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Free Practice Questions for Moldova Auditor Qualification Exam

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Key Facts: Moldova Auditor Qualification Exam Exam

6 Papers

Modular written disciplines required for auditor certification

Law No. 271/2017 and CSPA certification process

70–80 / 100

Passing score out of 100 points depending on the discipline

CSPA certification process

3 Hours

Duration per written examination paper

CSPA certification process

40 Hours/yr

Mandatory annual continuing professional development (CPD)

Law No. 271/2017

CSPA's Certification Commission examines candidates in six written disciplines: Audit, Financial Accounting, Management Accounting, Financial Management, Law, and Information Technology. Each test lasts up to 3 hours and contains up to 50 questions, including up to 10 practical problems. Passing thresholds range from 70 to 80 points out of 100. Candidates need economic or legal higher education and normally 3 years of relevant experience, including 2 years as an audit trainee, with a 15-year experience alternative. This is an independent English-language MCQ study bank.

Sample Moldova Auditor Qualification Exam Practice Questions

Try these sample questions to review concepts for the Moldova Auditor Qualification Exam exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 93+ question experience with AI tutoring.

1Under ISA 200 (Overall Objectives of the Independent Auditor), what level of assurance is an external auditor required to obtain before expressing an opinion on statutory financial statements?
A.Absolute assurance that the financial statements are entirely free from any error or fraud
B.Reasonable assurance, which represents a high, but not absolute, level of assurance
C.Limited assurance, providing negative assurance that no material misstatements came to light
D.Conditional assurance dependent on management's full indemnity and signed representation letter
Explanation: ISA 200 explicitly defines reasonable assurance as a high level of assurance obtained when the auditor has gathered sufficient appropriate audit evidence to reduce audit risk to an acceptably low level. It is not absolute assurance because an audit has inherent limitations, such as the use of testing, the inherent limitations of internal control, and the fact that most audit evidence is persuasive rather than conclusive.
2According to Moldovan Law No. 271/2017 on the Audit of Financial Statements, which public body is legally empowered to oversee the audit profession and maintain the Public Register of Auditors in Moldova?
A.The State Tax Service (Serviciul Fiscal de Stat)
B.The Public Audit Oversight Council (Consiliul de Supraveghere Publică a Auditului — CSPA)
C.The National Bank of Moldova (Banca Națională a Moldovei)
D.The Chamber of Commerce and Industry of the Republic of Moldova (Camera de Comerț și Industrie)
Explanation: Under Law No. 271/2017, the Public Audit Oversight Council (Consiliul de Supraveghere Publică a Auditului — CSPA) is the autonomous public institution responsible for public oversight of the statutory audit profession, quality control inspections, qualification certification, and maintaining the Public Register of Auditors and Audit Entities.
3Which of the following represents the five fundamental ethical principles codified in the IESBA International Code of Ethics and enforced by CSPA in the Republic of Moldova?
A.Integrity, Objectivity, Professional Competence and Due Care, Confidentiality, and Professional Behavior
B.Independence, Profitability, Prudence, Transparency, and Due Diligence
C.Fairness, Materiality, Professional Skepticism, Consistency, and Neutrality
D.Objectivity, Public Responsibility, Compliance, Accuracy, and Conservatism
Explanation: The IESBA Code of Ethics establishes five fundamental principles: Integrity (being straightforward and honest), Objectivity (not compromising judgment due to bias or conflict of interest), Professional Competence and Due Care (maintaining requisite knowledge and diligence), Confidentiality (respecting information secrecy), and Professional Behavior (complying with laws and avoiding discreditable acts).
4An audit partner's spouse is appointed as the Chief Financial Officer (CFO) of an entity audited by the partner's firm. According to the IESBA Code of Ethics, which threats to independence arise?
A.Self-review threat
B.Familiarity threat and self-interest threat
C.Advocacy threat
D.Intimidation threat
Explanation: A close family relationship between an audit team leader and an executive who exerts significant influence over the financial statements creates severe familiarity and self-interest threats. The familiarity arises from personal affection and trust, while the self-interest threat arises from shared financial interests in the spouse's remuneration and executive performance.
