AICPA Certified Public Accountant CPA Regulation : CPA-Regulation

  • Exam Code: CPA-Regulation
  • Exam Name: Certified Public Accountant CPA Regulation
  • Updated: Jul 20, 2026
  • Q & A: 70 Questions and Answers

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What is the duration, language, and format of CPA Regulation Exam

  • Length of Examination: 4 hours.
  • Scoring weight: 50% MCQ's , 50% TBSs
  • Number of Questions: 84 Questions ( comprises of 76 MCQs, 8 Task Based Simulations)
  • Passing Score: 75 on scale of (0-99)
  • Type of Questions: This test format is multiple-choice questions (MCQs) , task-based simulations (TBSs)
  • Format of exam : Computer based exam .
  • Language: English

Introduction to CPA Regulation Exam

Certified Public Accountant consists of four-part, 16-hour CPA Exam is a masters-level professional certification. Candidates are supposed to pass all four-part assessment with in time frame of 18 months in order to qualify for a CPA license.

The four parts are

  • Business Environment and Concepts (BEC)
  • Financial Accounting and Reporting (FAR)
  • Regulation (REG)
  • Auditing and Attestation (AUD)

This exam is designed to test the minimum knowledge and skills required of a CPA. The Exam is managed by three main partners:

  • Pro metric is the company that delivers the Exam at its authorized test centers.
  • The National Association of State Boards of Accountancy (NASBA) manages the National Candidate Database
  • The Exam is provided on behalf of Boards of Accountancy, which issue CPA licenses.
  • The AICPA develops, maintains, and scores the Exam.

Before taking this exam, candidates should have a solid knowledge of the topics outlined in this preparation guide.

The Certified Business Manager (CPA) is a global, competency-based credential that is designed to validate the skills and knowledge of accountancy candidate who can operates at a global market.

After passing this exam, candidates get a certificate from AICPA that helps them to demonstrate their proficiency in managing Business to their clients and employers.

Reference: http://www.aicpa.org/BecomeACPA/CPAExam/ForCandidates/FAQ/Pages/computer_faqs_2.aspx

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How to Prepare For CPA Regulation Exam

Preparation Guide for CPA Regulation Exam

Introduction

The AICPA is committed to providing students and Certified Public Accountant, CPA Regulation candidates with the information and tools to guide them to successful entry into the accounting profession.

AICPA vision is to establish a standardized process to deliver in a cost-effective and time-efficient manner a superior quality higher education in accounts across the globe with the CPA Regulation Certifications.

AICPA's goal or objective is to ensure that a business manager who earns the CPA or CABM credential today will be knowledge-competent and ethical for throughout his/her career and that he/she will then broaden these core knowledge proficiencies and ethical values to tomorrow when he/she becomes a business executive (e.g., CEO) or a corporate director. To this end, AICPA represents a single and collective voice for the entire business management profession, which symbolizes self-regulation by the profession.

Certification is evidence of your skills, expertise in those areas in which you like to work. If candidate wants to work in Public Accountant and prove his knowledge, Certification offered by AICPA. This CPA Regulation Exam Certification helps a candidate to validates his skills in Public Accountant.

In this guide, we will cover the CPA Certification exam, CPA Certified professional salary and all aspects of the CPA Certification.

AICPA CPA-Regulation Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Business Law15-25%- Employment and federal business regulations
- Uniform Commercial Code (UCC) articles
- Business structure legal characteristics
- Debtor-creditor relationships and bankruptcy
- Agency relationships and authority
- Contract formation and performance
Topic 2: Federal Taxation of Individuals22-32%- Filing status and dependency rules
- Adjustments, deductions, and exemptions
- Tax credits and alternative minimum tax
- Loss limitations and carryovers
- Gross income inclusions and exclusions
Topic 3: Ethics, Professional Responsibilities, and Federal Tax Procedures10-20%- Privileged communications and disclosure rules
- Federal tax audit and appeal procedures
- Tax preparer penalties and due diligence
- Treasury Department Circular 230
- Ethics and responsibilities in tax practice
Topic 4: Federal Taxation of Entities23-33%- Gift, estate, and trust taxation
- Partnerships and LLCs
- Tax-exempt organizations
- Book-tax differences
- C corporations and S corporations
Topic 5: Federal Taxation of Property Transactions12-22%- Capital vs ordinary asset classification
- Like-kind exchanges and involuntary conversions
- Cost recovery: depreciation, amortization, depletion
- Recognition of gains and losses
- Asset basis and holding periods

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