Conceptual framework, standard setting, financial reporting.
Here are key aspects of the profession that you will be tested on in the CPA exam:įrom the aspects mentioned above, you’ll notice that after studying this course, you will have understood both the internal and external concepts of business environments.įinancial Accounting and Reporting (FAR) – From this segment, expect questions about:
CPA STUDY MATERIAL HOW TO
How to follow internationally set regulations when dealing with clients from various parts of the world.How to follow due and legal processes during auditing.Other points covered by the AUD includes: Your knowledge of handling professional assignments required of a certified public accountant in the real world should increase after studying this course. You will be tested on auditing, which is the main focus of this course. It is unarguably an important section you’ll meet in the CPA exam, as attested to by many financial experts already in the industry. Financial Accounting and Reporting (FAR)Īuditing and Attestation (AUD)- The first segment deals with concepts that relate to the ethics and general regulations of the profession, the duties and expectations, risk assessment, gathering evidence, compiling reports, and developing a commensurate response.Here are the 4 segments or subjects that each covers:
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