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The passing score for the CPA Australia FIN certification exam is 75%. The level of difficulty of questions on this exam will be at an equivalent level to other exams in this field. The CPA Australia FIN exam is designed to take 4 hours. All questions are multiple-choice. The format will be similar to the format used for accounting exams of the Association. Restrictions will be placed on questions to ensure that all relevant and related information is included in the exam. Calculator use is not permitted. Pearson VUE has implemented measures to ensure that exam material is secure and safe from hackers.
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CPA FIN Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Financial Reporting | 30-40% | - Conceptual framework and GAAP principles - Preparing and presenting complete financial statements - Notes to financial statements and disclosure requirements |
| Topic 2: Select Balance Sheet Accounts | 30-40% | - Cash and receivables - Investments and intangible assets - Inventory and long-lived assets |
| Topic 3: Select Transactions | 25-35% | - Revenue recognition - Leases and debt transactions - Income taxes and stock compensation |

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