5Under ISA 210 (Agreeing the Terms of Audit Engagements), which condition must the auditor verify as a mandatory precondition for an audit before accepting an engagement?
A.Management has agreed to provide an unqualified audit opinion guarantee
B.The financial reporting framework to be applied in the preparation of the financial statements is acceptable
C.The entity has achieved positive net profit and cash flow from operations during the fiscal year
D.All prior year audit recommendations have been fully implemented by the internal audit department
Explanation: ISA 210 specifies that to establish whether the preconditions for an audit are present, the auditor must determine whether the financial reporting framework to be applied (such as National Accounting Standards or IFRS) is acceptable, and obtain management's acknowledgement of its responsibility for financial statement preparation, internal controls, and providing complete access to records.
6Under ISQM 1 (International Standard on Quality Management 1) and ISA 220 (Revised), who bears ultimate responsibility for managing and achieving quality on an individual audit engagement?
A.The Engagement Quality Reviewer (EQR)
B.The Engagement Partner
C.The external inspector from CSPA
D.The client's Audit Committee
Explanation: ISA 220 (Revised) establishes that the engagement partner is ultimately responsible for managing and achieving quality on the audit engagement, and for leading the engagement team in compliance with professional standards, regulatory requirements, and the firm's quality management policies.
7Under Moldova's Law No. 271/2017 on the Audit of Financial Statements, what is the maximum period after the date of the auditor's report for completing the assembly of the audit file?
A.15 calendar days
B.60 calendar days
C.90 calendar days
D.180 calendar days
Explanation: Law No. 271/2017 requires the audit file to be completed within no more than 60 days after the date the auditor's report is signed. ISA 230 describes 60 days as an ordinarily appropriate administrative period; the Moldovan statute supplies the binding maximum used in this question.
8Under ISA 240, which three conditions make up the 'fraud triangle' that the auditor evaluates when identifying and assessing fraud risk factors?
A.Collusion, Concealment, and Conversion
B.Incentive or pressure, Opportunity, and Attitude or rationalization
C.Materiality, Inherent risk, and Control deficiency
D.Complexity, Volatility, and Subjectivity
Explanation: ISA 240 identifies the fraud triangle as the three conditions typically present when fraud occurs: (1) Incentive or pressure (a motive to commit fraud), (2) Opportunity (circumstances that allow fraud to be executed, such as weak internal controls), and (3) Attitude or rationalization (the mindset enabling an individual to justify dishonest behavior).
9Under ISA 250 (Consideration of Laws and Regulations in an Audit of Financial Statements), what is the auditor's specific responsibility regarding laws and regulations that do NOT directly determine amounts in the financial statements, such as environmental or occupational safety laws?
A.Perform detailed substantive testing on every operational compliance report and physical facility
B.Perform specified audit procedures to help identify non-compliance that may have a material effect on the financial statements
C.Guarantee absolute legal compliance and issue an official certificate of legal conformity
D.Ignore these laws entirely because external auditors are strictly concerned with bookkeeping debits and credits
Explanation: ISA 250 distinguishes between laws having a direct effect on financial statements (e.g., tax laws) and other laws that do not directly determine reported amounts but compliance with which may be fundamental to operating aspects or avoiding material penalties. For the second category, the auditor's responsibility is limited to specified procedures: inquiring of management and inspecting correspondence with licensing or regulatory authorities.
10What is the primary difference between the overall audit strategy and the detailed audit plan according to ISA 300 (Planning an Audit of Financial Statements)?
A.The strategy sets the scope, timing, and direction of the audit; the plan details the nature, timing, and extent of specific audit procedures
B.The strategy is prepared by the client's internal auditors; the plan is prepared by the external engagement partner
C.The strategy is finalized after field testing is complete; the plan is created before engagement acceptance
D.The strategy contains exact monetary sample sizes; the plan contains only high-level conceptual objectives
Explanation: Under ISA 300, the overall audit strategy establishes the scope, timing, and direction of the audit, guiding the development of the audit plan. The audit plan is more detailed, outlining the nature, timing, and extent of risk assessment procedures, tests of controls, and substantive procedures.

