CPA Financial Accounting and Reporting: FAR Exam
"CPA Financial Accounting and Reporting", also known as FAR exam, is a AICPA Certification. With the complete collection of questions and answers, PrepPDF has assembled to take you through 165 Q&As to your FAR Exam preparation. In the FAR exam resources, you will cover every field and category in AICPA Certification Certification helping to ready you for your successful AICPA Certification.
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- Exam Code: FAR
- Exam Name: CPA Financial Accounting and Reporting
- Certification Provider: AICPA
- Corresponding Certification: AICPA Certification
- Updated: Sep 11, 2026
- No. of Questions: 165 Questions & Answers with Testing Engine
- Download Limit: Unlimited
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How to book the Financial Accounting and Reporting (FAR) Exam
Follow the steps mentioned below to book the Financial Accounting and Reporting FAR exam test:
- 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 and submit all required documents
- Step 5: Schedule your exam by following this link
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AICPA FAR Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Financial Reporting | 30-40% | - Foundational concepts related to accounting requirements for governmental entities - General purpose financial reporting for for-profit and non-profit entities - Preparation and presentation of financial statements, disclosures, and ratios |
| Select Balance Sheet Accounts | 30-40% | - Cash, receivables, inventory, PP&E, and intangible assets - Investments and financial instruments - Liabilities, equity transactions and related accounting requirements |
| Select Transactions | 25-35% | - Revenue recognition and transaction accounting - Leases and other significant transactions - Accounting changes and error corrections |
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