What's on the Exam

The CBT CPA Examination is divided into the following sections and durations:

  1. Auditing and Attestation (AUD)
    This section covers knowledge of auditing procedures, generally accepted auditing procedures, generally accepted auditing standards and other standards related to attest engagements, and the skills needed to apply that knowledge in those engagements. (4 hours)
     
  2. Financial Accounting and Reporting (FAR)
    This section covers knowledge of generally accepted accounting principles for business enterprises, not-for-profit organizations, and governmental entities, and the skills needed to apply that knowledge. (4 hours)     
     
  3. Regulation (REG)   
    This section covers knowledge of federal taxation, ethics, professional and legal responsibilities, and business law, and the skills needed to apply that knowledge. (3 hours)
     
  4. Business Environment and Concepts (BEC)
    This section covers knowledge of the general business environment and business concepts that candidates need to know in order to understand the underlying business reasons for and accounting implications of business transactions, and the skills needed to apply that knowledge. (3 hours)

Additional information about the content of the CBT is available in a document entitled
“Uniform CPA Examination Content Specifications – Effective upon the Launch of the
Computer-based Uniform CPA Examination” and may be downloaded from www.cpa-exam.org.
 

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