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Last Updated: Aug 18, 2026

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How to book the CPA Australia FR Exam

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What is the duration, language, and format of the CPA Australia FR Exam

  • Formats: Multiple choice, task-based, communication tasks
  • Exam language: English
  • Exam duration: 16 hours in total
  • Each component has a passing score of 75

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CPA FR Exam Syllabus Topics:

SectionObjectives
Financial Statements Preparation- Preparation of financial statements
  • 1. Statement of financial position
    • 2. Statement of cash flows basics
      • 3. Statement of profit or loss and other comprehensive income
        Financial Reporting Framework- Conceptual Framework for Financial Reporting
        • 1. Recognition and measurement concepts
          • 2. Qualitative characteristics of financial information
            • 3. Elements of financial statements
              International Financial Reporting Standards (IFRS)- IAS/IFRS Application
              • 1. IAS 38 Intangible Assets
                • 2. IFRS 16 Leases
                  • 3. IAS 16 Property, Plant and Equipment
                    • 4. IFRS 15 Revenue from Contracts with Customers
                      • 5. IAS 37 Provisions, Contingent Liabilities and Contingent Assets
                        Group Financial Statements- Consolidation
                        • 1. Goodwill calculation and impairment
                          • 2. Intra-group transactions elimination
                            • 3. Preparation of consolidated financial statements
                              Analysis and Interpretation- Financial statement analysis
                              • 1. Ratio analysis
                                • 2. Performance interpretation
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