The REG (Regulations) section of the CPA exam aims to test candidates’ understanding of taxation. The REG CPA Exam has two areas – taxation and law. Although the topics are relatively similar, each case is pervasive.

REG enables candidates to have a firm understanding of tax concepts along with a practical application of the concepts. Candidates without any taxation experience or for whom memorizing tax facts and data section is not a forte may find this section particularly difficult.

The REG syllabus for CPA USA is organized and covered under the following major portions-

• Ethics, Professional, and Legal Responsibilities (15% -19%)
• Business Law (17% – 21%)
• Federal Tax Process, Procedures, Accounting, and Planning (11% – 15%)
• Evaluating Audit findings, communications & reporting (16-20%)
• Federal Taxation of Property Transactions (12% – 16%)
• Federal Taxation of Individuals (13% – 19%)
• Federal Taxation of Entities (18% – 24%)