Gains on transfers of nonfinancial assets on the FAR CPA Exam
Gains on transfers of nonfinancial assets is tested on the FAR section of the CPA Exam. It is a named topic of blueprint group FAR.III.C, Revenue recognition, 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.C, Revenue recognition
- Authoritative literature
- ASC 610
- Skill levels tested
- Application
Which standard covers Gains on transfers of nonfinancial assets on the CPA Exam?
Gains on transfers of nonfinancial assets is tested against ASC 610. The wider group FAR.III.C also reaches ASC 340, ASC 606.
At what skill level is Gains on transfers of nonfinancial assets tested?
Gains on transfers of nonfinancial assets is tested at one skill level: Application (applying a rule to a fact pattern, which is where most simulations sit).
Is Gains on transfers of nonfinancial assets tested outside FAR?
No. Within the current blueprint the literature behind Gains on transfers of nonfinancial assets 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 Gains on transfers of nonfinancial assets tested on the CPA Exam?
Gains on transfers of nonfinancial assets is tested on the FAR section of the CPA Exam. It is a named topic of blueprint group FAR.III.C, Revenue recognition, which sits in FAR Area III, Select Transactions, at 25 to 35% of the section.