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You must make a request to schedule a date for the exam at least six months in advance of the testing time frame. This should allow you enough time to get all your prerequisites ready before sitting for this exam. Greeter Services will contact you once you have booked your date for the CPA Australia FIN certification exam. Schedules will be confirmed at least eight weeks prior to the exam date. Crime and fraud prevention training and awareness will be provided. Coat and identification requirements will also be provided at that time. Pay the exam fee, take the exam, and receive your CPA AUSTRALIA FIN Certification Card.
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| Section | Weight | Objectives |
|---|---|---|
| State and Local Governments | 5-15% | - Governmental reporting and note disclosures - Fund financial statements and government-wide statements - Governmental accounting concepts and standards |
| Select Transactions | 20-30% | - Accounting changes and error corrections - Fair value measurements - Business combinations and consolidations - Foreign currency transactions and translation - Derivatives and hedge accounting |
| Select Financial Statement Accounts | 30-40% | - Equity: capital stock, retained earnings, comprehensive income - Assets: cash, receivables, inventory, investments, PP&E, intangibles - Revenue recognition and expense recognition - Liabilities: payables, debt, leases, contingencies |
| Not-for-Profit Entities | 5-15% | - Reporting model and financial statements - Disclosures and reporting requirements - Revenue, contributions, and net asset classifications |
| Conceptual Framework, Standard-Setting and Financial Reporting | 25-35% | - Special purpose frameworks - Public company reporting requirements - General purpose financial statements - Conceptual framework and standard-setting |
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