CertificationPractice + Mock

CPA — Financial Accounting & Reporting (FAR)

Uniform CPA Exam — FAR section: GAAP financial statements

240
Minutes
20
Questions
13,940
Learners
48%
Pass mark
★ Start here · Official guidance

From practice to the real exam

Verified sources
01
Meet state board requirements
Each state board sets education requirements (typically 150 credit hours).
02
Apply via NASBA
Submit application and transcripts. Pay fees.
03
Schedule via Prometric
FAR fee ~USD 250 + state application fees.
04
Sit FAR
4-hour exam covering US GAAP financial reporting for for-profit, not-for-profit, and government entities. 50 MCQs + 7 task-based simulations. Pass mark: 75.
05
Pass all four within window
30-month rolling window after first pass.
Official resources
Heads up: Links open in a new tab and go to government / awarding-body sites. AceMark is not affiliated — always verify deadlines and fees on the official page.
Exam blueprint

What this exam covers

5 topics · 20 questions in the bank
Topic weights below mirror the real exam blueprint. To practise any single topic, use the Your study path panel on the right.
01Financial statements
40%8 questions
02Revenue recognition
15%3 questions
03Leases
15%3 questions
04Pensions & deferred tax
15%3 questions
05Governmental accounting
15%3 questions
The experience

What to expect on test day

Timed simulation
Every mock runs under real exam time pressure. No pauses, no hints — exactly like the day.
Randomised questions
Every attempt draws fresh questions. You cannot memorise your way to a pass — you have to understand.
Integrity monitoring
Tab switches are logged in mock mode. Three switches auto-submits — same discipline as a real proctor.
Detailed results
Topic-by-topic breakdown, every answer explained, and a personalised 5-day study plan when you finish.
How to prepare

Certification study playbook

Four habits that move the needle most — pulled from how high-scorers actually study.

01
Start with the official exam blueprint — it tells you exactly what each domain carries.
02
Hands-on practice is irreplaceable for technical certifications — labs over reading.
03
Understand why answers are correct, not just memorise them — the real exam paraphrases.
04
Book your exam before you feel 100% ready. A fixed date forces real discipline.