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CPA Exam - FAR (Financial Accounting and Reporting)

Financial Accounting and Reporting: frameworks, statement accounts and transactions.

Start Academy · 152 lessons Take practice test Study guide Knowledge base All 200 questions Flashcards

Exam at a glance

Questions

78

Time limit

240 min

Passing

75

Practice bank

200 Qs

What the exam covers

  1. 1

    Financial Reporting

    30% · 47 lessons

  2. 2

    State and Local Governments

    30% · 42 lessons

  3. 3

    Not-for-Profit Entities

    15% · 27 lessons

  4. 4

    Select Transactions

    25% · 36 lessons

How to prepare on Step2Study

  1. 1. Learn

    Work through the Academy modules — short lessons with key facts and memory tricks.

  2. 2. Practice

    Take the numbered practice tests with instant feedback, flashcards and mental maps.

  3. 3. Simulate

    Sit a full timed simulation to check you are ready for exam day.