CPA FR : Financial Reporting

  • Exam Code: FR
  • Exam Name: Financial Reporting
  • Updated: Oct 19, 2026     Q & A: 80 Questions and Answers

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Exam Contents

What is the duration, language, and format of the CPA Australia FR Exam

  • Exam language: English
  • Each component has a passing score of 75
  • Exam duration: 16 hours in total
  • Formats: Multiple choice, task-based, communication tasks

CPA FR Exam Syllabus Topics:

SectionWeightObjectives
Select Balance Sheet Accounts30-40%- Inventory and property, plant, and equipment
- Liabilities and equity accounts
- Cash and receivables
- Investments and intangible assets
Select Transactions25-35%- Revenue recognition
- Income taxes and other transaction types
- Leases and financing transactions
Financial Reporting30-40%- Disclosures and reporting requirements (e.g., segment, interim reporting)
- Preparation and presentation of financial statements
- Conceptual framework and standard-setting
- Reporting for for-profit, not-for-profit, and governmental entities

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