PDF Version DemoHow much Financial Accounting and Reporting (FAR) Exam Cost
The total cost of the CPA exam is around USD 800 that includes four sections. For this particular Financial Accounting and Reporting (FAR) Exam, the cost is estimated to be USD 200. Hover on to the official website of AICPA and choose your state for more pricing information. Candidates will face other costs like buying the FAR exam dumps pdf and then practicing for the exam via the FAR practice exams.
What is the duration, language, and format of the Financial Accounting and Reporting (FAR) Exam
- Duration of Exam: 4 hours
- Format: Multiple choice, Task-based simulations, research prompts
- Passing score: 75
- Language of Exam: English
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AICPA FAR Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Financial Reporting | 30-40% | - Preparation and presentation of financial statements, disclosures, and ratios - General purpose financial reporting for for-profit and non-profit entities - Foundational concepts related to accounting requirements for governmental entities |
| Topic 2: Select Transactions | 25-35% | - Leases and other significant transactions - Revenue recognition and transaction accounting - Accounting changes and error corrections |
| Topic 3: 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 |
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