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Reference: http://www.aicpa.org/BecomeACPA/CPAExam/ForCandidates/FAQ/Pages/computer_faqs_2.aspx
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Topics of CPA Exam
Candidates must know the exam topics before they start of preparation. because it will really help them in hitting the core. Our CPA Regulation Exam exam dumps will include the following topics:
CPA Regulation (REG)
- Federal Taxation of Property Transactions 12-22%
- Federal Taxation of Entities 28-38%
- Federal Taxation of Individuals 15-25%
- Ethics, Professional Responsibilities and Federal Tax Procedures 10-20%
- Business Law 10-20%
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AICPA CPA-Regulation Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Federal Taxation of Entities | 23-33% | - Partnerships and LLCs - C corporations and S corporations - Book-tax differences - Gift, estate, and trust taxation - Tax-exempt organizations |
| Topic 2: Federal Taxation of Individuals | 22-32% | - Tax credits and alternative minimum tax - Adjustments, deductions, and exemptions - Filing status and dependency rules - Loss limitations and carryovers - Gross income inclusions and exclusions |
| Topic 3: Business Law | 15-25% | - Employment and federal business regulations - Contract formation and performance - Debtor-creditor relationships and bankruptcy - Business structure legal characteristics - Agency relationships and authority - Uniform Commercial Code (UCC) articles |
| Topic 4: Ethics, Professional Responsibilities, and Federal Tax Procedures | 10-20% | - Privileged communications and disclosure rules - Tax preparer penalties and due diligence - Ethics and responsibilities in tax practice - Treasury Department Circular 230 - Federal tax audit and appeal procedures |
| Topic 5: Federal Taxation of Property Transactions | 12-22% | - Asset basis and holding periods - Cost recovery: depreciation, amortization, depletion - Recognition of gains and losses - Capital vs ordinary asset classification - Like-kind exchanges and involuntary conversions |
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