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CPA FIN Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Select Transactions | 20-30% | - Business combinations and consolidations - Fair value measurements - Derivatives and hedge accounting - Foreign currency transactions and translation - Accounting changes and error corrections |
| Not-for-Profit Entities | 5-15% | - Disclosures and reporting requirements - Reporting model and financial statements - Revenue, contributions, and net asset classifications |
| State and Local Governments | 5-15% | - Fund financial statements and government-wide statements - Governmental reporting and note disclosures - Governmental accounting concepts and standards |
| Select Financial Statement Accounts | 30-40% | - Assets: cash, receivables, inventory, investments, PP&E, intangibles - Equity: capital stock, retained earnings, comprehensive income - Liabilities: payables, debt, leases, contingencies - Revenue recognition and expense recognition |
| Conceptual Framework, Standard-Setting and Financial Reporting | 25-35% | - General purpose financial statements - Public company reporting requirements - Special purpose frameworks - Conceptual framework and standard-setting |
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