2016 CPA Exam Format

Learn More About the CPA Exam Review Format


If you’re planning to take the Uniform CPA Examination in 2016, there is no better way to prepare for the CPA exam than with the ExamMatrix CPA Exam Review.

As of January 2014, the Uniform CPA Examination features the new (clarified) auditing standards (AUs) as well as updates to tax law, bankruptcy law, and other areas.

Following are the Content Specification Outlines for each part, along with the percentage of total test questions associated with each area:

Auditing and Attestation (AUD)

  1. Engagement Acceptance and Understanding the Assignment (12%-16%)
  2. Understanding the Entity and Its Environment (Including Internal Control) (16%-20%)
  3. Performing Audit Procedures and Evaluating Evidence (16%-20%)
  4. Evaluating Audit Findings, Communications, and Reporting (16%-20%)
  5. Accounting and Review Services Engagements (12%-16%)
  6. Professional Responsibilities (16%-20%)

Financial Accounting and Reporting (FAR)

  1. Conceptual Framework, Standards, Standard Setting, and Presentation of Financial Statements (17%-23%)
  2. Financial Statement Accounts: Recognition, Measurement, Valuation, Calculation, Presentation, and Disclosures (27%-33%)
  3. Specific Transactions, Events, and Disclosures: Recognition, Measurement, Valuation, Calculation, Presentation, and Disclosures (27%-33%)
  4. Governmental Accounting and Reporting (8%-12%)
  5. Not-for-Profit (Nongovernmental) Accounting and Reporting (8%-12%)

Regulation (REG)

  1. Ethics, Professional, and Legal Responsibilities (15%-19%)
  2. Business Law (17%-21%)
  3. Federal Tax Process, Procedures, Accounting, and Planning (11%-15%)
  4. Federal Taxation of Property Transactions (12%-16%)
  5. Federal Taxation of Individuals (13%-19%)
  6. Federal Taxation of Entities (18%-24%)

Business Environment and Concepts (BEC)

  1. Corporate Governance (16%-20%)
  2. Economic Concepts and Analysis (16%-20%)
  3. Financial Management (19%-23%)
  4. Information Systems and Communications (15%-19%)
  5. Strategic Planning (10%-14%)
  6. Operations Management (12%-16%)

For complete, detailed information regarding the application process, scheduling, testing centers, prohibited items, the grading process, content, etc. please review the Uniform CPA Examination’s Candidate Bulletin.

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