The uniform US CPA exam consists of 4 sections: Financial Accounting and Reporting (FAR), Auditing and Attestation (AUD), Business Environment and Concepts (BEC), and Regulation (REG). When it comes to the hardest section among all the exams, everyone says it’s FAR. Why is FAR largely considered the hardest? Here are some reasons. Everyone has their difficulty in the exam, but if we take the majority as consideration, then FAR is the hardest part of the…
FAR (Financing Accounting and Reporting) is one of the sections in the CPA exam. It covers topics like financial statements, GAAP, reporting, and financial transactions. The CPA aspirants consider FAR as a challenging section because of its length. CPA FAR Exam Format: The FAR section starts with two multiple-choice testlets containing 33 MCQs in each testlet. Later, you are allowed to start two testlets which contain 8 task-based simulations. Question Type No of Questions Multiple-Choice…
