Study with AICPA : FAR Exam Torrent as your best preparation materials

Last Updated: Jul 18, 2026

No. of Questions: 165 Questions & Answers with Testing Engine

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AICPA FAR Practice Q&A's

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Who should take the Financial Accounting and Reporting (FAR) Exam

Candidates must see the FAR exam dumps pdf to see if they are interested in the contents. People who wish to become Financial Accounting and Reporting experts and explore the dynamic culture of this field to jump-start their certification and lifelong learning goals should take this exam. Many businesses prefer that their accountants are Financial Accounting and Reporting (FAR) certified. Applicants winning their FAR title will find themselves more hirable and will be better paid. To become eligible for the exam, a candidate must have completed a 120 program approved by NYSED. Also, they must have completed their bachelor's degree with accounting as their major.

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What is the duration, language, and format of the Financial Accounting and Reporting (FAR) Exam

  • Passing score: 75
  • Language of Exam: English
  • Duration of Exam: 4 hours
  • Format: Multiple choice, Task-based simulations, research prompts

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AICPA FAR Exam Syllabus Topics:

SectionWeightObjectives
Select Transactions25-35%- Accounting changes and error corrections
- Leases and other significant transactions
- Revenue recognition and transaction accounting
Financial Reporting30-40%- Preparation and presentation of financial statements, disclosures, and ratios
- Foundational concepts related to accounting requirements for governmental entities
- General purpose financial reporting for for-profit and non-profit entities
Select Balance Sheet Accounts30-40%- Liabilities, equity transactions and related accounting requirements
- Investments and financial instruments
- Cash, receivables, inventory, PP&E, and intangible assets
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