CPA REG
CPA Exam — Regulation (REG)
The CPA REG section covers federal taxation (individuals, entities, and property transactions), business law (contracts, agency, commercial paper, bankruptcy), and ethics. It is one of four CPA exam sections and is administered by NASBA/AICPA.
Study Materials in C3RT
CPA REG Exam Overview
| Detail | Information |
|---|---|
| Full Name | CPA Exam — Regulation (REG) |
| Governing Body | AICPA / NASBA |
| Number of Questions | 76 |
| Time Limit | 4 hours |
| Passing Score | 75 (scaled) |
| Exam Fee | $238.15 USD (NASBA; varies by jurisdiction) |
| Category | Finance & Accounting |
| C3RT App Available On | iPhone, iPad, and Mac |
| Official Source | AICPA / NASBA official website ↗ |
CPA REG Content Areas and Domains
| Domain / Content Area | Practice Qs | Exam Weight |
|---|---|---|
| Ethics, Professional Responsibilities and Federal Tax Procedures | 2,652 | 10–20% |
| Business Law | 2,640 | 8–16% |
| Federal Taxation of Property Transactions | 2,475 | 12–22% |
| Federal Taxation of Individuals | 7,460 | 15–25% |
| Federal Taxation of Entities | 3,548 | 28–38% |
Practice question counts reflect the CPA REG Exam Prep 2026 app content bank. Domain weights are approximate and based on the AICPA / NASBA content outline. Always verify at the official source before your exam.
Topics Covered
- ✓ Individual federal taxation
- ✓ Entity taxation (C-corps, S-corps, partnerships)
- ✓ Property transactions
- ✓ Contracts and agency law
- ✓ Business structures
- ✓ Ethics and professional responsibilities
How C3RT Helps You Pass the CPA REG
Adaptive Practice
Questions adapt to your weak areas automatically so every study session on the CPA REG is time well spent.
Diagnostic Mocks
Full-length mock exams timed to the real CPA REG format with detailed score breakdowns by topic.
Mistake Bank
Every wrong answer is saved for targeted re-drill. The system resurfaces your mistakes until they stick.
Native on iOS & Mac
Built with SwiftUI, not a web wrapper. Instant load, offline support, hardware-speed rendering.
Sample CPA REG Practice Questions
Q1.What percentage of Diane's Social Security benefits is includible in gross income?
- 0%
- 50%
- 85%Correct
- 100%
Diane is single. Her provisional income of $131,400 exceeds $34,000 (the second tier threshold for single filers). When provisional income exceeds $34,000, up to 85% of Social Security benefits are taxable.
Q2.The lease with Bennett Consulting (4,200 sq ft, $22/sq ft, $12,000 TI allowance) is MOST LIKELY binding on Norwood because:
- Salinas had actual authority to sign this lease, as all terms fell within his authorized limits.
- Salinas had apparent authority, because Bennett reasonably believed Salinas had authority based on his position.
- The lease was ratified by Cross on July 15, making the original authority question moot.
- Both A and C — Salinas had actual authority AND Cross ratified the lease.Correct
The Bennett lease falls entirely within Salinas's actual authority: 4,200 sq ft (under 5,000 limit), $22/sq ft (within $18-$24 range), and $12,000 TI allowance (under $15,000 limit). Cross also ratified the lease on July 15, providing an independent basis for enforceability.
Q3.William Tate filed his 2022 return on March 5, 2023, before the April 15, 2023 due date. Under §6501(b)(1), when does the 3-year general statute of limitations begin to run?
- March 5, 2023, the date the return was actually filed.
- April 15, 2023, because an early-filed return is deemed filed on the due date.Correct
- January 1, 2023, the first day of the tax year.
- March 5, 2026, three years after the actual filing date.
Under §6501(b)(1), if a return is filed before its due date, the return is deemed filed on the due date. Since William filed on March 5, 2023, but the due date was April 15, 2023, the statute begins running on April 15, 2023.
CPA REG Frequently Asked Questions
What does CPA REG stand for?
CPA REG stands for CPA Exam — Regulation (REG). It is administered by AICPA / NASBA.
