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These are following steps for registering the CPA Regulation-Exam.
You can take the Exam (and qualify as a CPA Regulation) only if you meet the requirements of a Board of Accountancy in one of the 55 U.S. jurisdictions.
- Step 1: You must first decide on the jurisdiction to which you will apply.
- Step 2: After selecting your jurisdiction, you can obtain application materials and submit your completed applications as directed.
Reference: http://www.aicpa.org/BecomeACPA/CPAExam/ForCandidates/FAQ/Pages/computer_faqs_2.aspx
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AICPA CPA-Regulation Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Ethics, Professional Responsibilities, and Federal Tax Procedures | 10-20% | - Federal tax audit and appeal procedures - Privileged communications and disclosure rules - Tax preparer penalties and due diligence - Ethics and responsibilities in tax practice - Treasury Department Circular 230 |
| Federal Taxation of Individuals | 22-32% | - Loss limitations and carryovers - Filing status and dependency rules - Gross income inclusions and exclusions - Tax credits and alternative minimum tax - Adjustments, deductions, and exemptions |
| Federal Taxation of Entities | 23-33% | - Gift, estate, and trust taxation - C corporations and S corporations - Tax-exempt organizations - Book-tax differences - Partnerships and LLCs |
| Federal Taxation of Property Transactions | 12-22% | - Cost recovery: depreciation, amortization, depletion - Like-kind exchanges and involuntary conversions - Asset basis and holding periods - Capital vs ordinary asset classification - Recognition of gains and losses |
| Business Law | 15-25% | - Uniform Commercial Code (UCC) articles - Agency relationships and authority - Contract formation and performance - Debtor-creditor relationships and bankruptcy - Business structure legal characteristics - Employment and federal business regulations |
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