Certified Public Accountant Examination study plan

Map the FAR blueprint into a one-page outline that lists every topic area and its relative weight

Compute and journalize the core adjusting entries for revenue recognition under ASC 606, including contract assets and liabilities

Build a personal formula sheet for inventory costing (FIFO, LIFO, weighted average) and lower-of-cost-or-net-realizable-value write-downs

Complete 60 FAR multiple-choice questions on revenue and inventory and log every miss with a one-line reason

Prepare a full set of consolidated financial statements from a parent and subsidiary trial balance, eliminating intercompany sales, profit in ending inventory, and investment accounts

Distinguish operating, finance, and sales-type leases and record the lessee and lessor entries for each

Reconcile deferred tax balances by classifying temporary differences as taxable or deductible and computing the current and deferred provision

Work 40 FAR task-based simulations covering consolidations, leases, and income taxes

Compute earnings per share for simple and complex capital structures, including diluted EPS with options, convertible bonds, and contingencies

Prepare the statement of cash flows under both the direct and indirect methods and reconcile the two

Calculate the ratios in the BAR blueprint (liquidity, solvency, profitability, and activity) from a set of financial statements and interpret each trend

Draft a 300-word variance analysis memo explaining a revenue and gross margin shortfall using common-size and horizontal analysis

Build a discounted cash flow valuation for a sample company, covering free cash flow projection, terminal value, and sensitivity to WACC

Calculate net present value, internal rate of return, payback, and profitability index for five capital budgeting scenarios and rank the projects

Apply cost-volume-profit and relevant-costing analysis to a make-or-buy and a special-order decision

Complete 50 BAR multiple-choice questions on valuation, capital budgeting, and decision analysis

Outline the audit risk model and trace how inherent, control, and detection risk drive the nature, timing, and extent of procedures

Draft the audit plan for a simulated engagement, including materiality, significant risks, and planned responses

Classify a list of 25 internal control deficiencies as deficiencies, significant deficiencies, or material weaknesses with justification

Write the appropriate audit opinion for six fact patterns, including scope limitations, going concern, and departures from GAAP

Complete 60 AUD multiple-choice questions spanning planning, evidence, and reporting

Distinguish the professional responsibilities and independence rules that apply to attest and non-attest engagements, including threats and safeguards

Identify the required communications and documentation for an audit, including the management representation letter and the auditor's report elements

Compute individual and corporate taxable income for a set of fact patterns, including basis, gain and loss recognition, and depreciation

Apply the rules for property transactions, including like-kind exchanges, involuntary conversions, and related-party losses

Complete 50 REG and 30 AUD multiple-choice questions and log every miss by rule citation

Prepare an individual tax return from a fact pattern covering wages, interest, dividends, capital gains, itemized deductions, and credits

Compute partnership and S corporation basis and the tax consequences of distributions and liquidations

Apply circular 230 and preparer penalty rules to five practitioner-conduct scenarios

Complete 60 REG multiple-choice questions on entity taxation and practice before the IRS

Take two full-length timed practice exams under exam-day conditions and record section scores

Review every missed item from the practice exams and re-solve it until correct without notes

Consolidate the four domain outlines into a single one-page memory sheet of formulas, rules, and thresholds

Drill 40 weak-area questions drawn from the lowest-scoring blueprint topics of the practice exams