What Is Covered on a CPA Testing Exam?

The CPA exam is a four-part exam. The sections are auditing, business environment and concepts, financial accounting and reporting, and regulation.
  1. Auditing

    • Auditing covers standards, audit reports, quality standards, other types of engagements, internal control, audit documentation and evidence, and government auditing.

    Business Environment and Concepts

    • Business environment and concepts covers business entities, economics, financial management, information technology, and cost and managerial accounting.

    Financial Accounting and Reporting

    • Financial accounting and reporting includes sources of GAAP, financial statements, partnerships, business combination and consolidations, assets, present value, deferred taxes, governmental accounting and non-for-profit accounting.

    Regulation

    • Regulation covers business law and taxation.

    Experience

    • Many states have experience requirements in addition to passing the CPA exam.

Learnify Hub © www.0685.com All Rights Reserved