Who administers the CPA REG?
The CPA Exam — Regulation (REG) (CPA REG) is administered by AICPA / NASBA. For official information, visit the AICPA / NASBA website.
How many questions is the CPA REG?
The CPA REG consists of 76 questions. Candidates are given 4 hours to complete the exam.
How many practice questions does C3RT have for the CPA REG?
The C3RT app includes 18,775 practice questions for the CPA REG, 2,135 concept reels, and 2,157 concept cards.
What is the passing score for the CPA REG?
The passing score for the CPA REG is 75 (scaled), as set by AICPA / NASBA. Scoring methodology and passing standards may be updated periodically. Always verify current requirements with the governing body.
How much does the CPA REG exam cost?
The CPA REG exam fee is $238.15 USD (NASBA; varies by jurisdiction). This fee is set by AICPA / NASBA and may vary by testing centre, region, or membership status. Additional fees for registration or rescheduling may apply.
What is the CPA REG pass rate?
The national pass rate for CPA REG is approximately 55–60%, making it one of the harder CPA exam sections alongside FAR.
Does the CPA REG exam include simulations?
Yes. The REG section includes task-based simulations (TBS) that require you to research the Internal Revenue Code, prepare tax computations, and analyze scenarios.
How hard is the CPA REG section?
The CPA Exam REG (Regulation) section is considered moderately to highly difficult. Pass rates hover around 55–65%, among the lower rates of the four CPA sections. REG covers both federal taxation (a large, complex body of law) and business law, making the content especially broad.
What are the eligibility requirements for the CPA exam?
Requirements vary by state, but candidates generally need 150 semester credit hours (including a bachelor's degree), specific accounting and business course requirements, and often at least one year of supervised work experience before receiving the CPA license. Candidates can typically begin testing before completing the experience requirement.
How long should I study for CPA REG?
Most CPA candidates allocate 100–150 hours of study for REG. The section has two major components: federal taxation (individual, corporate, partnership, and S corporation tax — approximately 60–65% of the exam) and business law (contracts, agency, debtor-creditor relationships, and federal securities regulation — 35–40%). Taxation topics typically require the most preparation time.
What does CPA licensure allow me to do?
Licensed CPAs can perform audits and attest services, sign tax returns as preparers, provide financial planning and consulting, serve as controllers or CFOs, and represent clients in IRS matters. The CPA license is the gold standard credential for accounting and opens doors to public accounting, corporate finance, government, and nonprofit sectors.
What is the CPA REG retake policy?
CPA candidates can retake a failed section after a mandatory waiting period (now reduced to any time a new testing window opens under the 2024 Continuous Testing model). A passed section score is valid for 30 months (18 months in some jurisdictions before the 2024 model). Candidates must pass all four sections within the rolling window.
How does the CPA REG section compare to the SEE?
Both REG and the SEE cover federal taxation, but CPA REG also includes significant business law content and has a higher overall difficulty bar. The SEE is specifically for Enrolled Agent credentialing and is solely tax-focused. A CPA who has passed REG has substantial overlap with EA tax knowledge but the two credentials serve different purposes — CPAs have broader accounting authority while EAs have unlimited IRS representation rights.
How is the CPA REG section scored?
CPA REG is scored on a 0–99 scale with 75 as the passing score. The score combines performance on multiple-choice questions (50% weight) and task-based simulations (50% weight). Scores are released by NASBA during scheduled score release windows.
What are the CPA continuing education requirements?
Most states require 40 hours of CPE per year (or 80 hours per 2-year cycle), including mandatory ethics education. CPAs who provide auditing services may have additional peer review and government auditing standards training requirements.
C3RT is a native iOS and macOS exam preparation platform covering the CPA Exam — Regulation (REG) (CPA REG), a Finance & Accounting certification, administered by AICPA / NASBA. C3RT is not affiliated with or endorsed by AICPA / NASBA. Certification names and trademarks are the property of their respective organisations. For official exam registration, eligibility requirements, and content outlines, visit the AICPA / NASBA official website ↗ .