CPA FIN Exam Information and Actual Questions

  • Exam Code/Number: FIN
  • Exam Name/Title: Finance
  • Certification Provider: CPA
  • Corresponding Certification: Other CPA Certification
  • Exam Questions: 80
  • Updated On: Aug 09, 2026

FIN
FREE EXAM DUMPS QUESTIONS & ANSWERS

CPA
FIN Exam
Finance

View FIN actual exam questions, answers and explanations for free.

Go To FIN Questions

All the information you need to pass CPA Finance FIN exam and free practice exam verified by ExamDiscuss exam experts.

Objectives of CPA AUSTRALIA FIN Certification Exam

The objectives of this exam are to provide you with a solid foundation for working in business or government. To accomplish this, you will need to have an understanding of all aspects of financial reporting standards including all relevant laws, regulations, standards, and practices. Final software safety and reliability are verified through third-party testing and research. Concepts of financial accounting and reporting are discussed in detail. Attempt to answer this exam with the help of the CPA AUSTRALIA FIN exam dumps. The survey describes that Candidate studies without the help of this exam may be unable to pass this exam. To reach the designation a person can expect that the required skills, knowledge, and experience are required for this exam.

CPA FIN Exam Overview:

Certification Vendor:AICPA / NASBA
Exam Name:CPA Exam – Financial Accounting and Reporting (FAR) Section
Exam Number:CPA-FAR (Financial Accounting and Reporting)
Exam Duration:240 minutes
Real Exam Qty:Approximately 50 MCQs + 7 task-based simulations (TBS)
Exam Format:Multiple Choice Questions (MCQ), Task-Based Simulations (TBS)
Certificate Validity Period:18 months (to pass all CPA sections after first pass)
Exam Price:USD 240–250 (per section, excludes application and jurisdiction fees)
Passing Score:75 (scaled score)
Available Languages:English
Related Certifications:CPA AUD
CPA REG
CPA BAR (Discipline)
CPA ISC (Discipline)
CPA TCP (Discipline)
Recommended Training:AICPA CPA Exam Resources
NASBA Candidate Guide
Exam Registration:AICPA CPA Exam Overview
NASBA CPA Central
Sample Questions:CPA FIN Sample Questions
Exam Way:Computer-based exam at Prometric test centers (or approved remote proctoring where available by jurisdiction)
Pre Condition:No formal prerequisite, but most candidates are accounting graduates or have relevant coursework. Eligibility varies by U.S. state jurisdiction.
Official Syllabus URL:https://www.aicpa-cima.com/resources/article/learn-about-the-cpa-exam

What are the prerequisites for CPA AUSTRALIA FIN Exam

You must have at least 12 months of qualified work experience or an education qualification from a regionally recognized university. The exam will be offered in both paper-based and computer-based formats. FIN exam dumps can be used as a preparation tool for the exam. The exam will be available in several languages to accommodate students from various countries. The CPA Australia FIN certification exam is only open to those who are either currently licensed CPAs, certified by other national associations recognized by the Association, or have completed an equivalent qualification that may be recognized by the Association.

CPA FIN Exam Syllabus Topics:

SectionObjectives
Topic 1: Select Transactions- Revenue recognition
  • 1. ASC 606 principles
    • 2. Contract-based revenue recognition
      - Leases and financing transactions
      • 1. Lease classification and accounting
        Topic 2: State and Local Governments (S&LG) Accounting- Fund accounting principles
        • 1. Governmental funds
          • 2. Proprietary funds
            Topic 3: Conceptual Framework, Standards, and Financial Reporting- Conceptual framework of financial accounting
            • 1. Qualitative characteristics of accounting information
              • 2. Objectives of financial reporting
                - Financial reporting standards
                • 1. GAAP principles
                  • 2. IFRS awareness (comparative)
                    Topic 4: Select Financial Statement Accounts- Assets and liabilities measurement
                    • 1. Cash and receivables
                      • 2. Property, plant, and equipment
                        • 3. Inventory valuation methods
                          Topic 5: Financial Statement Preparation and Reporting- Consolidation and reporting requirements
                          • 1. Business combinations
                            • 2. Consolidated financial statements


                              0
                              0
                              0
                              10