CPA Regulation SAMPLE QUESTIONS

CPA Regulation SAMPLE QUESTIONS : CPA Course Syllabus

CPA exam syllabus is broken down into 4 sections. Each of these sections have their own syllabus and exam which you need to be proficient in. The 4 sections of the CPA exam are as follows:

1. Auditing and Attestation (AUD),
2. Financial Accounting and Reporting (FAR)
3. Regulation (REG),
4. Business Environment Concepts (BEC)

Regulation (REG)

Regulation (REG) is the combination of federal taxation and business law. This section comprises of basic understanding of business ethics. Most of the portion will seem like content straight out of business law books.

Regulation covers:

• Tax concepts related to personal, partnership and corporate.
• Capability to understand legal responsibilities
• Tax implication and its various uses in business entities.
• Various tax issues and its consequences, wherein they will have to make alternative treatment and its application in real life scenarios.

The broad areas of CPA REG syllabus and their weightage is as follows:

Preparation Books, Study Guides and Practice Exams

The AICPA has a free CPA Examination Tutorial and Sample Tests and also maintains a a page for Exam Prep Course Reviews with reviews written by people who have taken the courses. However, the AICPA doesn’t recommend or endorse any particular review courses or other study materials.

Here are a few sources that offer a range of paid materials to study for the CPA exam:

1. Becker CPA Exam Review
2. Bisk CPA Review
3. Black CPA Review
4. Gleim Accounting
5. HOCK CPA Study Materials
6. Kaplan CPA Review
7. Lambers CPA Review
8. Roger CPA Review
9. Wiley CPAexcel Exam Review
10. Yaeger CPA Review

Sample Tests

The sample tests provide candidates with a preview of the CPA Examination experience. It is a functional replica of the CPA Examination, and provides candidates with an opportunity to become familiar with the Examination’s format, in an interactive environment. Candidates are advised to familiarize themselves with the Examination functionality demonstrated in the tutorial before they review the sample tests.

The sample test software allows candidates to answer test questions that represent all of the question types found on the CPA Examination: multiple choice (MCQ), written communication (WC) and task-based simulation (TBS). The sample tests do provide answers to sample questions but are not intended for use as study materials in preparation for the Examination.              The sample test papers for Business Environment Concepts are available here for 2016-17. You can download the other subjects sample test papers also, scroll down to download test papers.

Sample Test Papers:

For other Question Papers refer the following links:

CPA Question Papers  : 

CPA Free Study Materials: Download and study all the free materials available here:

CPA Free Study Material-  

CPA Regulation SAMPLE QUESTIONS

International candidates are eligible to qualify as U.S. Certified Public Accountants (CPAs) as long as they meet Board of Accountancy eligibility requirements in one of 54 U.S jurisdictions – the 50 states, District of Columbia, Puerto Rico, the U.S. Virgin Islands and Guam. (The 55th jurisdiction, the Commonwealth of Northern Mariana Islands, is not yet ready to accept CPA applicants).

Candidates must be able to take the CPA Examination in English. (It is not available in any other language).

Qualifying through a board of accountancy is the ONLY route to the U.S. CPA license. There is NO central professional body in the U.S. through which candidates may qualify as CPAs.

In order to appear for the Certified Public Accountant Examination, the candidates must have any of the below qualification

• Member of the Institute of Chartered Accountants of India.
• Member of the Institute of Cost and Works Accountants in India.
• Member of the Company Secretaries in India.
• Master of Commerce
• MBAs

In order to become a CPA in the United States, the candidate must sit for and pass the Uniform Certified Public Accountant Examination (Uniform CPA Exam), which is set by the American Institute of Certified Public Accountants (AICPA) and administered by the National Association of State Boards of Accountancy (NASBA).

A Certified Public Accountant (CPA) is the highest standard of competence in the field of Accountancy across the globe. The exam is administered by the American Institute of Certified Public Accountants (AICPA), which is the world’s largest accounting body. If you ever consider a career in accounting and want an illustrious career, CPA is the best option for you. CPAs are globally recognized as premier accountants, and are hired across industries throughout the world.
CPA Regulation SAMPLE QUESTIONS

CPA Regulation SAMPLE QUESTIONS

CPA Course Benefits

The CPA course is considered as the ultimate qualification that has unlimited possibilities to show your potential in the accounting field. Listed below are the detailed benefits of CPA course.

• International Recognition: Excellent opportunity for CA, ICWA, CS, LLB, MBA (Finance), M.com and Commerce Graduates who aspire for an International Certification. The exam is administered by the AICPA, which is the world’s largest accounting body.
• Careers Opportunities: After passing the CPA exam candidates start their career with accounting & Auditing Firms, Research firms, Investments banks, Hedge Funds, Private equity firms, Commercial banks, Mutual funds, Merger & Acquisition etc.
• Flexibility & Ease: It’s a Single Level Online exam with just 4 Papers; one can easily clear the exams in less than a year.
• Must do for CA, M.Com and Commerce Graduates:There are very few International certifications that you can give along with our job and get such high job potential.
• Academic Excellence: A CPA qualification is similar to the Indian CA qualification. In addition to the CA qualification, a CPA will have knowledge of US GAAP, GAAS and US federal taxation and business laws. This gives great advantage to a CPA when working with US Based Financial firms or Indian firms working for US clients.

CPA Regulation SAMPLE QUESTIONS

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