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AICPA FAR (FAR) Practice Tests & Test Prep by Exam Edge

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AICPA FAR (FAR) Practice Tests & Test Prep by Exam Edge

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"My favorite thing about ExamEdge's online practice test is that they mimicked the actual exam. I walked into the exam feeling confident I knew the material and walked out knowing my time studying with Exam Edge was well worth the effort."

Olivia R., Washington

Updated (2023) Comprehensive AICPA Financial Accounting and Reporting Description

AICPA Financial Accounting and Reporting (FAR)

Our practice tests simulate the real thing in a number of key ways:

  1. Topics covered
    • Conceptual Framework, Standard-Setting and Financial Reporting - 25-35%
    • Select Financial Statement Accounts - 30-40%
    • Select Transactions - 20-30%
    • State and Local Governments - 5-15%
  2. Level of difficulty
  3. Timed exam, proportional to the number of questions (or untimed if you prefer)
  4. Navigation
  5. The feel of the real test

Features:

  • 24/7 access
  • Compatible with any device
  • 3 different testing modes
    • Timed
    • No Time Limit
    • Explanation
  • Detailed explanations

Exam Edge: Your Key to AICPA Financial Accounting and Reporting Certification Success

Are you preparing to take the AICPA Financial Accounting and Reporting (FAR) certification exam? Look no further! Exam Edge offers a comprehensive solution to help you pass the exam with ease. Our online practice exams are designed to provide you with the knowledge and confidence you need to succeed.

Why Choose Exam Edge?

  • 5 Online Practice Exams: Gain access to five different practice exams, each containing 100 unique questions. This allows you to test your understanding of the material and identify areas where you may need additional review.
  • World-Class Preparation: Our practice certification tests are designed to simulate the real AICPA FAR exam, providing you with a realistic testing experience and helping you feel more prepared on exam day.
  • Psychological Advantage: Familiarizing yourself with the exam format and question types will help reduce test anxiety and give you the confidence you need to succeed.
  • Instant Access: As soon as you sign up, you'll have immediate access to your online practice exams, allowing you to begin studying right away.
  • Detailed Explanations: Each question comes with a detailed explanation, helping you understand the reasoning behind the correct answer and reinforcing your understanding of the material.
  • 100 Multiple Choice Questions per Exam: Each practice exam contains 100 multiple choice questions, mirroring the format of the actual AICPA FAR exam.
  • Take Each Exam 4 Times: You can take each practice exam up to four times, allowing you to review and improve your performance.
  • No Software Installation Required: Our web-based practice exams are available 24/7, and there's no software to install. Simply log in and start studying at your convenience.

With Exam Edge, you'll be well on your way to passing the AICPA Financial Accounting and Reporting certification exam. Don't wait – invest in your future and sign up today!

To pass the AICPA Financial Accounting and Reporting test you need a score of .

AICPA Financial Accounting and Reporting Description

AICPA Financial Accounting and Reporting Certification Exam

The AICPA Financial Accounting and Reporting (FAR) certification exam is a part of the Uniform CPA Examination, which is designed to assess the knowledge and skills of entry-level Certified Public Accountants (CPAs) in the United States. The exam is developed and maintained by the American Institute of Certified Public Accountants (AICPA) and is administered by the National Association of State Boards of Accountancy (NASBA).

Responsibility for the AICPA Financial Accounting and Reporting Exam

The AICPA is responsible for the development and scoring of the FAR exam, while NASBA handles the administration of the exam, including registration, scheduling, and other logistics. The AICPA works closely with state boards of accountancy, educators, and other stakeholders to ensure that the exam content remains relevant and up-to-date.

Eligibility for the AICPA Financial Accounting and Reporting Exam

Candidates who wish to take the AICPA Financial Accounting and Reporting exam must first meet the educational and experience requirements set forth by their state board of accountancy. Generally, candidates must have a bachelor's degree from an accredited institution and have completed a specific number of credit hours in accounting and business-related courses. Some states also require candidates to have a certain amount of accounting work experience before they can sit for the exam.

