What are the parts or sections of the Uniform CPA Exam?
Автор: CPA Exam Excellence
Загружено: 2019-01-30
Просмотров: 1230
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If you are planning to sit for the CPA Exam, you should know the parts or sections that you will be tested on the CPA Exam. In this video, Ala'a Abu Dayyeh, CPA explains the parts of the CPA Exam. There are four CPA exam sections, or parts, including:
1. Financial Accounting & Reporting (FAR) which includes topics like financial statements, fixed assets, inventory, leases, bonds, pensions, deferred taxes, consolidations, foreign currency translation, non-for-profit and governmental accounting.
2. Auditing & Attestation (AUD): which includes audit planning, internal control, obtaining sufficient appropriate audit evidence, substantive testing, types of audit reports, IT, compilations and reviews, audit sampling.
3.Business Environment & Concepts (BEC) which includes cost and managerial accounting, corporate governance, microeconomics, macroeconomics, financial management and present value and operations management.
4. Regulation (REG): this parts includes corporate tax, individual tax, s-corp, partnerships, estate tax, gift, exempt organizations, business law, professional responsibilities and ethics .
My advice to you is to prepare a study plan and stick to it in order to be able to study these 4 parts and be ready to sit for the CPA Exam.
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Ala'a is a Palestinian woman who dreamed to become a Certified Public Accountant (CPA) and kept going until she made her dream come true. After failing two parts of the CPA Exam twice, having wife and mom responsibilities in addition to her full-time job were strong reasons for her to quit her CPA journey. However, Ala'a managed to overcome all the obstacles and stress she had in her life to pass the CPA Exam and become a CPA. After realizing she was about to lose credits for two CPA parts, Ala'a took a brave decision to get out of her comfort zone and give the remaining exams a last try. She had to endure the pain of leaving her newborn baby to travel to sit for the exams until she finally passed the exams to become a CPA.
Today, Ala'a helps CPA candidates pass the CPA Exam by motivating, supporting and educating them.
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