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- Total Questions: 70
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How to book the CPA Regulation Exam
These are following steps for registering the CPA Regulation-Exam.
You can take the Exam (and qualify as a CPA Regulation) only if you meet the requirements of a Board of Accountancy in one of the 55 U.S. jurisdictions.
- Step 1: You must first decide on the jurisdiction to which you will apply.
- Step 2: After selecting your jurisdiction, you can obtain application materials and submit your completed applications as directed.
Reference: http://www.aicpa.org/BecomeACPA/CPAExam/ForCandidates/FAQ/Pages/computer_faqs_2.aspx
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How much CPA Regulation Exam Cost
Exam fees depend upon the jurisdiction where you choose to become licensed. You can find details by referring to your specific Board of Accountancy.
What is the duration, language, and format of CPA Regulation Exam
- Format of exam : Computer based exam .
- Language: English
- Passing Score: 75 on scale of (0-99)
- Length of Examination: 4 hours.
- Type of Questions: This test format is multiple-choice questions (MCQs) , task-based simulations (TBSs)
- Scoring weight: 50% MCQ's , 50% TBSs
- Number of Questions: 84 Questions ( comprises of 76 MCQs, 8 Task Based Simulations)
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AICPA CPA-Regulation Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Business Law | 15-25% | - Debtor-Creditor Relationships - Business Structure - Contracts - Federal Securities Regulation - Agency |
| Federal Taxation of Property Transactions | 5-15% | - Like-Kind Exchanges and Involuntary Conversions - Gains and Losses - Property Tax Basis and Cost Recovery |
| Federal Taxation of Individuals | 22-32% | - Gross Income - Deductions - Individual Tax Computation - Tax Credits - Property Transactions |
| Ethics, Professional Responsibilities and Federal Tax Procedures | 10-20% | - Ethics and Professional Responsibilities - Legal Duties and Responsibilities - Federal Tax Procedures |
| Federal Taxation of Entities | 23-33% | - Trusts and Estates - Partnerships - S Corporations - C Corporations - Limited Liability Companies - Entity Tax Compliance |
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