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Last Updated: Oct 03, 2026

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The CPA-Regulation Exam is a computer-based exam consisting of 76 multiple-choice questions and eight task-based simulations. The four-hour exam covers topics such as business law, ethics, federal taxation, and professional responsibilities. Additionally, the exam includes questions related to regulatory and legal frameworks that govern corporate financial reporting and disclosures.

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

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AICPA CPA-Regulation Exam Syllabus Topics:

SectionWeightObjectives
Federal Taxation of Entities23-33%- C Corporations
- S Corporations
- Trusts and Estates
- Partnerships
- Limited Liability Companies
- Entity Tax Compliance
Federal Taxation of Property Transactions5-15%- Like-Kind Exchanges and Involuntary Conversions
- Gains and Losses
- Property Tax Basis and Cost Recovery
Federal Taxation of Individuals22-32%- Deductions
- Gross Income
- Individual Tax Computation
- Property Transactions
- Tax Credits
Business Law15-25%- Contracts
- Business Structure
- Debtor-Creditor Relationships
- Federal Securities Regulation
- Agency
Ethics, Professional Responsibilities and Federal Tax Procedures10-20%- Ethics and Professional Responsibilities
- Federal Tax Procedures
- Legal Duties and Responsibilities

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