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To have a CPA designation, many businesses prefer their accountants. Applicants winning their CPA title will find themselves more hirable and will be better paid. People who wish to become business accountants and explore its dynamic culture to jump-start their certification and lifelong learning goals should take this exam. To become eligible for the exam, a candidate must have completed a 120 program approved by NYSED. As a non-official prerequisite, candidates must have studied the CPA exam dumps. Also, they must have completed their bachelor's degree with accounting as their major.
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| Section | Weight | Objectives |
|---|---|---|
| Accepting and Planning Audit Engagements | 25% | - Understanding entity and internal control systems - Pre-conditions, client acceptance and engagement terms - Risk assessment, materiality and audit strategy |
| Review, Completion and Reporting | 20% | - Going concern, subsequent events and written representations - Evaluation of misstatements and review of work - Audit reports, modifications and other communications |
| Legal, Ethical and Regulatory Environment | 20% | - Regulatory framework including Companies Act 2014 - Ethics, independence, professional skepticism and quality control - Anti-money laundering, fraud and corporate governance |
| Performing Audit Procedures and Gathering Evidence | 30% | - CIS auditing and computer-assisted audit techniques - Tests of controls and substantive procedures - Audit evidence, sampling and documentation |
| Assurance and Related Services | 5% | - Other assurance engagements and non-audit services |
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