Financial Exam Focus and Format

　　Financial Accounting and Reporting (Financial)

　　Concepts and standards for financial statements

　　1.Typical items in financial statements

　　2.Specific types of transactions and events

　　3.Accounting and reporting for governmental entities

　　4.Accounting and reporting for nongovernmental and not-for-profit entities

　　Exam Focus:

　　This section covers skills and knowledge of generally accepted accounting principles for business enterprises, not-for-profit organizations and governmental entities.

　　Exam Format:

　　4 hours, 3 Multiple-Choice Question testlets, 2 Simulation testlets