PocketCPA

Classification & bank reconciliations on the FAR CPA Exam

Classification & bank reconciliations is tested on the FAR section of the CPA Exam. It is a named topic of blueprint group FAR.II.A, Cash & cash equivalents, 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.A, Cash & cash equivalents
Authoritative literature
ASC 305
Skill levels tested
Remembering, Application

Which standard covers Classification & bank reconciliations on the CPA Exam?

Classification & bank reconciliations is tested against ASC 305. The wider group FAR.II.A also reaches ASC 210, ASC 230.

At what skill level is Classification & bank reconciliations tested?

Classification & bank reconciliations is tested at 2 skill levels: Remembering (recall and understanding, which is multiple choice territory), Application (applying a rule to a fact pattern, which is where most simulations sit).

Is Classification & bank reconciliations tested outside FAR?

Yes. The same literature is tested outside FAR: ASC 305 in BAR.I.A (Current period/historical analysis, including the use of data); ASC 305 in BAR.I.B (Prospective analysis, including the use of data); ASC 305 in BAR.II.G (Consolidated financial statements); ASC 305 in BAR.II.H (Derivatives and hedge accounting); ASC 305 in BAR.III.C (Typical items and specific types of transactions and events: measurement, valuation, calculation and presentation).

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 Classification & bank reconciliations tested on the CPA Exam?

Classification & bank reconciliations is tested on the FAR section of the CPA Exam. It is a named topic of blueprint group FAR.II.A, Cash & cash equivalents, which sits in FAR Area II, Select Balance Sheet Accounts, at 30 to 40% of the section.