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Updated: Jun 5th, 2010
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Product Description Exam Number/Code: ABA
Exam Number/Code: ABA
Exam Name: Accredited Business Accountant
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Information Regarding ABA Exam
The Comprehensive Examination for Accreditation in Accountancy is a one-day, seven-hour exam that tests the technical proficiency of candidates in financial accounting, financial reporting, financial statement preparation, taxation, business consulting services, business law and ethics.
Emphasis is on a practical approach to public accounting. The exam is divided into two parts: Practice 1 (also referred to as the morning, or AM, session) and Practice 2 (the afternoon, or PM, session).
Practice 1 consists of 100 multiple choice questions to be completed in 3½ hours. It covers financial accounting and financial statement preparation, presentation and reporting.
Practice 2 consists of 100 multiple choice questions to be completed in 3½ hours. It covers the following topics: taxation, business law, business accounting and ethics.
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