CPA Financial Accounting and Reporting: FAR Exam


"CPA Financial Accounting and Reporting", also known as FAR exam, is a AICPA Certification. With the complete collection of questions and answers, PrepAwayPDF has assembled to take you through 165 Q&As to your FAR Exam preparation. In the FAR exam resources, you will cover every field and category in AICPA Certification Certification helping to ready you for your successful AICPA Certification.

  • Exam Code: FAR
  • Exam Name: CPA Financial Accounting and Reporting
  • Total Questions: 165

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The total cost of the CPA exam is around USD 800 that includes four sections. For this particular Financial Accounting and Reporting (FAR) Exam, the cost is estimated to be USD 200. Hover on to the official website of AICPA and choose your state for more pricing information. Candidates will face other costs like buying the FAR exam dumps pdf and then practicing for the exam via the FAR practice exams.

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AICPA FAR Exam Syllabus Topics:

SectionWeightObjectives
Select Balance Sheet Accounts30-40%- Investments and financial instruments
- Cash, receivables, inventory, PP&E, and intangible assets
- Liabilities, equity transactions and related accounting requirements
Select Transactions25-35%- Accounting changes and error corrections
- Leases and other significant transactions
- Revenue recognition and transaction accounting
Financial Reporting30-40%- Foundational concepts related to accounting requirements for governmental entities
- Preparation and presentation of financial statements, disclosures, and ratios
- General purpose financial reporting for for-profit and non-profit entities

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