Log inSign up
Course

CPA Financial Accounting and Reporting Far

Get personalized support from expert tutors and AI-powered study tools.

Personalized practice Exam · Set a test date 4 units · 54 topics
Generate study planExplore skills
Your study plan
Free with a Varsity Tutors account
Free
Turn this CPA Financial Accounting and Reporting Far outline into a plan
A week-by-week plan
Paced to your test date and rebuilt whenever your CPA Financial Accounting and Reporting Far scores move.
A score projection
See where you stand today and what each study block is worth.
Progress that sticks
Lessons, flashcards, and quizzes tracked in one place, on every device.
Create your free plan
Takes a minute · No credit card required
Your next tutoring session · CPA Financial Accounting and Reporting Far prep Ready when you are
No upcoming CPA Financial Accounting and Reporting Far tutoring session scheduled
Book a tutoring session when you are ready to work with an expert.
Book a tutor

Ways to study

Subject resources
Long-form
Long-form Lessons
Open lessons
1,236 questions
Quizzes
Take a quiz
1 test
Full-length Practice Tests
Start a test

CPA Financial Accounting and Reporting Far

Practice 54 skills across this outline.

Recommended next
Sales-Type And Direct Financing Leases
Select Financial Statement Accounts · Liabilities
Long-form lesson
Weighting distribution
18 categories
Financial Reporting · General Skills
18%
Select Transactions · Revenue Recognition
10%
State And Local Governments · General Skills
9%
State And Local Governments · Governmental Fund Accounting
9%
Select Financial Statement Accounts · Liabilities
8%
Select Transactions · General Skills
8%

Skills

The comprehensive taxonomy of cpa financial accounting and reporting far — drill into a card to work its skills.

Select Financial Statement Accounts · Liabilities

7 core skills8% total weight
0/7 completed
7 skills to mastery
1
Sales-Type And Direct Financing LeasesRecommended
31 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
2
Account For Pension And Postretirement BenefitsAvailable
17 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
3
Bonds Issued At Par, Discount, PremiumAvailable
11 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
4
Accounts Payable And Accrued LiabilitiesAvailable
17 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
5
Amortize Bond Discounts And PremiumsAvailable
57 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
6
Evaluate And Record Loss ContingenciesAvailable
31 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
7
Operating And Finance Leases (Lessee)Available
14 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems

Select Financial Statement Accounts · Equity

4 core skills5% total weight
0/4 completed
4 skills to mastery
1
Account For Common And Preferred StockAvailable
31 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
2
Account For Dividends And Retained EarningsAvailable
15 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
3
Account For Treasury Stock TransactionsAvailable
34 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
4
Account For Stock-Based CompensationAvailable
31 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems

Select Financial Statement Accounts · Assets

3 core skills3% total weight
0/3 completed
3 skills to mastery
1
Account For Asset Disposals And ImpairmentAvailable
29 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
2
Account For Intangible Assets And GoodwillAvailable
15 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
3
Capitalize And Depreciate Fixed AssetsAvailable
30 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems

Select Financial Statement Accounts · Cash And Receivables

2 core skills2% total weight
0/2 completed
2 skills to mastery
1
Account For Cash And Cash EquivalentsAvailable
25 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
2
Account For Accounts Receivable And AllowanceAvailable
18 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems

Select Financial Statement Accounts · Investments

2 core skills2% total weight
0/2 completed
2 skills to mastery
1
Account For Equity And Debt InvestmentsAvailable
15 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
2
Apply Fair Value MeasurementAvailable
20 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems

Select Financial Statement Accounts · Inventory

2 core skills4% total weight
0/2 completed
2 skills to mastery
1
Apply Inventory Costing MethodsAvailable
37 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
2
Inventory Valuation And Write-DownsAvailable
49 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems

Select Financial Statement Accounts · General Skills

1 core skills2% total weight
0/1 completed
1 skill to mastery
1
Research and Development CostsAvailable
49 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems

