The financial accounting and reporting (FAR) test of the CPA exam covers the nuts and bolts of working as an accountant. One focus of this test is the typical transactions that an accountant posts each month and year. The FAR test also goes over accounting principles. Sun Co. is a wholly owned ... Accounting interview questions and answers. This list includes the most common interview questions used to hire for accounting jobs. Some are trickier than they seem at first! This guide covers questions on the income statement, balance sheet, cash flow statement, budgeting, forecasting, and accounting principles Courses in financial accounting cover the generally accepted accounting principles which must be followed when reporting the results of a corporation's past transactions on its balance sheet, income statement, statement of cash flows, and statement of changes in stockholders' equity.