When and Where to Take the AICPA Financial Accounting and Reporting Exam

The AICPA Financial Accounting and Reporting exam is offered during four testing windows throughout the year, which are: January-February, April-May, July-August, and October-November. The exam is not offered during March, June, September, and December. Candidates can schedule their exam through the NASBA website by selecting a date, time, and testing center location that is convenient for them. The exam is administered at Prometric testing centers across the United States and in selected international locations.

Passing the AICPA Financial Accounting and Reporting Exam

Upon passing the AICPA Financial Accounting and Reporting exam, candidates will have demonstrated their knowledge and understanding of generally accepted accounting principles (GAAP) and financial reporting concepts. This achievement brings them one step closer to becoming a licensed CPA, as the FAR exam is one of the four sections that candidates must pass, along with the Auditing and Attestation (AUD), Regulation (REG), and Business Environment and Concepts (BEC) sections. In addition to passing all four sections of the CPA Exam, candidates must also meet any additional experience and ethics requirements set by their state board of accountancy in order to obtain their CPA license.

At ExamEdge.com, we focus on making our clients' career dreams come true by offering world-class practice tests designed to cover the same topics and content areas tested on the actual American Institute of Certified Public Accountants AICPA Financial Accounting and Reporting (FAR) Certification Exam. Our comprehensive AICPA Financial Accounting and Reporting practice tests are designed to mimic the actual exam. You will gain an understanding of the types of questions and information you will encounter when you take your American Institute of Certified Public Accountants AICPA Financial Accounting and Reporting Certification Exam. Our AICPA Financial Accounting and Reporting Practice Tests allow you to review your answers and identify areas of improvement so you will be fully prepared for the upcoming exam and walk out of the test feeling confident in your results.

Because our practice tests are web-based, there is no software to install and no need to wait for a shipment to arrive to start studying. Your AICPA Financial Accounting and Reporting practice tests are available to you anytime from anywhere on any device, allowing you to study when it works best for you. There are 5 practice tests available, each with 100 questions and detailed explanations to help you study. Every exam is designed to cover all of the aspects of the AICPA FAR exam, ensuring you have the knowledge you need to be successful!

If you're looking for a silver bullet for your AICPA FAR test, Exam Edge is it. You can even take your first practice test for free!

The benefits of our practice exams don't stop there. Once you have completed a practice exam, you will have permanent access to that exam's review page, which includes a detailed explanation for each practice question! Are you confused by a particular question on the practice test? Simply come back to it after you've completed the exam and get a detailed explanation of what the correct answer is and why. No matter how many times you sit for your actual AICPA FAR exam, there's just no comparing the advantages of Exam Edge's practice tests!

Our proof of success is with our customers. Many of them have contacted us, stating that they failed the real tests until finding and utilizing our site. Invest your study time in our well-constructed AICPA FAR exam practice tests and passing the test becomes a cinch!

Certification exams don't just measure what you know - they are also a test of how well you perform under pressure. The right type of test preparation helps you familiarize yourself not only with the material you're being tested on, but also the format of the test, so you feel less anxiety on test day. That's the kind of valuable experience you'll get with our practice tests and exam prep!

Here are five reasons you should use our exams when designing your AICPA Financial Accounting and Reporting test prep strategy:

  1. Once you complete a practice exam, you will be provided with a summary of the number of questions you answered correctly, as well as an estimate of your score on the real exam. We also provide explanations on why the answer is correct.
  2. Our practice tests are designed to have a similar feel to the real test. The number of questions and even the default time limit for each practice exam mimic the actual exam. This way, when you take the actual test, you will already be completely familiar with its basic navigation and behavior. The psychological benefits of such a practice test can be immensely helpful.
  3. Our tests are web-based, so there is no software to install. The practice tests are available to you anytime at your convenience. No matter where you are, you can take our practice tests on any computer or smartphone that has access to the internet. This comes in handy when working in study groups, from a cafe, or wherever you might need some additional test prep support.
  4. If you have to stop while taking one of our tests, you can pause and continue right where you left off. When you continue the test, you will start exactly where you left off, and with the same amount of time you had remaining.
  5. As an "A+" rated, fully accredited member of the Better Business Bureau, we uphold the highest level of business standards.

AICPA Financial Accounting and Reporting (FAR) Test Reviews


   Excellent
Based on 140 reviews

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"This is the best testing resource available! I love how you can do no times with explanations. You can learn right away the correct answer."