Financial Reporting · Accounting Changes And Errors

3 core skills3% total weight
0/3 completed
3 skills to mastery
1
Account For Changes In EstimatesAvailable
13 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
2
Account For Changes In Accounting PrincipleAvailable
10 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
3
Correct Prior Period ErrorsAvailable
14 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems

Financial Reporting · General Skills

7 core skills18% total weight
0/7 completed
7 skills to mastery
1
Apply FASB Conceptual FrameworkAvailable
37 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
2
Calculate Basic And Diluted EPSAvailable
44 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
3
Public Company Reporting RequirementsAvailable
13 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
4
Employee Benefit Plan Financial StatementsAvailable
29 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
5
Identify And Classify Subsequent EventsAvailable
60 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
6
Identify Sources Of Authoritative GAAPAvailable
10 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
7
Report Comprehensive IncomeAvailable
29 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems

Financial Reporting · Reporting Requirements

2 core skills2% total weight
0/2 completed
2 skills to mastery
1
Apply Interim Reporting RequirementsAvailable
13 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
2
Apply Segment Reporting RequirementsAvailable
5 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems

Financial Reporting · Financial Statement Presentation

2 core skills3% total weight
0/2 completed
2 skills to mastery
1
Identify Required Financial Statement DisclosuresAvailable
20 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
2
Prepare Classified Financial StatementsAvailable
11 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems

Select Transactions · General Skills

5 core skills8% total weight
0/5 completed
5 skills to mastery
1
Account For Government AssistanceAvailable
12 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
2
Account For Share-Based CompensationAvailable
10 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
3
Account For Derivative InstrumentsAvailable
10 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
4
Account For Business CombinationsAvailable
34 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
5
Prepare Consolidated Financial StatementsAvailable
14 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems

Select Transactions · Revenue Recognition

3 core skills10% total weight
0/3 completed
3 skills to mastery
1
Account For Contract ModificationsAvailable
30 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
2
Allocate Transaction Price To Performance ObligationsAvailable
14 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
3
Apply Five-Step Revenue Recognition ModelAvailable
57 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems

Select Transactions · Income Taxes

2 core skills4% total weight
0/2 completed
2 skills to mastery
1
Account For Permanent And Temporary DifferencesAvailable
29 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
2
Deferred Tax Assets And LiabilitiesAvailable
12 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems

Select Transactions · Foreign Currency

2 core skills3% total weight
0/2 completed
2 skills to mastery
1
Translate Foreign Currency TransactionsAvailable
15 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
2
Translate Foreign Financial StatementsAvailable
16 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems

State And Local Governments · Proprietary And Fiduciary Funds

2 core skills7% total weight
0/2 completed
2 skills to mastery
1
Account For Proprietary FundsAvailable
17 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
2
Account For Fiduciary FundsAvailable
10 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems

State And Local Governments · General Skills

3 core skills9% total weight
0/3 completed
3 skills to mastery
1
Account For Budgetary EntriesAvailable
8 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
2
Apply Governmental Reporting RequirementsAvailable
10 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
3
Prepare Government-Wide Financial StatementsAvailable
18 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems

State And Local Governments · Governmental Fund Accounting

2 core skills9% total weight
0/2 completed
2 skills to mastery
1
Apply Modified Accrual AccountingAvailable
16 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems
2
Classify Governmental FundsAvailable
20 questions 0 flashcards Lesson available
Long-form lessonSlide-style lessonFlashcards — not available yetPractice problems

No CPA Financial Accounting and Reporting Far classes or courses found here yet

Open the full catalogs to browse everything currently available.

Related CPA Financial Accounting and Reporting Far tutors

Browse tutors who can help with this subject.
View all tutors
Expert tutoring

No related CPA Financial Accounting and Reporting Far tutors found

Browse the full gallery to find a vetted expert who can help with CPA Financial Accounting and Reporting Far.