Most convenient version

The FAR guide materials from our company are compiled by a lot of excellent experts and professors in the field. In order to help all customers pass the exam in a short time, these excellent experts and professors tried their best to design the study version, which is very convenient for a lot of people who are preparing for the FAR exam. You can find all the study materials about the exam by the study version from our company. More importantly, we can assure you that if you use our FAR certification guide, you will never miss any important and newest information. We will send you an email about the important study information every day in order to help you study well. We believe that our FAR exam files will be most convenient for all people who want to take an exam.

What is the duration, language, and format of the Financial Accounting and Reporting (FAR) Exam

• Format: Multiple choice, Task-based simulations, research prompts
• Language of Exam: English
• Passing score: 75
• Duration of Exam: 4 hours

As the talent competition increases in the labor market, it has become an accepted fact that the FAR certification has become an essential part for a lot of people, especial these people who are looking for a good job, because the certification can help more and more people receive the renewed attention from the leader of many big companies. So it is very important for a lot of people to gain the AICPA certification. We must pay more attention to the certification and try our best to gain the AICPA certification. First of all, you are bound to choose the best and most suitable study materials for yourself to help you prepare for your exam. Now we would like to introduce the FAR certification guide from our company to you. We sincerely hope that our study materials will help you through problems in a short time.

DOWNLOAD DEMO

Financial Accounting and Reporting (FAR) Exam Certification Path

Generally, the more familiar you are with the FAR content, the less time you need to study, and the faster you can pass. So, how long will you need to study for FAR? Well, the best you can get is the FAR exam dumps that help you figure out what side of the study time spectrum you're probably on via a deeper investigation into FAR's content. You'll find the content areas, groups, and topics of FAR in the FAR CPA Exam blueprints.

Want to pass FAR fast? Then you'll need to study for 20 hours a week so you can finish your review in 6-8 weeks.

Can't fit that much study time into your routine? Then try studying for 15 hours a week. Doing so will prepare you in 8-11 weeks.

finally, if you can only study for 10 hours a week, you'll be ready for FAR in 12-16 weeks.

So, you can use any one of these study schedules or do anything in between. That's because of how fast you finish your FAR review depends on how much time you have to study in a week. But what's important is that you study consistently so you can stay in study mode and stick to your exam schedule.

Provide the demo for all people

Nowadays a lot of people start to attach importance to the demo of the study materials, because many people do not know whether the FAR guide materials they want to buy are useful for them or not, so providing the demo of the study materials for all people is very important for all customers. A lot of can have a good chance to learn more about the FAR certification guide that they hope to buy. Luckily, we are going to tell you a good new that the demo of the FAR study materials are easily available in our company. If you buy the study materials from our company, we are glad to offer you with the best demo of our study materials. You will have a deep understanding of the FAR exam files from our company, and then you will find that the study materials from our company will very useful and suitable for you to prepare for you FAR exam.

Topics of Financial Accounting and Reporting (FAR) Exam

The syllabus for the Financial Accounting and Reporting (FAR) part of the Certified Public Accountant (CPA) Exam can be found in the FAR exam dumps and is also listed below with detail of each area of concern and their topics:

Area 1 - Conceptual Framework, Standard-Setting and Financial Reporting (25-35%)

Objectives covered by this section:

• Consolidated financial statements (including wholly-owned subsidiaries and noncontrolling interests)
• General-purpose financial statements: for-profit business entities
• Notes to financial statements
• Statement of activities
• Going concerned
• Public company reporting topics (U.S. SEC reporting requirements, earnings per share, and segment reporting)
• Income statement/ statement of profit or loss
• Statement of financial position
• Statement of changes in equity
• General-purpose financial statements: nongovernmental, not-for-profit entities
• Discontinued operations
• Financial statements of employee benefit plans
• Statement of comprehensive income
• Balance sheet/ statement of financial position
• Special purpose frameworks
• Conceptual framework and standard-setting for business and non-business entities
• Statement of cash flows

Area 2 - Select Financial Statement Accounts (30-40%)

Objectives covered by this section:

• Financial assets at fair value
• Retirement benefits
• Inventory
• Property, plant, and equipment
• Equity
• Intangible assets - goodwill and other
• Notes and bonds payable
• Investments
• Trade receivables
• Stock compensation (share-based payments)
• Financial assets at amortized cost
• Payables and accrued liabilities
• Long-term debt (financial liabilities)
• Revenue recognition
• Debt covenant compliance
• Compensated absences
• Equity method investments
• Income taxes
• Cash and cash equivalents

Area 3 - Select Transactions (20-30%)

Objectives covered by this section:

• Fair value measurements
• Foreign currency transactions and translation
• Nonreciprocal transfers
• Business combinations
• Leases
• Software costs
• Contingencies and commitments
• Derivatives and hedge accounting (e.g. swaps, options, forwards)
• Research and development costs
• Differences between IFRS and U.S. GAAP
• Accounting changes and error corrections
• Subsequent events

Area IV - State and Local Governments (5-15%)

Objectives covered by this section:

• General and proprietary long-term liabilities
• Financial reporting entity, including blended and discrete component units
• Special items
• Notes to financial statements
• Management's discussion and analysis
• Capital assets and infrastructure assets
• Other financing sources and uses
• State and local government concepts
• Deriving government-wide financial statements and reconciliation requirements
• Budgetary accounting and encumbrances
• Expenditures and expenses
• Governmental funds financial statements
• Fund balances and components thereof
• Fiduciary funds financial statements
• Format and content of the financial section of the comprehensive annual financial report (CAFR)
• Government-wide financial statements
• Nonexchange revenue transactions
• Interfund activity, including transfers
• Typical items and specific types of transactions and events: measurement, valuation, calculation, and presentation in governmental entity financial statements
• Budgetary comparison reporting
• Net position and components thereof
• Required supplementary information (RSI) other than management's discussion and analysis
• Proprietary funds financial statement

The superiority of the software version

The software version is one of the different versions that is provided by our company, and the software version of the FAR certification guide is designed by all experts and professors who employed by our company. We can promise that the superiority of the software version is very obvious for all people. It is very possible to help all customers pass the FAR exam and get the related certification successfully. For example, the software version of the FAR guide materials can help you simulate the real examination environment, and you can know whether the time is enough for you or not by simulating the real examination environment.

AICPA FAR Exam Syllabus Topics: