CPA FR : Financial Reporting

FR pass collection

Exam Code: FR

Exam Name: Financial Reporting

Updated: Sep 20, 2026

Q & A: 80 Questions and Answers

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About CPA FR Exam

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How to study the CPA Australia FR Exam

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CPA FR Exam Syllabus Topics:

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

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