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US CPA (US Certified Public Accountant) is one of the highest accounting credentials administered by the American Institute of Certified Professional Accountants (AICPA). CFA (Chartered Financial Analyst) is a globally recognized credential in the field of financial management and investment management. The CFA Institute administers it. Certified Public Accountant: US CPA exam is a single-level toughness exam. It is divided into 4 parts BEC – Business Environmental Concepts FAR – Financial Accounting and Reporting REG…

The regulation (REG) section in the CPA exam consists of federal taxation, business law, legal and professional responsibilities. The candidate has three hours to complete the section. It is broken into 3 testlets containing MCQs (multiple-choice questions) and TBS (task-based simulations). The REG section is considered tough because 60% of the exam focuses on taxation. Over the last few years, the CPA-REG section has had poor pass rates, so it shouldn’t be taken easily.  REG…