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For more info read reference:

REG Section Blueprint (effective July 1, 2019) CPA Exam Study Materials - aicpa

Reference: http://www.aicpa.org/BecomeACPA/CPAExam/ForCandidates/FAQ/Pages/computer_faqs_2.aspx

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AICPA CPA-Regulation Exam Syllabus Topics:

SectionWeightObjectives
Ethics, Professional Responsibilities, and Federal Tax Procedures10-20%- Treasury Department Circular 230
- Tax preparer penalties and due diligence
- Ethics and responsibilities in tax practice
- Privileged communications and disclosure rules
- Federal tax audit and appeal procedures
Federal Taxation of Property Transactions12-22%- Recognition of gains and losses
- Cost recovery: depreciation, amortization, depletion
- Capital vs ordinary asset classification
- Like-kind exchanges and involuntary conversions
- Asset basis and holding periods
Federal Taxation of Entities23-33%- Gift, estate, and trust taxation
- Tax-exempt organizations
- Partnerships and LLCs
- Book-tax differences
- C corporations and S corporations
Business Law15-25%- Business structure legal characteristics
- Debtor-creditor relationships and bankruptcy
- Contract formation and performance
- Agency relationships and authority
- Employment and federal business regulations
- Uniform Commercial Code (UCC) articles
Federal Taxation of Individuals22-32%- Filing status and dependency rules
- Tax credits and alternative minimum tax
- Loss limitations and carryovers
- Gross income inclusions and exclusions
- Adjustments, deductions, and exemptions

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