Exam Domains

1 Conceptual Framework and General Purpose Financial Reporting 15%

2 Assets and Liabilities (Recognition and Measurement) 30%

3 Revenue, Income and Expenses 20%

4 Group Accounting and Consolidation 20%

5 Disclosure Requirements and Regulatory Framework 15%

Exam Details

Question TypesMultiple Choice, Extended Response, Case Study Scenarios

FormatOnline, open book, 3-hour computer-based exam with scenario-based questions

Online ProctoringAvailable

ID RequirementsValid government-issued photo ID required. Name must match CPA Australia membership registration.

RenewalRequired -- CPA designation requires 3 years of relevant work experience for conferral. Ongoing: CPA Australia members must complete 40 hours of CPD annually (20 hours verifiable) to maintain CPA designation. Annual membership renewal required.

PrerequisitesCPA Australia candidate enrolment and foundation requirements required.

Retake PolicyCandidates who fail may re-enrol in the segment and resit. Full segment fee applies for re-enrolment. No limit on the number of attempts per segment.

LanguagesEnglish

CPA Program: Financial Reporting (FR) Exam Blueprint

Exam Domains

Exam Details

Official Study Resources