Conquer the CPA FAR Exam in Under 90 Minutes: Certified Public Accountant Exam Study Guide

Core Examination Section – Financial Accounting and Reporting (FAR) Section of the Uniform CPA Examination

By: Philip Martin McCaulay

Narrated by: Virtual Voice

The Conquer the Exam in Under 90 Minutes series is the original audiobook-first CPA exam prep solution. These guides are built for focus and efficiency, helping you master what matters most without wasting time on filler.

What sets this audiobook study guide apart is what it is not. It is not a massive textbook stretching hundreds of pages. It is not weighed down with endless practice questions that do not work in audio format. And it is not a generic review with “CPA” dropped into the title but no alignment to the actual Blueprint.

Instead, this guide delivers a quick, structured review of the Financial Accounting and Reporting (FAR) section of the CPA Exam. It follows the official AICPA Blueprint, ensuring that every chapter corresponds to tested topics, from the conceptual framework and financial statements to specialized areas such as governmental, not-for-profit, and business combinations.

Coverage includes:

• General purpose financial statements, conceptual framework, and reporting principles
• Balance sheet and income statement presentation, including comprehensive income and equity changes
• SEC reporting and interim filings, with disclosure requirements
• Governmental and not-for-profit financial reporting fundamentals
• Cash, receivables, inventory, property and equipment, intangibles, and investments
• Liabilities, equity transactions, accounting changes, and error corrections
• Contingencies, commitments, and subsequent events
• Revenue recognition under ASC 606 and related disclosures
• Income taxes, deferred tax assets and liabilities, and uncertain tax positions
• Fair value measurement and leases under ASC 842, with IFRS contrasts
• Business combinations, consolidation, goodwill, and noncontrolling interests
• Derivatives, hedge accounting, and other advanced transactions
• A closing chapter on exam preparation and test-taking strategies

If you’ve already invested time and money into preparing — don’t leave success to chance. This concise, targeted review is here to help you pass the first time.

This book was written by an actuary with more than 40 years of professional experience and two decades of success writing bestselling study guides. It is independently authored and published, not affiliated with or endorsed by the AICPA, NASBA, or any official testing authority. Always confirm the most current exam requirements with the AICPA before testing.