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CPA Australia FR Exam Guide
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| Section | Weight | Objectives |
|---|---|---|
| Select Transactions | 25–35 | - Derivatives, Hedging, and Foreign Currency - Leases (ASC 842) - Revenue Recognition (ASC 606) - Accounting Changes and Error Corrections - Income Taxes (ASC 740) - Business Combinations and Consolidations |
| Select Balance Sheet Accounts | 30–40 | - Inventory and Property, Plant & Equipment - Fair Value Measurements - Cash, Receivables, and Investments - Intangible Assets and Goodwill - Liabilities, Debt, and Equity |
| Financial Reporting | 30–40 | - Public Company Reporting and SEC Requirements - State and Local Governmental Accounting - General-Purpose Financial Statements – For-Profit Entities - Conceptual Framework and Standard-Setting - General-Purpose Financial Statements – Not-for-Profit Entities - Financial Statement Analysis and Ratios |
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