CPA Exam Study Guide

Prior to applying for the CPA license, you must first pass the CPA exam developed by the American Institute of Certified Public Accountants (AICPA). The CPA exam is a four-part computerized exam that includes the following topics: (1) Auditing and Attestation (AUD), (2) Business Environment and Concepts (BEC), (3) Regulation (REG), and (4) Financial Accounting and Reporting (FAR). The AUD section covers knowledge of generally accepted auditing standards and procedures and skills need to apply them in auditing and other attestation engagements. The BEC section assesses the knowledge of a CPA’s professional responsibility and legal implications of business transactions and how they related to accounting and auditing. The REG section evaluates

To qualify to take the CPA exam, you must meet the educational requirements of having a baccalaureate degree or higher by a degree from an accredited college or university, 24 semester units in accounting subjects and 24 semester units in business-related subjects. After passing all four test, you must meet additional educational requirements of 150 total semester units, 20 semester units of accounting study, and 10 semester units ethic study before you are qualified to apply for your CPA license. The CBA uses official transcripts as the basis for meeting the educational requirements to determine your qualifications to take the CPA exam. All documents detailing the completion of the education requirements must be sent to the CBA Examination Unit. After your education requirements have been cleared, you will be able to create a Client Account on the CBA Website. This will allow you to complete and submit your CPA Exam Application and Application Remittance Form along with your initial application fee of

When you pass the CPA Exam, you will receive and retain credit for each section passed for an 18-month period from the test date. At the end of the 18-month period, credit for passage of a section expires and the section must be retaken and passed to reestablish credit. Once you have received credit status for all four parts of the CPA exam during an 18-month period, you have passed the CPA Exam and the scores will never expire. Once you have passed all four parts of the CPA exam during the 18-month period, you will receive notification from the CBA with information in regards to applying for California CPA