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Financial Accounting & Reporting (FAR)

Course Overview

CPA Financial Accounting & Reporting (FAR)

Master Financial Reporting and Build a Global Accounting Career

The Financial Accounting and Reporting (FAR) section is one of the three Core papers of the US CPA (Certified Public Accountant) Examination under the CPA Evolution model. FAR develops a strong understanding of US Generally Accepted Accounting Principles (US GAAP), financial statement preparation, financial reporting, governmental accounting, and not-for-profit accounting.

At Konidena Classroom, our FAR course is designed to provide conceptual clarity, practical accounting knowledge, and exam-oriented preparation. Through expert faculty, real-world accounting scenarios, comprehensive study materials, and extensive question practice, students gain the skills required to succeed in the CPA examination and excel in global accounting careers.

Course Highlights

  • Complete CPA FAR Coaching
  • Updated CPA Evolution Curriculum
  • Expert Faculty
  • US GAAP-Based Learning
  • Practical Accounting Applications
  • Financial Statement Preparation
  • Concept-Based Teaching
  • Topic-Wise Practice Questions
  • Task-Based Simulation (TBS) Practice
  • Mock Examinations

Our Teaching & Passing Strategy

At Konidena Classroom, we use a structured approach to maximize student success.

Phase 1 – Strong Concept Building

Master the core concepts with simple explanations and practical examples.

Phase 2 – Topic-Wise Practice

Solve chapter-wise questions and numerical problems after every topic.

Phase 3 – Case Study & Investment Analysis

Develop analytical thinking through practical business and investment scenarios.

Phase 4 – Mock Examinations

Attempt full-length mock tests under exam conditions.

Phase 5 – Performance Evaluation

Receive individual feedback, identify weak areas, and improve exam strategy.

Phase 6 – Final Revision

Revision classes, formula sheets, summary notes, and intensive doubt-clearing sessions before the exam.

Subjects Information
Financial Reporting Framework
20 Chapter
Financial Statements
15 Chapter
Assets
5 Chapter
Liabilities
7 Chapter
Equity
6 Chapter
Revenue Recognition
12 Chapter
Governmental Accounting
10 Chapter
Not-for-profit Accounting
9 Chapter


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