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A single part of this exam costs around USD 200, and all four portions cost about USD 800, depending on the state.
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CPA FR Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Select Transactions | 25-35% | - Income taxes and other transaction types - Revenue recognition - Leases and financing transactions |
| Topic 2: Financial Reporting | 30-40% | - Conceptual framework and standard-setting - Reporting for for-profit, not-for-profit, and governmental entities - Preparation and presentation of financial statements - Disclosures and reporting requirements (e.g., segment, interim reporting) |
| Topic 3: Select Balance Sheet Accounts | 30-40% | - Inventory and property, plant, and equipment - Investments and intangible assets - Liabilities and equity accounts - Cash and receivables |






