FAR: Financial Accounting and Reporting
CPAUS-FAR- Unit 1: Financial Reporting Concepts
- Unit 2: Select Balance Sheet Accounts
- Unit 3: Select Transactions
- Unit 4: State and Local Governments and Not-for-Profit Entities
1 unit free forever
GoCPAus · Practice
CPA Exam Practice Questions: FAR, AUD, REG and All Discipline Sections
Sharpen your MCQ skills for every CPA core and discipline section with exam-style questions and full explanations. Start free — no card required.
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- Cancel any time
- Updated for the 2024 CPA Evolution exam format
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Updated for the 2024 CPA Evolution exam format
No card to start · Cancel any time
6 modules
Why this works
Three reasons learners actually pass.
The platform is built around retrieval practice: what the published research finds works, and what works in front of the examiner.
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All CPA Sections Covered
Practice questions for the three core sections — FAR, AUD and REG — plus all three discipline sections: BAR, ISC and TCP. Organised by topic so you can drill the areas that need the most work.
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Track Topic Mastery
Your progress dashboard shows mastery across every topic and section. See exactly where you stand before exam day and focus your study time where it counts.
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Learn From Every Question
Every MCQ comes with a detailed explanation covering the correct answer and the underlying accounting, auditing or tax principle it tests.
How it works
From landing here to passing the paper.
You're answering real questions before you finish reading this page. No content gating and no pre-assessment funnel.
01
Sign Up and Start Free
Create your account and begin practising FAR MCQs at no cost, with no credit card required. Explore the platform in full before you subscribe.
02
Practise by Section and Topic
Work through MCQs organised by CPA section and topic area. Each question is written to the style and difficulty of the real exam, with a full explanation after every answer.
03
Track Progress and Pass
Use your dashboard to monitor mastery across every topic. When you are consistently scoring well on MCQs, you are building the conceptual foundation you need to pass.
The evidence
Active recall is the literature.
Decades of cognitive-science research find that retrieval practice (answering questions you might get wrong) produces more durable learning than re-reading or highlighting. We built a question bank disciplined enough to use it.
Recall accuracy after 7 days
Roediger & Karpicke, 2006 (n=120, simplified)
Higher is better. Tested condition reflects retrieval practice, the mechanism behind this product.
Syllabus coverage
Every module. Every unit.
Mapped to the published syllabus, weighted to match recent examiner reports, reviewed each session.
Updated for the 2024 CPA Evolution exam format
AUD: Auditing and Attestation
CPAUS-AUD- Unit 1: Ethics, Professional Responsibilities, and General Principles
- Unit 2: Assessing Risk and Developing a Planned Response
- Unit 3: Performing Further Procedures and Obtaining Evidence
- Unit 4: Forming Conclusions and Reporting
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REG: Regulation
CPAUS-REG- Unit 1: Ethics, Professional Responsibilities, and Federal Tax Procedures
- Unit 2: Business Law
- Unit 3: Federal Taxation of Individuals
- Unit 4: Federal Taxation of Property Transactions
- Unit 5: Federal Taxation of Entities
Premium only
BAR: Business Analysis and Reporting
CPAUS-BAR- Unit 1: Business Analysis
- Unit 2: Technical Accounting and Reporting
- Unit 3: State and Local Governments (BAR-specific depth)
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ISC: Information Systems and Controls
CPAUS-ISC- Unit 1: Information Systems and Data Management
- Unit 2: Security, Confidentiality, and Privacy
- Unit 3: System and Organisation Controls (SOC) Engagements
Premium only
TCP: Tax Compliance and Planning
CPAUS-TCP- Unit 1: Tax Compliance and Planning for Individuals
- Unit 2: Entity Tax Compliance
- Unit 3: Entity Tax Planning
- Unit 4: Property Transactions (Advanced)
Premium only
FAQ
The questions serious applicants actually ask.
What CPA exam sections does GoCPAus cover?
GoCPAus provides MCQ practice for all six CPA exam sections under the 2024 CPA Evolution format: the three core sections (FAR — Financial Accounting and Reporting, AUD — Auditing and Attestation, and REG — Regulation) and all three discipline sections (BAR — Business Analysis and Reporting, ISC — Information Systems and Controls, and TCP — Tax Compliance and Planning).
How many MCQs are in each CPA exam section?
Each CPA exam section contains 76 multiple-choice questions, delivered across two testlets of 38 questions each. MCQs account for approximately 50% of your total score; the other 50% comes from task-based simulations (TBS). GoCPAus focuses exclusively on the MCQ component.
What is the CPA Evolution exam format?
The CPA Evolution format, introduced in January 2024, restructured the CPA exam into three mandatory core sections — FAR, AUD and REG — and three discipline sections, of which candidates must choose and pass one. The discipline sections are BAR (Business Analysis and Reporting), ISC (Information Systems and Controls) and TCP (Tax Compliance and Planning). Each section is scored on a 0–99 scale with a passing score of 75.
Is GoCPAus free to use?
Yes. The FAR section is free to practise with no credit card required. A subscription unlocks all remaining sections — AUD, REG, BAR, ISC and TCP.
What is the CPA exam pass rate?
The overall CPA exam pass rate across all sections is typically around 45–55%, making targeted MCQ practice an important part of exam preparation. Consistent MCQ drilling builds the conceptual understanding needed to tackle both the multiple-choice and task-based simulation portions of the exam.
How should I prepare for the FAR section?
FAR is widely considered the most challenging CPA section due to its breadth — it covers financial statements, governmental accounting, not-for-profit accounting, and more. Focus on understanding the underlying standards rather than memorising rules. Practise MCQs by topic to identify weak areas early, and revisit explanations to reinforce the concepts behind each question.
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