The regulation (REG) test covers 3 broad areas of the CPA exam. You’ll see test questions on business law, ethics and taxation. The test includes 72 multiple-choice questions and 6 simulation questions. The candidate has four hours to complete the test. Use these tips to understand the test topics and improve your test score. […]
Author Archive | Ken
Ken Boyd, a former CPA, is the author of 4 Dummies books on Accounting, including Cost Accounting for Dummies. He blogs and produces video content at http://www.accountingaccidentally.com.
The auditing and attestation (AUD) test covers topics related to auditing financial statements. CPAs perform other work that is similar to an audit, such as reviews and compilations. Those concepts are also tested. The AUD Exam Format will consist of 90 multiple-choice questions and 7 simulations. Audits and other engagements An engagement refers to […]
The Business Environment and Concepts (BEC) test includes a broad range of general business topics. These are topics that students cover in a business school program of study. Your BEC exam format will include 72 multiple-choice questions and 3 written communication, or essay questions. Currently, this is the only test on the CPA exam that […]
A Certified Public Accountant (CPA) designation is different that the Certified Financial Analyst (CFA) credential. Many accountants, however, get both of these licenses during their careers. A CPA focuses on accounting transactions and generating financial statements. If you work as a CFA, you spend your time on financial analysis. To help you decide between pursuing […]
You can think of earning your CPA license as a two-step process. One component is studying and passing the exam. You also must meet the requirements of your State Board of Accountancy. While passing the exams can seem like the bigger hurdle, meeting the eligibility requirements of your state can actually take much longer. The […]