The AUD (Attestation and Auditing) section of the CPA exam focuses on the examination of an entity’s financial statements, compliance, and processes. This section evaluates the candidates’ understanding of proper auditing procedures, gathering evidence, fundamental principles, and internal controls. Many candidates feel the AUD CPA exam is closely related to FAR because there is some
Setting up a CPA exam study plan that fits into your work schedule and life is probably the most important thing you can do during your Certified Public Accountant journey. The reason most people end up failing the exam isn’t that they are stupid; it’s because they didn’t have a CPA exam study schedule that held them accountable
Both of these companies have helped millions of students pass their CPA exams, so they’re both clearly great choices for any CPA candidates. However, they also have two very different instructional styles— each with their respective benefits and drawbacks.
There are four CPA exam sections, or parts, including: Auditing & Attestation (AUD) Financial Accounting & Reporting (FAR) Regulation (REG) Business Environment & Concepts (BEC) Essentially, each part of the Uniform examination is a 4-hour test covering a different subset of topics and concepts. Hence, in order to become a CPA, you must pass all
The BEC CPA exam section stands for Business Environment and Concepts. Out of the four sections that comprise the Certified Public Accountant certification exam, it’s the one that evaluates a candidates’ comprehension of responsibility and professional duty. Hence, understanding management, principle economic concepts, corporate governance, and Informational Technology (IT) is crucial to mastery. It examines
CPA exam task-based simulations (TBS) make up the last testlet on each of the four CPA exam sections: FAR, REG, AUD, and BEC. The AICPA designs these to test candidates’ higher learning and processing abilities by combining several functions, and areas of study, and applications into each simulation. If you are like most candidates, the
We’re here to make your life easier when it comes to the entire CPA exam process. Whether you need help with locating free CPA study material, want to locate the best CPA online courses, or even just have questions about the exam content & sections, we can help.
CPA exam requirements are set by individual state boards and thus vary by state jurisdiction. Although every state board of accountancy has slightly different requirements to sit for the CPA examination, most states have the same core set of qualifications that candidates must meet in order to be eligible. Let’s take a look at what
The FAR (Financing Accounting and Reporting) section of the CPA exam covers topics like GAAP, financial statements, financial transactions, and reporting for non-profits. Many candidates consider the CPA FAR exam to be the most challenging of the four because of its length and scope of information covered on the test. The FAR CPA exam is
The AICPA ethics exam is required by most state boards after passing the CPA exam in order to become certified and obtain a CPA license. The CPA ethics exam is a take-home test that comes with a textbook and is taken online. I’m sure that last thing you want to hear after you pass the
