Asset retirement obligations on the FAR CPA Exam

Asset retirement obligations is tested on the FAR section of the CPA Exam. It is a named topic of blueprint group FAR.II.D, Property, plant & equipment, which sits in FAR Area II, Select Balance Sheet Accounts, at 30 to 40% of the section.

Section

FAR, Financial Accounting and Reporting

Area

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

Group

FAR.II.D, Property, plant & equipment

Authoritative literature

ASC 410

Skill levels tested

Application

Which standard covers Asset retirement obligations on the CPA Exam?

Asset retirement obligations is tested against ASC 410. The wider group FAR.II.D also reaches ASC 250, ASC 360, ASC 835.

At what skill level is Asset retirement obligations tested?

Asset retirement obligations is tested at one skill level: Application (applying a rule to a fact pattern, which is where most simulations sit).

Is Asset retirement obligations tested outside FAR?

Yes. The same literature is tested outside FAR: ASC 410 in FAR.III.B (Contingencies & commitments).

Area, group, topic, standard 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. Where the same standard is tested outside FAR is PocketCPA's own mapping.

Every FAR blueprint area, group and topic · Which standards the CPA Exam tests · FAR pass rate and format

Common questions

Is Asset retirement obligations tested on the CPA Exam?

Asset retirement obligations is tested on the FAR section of the CPA Exam. It is a named topic of blueprint group FAR.II.D, Property, plant & equipment, which sits in FAR Area II, Select Balance Sheet Accounts, at 30 to 40% of the section.