Updated: Aug 31, 2026
No. of Questions: 165 Questions & Answers with Testing Engine
Download Limit: Unlimited
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| Certification Vendor: | AICPA |
|---|---|
| Exam Name: | Financial Accounting and Reporting |
| Exam Number: | FAR |
| Related Certifications: | AUD TCP ISC BAR REG |
| Passing Score: | 75 (scaled 0-99) |
| Available Languages: | English |
| Exam Price: | ~$359 USD per section (varies by jurisdiction) |
| Real Exam Qty: | 50 MCQs + 7 TBSs |
| Exam Duration: | 240 minutes |
| Exam Format: | Task-Based Simulations (TBS), Multiple-Choice Questions (MCQ), Computer-Based Test |
| Certificate Validity Period: | 30 months from passing |
| Recommended Training: | AICPA Official FAR Blueprint & Resources |
| Exam Registration: | AICPA CPA Exam NASBA CPA Central Prometric Scheduling |
| Sample Questions: | AICPA FAR Sample Questions |
| Exam Way: | Computer-based testing at Prometric test centers or remote proctored (where allowed) |
| Pre Condition: | Bachelor's degree + 120–150 credit hours (jurisdiction-dependent), 24–30 hours in accounting/business courses; no prior exam required |
| Official Syllabus URL: | https://us.aicpa.org/becomeacpa/cpaexam/exam-content/far |
Generally, the more familiar you are with the FAR content, the less time you need to study, and the faster you can pass. So, how long will you need to study for FAR? Well, the best you can get is the FAR exam dumps that help you figure out what side of the study time spectrum you're probably on via a deeper investigation into FAR's content. You'll find the content areas, groups, and topics of FAR in the FAR CPA Exam blueprints.
Want to pass FAR fast? Then you'll need to study for 20 hours a week so you can finish your review in 6-8 weeks.
Can't fit that much study time into your routine? Then try studying for 15 hours a week. Doing so will prepare you in 8-11 weeks.
finally, if you can only study for 10 hours a week, you'll be ready for FAR in 12-16 weeks.
So, you can use any one of these study schedules or do anything in between. That's because of how fast you finish your FAR review depends on how much time you have to study in a week. But what's important is that you study consistently so you can stay in study mode and stick to your exam schedule.
One of the key problems faced by most candidates is to choose the right research materials for their exam preparation since they use the internet to find too much data that makes it difficult for them to trust, which would be helpful for them. FAR practice exam dumps are designed in such a way to make better preparatory material. Financial Accounting and Reporting (FAR) Exam is not an easier one and can turn out to be a very difficult certification if not well prepared. We always recommend studying the FAR exam dumps and then take the practice exams before actually appearing for the exam.
Refer to the links down below to access the study materials. In the accounting industry, any aspiring accountant who wants to sit for the FAR Exam must have significant post-secondary education. For most test managers, a bachelor's degree from an accredited institution used to be enough. Applicants may, however, clear the exam with the right concentration and the right preparation material. SureTorrent have the most up-to-date FAR exam dumps.
| Section | Weight | Objectives |
|---|---|---|
| Conceptual Framework, Standard-Setting and Financial Reporting | 25–35% | - Conceptual framework and standard-setting process - General-purpose financial statements for for-profit entities - Not-for-profit and public company reporting - Employee benefit plan financial statements |
| Select Financial Statement Accounts | 30–40% | - Cash, receivables, inventory, investments - Compensation, benefits and income taxes - Property, plant and equipment, intangibles - Payables, debt, equity, revenue recognition |
| State and Local Governments | 5–15% | - Fund accounting and modified accrual basis - GASB standards and disclosure requirements - Governmental financial statements and reporting models |
| Select Transactions | 20–30% | - Contingencies, R&D and subsequent events - Foreign currency, accounting changes and errors - Derivatives, hedging and fair value measurements - Leases, business combinations and consolidations |
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