit Our New Website at will expire on Dec 31, 2021

Accounting Principles Exam


The Accounting Principles Exam is used to test the candidate's accounting principles (GAAP) competency. The Exam consists of 50 multiple choice questions and simulations. To pass the Exam, you must receive a minimum of 75% (37 out of 50 questions).

The Exam tests the following:

  • Accounting Principles and Reporting Standards
  • Accounts Receivable and Uncollectible Accounts
  • Notes Payable and Notes Receivable
  • Merchandise Inventory
  • Property, Plant, and Equipment
  • Accounting for Partnerships
  • Corporations: Formation and Capital Stock Transactions
  • Corporate Earnings and Capital Transactions
  • Long-term Bonds
  • Financial Statement Analysis
  • The Statement of Cash Flows

Time to Take and Pass the Exam

You have one year from the date of purchase to take and pass the Exam. If you don't pass the Exam, you can re-take the Exam by purchasing a re-take Exam.

Schedule to Take the Exam

The Exam is taken in ATU's Online Testing Center. You can take the Exam at anytime and from anywhere with an Internet connected computer.

When you're ready to take the Exam, go to ATU's Schedule an Exam webpage and schedule the date and time you want to take the Exam. Access to the Exam will be emailed to you the business day proceeding your scheduled date and time.

Taking the Exam

The Exam is open-book and you have two hours to complete the exam.


Member $100 (Login to receive your discount)
Nonmember $150 (Join now to receive $50 off)

I have completed the Accounting Principles course, OR have provided transcripts* and received approval from ATU, NACPB, or NBA of completion of an acceptable equivalent course.

*Transcripts can be emailed to us at for review.

Re-examination Fee

Member $50 (Login to receive your discount)
Nonmember $75 (Join now to receive $25 off)


If you have any questions or need assistance, please Contact Us.