The Certified Public Accountant (CPA) Exam is the examination that individuals must pass in order to qualify for licensure as a CPA in the U.S. The exam is designed to test the knowledge and skills that a newly licensed CPA must demonstrate. This includes topics in Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG). Given the comprehensive nature of the subjects covered, the CPA Exam is known to be highly challenging.