Pass test with the help of CPA-Regulation actual exam materials
Last Updated: Aug 25, 2026
No. of Questions: 70 Questions & Answers with Testing Engine
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The Regulation (REG) section of the CPA Exam tests a CPA candidate's knowledge and skill level on federal taxation, business law, business ethics and professional and legal responsibilities. In order to take an CPA Exam, anyone who is interested in making their career in business management then they can go ahead and appear to all the 4 segments of this exam.
All the candidates appearing exam must have security number.
CPA exam is excellent opportunity for all below professionals to validate their skills in accountancy. As this exam is administered by the AICPA, which is the world's largest accounting body.
Reference: http://www.aicpa.org/BecomeACPA/CPAExam/ForCandidates/FAQ/Pages/computer_faqs_2.aspx
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Federal Taxation of Individuals | 22-32% | - Filing status and dependency rules - Adjustments, deductions, and exemptions - Gross income inclusions and exclusions - Loss limitations and carryovers - Tax credits and alternative minimum tax |
| Topic 2: Federal Taxation of Entities | 23-33% | - Gift, estate, and trust taxation - Tax-exempt organizations - Partnerships and LLCs - C corporations and S corporations - Book-tax differences |
| Topic 3: Ethics, Professional Responsibilities, and Federal Tax Procedures | 10-20% | - Federal tax audit and appeal procedures - Tax preparer penalties and due diligence - Treasury Department Circular 230 - Privileged communications and disclosure rules - Ethics and responsibilities in tax practice |
| Topic 4: Federal Taxation of Property Transactions | 12-22% | - Like-kind exchanges and involuntary conversions - Cost recovery: depreciation, amortization, depletion - Asset basis and holding periods - Recognition of gains and losses - Capital vs ordinary asset classification |
| Topic 5: Business Law | 15-25% | - Uniform Commercial Code (UCC) articles - Employment and federal business regulations - Agency relationships and authority - Contract formation and performance - Debtor-creditor relationships and bankruptcy - Business structure legal characteristics |
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