What topics are on the CPALE FAR exam, and how are they weighted?
Non-financial Assets is the largest topic in CPALE Financial Accounting and Reporting, at 14 of the 70 items (20.00%). Cash and other Financial Assets, Shareholders’ Equity and Other Topics follow at 10 items each.
| Topic | Weight | Items | |
|---|---|---|---|
| A | Development of Financial Reporting Framework, Standard-Setting Bodies and Regulation of the Accountancy Profession | 5.71% | 4 |
| B | Conceptual Framework, Accounting Process and Presentation of Financial Statements | 12.86% | 9 |
| C | Cash and other Financial Assets | 14.29% | 10 |
| D | Non-financial Assets | 20.00% | 14 |
| E | Financial Liabilities | 5.71% | 4 |
| F | Non-financial Liabilities, Provisions and Contingencies | 5.71% | 4 |
| G | Shareholders’ Equity | 14.29% | 10 |
| H | Other Topics (share-based payments, leases, income tax, employee benefits, interim reporting, operating segments) | 14.29% | 10 |
| I | Other Reporting Frameworks | 7.14% | 5 |
| Total | 100% | 70 |
The Table of Specifications sets the difficulty mix at 30% easy (remembering and understanding), 40% moderate (applying) and 30% difficult (analyzing, evaluating and creating). Weights are shown as printed in the Table of Specifications and are rounded; item counts are exact.
See also all six CPALE subjects, item counts and which Table of Specifications applies.
Sources
Last verified October 10, 2026 against the documents above. LisensyaLab is an independent review app and is not affiliated with the Professional Regulation Commission; check prc.gov.ph for official notices.
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