Introduction to CPA Regulation Exam
Certified Public Accountant consists of four-part, 16-hour CPA Exam is a masters-level professional certification. Candidates are supposed to pass all four-part assessment with in time frame of 18 months in order to qualify for a CPA license.
The four parts are
- Regulation (REG)
- Business Environment and Concepts (BEC)
- Financial Accounting and Reporting (FAR)
- Auditing and Attestation (AUD)
This exam is designed to test the minimum knowledge and skills required of a CPA. The Exam is managed by three main partners:
- The Exam is provided on behalf of Boards of Accountancy, which issue CPA licenses.
- Pro metric is the company that delivers the Exam at its authorized test centers.
- The AICPA develops, maintains, and scores the Exam.
- The National Association of State Boards of Accountancy (NASBA) manages the National Candidate Database
Before taking this exam, candidates should have a solid knowledge of the topics outlined in this preparation guide.
The Certified Business Manager (CPA) is a global, competency-based credential that is designed to validate the skills and knowledge of accountancy candidate who can operates at a global market.
After passing this exam, candidates get a certificate from AICPA that helps them to demonstrate their proficiency in managing Business to their clients and employers.
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What is the duration, language, and format of CPA Regulation Exam
- Length of Examination: 4 hours.
- Type of Questions: This test format is multiple-choice questions (MCQs) , task-based simulations (TBSs)
- Language: English
- Passing Score: 75 on scale of (0-99)
- Number of Questions: 84 Questions ( comprises of 76 MCQs, 8 Task Based Simulations)
- Scoring weight: 50% MCQ's , 50% TBSs
- Format of exam : Computer based exam .
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Difficulty in Writing CPA Regulation Exam
CPA Regulation is a privileged achievement one could be graced with. A sharp dip is observed in 2011 of CPA Regulation pass rates.Otherwise pass rates for REG have been relatively stable. REG is consistently the section with the second or third highest pass rate (competing with AUD). FAR had the lowest pass rate in 2018 at 46%, and BEC had the highest at 59%. The exact pass rates shift a bit from year to year, but the CPA Regulation Exam sections' relative difficulty historically has followed that dynamic for the past several years. If the candidates have proper preparation material to pass the CPA Regulation exam with good grades. Questions answers and clarifications which are designed in form of Prep4pass exam dumps make sure to cover entire course content. Prep4pass have a brilliant CPA Regulation exam dumps with most recent and important questions and answers in PDF files. Prep4pass is sure about the exactness and legitimacy of CPA Regulation exam dumps and in this manner. Candidates can easily pass the CPA Regulation exam with genuine CPA Regulation exam dumps and get certification. These exam dumps are viewed as the best source to understand the CPA Regulation well by simply pursuing examples questions and answers. If candidate complete practice the exam with certification CPA Regulation exam dumps along with self-assessment to get the proper idea on CPA Regulation and to ace the certification exam.
reference :Gleim website
Reference: http://www.aicpa.org/BecomeACPA/CPAExam/ForCandidates/FAQ/Pages/computer_faqs_2.aspx
AICPA CPA-Regulation Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Ethics, Professional Responsibilities and Federal Tax Procedures | 10-20% | - Legal Duties and Responsibilities - Ethics and Professional Responsibilities - Federal Tax Procedures |
| Federal Taxation of Individuals | 22-32% | - Property Transactions - Gross Income - Deductions - Tax Credits - Individual Tax Computation |
| Federal Taxation of Entities | 23-33% | - Limited Liability Companies - Partnerships - S Corporations - C Corporations - Entity Tax Compliance - Trusts and Estates |
| Business Law | 15-25% | - Agency - Contracts - Business Structure - Federal Securities Regulation - Debtor-Creditor Relationships |
| Federal Taxation of Property Transactions | 5-15% | - Property Tax Basis and Cost Recovery - Gains and Losses - Like-Kind Exchanges and Involuntary Conversions |





