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REG Section Blueprint (effective July 1, 2019) CPA Exam Study Materials - aicpa
Who should take the CPA Regulation Exam
The Regulation (REG) section of the CPA Exam tests a CPA candidate's knowledge and skill level on federal taxation, business law, business ethics and professional and legal responsibilities. In order to take an CPA Exam, anyone who is interested in making their career in business management then they can go ahead and appear to all the 4 segments of this exam.
All the candidates appearing exam must have security number.
CPA exam is excellent opportunity for all below professionals to validate their skills in accountancy. As this exam is administered by the AICPA, which is the world's largest accounting body.
- MBA (Finance)
- LLB
- M.com and Commerce Graduates who aspire for an International Certification.
- ICWA
- CS
- Chartered Accountant
Reference: http://www.aicpa.org/BecomeACPA/CPAExam/ForCandidates/FAQ/Pages/computer_faqs_2.aspx
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How much CPA Regulation Exam Cost
Exam fees depend upon the jurisdiction where you choose to become licensed. You can find details by referring to your specific Board of Accountancy.
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AICPA CPA-Regulation Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Business Law | 20–30% | - Agency - Contracts - Commercial transactions (UCC) - Business structure and regulation |
| Topic 2: Federal Taxation of Entities | 15–25% | - Estate and trust taxation basics - Partnerships - C corporations taxation - S corporations |
| Topic 3: Ethics, Professional Responsibilities and Federal Tax Procedures | 15–25% | - Ethical and professional responsibilities - Federal tax procedures |
| Topic 4: Federal Taxation of Individuals | 15–25% | - Gross income inclusions and exclusions - Individual tax computations - Deductions and credits |
| Topic 5: Federal Taxation of Property Transactions | 5–15% | - Property disposition and recognition of gain/loss - Basis calculations |
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