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How to book the Certified Public Accountant (CPA) Exam

Follow the steps mentioned below to book the Certified Public Accountant (CPA) Exam:

  • Step 1: Determine your eligibility from the NASBA website by clicking here
  • Step 2: Select a jurisdiction where you want to become a licensed CPA
  • Step 3: Access the application by clicking here
  • Step 4: Complete the application, prepare from the CPA exam dumps and submit all required documents
  • Step 5: Schedule your exam by following this link

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Introduction to Certified Public Accountant (CPA) Exam

Passing all four sections of the Uniform CPA Test is one of the first steps to being a licensed CPA. The CPA Exam is a computer-based examination conducted by the AICPA, consisting of four parts evaluating the minimum knowledge and skills needed by a CPA. The new version of the exam takes 16 hours in total.

While each state/jurisdiction has its particular criteria for obtaining a CPA license, they all require the CPA Exam to be passed by an applicant, and you have 18 months to complete all four sections of the CPA Exam (the clock starts ticking after you pass the first section), so be aware of scheduling and preparing.

The exam contains the following four main parts which are further described in details in the following section:

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

See the CPA practice exams to get a know-how of how these sections are divided. The AUD section offers questions based on professional obligations, ethics, risk assessment in the production of plan responses, the performance of procedures and facts, and drawing conclusions and reporting of accounting information. The BEC chapter discusses topics related to corporate governance, economic concepts, and interpretation, financial management, IT, and operations management. The FAR section consists of questions that emphasize the conceptual structure and financial reporting, the selection of accounts of financial statements, the selection of transactions, and the application of state and local governments to accounting work. The REG section consists of topics that concentrate on ethics, federal tax practices, professional obligations, business law, federal property transaction taxation, federal individual taxation, and federal agency taxation.

For more info read reference:

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CPA AA Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Legal, Ethical and Regulatory Environment20%- Regulatory framework including Companies Act 2014
- Ethics, independence, professional skepticism and quality control
- Anti-money laundering, fraud and corporate governance
Topic 2: Accepting and Planning Audit Engagements25%- Pre-conditions, client acceptance and engagement terms
- Understanding entity and internal control systems
- Risk assessment, materiality and audit strategy
Topic 3: Performing Audit Procedures and Gathering Evidence30%- Audit evidence, sampling and documentation
- CIS auditing and computer-assisted audit techniques
- Tests of controls and substantive procedures
Topic 4: Assurance and Related Services5%- Other assurance engagements and non-audit services
Topic 5: Review, Completion and Reporting20%- Going concern, subsequent events and written representations
- Evaluation of misstatements and review of work
- Audit reports, modifications and other communications

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