Identification & lessee classification on the FAR CPA Exam

Identification & lessee classification is tested on the FAR section of the CPA Exam. It is a named topic of blueprint group FAR.III.F, Leases, 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.F, Leases

Authoritative literature

ASC 842

Skill levels tested

Remembering, Application, Analysis

Which standard covers Identification & lessee classification on the CPA Exam?

Identification & lessee classification is tested against ASC 842.

At what skill level is Identification & lessee classification tested?

Identification & lessee classification is tested at 3 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), Analysis (working across several concepts at once, which is simulation territory).

Is Identification & lessee classification tested outside FAR?

Yes. The same literature is tested outside FAR: ASC 842 in BAR.II.I (Leases).

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 Identification & lessee classification tested on the CPA Exam?

Identification & lessee classification is tested on the FAR section of the CPA Exam. It is a named topic of blueprint group FAR.III.F, Leases, which sits in FAR Area III, Select Transactions, at 25 to 35% of the section.