PocketCPA

Every FAR CPA Exam topic

The AICPA blueprint names 56 topics inside FAR, spread across 3 content areas. FAR is the only CPA Exam section whose blueprint names topics and the standard each one cites; the other five stop at the group level.

FAR.I, Financial Reporting, 30 to 40% of the section

TopicGroupStandardSkill levels
Balance sheet / statement of financial positionFAR.I.AASC 210Remembering, Application
Income statement & comprehensive incomeFAR.I.AASC 220, ASC 225Remembering, Application
Statement of cash flowsFAR.I.AASC 230Application, Analysis
Statement of changes in equityFAR.I.AASC 505Remembering, Application
Notes, presentation & required disclosuresFAR.I.AASC 235, ASC 205, ASC 275Remembering, Application
NFP statements & net asset classesFAR.I.BASC 958Remembering, Application
NFP revenue, contributions & disclosuresFAR.I.BASC 958Application, Analysis
Interim financial reportingFAR.I.CASC 270Remembering, Application
Segment reportingFAR.I.CASC 280Remembering, Application
Risks, uncertainties & going concernFAR.I.CASC 275, ASC 205Remembering, Application
Liquidity, solvency & profitability ratiosFAR.I.DApplication, Analysis
Cash, tax, and regulatory basis of accountingFAR.I.ERemembering, Application
Fund structure & government-wide statementsFAR.I.FRemembering, Application

FAR.II, Select Balance Sheet Accounts, 30 to 40% of the section

TopicGroupStandardSkill levels
Classification & bank reconciliationsFAR.II.AASC 305Remembering, Application
Recognition & measurement of receivablesFAR.II.BASC 310Remembering, Application
Credit losses (CECL)FAR.II.BASC 326Application, Analysis
Cost-flow assumptions & capitalizable costFAR.II.CASC 330Application, Analysis
Subsequent measurement (LCM / LC-NRV)FAR.II.CASC 330Application, Analysis
Capitalization, depreciation & disposalFAR.II.DASC 360Application, Analysis
Impairment of long-lived assetsFAR.II.DASC 360Application, Analysis
Asset retirement obligationsFAR.II.DASC 410Application
Debt securities (HTM / AFS / trading)FAR.II.EASC 320Application, Analysis
Equity securitiesFAR.II.EASC 321Application
Equity method & joint venturesFAR.II.EASC 323Application, Analysis
Finite- vs indefinite-lived intangiblesFAR.II.FASC 350Remembering, Application
Goodwill & impairmentFAR.II.FASC 350Application, Analysis
Accruals, compensated absences & exit costsFAR.II.GASC 405, ASC 420, ASC 710Remembering, Application
Bonds, discount/premium & effective interestFAR.II.HASC 470, ASC 835Application, Analysis
Troubled debt & modificationsFAR.II.HASC 470Application, Analysis
Distinguishing liabilities from equityFAR.II.HASC 480Application, Analysis
Common/preferred stock, treasury & dividendsFAR.II.IASC 505Remembering, Application
Earnings per shareFAR.II.IASC 260Application, Analysis

FAR.III, Select Transactions, 25 to 35% of the section

TopicGroupStandardSkill levels
Changes in principle, estimate & entity; error correctionsFAR.III.AASC 250Application, Analysis
Loss & gain contingenciesFAR.III.BASC 450Application, Analysis
Guarantees & commitmentsFAR.III.BASC 460, ASC 440Remembering, Application
Step 1-2: contract & performance obligationsFAR.III.CASC 606Remembering, Application, Analysis
Step 3-4: transaction price & allocationFAR.III.CASC 606Application, Analysis
Step 5: recognition (point in time vs over time)FAR.III.CASC 606Application, Analysis
Contract costs, principal vs agent & presentationFAR.III.CASC 606, ASC 340Application, Analysis
Gains on transfers of nonfinancial assetsFAR.III.CASC 610Application
Temporary vs permanent differences; current & deferredFAR.III.DASC 740Application, Analysis
Deferred tax assets/liabilities & valuation allowanceFAR.III.DASC 740Application, Analysis
Uncertain tax positionsFAR.III.DASC 740Application, Analysis
Intraperiod allocation & balance-sheet presentationFAR.III.DASC 740Remembering, Application
Definition, exit price & valuation approachesFAR.III.EASC 820Remembering, Application
The three-level hierarchy & disclosuresFAR.III.EASC 820Application, Analysis
Identification & lessee classificationFAR.III.FASC 842Remembering, Application, Analysis
Lessee measurement (ROU asset & lease liability)FAR.III.FASC 842Application, Analysis
Lessor accountingFAR.III.FASC 842Application, Analysis
Short-term leases, presentation & disclosureFAR.III.FASC 842Remembering, Application
Acquisition method: assets acquired, goodwill & NCIFAR.III.GASC 805Application, Analysis
Consolidation: control & intercompany eliminationsFAR.III.GASC 810Application, Analysis
Variable interest entitiesFAR.III.GASC 810Analysis
Noncontrolling interests in consolidated statementsFAR.III.GASC 810Application, Analysis
Equity- vs liability-classified awards; expenseFAR.III.HASC 718Application, Analysis
Recognized vs non-recognized subsequent eventsFAR.III.IASC 855Remembering, Application

Areas, weights, groups, topics, standards and skill levels are the AICPA published blueprint. Pass rates are the AICPA published candidate pass rates for 2026 through Q2, read from AICPA & CIMA on 2026-08-17. The AICPA publishes them quarterly.

What is tested on FAR · Which standards the CPA Exam tests

Common questions

How many topics are named in the FAR blueprint?

The AICPA blueprint names 56 topics inside FAR, spread across 3 content areas. FAR is the only CPA Exam section whose blueprint names topics and the standard each one cites; the other five stop at the group level.

See also