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The ethics and professional responsibilities section of the exam covers the AICPA Code of Professional Conduct, which outlines the ethical standards that all CPAs must adhere to. Candidates will be tested on their knowledge of the code as well as their ability to apply it to various scenarios.

Reference: http://www.aicpa.org/BecomeACPA/CPAExam/ForCandidates/FAQ/Pages/computer_faqs_2.aspx

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The CPA-Regulation exam is a computer-based test that consists of 76 multiple-choice questions and eight task-based simulations. CPA-Regulation exam is divided into two sections, each lasting four hours. Candidates are given a 15-minute break between the two sections. CPA-Regulation exam is administered by the American Institute of Certified Public Accountants (AICPA), and candidates must register with the National Association of State Boards of Accountancy (NASBA) to take the exam.

The CPA-Regulation Exam is an essential part of becoming a Certified Public Accountant (CPA). CPAs are highly respected professionals who provide valuable services to businesses, individuals, and organizations. To become a CPA, a candidate must pass all four CPA exams within 18 months, including the CPA-Regulation Exam. CPA-Regulation exam is administered at Prometric testing centers, and candidates can register for the exam through the AICPA website.

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AICPA CPA-Regulation Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Federal Taxation of Property Transactions5–15%- Property disposition and recognition of gain/loss
- Basis calculations
Topic 2: Federal Taxation of Individuals15–25%- Individual tax computations
- Deductions and credits
- Gross income inclusions and exclusions
Topic 3: Ethics, Professional Responsibilities and Federal Tax Procedures15–25%- Ethical and professional responsibilities
- Federal tax procedures
Topic 4: Business Law20–30%- Agency
- Business structure and regulation
- Commercial transactions (UCC)
- Contracts
Topic 5: Federal Taxation of Entities15–25%- Estate and trust taxation basics
- S corporations
- C corporations taxation
- Partnerships
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