Uniform CPA Examination: Financial Accounting and Reporting (FAR): the practice module
Exam body: AICPA. Verified for Uniform CPA Examination Blueprints, effective January 2026 (FAR section) on October 16, 2026.
What it covers
Covers: standard multiple-choice questions written to this exam’s outline, format and timing.
Does not cover: task-based simulation. DoMcq is multiple-choice only; the real exam’s other item types are out of scope.
Question format
- Every question has exactly 4 options.
- One correct answer per question.
- Not allowed as an option: “all of the above”, “none of the above”.
Exam mode
The real exam is 50 questions in 120 minutes. Exam mode keeps that pace for any number of questions. It is split into 2 sections.
Topics
The official topic list, as the exam body names it. Your questions must use these names; the coverage dashboard compares your set to each topic’s official weight.
| Topic | Weight | Subtopics |
|---|---|---|
| Financial Reporting | 30–40% | General-Purpose Financial Reporting: For-Profit Business Entities · General-Purpose Financial Reporting: Nongovernmental Not-for-Profit Entities · State and Local Government Concepts · Public Company Reporting Topics · Special Purpose Frameworks · Financial Statement Ratios and Performance Metrics |
| Select Balance Sheet Accounts | 30–40% | Cash and cash equivalents · Trade receivables · Inventory · Property, plant and equipment · Investments · Intangible assets · Payables and accrued liabilities · Debt (financial liabilities) · Equity |
| Select Transactions | 25–35% | Accounting changes and error corrections · Contingencies and commitments · Revenue recognition · Accounting for income taxes · Fair value measurements · Lessee accounting · Subsequent events |
Trademarks
DoMcq is an independent practice tool and is not affiliated with, sponsored by or endorsed by the American Institute of Certified Public Accountants (AICPA), the National Association of State Boards of Accountancy (NASBA) or any state board of accountancy; the names are used only to identify the exam. Uniform CPA Examination® is a registered trademark, and AICPA® a trademark, of the American Institute of Certified Public Accountants.
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