NINJA CPA Review - CPA Exam Notes - Study Plans

Sep 2, 2026

Uploaded by Sage

CPA exam notes organizing the preparation focus across four testing areas with proportional weightings, including the conceptual framework, key financial statement accounts, selected transactions, and governmental accounting. The material further defines learning and evaluation levels such as remembering, understanding, application, analysis, and evaluation. A detailed outline lists major accounting topics (e.g., accounting changes, bonds and debt restructures, consolidations, deferred taxes, investments and derivatives, fixed assets, and cash flows). It also provides 3-, 4-, 5-, and 6-week study plans with estimated daily reading loads.

LanguageEnglish

CategoryExam

FormatPDF

Pages80

Reading Time3 h 22 min

AccessFree to download

Exam Content Areas

Area I: Conceptual Framework, Standard-Setting and Financial Reporting

Area II: Select Financial Statements Accounts

Area III: Select Transactions

Area IV: State and Local Governments

Skill Levels and Cognitive Processes

Remembering and Understanding

Application

Analysis

Evaluation

Topic Outline

Accounting Changes

Financial Reporting

Bonds & Debt Restructure

Consolidations

Deferred Taxes

Investments & Derivatives

Fixed Assets

Governmental Accounting

Segments & Interim Reporting

Partnership Accounting

Inventory

Leases

Current Assets & Liabilities

Not-For-Profit Accounting

Financial Statement of Employee Benefit Plans

Statement of Cash Flows

Learning Plans

6-Week Plan

5-Week Plan

4-Week Plan

3-Week Plan

| Content Area | | | Allocation | | --- | --- | --- | --- | | Area I | Conceptual Framework, Standard-Setting and Financial Reporting | | 25-35% | | Area II | Select Financial Statements Accounts | | 30-40% | | Area III | Select Transactions | | 20-30% | | Area IV | State and Local Governments | | 5-15% | | | | | | | Skill Levels | | | | | Evaluation | | The examination or assessment of problems, and use of judgment to draw conclusions. | | | Analysis | | The examination and study of the interrelationships of separate areas in order to identify causes and find evidence to support inferences. | | | Application | | The use or demonstration of knowledge, concepts or techniques. | | | Remembering and Understanding | | The perception and comprehension of the
significance of an area utilizing knowledge gained. | | | I. | Accounting Changes | 6 | | --- | --- | --- | | II. | Financial Reporting | 7 | | III. | Bonds & Debt Restructure | 33 | | IV. | Consolidations | 41 | | V. | Deferred Taxes | 44 | | VI. | Investments & Derivatives | 46 | | VII. | Fixed Assets | 53 | | VIII. | Governmental Accounting | 59 | | IX. | Segments & Interim Reporting | 73 | | X. | Partnership Accounting | 75 | | XI. | Inventory | 78 | | XII. | Leases | 85 | | XIII. | Current Assets & Liabilities | 91 | | XIV. | Not-For-Profit Accounting | 94 | | XV. | Financial Statement of Employee Benefit Plans | 100 | | XVI. | Statement of Cash Flows | 102 | | Learning Plans | | | | --- | --- | --- | | 6-Week Plan | ● | Approx. 122 pages x 5 reads | | | ● | 4 weeks | | | ● | 7 days per week = Approx. 22 pages per day | | 5-Week Plan | ● | Approx. 122 pages x 5 reads | | | ● | 3 weeks | | | ● | 7 days per week = Approx. 29 pages per day | | 4-Week Plan | ● | Approx. 122 pages x 5 reads | | | ● | 2 weeks | | | ● | 7 days per week = Approx. 44 pages per day | | 3-Week Plan | ● | Approx. 122 pages x 5 reads | | | ● | 1 week | | | ● | 7 days per week = Approx. 87 pages per day |

FAQs

How are the CPA exam content areas weighted in these notes?

The notes allocate Area I at 25–35%, Area II at 30–40%, Area III at 20–30%, and Area IV at 5–15%. These proportions guide where the bulk of study effort should go.

What learning skill levels are used to evaluate understanding?

The notes define remembering and understanding, application, analysis, and evaluation. Each level describes a different cognitive skill used to answer exam problems.

What study plans are provided and what is the approximate daily reading load?

The notes include 6-week, 5-week, 4-week, and 3-week plans. Each plan estimates daily reading pages (about 22, 29, 44, and 87 pages per day, respectively).

Sep 2, 2026

Uploaded by Sage