Regulation (REG)
Tests your knowledge and skills relating to federal taxation, ethics, professional and legal responsibilities, and business law.
Regulation covers the following six topics:
- Ethics and professional responsibility
- Business law
- Federal tax procedures and accounting issues
- Federal taxation of property transactions
- Federal taxation – individuals
- Federal taxation – entities
Three testlets and two simulations comprise the REG 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 REG section of the CPA Exam.
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July 2008
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