- Exam Code: AA
- Exam Name: Audit & Insurance
- Updated: Aug 18, 2026
- Q & A: 80 Questions and Answers
The cost of this exam differs according to the state of but roughly it costs around USD 200 per section and a total of around USD 800 for all four sections. Hover on to the official website of AICPA and choose your state for more pricing information. Other costs may also incur like buying the CPA exam dumps pdf and then practicing for the exam via the CPA practice test.
The certification path for the Certified Public Accountant (CPA) Exam consists of this Uniform CPA Examination with 4 sections that can be taken separately as in one section per test window or all sections at once. After clearing these 4 sections, an ethics exam must also be cleared before your license could be processed.
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Passing all four sections of the Uniform CPA Test is one of the first steps to being a licensed CPA. The CPA Exam is a computer-based examination conducted by the AICPA, consisting of four parts evaluating the minimum knowledge and skills needed by a CPA. The new version of the exam takes 16 hours in total.
While each state/jurisdiction has its particular criteria for obtaining a CPA license, they all require the CPA Exam to be passed by an applicant, and you have 18 months to complete all four sections of the CPA Exam (the clock starts ticking after you pass the first section), so be aware of scheduling and preparing.
The exam contains the following four main parts which are further described in details in the following section:
See the CPA practice exams to get a know-how of how these sections are divided. The AUD section offers questions based on professional obligations, ethics, risk assessment in the production of plan responses, the performance of procedures and facts, and drawing conclusions and reporting of accounting information. The BEC chapter discusses topics related to corporate governance, economic concepts, and interpretation, financial management, IT, and operations management. The FAR section consists of questions that emphasize the conceptual structure and financial reporting, the selection of accounts of financial statements, the selection of transactions, and the application of state and local governments to accounting work. The REG section consists of topics that concentrate on ethics, federal tax practices, professional obligations, business law, federal property transaction taxation, federal individual taxation, and federal agency taxation.
| Section | Objectives |
|---|---|
| Planning and Risk Assessment | - Understanding the entity and its environment - Assessing audit risks - Obtaining and accepting audit engagements - Audit planning and documentation |
| Audit Evidence | - Financial statement assertions and audit evidence - Work of others (experts, internal auditors) - Audit of specific items - Audit procedures and sampling |
| Internal Control | - Internal audit role - Tests of control - Evaluation of control systems - Internal control systems |
| Audit Framework and Regulation | - Professional ethics - Corporate governance - Concept of audit and other assurance engagements - External audit and regulatory environment |
| Review and Reporting | - Going concern evaluation - Written representations - Audit finalisation and auditor's report - Subsequent events |
| Employability and Technology Skills | - Presentation of information and responses - Use of computer technology in the exam and workplace |
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