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Uniform CPA Examination Content Structure and Delivery

Uniform CPA Examination Content Structure and Delivery

Uniform CPA Examination Content Structure and Delivery : 

The Uniform CPA Examination consists of four sections:

  • Auditing and Attestation (AUD)
  • Business Environment and Concepts (BEC)
  • Financial Accounting and Reporting (FAR)
  • Regulation (REG)

Uniform CPA Examination Content Structure and Delivery

Uniform CPA Examination Content Structure and Delivery : 

The main content areas covered in each section are:

Auditing and Attestation (AUD)

  1. Ethics, Professional Responsibilities and General Principles
  2. Assessing Risk and Developing a Planned Response
  3. Performing Further Procedures and Obtaining Evidence
  4. Forming Conclusions and Reporting

Business Environment and Concepts (BEC)

  1. Corporate Governance
  2. Economic Concepts and Analysis
  3. Financial management
  4. Information technology
  5. Operations Management

Financial Accounting and Reporting (FAR)

  1. Conceptual Framework, Standard-Setting and Financial Reporting
  2. Select Financial Statement Accounts
  3. Select Transactions
  4. State and Local Governments

 Regulation (REG)

  1. Ethics, Professional Responsibilities and Federal Tax Procedures
  2. Business Law
  3. Federal Taxation of Property Transactions
  4. Federal Taxation of Individuals
  5. Federal Taxation of Entities

Uniform CPA Examination Content Structure and Delivery

Uniform CPA Examination Content Structure and Delivery :  Uniform CPA Examination Structure The Uniform CPA Examination (Examination) comprises four sections:

Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR) and Regulation (REG). Candidates have a maximum of four and a half hours to complete the Examination:

• 5 minutes – Welcome/Launch Code screen

• 5 minutes – Confidentiality/Section Information screen

• 4 hours – Testing time

• 15 minutes – Standardized break

• 5 minutes – Survey 1

Uniform CPA Examination Structure – Effective April 1, 2017 Testing within the four sections of the Examination is administered in five smaller segments called testlets, which feature multiple-choice questions (MCQs) and task-based simulations (TBSs), and in the case of BEC, three written communication tasks. The number of MCQs and TBSs tested varies depending upon the specific section taken (see pg. 2 Examination Structure by Section). Candidates will receive at least one research question (researchoriented TBS) in the AUD, FAR and REG sections that requires the candidate to search the applicable authoritative literature and find an appropriate reference.

Uniform CPA Examination Content Structure and Delivery

Uniform CPA Examination Content Structure and Delivery : Breaks

During each Examination section, candidates will be offered a standardized, 15-minute break after the first TBS testlet; the approximate midpoint (two hours). The decision to place the standardized break after the first TBS testlet is based on the typical time spent by candidates completing the requisite number of MCQs and TBSs. Candidates may use this as a guide to assess their time remaining to complete the Examination, however candidates need to be aware that the actual time spent on the testlets is impacted by the degree of difficulty of the items and candidate preparedness. If the candidate chooses to accept the standardized break, he/she must click the “Take a Break” button to pause the Examination timer. Failure to do so will result in the timer continuing to run. The candidate may choose to decline the standardized break and continue testing, but the standardized break will not be offered again. During the standardized break, a candidate leaves the testing room, adhering to all security protocols. The candidate will be readmitted to the testing room once cleared by Prometric personnel. If the candidate has not returned and started the second TBS testlet prior to the expiration of 15 minutes, the Examination timer will restart. Similar to the current Examination, candidates may choose to take an optional break between any two testlets, but it will count against total testing time as the Examination timer continues to run.

Uniform CPA Examination Content Structure and Delivery

Uniform CPA Examination Content Structure and Delivery : The Uniform Certified Public Accountant (CPA) Examination is the examination that an individual must pass in order to qualify for licensure as a Certified Public Accountant (CPA) in any of the 55 U.S. jurisdictions (the 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, and the Commonwealth of Northern Mariana Islands).

CPAs are the only licensed accounting professionals. CPA licenses are issued by state boards of accountancy in the 55 jurisdictions – there is no national CPA licensure process in the U.S.

The purpose of the Uniform CPA Examination is to provide reasonable assurance to Boards of Accountancy (the state entities that have statutory authority to issue licenses) that those who pass the CPA Examination possess the level of technical knowledge and the skills necessary for initial licensure in protection of the public interest. Public interest is protected when only qualified individuals are admitted into the profession.

Uniform CPA Examination Content Structure and Delivery

Uniform CPA Examination Content Structure and Delivery :  To sit for the CPA Exam a candidate must meet the following requirements:

Be 18 years old; of good moral character; a graduate of an accredited college or university with a bachelor or master’s degree that includes a concentration in accounting; and all candidates must have a Social Security number.
Each applicant must provide the Board with an official transcript that clearly indicates the applicant has earned a baccalaureate or master’s degree with a concentration in accounting, and the date the degree was conferred (electronic transcripts not accepted). A concentration in accounting means a minimum of 39 semester hours in business-related subjects, of which at least 27 semester hours consists of accounting courses.
Accounting course means the subject matter contained in the course description or catalog issued by a college or university includes auditing, tax, accounting standards, principles, or processes.  Business-related subjects means courses that contain in the course prefix or title an indication that the course subject matter is one of the following: business, finance, marketing, management, economics, computers, statistics, or accounting.

Uniform CPA Examination Content Structure and Delivery

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