CPA FAR (Financial Accounting and Reporting) exam help guide

CPA FAR is the Financial Accounting and Reporting Core section of the Uniform CPA Examination under the AICPA 2026 Blueprints effective January 1, 2026. FAR is a four-hour Prometric section with 50 multiple-choice questions and 7 task-based simulations across five testlets: 25 MCQs, 25 MCQs, 2 TBSs, 3 TBSs, and 2 TBSs. AICPA lists FAR score weighting as 50% MCQs and 50% TBSs, with the passing score reported as a scaled 75 on the CPA Exam scoring scale. The 2026 FAR content weights are Financial Reporting 30-40%, Select Balance Sheet Accounts 30-40%, and Select Transactions 25-35%. FAR focuses on U.S. GAAP financial reporting for business entities and not-for-profit entities, select financial statement accounts, transactions such as revenue, leases, income taxes, fair value, contingencies, and subsequent events, and foundational state and local government accounting concepts.