CPA Exam

What is CPA Exam?

CPA stands for Certified Public Accountant. This is a legal title of qualified accountants in the United States who have passed the Uniform Certified Public Accountant Examination and have also qualified the additional state education and experience requirements for certification as a CPA.

The Uniform CPA exam is a computer-based exam given at Prometric testing centers all over America. The CPA exam consists of four different sections such as Auditing and Attestation, Financial Accounting and Reporting, Regulation, and Business Environment Concepts. These exams are not necessarily taken at once. You can appear for the exams in whatever order that suits you. But the exams must be scheduled 45 days in advance.


Testing is Available

January and February
April and May
July and August
October and November

Testing is NOT Available



Application fee: $ 132.00

Examination fees:

Auditing and Attestation (AUD) $ 192.03
Business Environment and Concepts (BEC) $ 172.51
Financial Accounting and Reporting (FAR) $ 192.03
Regulation (REG) $ 172.51

Registration fees:

4 exam sections $124.00
3 exam sections (any combination) $108.00
2 exam sections (any combination) $92.00
1 exam section $71.00


The CPA exam consists of four parts:

  1. Auditing and Attestation
  2. Financial Accounting & Reporting (business enterprises, not-for-profit organizations, and governmental entities)
  3. Regulation (professional responsibilities, business law, and taxation)
  4. Business Environment & Concepts

Auditing paper, Financial Accounting & Reporting paper, and Regulation paper comprises of 60% multiple choice questions and 40% stimulations. The Business Environment paper is made up of 85% multiple choice questions, and 15% for three written essay questions.

Eligibility for CPA Exam

While completing your required coursework of bachelor's degree and an extra 30 semester hours, completing of 36 semester hours in accounting and tax courses is a must for a CPA candidate. You can also ask for a list of CPA approved courses such as Corporate Tax, Accounting 101, Accounting Theory and Auditing from your University that fall into this category. 39 semester hours will have to be completed in general business classes besides a tax course. While a bachelor's degree is a must, a major in any specification is not required.

Preparation for CPA EXAM

To prepare for the CPA exam, a student must keep himself updated with all the materials of his subject matter. The student or the applicant must have a fair idea of what kind of questions will be asked, and what are the tools and techniques required to navigate through the exam. However, special attention must be paid to the CPA Examination Tutorial and Sample Tests.

A CPA candidate has to familiarize himself with the examination's functionality, format, and directions before reporting to the test center. If the candidate fails to follow the directions provided in the tutorial and the sample tests, including the directions how to perform, that may adversely affect his scores.

Ranking for CPA EXAM

The ranking or the scoring of CPA exam depends entirely on how the candidate performs in each section of the exam individually. To become a Certified Public Accountant, a candidate must qualify all the four parts of the Uniform CPA Examination. However, American Institute of Certified Public Accountants (AICPA) prepares the exam and also grades it.

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