Financial Accounting and Reporting (FAR)

Tests your knowledge and skills relating to generally accepted accounting principles for business enterprises, not-for-profit organizations, and government entities.

Financial Accounting and Reporting covers the following five topics:

1. Concepts and standards for financial statements
2. Typical items in financial statements
3. Specific types of transactions and events
4. Accounting and reporting for governmental entities
5. Accounting and reporting for nongovernmental and not-for-profit organizations

Three testlets and two simulations comprise the FAR exam, with multiple-choice testlets accounting for 70% and simulations 30% of the score. The 30% simulation portion is further divided into 10% for written communication and 20% for all other parts of the simulation.

Kaplan Schweser's Online Review Course is designed to develop your confidence and abilities, and fully prepare you for success on the FAR section of the CPA Exam.

Resources

• Navigate the CPA Exam
• What's New for the 2008 CPA Exam Review

	Online Review Courses

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