Contact
Robin Bogdon
Director of Career Development
+1 (512) 220-4021
robin.bogdon@hftp.org
CHAE Exam Format
The following outlines the topics covered and question format in the CHAE exam.
(Effective January 1, 2017)
Topics
- Section 1: Financial Accounting — 60 questions
- Section 2: Managerial Accounting — 80 questions
- Section 3: Ethics, Fraud & Internal Controls — 35 questions
- Section 4: General — 25 questions
Candidates must pass all four sections with a score of 70% in each section to become certified.
Section Organization
Section 1: Financial Accounting
- 1.1 Financial Accounting Concepts
- 1.2 The Balance Sheet
- 1.3 The Income Statement
- 1.4 The Cash Flow Statement
Section 2. Managerial Accounting
- 2.1 Managerial Accounting Concepts
- 2.2 Analytics
- 2.3 Revenue Management
- 2.4 Budgets and Forecasts
- 2.5 Labor Analysis
Section 3. Ethics, Fraud, & Internal Controls
- 3.1 Ethics
- 3.2 Fraud
- 3.3 Internal Controls
Section 4. General
- 4.1 General (HR, M & A, Management, etc.)
- 4.2 CHAE Information
Sample Exam Questions
The normal balance of the retained earnings account of a hotel is:
a. Debit
b. Credit
c. Either a or b
d. Neither a or b