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Last Updated: Jul 31, 2026

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What is the duration, language, and format of the CPA Australia FR Exam

  • Exam language: English
  • Formats: Multiple choice, task-based, communication tasks
  • Each component has a passing score of 75
  • Exam duration: 16 hours in total

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CPA FR Exam Syllabus Topics:

SectionWeightObjectives
Select Balance Sheet Accounts30–40- Cash, Receivables, and Investments
- Intangible Assets and Goodwill
- Inventory and Property, Plant & Equipment
- Liabilities, Debt, and Equity
- Fair Value Measurements
Financial Reporting30–40- Conceptual Framework and Standard-Setting
- Public Company Reporting and SEC Requirements
- General-Purpose Financial Statements – Not-for-Profit Entities
- General-Purpose Financial Statements – For-Profit Entities
- State and Local Governmental Accounting
- Financial Statement Analysis and Ratios
Select Transactions25–35- Revenue Recognition (ASC 606)
- Income Taxes (ASC 740)
- Derivatives, Hedging, and Foreign Currency
- Leases (ASC 842)
- Accounting Changes and Error Corrections
- Business Combinations and Consolidations

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