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Last Updated: Oct 03, 2026
No. of Questions: 70 Questions & Answers with Testing Engine
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The CPA-Regulation Exam is administered by the American Institute of Certified Public Accountants (AICPA), which is the professional organization for CPAs in the United States. CPA-Regulation exam is designed to ensure that individuals who earn the CPA designation have the necessary skills and knowledge to provide high-quality accounting and financial services to clients. Passing the exam is a key requirement for becoming a licensed CPA in the United States.
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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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| Section | Weight | Objectives |
|---|---|---|
| Federal Taxation of Entities | 23-33% | - C Corporations - S Corporations - Trusts and Estates - Partnerships - Limited Liability Companies - Entity Tax Compliance |
| Federal Taxation of Property Transactions | 5-15% | - Like-Kind Exchanges and Involuntary Conversions - Gains and Losses - Property Tax Basis and Cost Recovery |
| Federal Taxation of Individuals | 22-32% | - Deductions - Gross Income - Individual Tax Computation - Property Transactions - Tax Credits |
| Business Law | 15-25% | - Contracts - Business Structure - Debtor-Creditor Relationships - Federal Securities Regulation - Agency |
| Ethics, Professional Responsibilities and Federal Tax Procedures | 10-20% | - Ethics and Professional Responsibilities - Federal Tax Procedures - Legal Duties and Responsibilities |
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