2023 CPA Financial Accounting & Reporting (FAR) Prep Test
Pass your CPA Financial Accounting & Reporting (FAR) Exam With Confidence.
Description
Why CPA ?
Certified Public Accountant (CPA) The CPA designation distinguishes licensed accounting professionals committed to protecting the public interest. These professionals offer financial statement audits and other attestation services to help inform investors about the financial health of organisations.
Earning a CPA license demonstrates a commitment to the profession and often highlights potential candidates for leadership and management positions. A CPA license is also necessary for those who desire higher levels of authority and responsibility.
Exam Item Types:
Multiple-choice questions (MCQ)
The multiple-choice portions are presented in the first two testlets of each Exam section.
Task-based simulations(TBS)
Task-based simulations are condensed case studies that test accounting knowledge and skills using real life, work-related situations. All task-based simulations are intended to assess knowledge and skills that are appropriate for an entry-level accountant. There are three TBS testlets in the AUD, FAR and REG sections, and two TBS testlets in the BEC section.
Written communication tasks
Written communication tasks appear only in the BEC section of the CPA Exam. For each of three written communication tasks, you must read a scenario and then write a suitable document relating to the scenario. The instructions state what form the document should take (such as a memo or letter) and its focus. Your response should provide the correct information in writing that is clear, complete, and professional.
What You Will Learn!
- CPA USA -FAR 2023 Syllabus in Depth Coverage
- Conceptual Framework, Standard-Setting and Financial Reporting (25-35%)
- Select Financial Statement Accounts (30-40%)
- Select Transactions (20-30%)
- State and Local Governments (5-15%)
Who Should Attend!
- CPA USA -FAR Candidates