The present study focused on assessing the speaking test of IELTS. The assessment discussed both positive aspects and weaknesses in IELTS speaking module. The researchers had also suggested some possible measures for the improvement in IELTS speaking test and increasing its validity and reliability. The researchers had analysed and assessed IELTS speaking test in the light of both theoretical and practical perspectives presented by experienced researchers in the field of language testing and evaluation. The researchers' major concern in the assessment of IELTS speaking test was to do utmost effort to avoid the element of subjectivity and to present some logical and practical suggestions for improving IELTS speaking test.