Last Updated: Aug 17, 2026
No. of Questions: 70 Questions & Answers with Testing Engine
Download Limit: Unlimited
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REG Section Blueprint (effective July 1, 2019) CPA Exam Study Materials - aicpa
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These are following steps for registering the CPA Regulation-Exam.
You can take the Exam (and qualify as a CPA Regulation) only if you meet the requirements of a Board of Accountancy in one of the 55 U.S. jurisdictions.
Reference: http://www.aicpa.org/BecomeACPA/CPAExam/ForCandidates/FAQ/Pages/computer_faqs_2.aspx
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| Section | Weight | Objectives |
|---|---|---|
| Federal Taxation of Entities | 23-33% | - Partnerships and LLCs - Book-tax differences - Tax-exempt organizations - Gift, estate, and trust taxation - C corporations and S corporations |
| Business Law | 15-25% | - Employment and federal business regulations - Debtor-creditor relationships and bankruptcy - Business structure legal characteristics - Contract formation and performance - Uniform Commercial Code (UCC) articles - Agency relationships and authority |
| Ethics, Professional Responsibilities, and Federal Tax Procedures | 10-20% | - Treasury Department Circular 230 - Federal tax audit and appeal procedures - Tax preparer penalties and due diligence - Ethics and responsibilities in tax practice - Privileged communications and disclosure rules |
| Federal Taxation of Property Transactions | 12-22% | - Cost recovery: depreciation, amortization, depletion - Recognition of gains and losses - Asset basis and holding periods - Capital vs ordinary asset classification - Like-kind exchanges and involuntary conversions |
| Federal Taxation of Individuals | 22-32% | - Loss limitations and carryovers - Filing status and dependency rules - Gross income inclusions and exclusions - Adjustments, deductions, and exemptions - Tax credits and alternative minimum tax |
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