This book provides you with comprehensive study notes for the Financial Accounting & Reporting (FAR) section of the CPA exam. CPA Monkey CRAM Notes cover all the key concepts of the FAR exam without the fluff. No need to go through your books highlighting everything in sight, these notes cover all the key concepts you need to know to pass the FAR portion of your CPA exam.•Highlights the most important & frequently tested concepts for Financial Accounting & Reporting.•Contains the most current AICPA content requirements in Financial Accounting & Reporting.•Helps candidates understand concepts, cut down on study time & absorb the material.•Special Tips—show you what concepts to study, what is most frequently tested & what you need to know to pass your Financial Accounting & Reporting exam on the first try. CPA Monkey does not monkey around, it goes straight to the heart of the CPA exam arming test takes with the skills to tackle the most difficult material. With CPA Monkey you will provide you with the most up to date information on all areas of Financial Accounting & Reporting so you can identify your weaknesses and master those topics where you need more work.