Accounting Knowledge Assessment (AKA) is the process of testing an individual’s understanding of accounting principles and procedures. It involves evaluating a person’s ability to accurately and efficiently complete tasks related to recording and summarizing financial transactions, as well as their mastery of the accepted accounting standards and regulations. AKA focuses on developing a deep and comprehensive understanding of the profession that can be applied in real-world contexts. By undergoing an AKA, individuals are able to gain a better understanding of the core principles of accounting, allowing them to excel professionally and personally.