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CPA Australia Financial-Accounting-and-Reporting (CPA Financial Accounting and Reporting) Certification Exam is one of the most sought-after professional certification exams in the field of accounting and finance. It is specifically designed for accounting professionals who want to enhance their skills and knowledge in financial accounting and reporting. Financial-Accounting-and-Reporting exam is recognized globally and is highly valued by employers, making it a great addition to the resume of any accounting professional.
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CPA Australia is a professional organization for accountants in Australia. It offers a certification program called the CPA Financial Accounting and Reporting exam. Financial-Accounting-and-Reporting exam is designed to test candidates' knowledge of financial accounting and reporting concepts and practices.
CPA Australia Financial-Accounting-and-Reporting (CPA Financial Accounting and Reporting) Exam is a rigorous and comprehensive assessment designed to test candidates' knowledge and skills in financial accounting and reporting. Financial-Accounting-and-Reporting exam is a crucial step for those who aspire to become professional accountants and financial experts. It is an internationally recognized certification that demonstrates a candidate's proficiency in financial accounting and reporting.
CPA Australia Financial-Accounting-and-Reporting Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Financial Instruments | 12% | - Recognition, derecognition and disclosure - Classification and measurement |
| Role and Regulatory Framework of Financial Reporting | 15% | - Conceptual framework and qualitative characteristics - Regulatory environment and standards setting - Business entities and reporting obligations |
| Income Taxes | 18% | - Tax effects in financial statements - Current and deferred tax calculation |
| Impairment of Assets | 6% | - Impairment testing and recognition - Impairment indicators and recoverable amount |
| Business Combinations and Group Accounting | 20% | - Consolidation principles and procedures - Business combinations and goodwill - Non-controlling interests |
| Presentation of Financial Statements | 15% | - Statement of financial position - Statement of profit or loss and OCI - Statement of cash flows and notes |
| Revenue, Provisions and Liabilities | 14% | - Revenue from contracts with customers - Provisions, contingent liabilities and assets |







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