About the Moldova Auditor Qualification Exam Exam

Free English-language multiple-choice practice questions for the Moldovan Auditor Qualification Examination (Examenul pentru obținerea calificării profesionale de auditor) administered by the Public Audit Oversight Council (CSPA). The bank draws on the current CSPA program, Moldovan Law No. 271/2017, Law No. 287/2017, SNC/IFRS, tax law, and International Standards on Auditing. It is an independent English-language MCQ study adaptation, not an official CSPA translation, endorsement, or exact simulation of the official written tests.

Exam sponsor: Public Audit Oversight Council (Consiliul de Supraveghere Publică a Auditului — CSPA), an autonomous public legal entity, through its Certification Commission. The requirements and fees below concern the certification or admission exam, separate from our free practice resources.

Assessment

Six written discipline tests, normally scheduled one discipline per month in spring (March–May) and autumn (September–November) examination periods. Each test lasts up to 3 hours. CSPA requires candidates to know Romanian and publishes the 2026 program in Romanian, but the reviewed public materials do not separately state all available delivery languages. This independent bank is an English-language, four-option MCQ study adaptation; it is not an official translation or exact format simulation. The official process reviewed lists no separate oral, portfolio, assignment, or performance component.

Time Limit

3 hours (180 minutes) per written discipline paper

Passing Score

70–80 points out of 100 depending on discipline (80 for Audit, Financial Accounting, Management Accounting; 75 for Financial Management, Law; 70 for IT Systems)

Exam / Certification Fees

3,480 MDL per written discipline test for the 2026 sittings

Exam sponsor website

Fees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.

Our practice resources: topics covered

We aim to reflect publicly available exam outlines and topic information in our study resources. Coverage, format, and difficulty may differ from the actual exam, and we cannot guarantee that every detail is accurate or current. Confirm exam requirements, fees, and policies with the official exam sponsor.

25 retained questions

Audit and Assurance (Audit — ISA, Legea 271/2017, ISQM 1, Codul Etic)

International Standards on Auditing (ISA), Law No. 271/2017 on Audit of Financial Statements, audit risk and materiality, internal control evaluation, substantive testing, audit reporting, Key Audit Matters (KAM), quality management (ISQM 1), and IESBA Code of Ethics.

20 retained questions

Financial Accounting (Contabilitate financiară — SNC, IFRS, Legea 287/2017)

Law No. 287/2017 on Accounting and Financial Reporting, Moldovan National Accounting Standards (SNC), IFRS/IAS principles, revenue recognition, property plant and equipment, leases, inventory valuation, financial instruments, and consolidated financial statements.

15 retained questions

Management Accounting (Contabilitate managerială — calculația costurilor, CVP, bugete)

Cost classification and behavior, high-low method, cost-volume-profit (CVP) analysis, breakeven and margin of safety, absorption versus marginal costing, standard costing and variance analysis, budgeting, and relevant cost decision-making.

15 retained questions

Financial Management (Management financiar — analiză financiară, NPV/IRR, WACC, risc)

Financial ratio analysis, working capital management, cash conversion cycle, capital budgeting (NPV, IRR, payback period), Weighted Average Cost of Capital (WACC), capital structure, and financial risk assessment.

15 retained questions

Moldovan Legal and Tax Framework (Drept — Codul Fiscal, SRL/SA, Codul Muncii, insolvabilitate)

Tax Code of the Republic of Moldova (corporate income tax, VAT, withholding taxes, tax administration), Company Law (SRL and SA regulations), Labor Code, Insolvency Law No. 149/2012, and statutory responsibilities of directors and auditors.

3 retained questions

Information Technology and Computer Systems Management (Tehnologia informației și gestiunea sistemelor informaționale)

Computer and operating-system fundamentals, digital information and artificial intelligence, data protection and cybersecurity, office and spreadsheet tools, databases, internet and cloud services, and qualified electronic signatures.

