Definition, exit price & valuation approaches on the FAR CPA Exam
Definition, exit price & valuation approaches is tested on the FAR section of the CPA Exam. It is a named topic of blueprint group FAR.III.E, Fair value measurement, which sits in FAR Area III, Select Transactions, at 25 to 35% of the section.
- Section
- FAR, Financial Accounting and Reporting
- Area
- FAR.III, Select Transactions, 25 to 35% of the section
- Group
- FAR.III.E, Fair value measurement
- Authoritative literature
- ASC 820
- Skill levels tested
- Remembering, Application
Which standard covers Definition, exit price & valuation approaches on the CPA Exam?
Definition, exit price & valuation approaches is tested against ASC 820. The wider group FAR.III.E also reaches ASC 321, ASC 825.
At what skill level is Definition, exit price & valuation approaches tested?
Definition, exit price & valuation approaches 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 Definition, exit price & valuation approaches tested outside FAR?
No. Within the current blueprint the literature behind Definition, exit price & valuation approaches is tested in FAR only.
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 Definition, exit price & valuation approaches tested on the CPA Exam?
Definition, exit price & valuation approaches is tested on the FAR section of the CPA Exam. It is a named topic of blueprint group FAR.III.E, Fair value measurement, which sits in FAR Area III, Select Transactions, at 25 to 35% of the section.