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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Ethics, Professional Responsibilities, and Federal Tax Procedures | 10-20% | - Ethics and responsibilities in tax practice - Privileged communications and disclosure rules - Treasury Department Circular 230 - Federal tax audit and appeal procedures - Tax preparer penalties and due diligence |
| Topic 2: Business Law | 15-25% | - Business structure legal characteristics - Uniform Commercial Code (UCC) articles - Employment and federal business regulations - Agency relationships and authority - Debtor-creditor relationships and bankruptcy - Contract formation and performance |
| Topic 3: Federal Taxation of Entities | 23-33% | - Partnerships and LLCs - Tax-exempt organizations - C corporations and S corporations - Gift, estate, and trust taxation - Book-tax differences |
| Topic 4: Federal Taxation of Property Transactions | 12-22% | - Asset basis and holding periods - Like-kind exchanges and involuntary conversions - Recognition of gains and losses - Capital vs ordinary asset classification - Cost recovery: depreciation, amortization, depletion |
| Topic 5: Federal Taxation of Individuals | 22-32% | - Gross income inclusions and exclusions - Loss limitations and carryovers - Adjustments, deductions, and exemptions - Filing status and dependency rules - Tax credits and alternative minimum tax |
AICPA Certified Public Accountant CPA Regulation is an official AICPA certification exam, listed under the code CPA-Regulation. Passing it earns you the Certified Public Accountant (CPA) certification, positioned at the Professional level. It also connects to Auditing and Attestation (AUD), Financial Accounting and Reporting (FAR), Business Analysis and Reporting (BAR), Information Systems and Controls (ISC), Tax Compliance and Planning (TCP). For anyone aiming at a leadership track in IT, this credential is one of the clearest markers of verified skill.
Passing AICPA Certified Public Accountant CPA Regulation takes 75 (scaled score, 0-99 scale), and the official registration fee is $262.64 USD per section (jurisdiction-specific). Retakes charge the full $262.64 USD per section (jurisdiction-specific) again, which is why accuracy in preparation matters more than volume. Validate your readiness with repeated Prep4sureGuide practice scores above the requirement before committing to a date.
The AICPA Certified Public Accountant CPA Regulation exam contains 72-76 questions to answer within 240 minutes. The SOFT engine from Prep4sureGuide imitates the real test scene on your computer and uses special methods to help you master questions and answers, so the official time limit becomes a practiced routine rather than a surprise.
Bachelor's degree + 150 semester credit hours; eligibility determined by state board of accountancy
Vendor requirements are revised periodically, so confirm the current conditions before registering via the official exam page.
Sign-up for AICPA Certified Public Accountant CPA Regulation goes through the official channels below.
One planning note: the exam is delivered Computer-based testing at Prometric test centers; continuous testing year-round.
AICPA recommends the following training for AICPA Certified Public Accountant CPA Regulation candidates.
Reinforce whichever training you pick with the 70 practice questions in the Prep4sureGuide CPA-Regulation package, edited by experts who follow real test changes firsthand.
Three versions share the same verified content: the PDF prints unlimited copies for paper study, the SOFT engine imitates the real test scene on Windows PCs, and the APP version runs on all electronic products, which is why the majority of examinees choose it. A free demo lets you try before deciding, and after purchase updates are free for 365 days, extendable afterward at a 50% discount.
Worry-free shopping means a 100% money-back guarantee with stated conditions. Take the AICPA Certified Public Accountant CPA Regulation exam within 60 days of purchase; if you fail, you may claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. Alternatively, exchange for two other exam products of equal value, free, keeping the update service on your original purchase.
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AICPA Certified Public Accountant CPA Regulation is structured into 5 official domains. The leading ones are Federal Taxation of Property Transactions (12-22%), Business Law (15-25%), and Ethics, Professional Responsibilities, and Federal Tax Procedures (10-20%). The full topic breakdown appears above; accurate preparation starts with an accurate map.
Farr made a gift of stock to her child, Pat. At the date of gift, Farr's stock basis was $10,000 and the stock's fair market value was $15,000. No gift taxes were paid. What is Pat's basis in the stock for computing gain?
Correct Answer: C 🗳️
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An individual had the following capital gains and losses for the year:
What will be the net gain (loss) reported by the individual and at what applicable tax rate(s)?
Correct Answer: A 🗳️
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Don Wolf became a general partner in Gata Associates on January 1, 1989, with a 5% interest in Gata's profits, losses, and capital. Gata is a distributor of auto parts. Wolf does not materially participate in the partnership business. For the year ended December 31, 1989, Gata had an operating loss of $100,000.
In addition, Gata earned interest of $20,000 on a temporary investment. Gata has kept the principal temporarily invested while awaiting delivery of equipment that is presently on order. The principal will be used to pay for this equipment. Wolf's passive loss for 1989 is:
Correct Answer: C 🗳️
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Baum, an unmarried optometrist and sole proprietor of Optics, buys and maintains a supply of eyeglasses and frames to sell in the ordinary course of business. In 1999, Optics had $350,000 in gross business receipts and its year-end inventory was not subject to the uniform capitalization rules.
Baum's 1999 adjusted gross income was $90,000 and Baum qualified to itemize deductions. During
1999, Baum recorded the following information:
Business expenses:
What amount should Baum report as 1999 net earnings from self-employment?
Correct Answer: B 🗳️
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Darr, an employee of Sorce C corporation, is not a shareholder. Which of the following would be included in a taxpayer's gross income?
Correct Answer: D 🗳️
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