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For more info read reference:
REG Section Blueprint (effective July 1, 2019) CPA Exam Study Materials - aicpa
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How much CPA Regulation Exam Cost
Exam fees depend upon the jurisdiction where you choose to become licensed. You can find details by referring to your specific Board of Accountancy.
Reference: http://www.aicpa.org/BecomeACPA/CPAExam/ForCandidates/FAQ/Pages/computer_faqs_2.aspx
Who should take the CPA Regulation Exam
The Regulation (REG) section of the CPA Exam tests a CPA candidate's knowledge and skill level on federal taxation, business law, business ethics and professional and legal responsibilities. In order to take an CPA Exam, anyone who is interested in making their career in business management then they can go ahead and appear to all the 4 segments of this exam.
All the candidates appearing exam must have security number.
CPA exam is excellent opportunity for all below professionals to validate their skills in accountancy. As this exam is administered by the AICPA, which is the world's largest accounting body.
- LLB
- Chartered Accountant
- M.com and Commerce Graduates who aspire for an International Certification.
- ICWA
- CS
- MBA (Finance)
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AICPA CPA-Regulation Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Federal Taxation of Property Transactions | 5–15% | - Basis calculations - Property disposition and recognition of gain/loss |
| Topic 2: Federal Taxation of Individuals | 15–25% | - Individual tax computations - Gross income inclusions and exclusions - Deductions and credits |
| Topic 3: Federal Taxation of Entities | 15–25% | - Estate and trust taxation basics - C corporations taxation - S corporations - Partnerships |
| Topic 4: Business Law | 20–30% | - Business structure and regulation - Commercial transactions (UCC) - Contracts - Agency |
| Topic 5: Ethics, Professional Responsibilities and Federal Tax Procedures | 15–25% | - Ethical and professional responsibilities - Federal tax procedures |
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