- Exam Code: AA
- Exam Name: Audit & Insurance
- Updated: Sep 12, 2026
- Q & A: 80 Questions and Answers
In order to study for the Certified Public Accountant (CPA) Exam, use the exam blueprints and study resources by accessing the links at the bottom of this document. Use the material on the internet to learn all the exam contents in detail and then take the practice sample tests through the AICPA website. The “Help” button on each sample test provides a link to tutorial topics that can be further used to gain more in-depth knowledge. Students are highly encouraged to join AICPA's Certification community where they can join students from all over the world and learn together. CPA exam dumps are highly recommended for candidates as they are the best study materials. For further exam self-study materials, refer to the links down below.
As always, We recommend a combination of hands-on experience, completion of the training course, and self-study in the areas described in the Exam Outline section of this exam guide as preparation for this exam. After all sorts of study, test your understanding by taking the CPA practice exams. Hover on to AICPA's Website and take a look at study materials provided for the exam. Check for the topics mentioned in the Exam Outline section of this guide to review the online documentation, tip sheets, and user guides and study the details relevant to those topics. Refer to the links at the end of this document for more study material.
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In the accounting industry, any aspiring accountant who wants to sit for the CPA Exam must have significant post-secondary education. For most test managers, a bachelor's degree from an accredited institution used to be enough.
However, today's developments in accounting technology and new compliance laws mean that in addition to 30 hours of graduate education, the AICPA has changed the educational requirement to include 120 semester hours in a bachelor's degree accounting program. In most US nations, these standards are implemented. As a result, a master's degree in the field or a similar industry is required for most aspiring accountants wanting to take this exam.
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| Section | Objectives |
|---|---|
| Internal Controls | - Internal control systems and components - Control testing and evaluation |
| Audit and Assurance Fundamentals | - Nature and purpose of audit and assurance - Types of assurance engagements |
| Audit Planning and Risk Assessment | - Materiality and audit strategy - Risk of material misstatement - Understanding the entity and its environment |
| Audit Evidence and Procedures | - Sampling and substantive testing - Audit procedures and techniques |
| Professional Ethics and Legal Responsibilities | - APES 110 Code of Ethics - Auditor independence and professional conduct |
| Audit Reporting | - Modifications to audit opinion - Audit opinions and reports |
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