Preparing for the Moldova Auditor Qualification Exam Exam

What You Need to Know

  • Passing score: 70–80 points out of 100 depending on discipline (80 for Audit, Financial Accounting, Management Accounting; 75 for Financial Management, Law; 70 for IT Systems)
  • Assessment: Six written discipline tests, normally scheduled one discipline per month in spring (March–May) and autumn (September–November) examination periods. Each test lasts up to 3 hours. CSPA requires candidates to know Romanian and publishes the 2026 program in Romanian, but the reviewed public materials do not separately state all available delivery languages. This independent bank is an English-language, four-option MCQ study adaptation; it is not an official translation or exact format simulation. The official process reviewed lists no separate oral, portfolio, assignment, or performance component.
  • Time limit: 3 hours (180 minutes) per written discipline paper
  • Exam / certification fees: 3,480 MDL per written discipline test for the 2026 sittings Official sources

Using Our Practice Resources

  • Work through all 93 available questions
  • Review every answer and explanation
  • Track weak areas and revisit them
  • Use our AI tutor for tough concepts

Moldova Auditor Qualification Exam: Suggested Study Strategy

1Master ISA risk assessment and reporting: focus on ISA 315 (identifying and assessing risks of material misstatement), ISA 330 (responses to assessed risks), ISA 700/705/706 (audit opinion types), and ISA 701 (Key Audit Matters).
2Understand the interplay between Moldovan National Accounting Standards (SNC) and IFRS, particularly revenue recognition, property valuation, lease accounting, and impairment.
3Practice managerial cost calculations: high-low method, cost-volume-profit equations, contribution margin ratios, and standard cost variances (material price/usage and labor rate/efficiency).
4Review Moldovan tax rules in Title II (corporate income tax) and Title III (VAT) of the Fiscal Code, including deductible vs non-deductible expenses, depreciation limits, and VAT reverse charge rules.
5For the 2026 IT discipline, review computer and operating-system fundamentals, data protection and cybersecurity, word processing and spreadsheets, databases, internet and cloud services, artificial intelligence, and qualified electronic signatures.
6Work through the IESBA Code of Ethics threats framework (self-interest, self-review, advocacy, familiarity, intimidation) and safeguard mechanisms mandated under Law No. 271/2017.

Frequently Asked Questions

What is the Moldova Auditor Qualification Examination?

It is the professional qualification examination organized by the Public Audit Oversight Council (Consiliul de Supraveghere Publică a Auditului — CSPA) under Law No. 271/2017 on the Audit of Financial Statements. The six written discipline tests form the examination route to the auditor qualification certificate.

What disciplines are included in the qualification examination?

The examination comprises six written disciplines: 1. Audit (legislation, ISA standards, ISQM 1, Code of Ethics); 2. Financial Accounting (SNC standards, IFRS, Law No. 287/2017); 3. Management Accounting (cost accounting, CVP, budgeting); 4. Financial Management (ratio analysis, working capital, investment appraisal); 5. Law (civil law, commercial entities, labor law, insolvency, and Moldovan Tax Code); and 6. Information Technology and Computer Systems Management.

What is the passing score for each discipline?

Under CSPA certification regulations, each written paper is graded out of 100 points. The minimum passing threshold is 80 points for Audit, Financial Accounting, and Management Accounting; 75 points for Financial Management and Law; and 70 points for Information Technology and Computer Systems Management.

What format do the official exams use, and how does this practice bank adapt them?

Each official discipline test lasts up to 3 hours and has up to 50 questions, including up to 10 practical problems. Each question has at least three choices and one correct answer. CSPA requires candidates to know Romanian and publishes its 2026 program in Romanian, but the reviewed materials do not separately publish a complete delivery-language policy. This independent bank uses English and exactly four options for study convenience; it is not an official translation or exact format simulation.

What are the eligibility requirements to sit the examination?

Candidates must hold a higher education degree in economics or law, possess at least 3 years of work experience in economics or law (including at least 2 years as an audit trainee / stagiar în audit), or alternatively have at least 15 years of general economic/legal experience, and have no disqualifying criminal record.

What fees apply to the Moldova auditor examinations?

The statutory fee is 0.2 of the forecast average monthly wage approved annually by the Government of Moldova for each discipline test. CSPA's 2026 examination announcement sets the fee at 3,480 MDL per test.

How long is the qualification certificate valid once earned?

The current public certification materials reviewed do not state a fixed expiry term. For continued practice, an auditor entered in the public register must complete at least 40 academic hours of continuing professional development in each consecutive 12-month period beginning in the year after registration.