AICPA CPA-Regulation Q&A - in .pdf

  • Exam Code: CPA-Regulation
  • Exam Name: Certified Public Accountant CPA Regulation
  • Updated: Sep 16, 2026
  • Q & A: 70 Questions and Answers
  • PDF Price: $49.99
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AICPA CPA-Regulation Q&A - Testing Engine

  • Exam Code: CPA-Regulation
  • Exam Name: Certified Public Accountant CPA Regulation
  • Updated: Sep 16, 2026
  • Q & A: 70 Questions and Answers
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Passing the CPA-Regulation Exam is one of the requirements for becoming a licensed CPA in the United States. CPA-Regulation exam is administered by the American Institute of Certified Public Accountants (AICPA) and is computer-based, with multiple-choice questions and task-based simulations. Candidates are given four hours to complete the exam, and a passing score is 75 or higher. The CPA-Regulation Exam is a challenging test, but it is essential for demonstrating a candidate's knowledge and understanding of the legal and ethical principles that govern the accounting profession.

Reference: http://www.aicpa.org/BecomeACPA/CPAExam/ForCandidates/FAQ/Pages/computer_faqs_2.aspx

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AICPA CPA-Regulation Certification Exam is a rigorous test of the candidate's knowledge and skills related to federal taxation, business law, and ethics. Passing CPA-Regulation exam is a critical step in becoming a licensed CPA and providing quality accounting services to the public. Candidates must have a strong understanding of the exam's topics and be able to apply their knowledge to real-world scenarios.

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AICPA CPA-Regulation Exam Syllabus Topics:

SectionWeightObjectives
Federal Taxation of Individuals22-32%- Gross income inclusions and exclusions
- Tax credits and alternative minimum tax
- Filing status and dependency rules
- Adjustments, deductions, and exemptions
- Loss limitations and carryovers
Ethics, Professional Responsibilities, and Federal Tax Procedures10-20%- Privileged communications and disclosure rules
- Federal tax audit and appeal procedures
- Tax preparer penalties and due diligence
- Ethics and responsibilities in tax practice
- Treasury Department Circular 230
Business Law15-25%- Business structure legal characteristics
- Debtor-creditor relationships and bankruptcy
- Contract formation and performance
- Agency relationships and authority
- Employment and federal business regulations
- Uniform Commercial Code (UCC) articles
Federal Taxation of Property Transactions12-22%- Cost recovery: depreciation, amortization, depletion
- Recognition of gains and losses
- Asset basis and holding periods
- Like-kind exchanges and involuntary conversions
- Capital vs ordinary asset classification
Federal Taxation of Entities23-33%- Gift, estate, and trust taxation
- Tax-exempt organizations
- C corporations and S corporations
- Book-tax differences
- Partnerships and LLCs

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