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Last Updated: Sep 14, 2026
No. of Questions: 80 Questions & Answers with Testing Engine
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Financial Reporting | 30-40% | - Conceptual framework and GAAP principles - Notes to financial statements and disclosure requirements - Preparing and presenting complete financial statements |
| Topic 2: Select Balance Sheet Accounts | 30-40% | - Inventory and long-lived assets - Investments and intangible assets - Cash and receivables |
| Topic 3: Select Transactions | 25-35% | - Revenue recognition - Income taxes and stock compensation - Leases and debt transactions |
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