AICPA FAR FAQ (click on the links below to jump to the correct question)

  1. Why should I use examedge.com to prepare for AICPA FAR test?
  2. What score do I need to pass AICPA Financial Accounting and Reporting test?
  3. How do I know the practice tests are reflective of the actual AICPA Financial Accounting and Reporting test?
  4. Do you offer practice tests for other AICPA subjects?
  5. How do I register for the real AICPA Financial Accounting and Reporting test?

Why should I use examedge.com to prepare for AICPA FAR test?
We have ten great reasons why examedge.com is the #1 source on the internet for preparing for the AICPA FAR test.

  • examedge.com/aicpa/far was created to focus solely on the AICPA Financial Accounting and Reporting test. All practice test questions parallel the topics covered on the real test, are in the right proportion, as outlined in American Institute of CPA's published AICPA Financial Accounting and Reporting test guidelines.

  • Our practice tests are designed to make you familiar with the real test. Our exams simulate the pressure of the real exam, by setting the per question time limit to be the same as the real exam. So when you take the actual test, you will feel comfortable with the requirements of the real exam.

  • We offer 5 online practice exams with 500 unique questions to help you prepare for your AICPA Financial Accounting and Reporting exam.

  • The low cost! The cost of ordering 5 practice tests is less than the cost of taking the real AICPA Financial Accounting and Reporting test. In other words, it would cost you less money to order 5 practice tests, than if you failed the real test and had to retake it. Now that is a bargain!

  • If you have to stop while taking one of our tests, you can continue right where you left off. When you continue the test, you will start exactly where you were, and with the same amount of time you had remaining.

  • After you complete a test, we provide your raw score (how many you answered correctly) and our estimate of the AICPA score you would receive if you were taking the real test.

  • As you complete your practice tests, we show you which questions you answered correctly, which ones you answered incorrectly, and provide detailed step-by-step explanations for every single question on the test!

  • BBBAs a fully accredited member of the Better Business Bureau, we uphold the highest level of business standards. You can rest assured that we maintain all of the BBB Standards for Trust

  • Because the tests are web-based, there is no software to install. Our practice tests are available to you 24-hours a day. No matter where you are, you can take our practice tests on any computer with access to the internet.

  • If you need additional help, we offer specialized tutoring. Our tutors are highly qualified.
  • What score do I need to pass AICPA Financial Accounting and Reporting test?
    To pass the AICPA Financial Accounting and Reporting test you need a score of .

    The range of possible scores is 0 to 100.

    How do I know the practice tests are reflective of the actual AICPA Financial Accounting and Reporting test?

    At examedge.com, we go to great pains to make sure that our tests are as realistic as possible. Our practice tests  help you prepare for the real test in several key ways:

    • Topics covered
      • Conceptual Framework, Standard-Setting and Financial Reporting - 25-35%
      • Select Financial Statement Accounts - 30-40%
      • Select Transactions - 20-30%
      • State and Local Governments - 5-15%

    • Level of difficulty
    • Time-limit (or you can customize it)
    • Navigation
    • The feel of the real exam

    We have a team of professional writers that create the questions based on the official test breakdown by topic. We are continually updating our exams to keep them in sync with the most current version of the actual certification exam.

    Do you offer practice tests for other AICPA subjects?
    Yes! We offer 4 subjects with 5 different exams utilizing 500 unique questions
    * Every subject has a free sample test

       AICPA Auditing and Attestation (AUD ® ) Practice Tests
       AICPA Business Environment and Concepts (BEC ® ) Practice Tests
       AICPA Financial Accounting and Reporting (BEC ® ) Practice Tests
       AICPA Regulation (REG ® ) Practice Tests

    To order tests, or take a sample test, for a different subject:

    Click on ' Name on the Exam Name' You will be take to the orders page

    How do I register for the real AICPA Financial Accounting and Reporting test?

    For information regarding  AICPA Financial Accounting and Reporting Certifications exam,

    Please refer to American Institute of CPA's website at : https://www.aicpa.org/BecomeACPA/Licensure/Pages/default.aspx


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Certification exams don't just measure what you know - they also test how well you perform under pressure. The right type of test preparation helps you fami-liarize yourself not only with the material you're being tested on, but also the format of the test. more

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