Log inSign up
CPA Regulation Reg · Lessons

CPA Regulation Reg lessons

5 sections · 54 skills · work through the full outline skill by skill — read the long-form lesson or flip through the slide-style version.
Long-form lessonsSlide-style lessons

CPA Regulation Reg

Practice 54 skills across this outline.

Recommended next
Identify Taxpayer And Practitioner Penalties
Ethics, Professional Responsibilities, And Federal Tax Procedures · Federal Tax Procedures
Long-form lesson
Weighting distribution
15 categories
Federal Taxation Of Individuals
20%
Ethics, Professional Responsibilities, And Federal Tax Procedures · Federal Tax Procedures
13%
Federal Taxation Of Property Transactions · Property Transactions
10%
Federal Taxation Of Property Transactions · Depreciation and Amortization
10%
Ethics, Professional Responsibilities, And Federal Tax Procedures · Ethics And Responsibilities
7%
Federal Taxation Of Entities · Partnerships
6%

Skills

The comprehensive taxonomy of cpa regulation reg — drill into a card to work its skills.

Ethics, Professional Responsibilities, And Federal Tax Procedures · Federal Tax Procedures

6 core skills13% total weight
0/6 completed
6 skills to mastery
1
Identify Taxpayer And Practitioner PenaltiesRecommended
Long-form
2
Identify Taxpayer Rights And RemediesAvailable
Long-form
3
Determine Filing Requirements And Due DatesAvailable
Long-form
4
Amended Returns And Refund ClaimsAvailable
Long-form
5
Apply IRS Audit And Appeals ProceduresAvailable
Long-form
6
Apply Statute Of Limitations RulesAvailable
Long-form

Ethics, Professional Responsibilities, And Federal Tax Procedures · Ethics And Responsibilities

3 core skills7% total weight
0/3 completed
3 skills to mastery
1
AICPA StatementsAvailable
Long-form
2
Apply Circular 230 StandardsAvailable
Long-form
3
Ethical And Professional ResponsibilitiesAvailable
Long-form

Federal Taxation Of Entities · S Corporations

2 core skills3% total weight
0/2 completed
2 skills to mastery
1
Determine S Corporation Eligibility And ElectionsAvailable
Long-form
2
S Corporation Income And Loss RulesAvailable
Long-form

Federal Taxation Of Entities · Partnerships

3 core skills6% total weight
0/3 completed
3 skills to mastery
1
Determine Partnership Basis And Capital AccountsAvailable
Long-form
2
Allocate Partnership Income And LossesAvailable
Long-form
3
Apply Partnership Distributions And LiquidationsAvailable
Long-form

Federal Taxation Of Entities · C Corporations

3 core skills5% total weight
0/3 completed
3 skills to mastery
1
Account For Corporate DistributionsAvailable
Long-form
2
Apply Corporate Tax CreditsAvailable
Long-form
3
Determine C Corporation Taxable IncomeAvailable
Long-form

Federal Taxation Of Entities · Trusts, Estates, And Exempt Organizations

4 core skills6% total weight
0/4 completed
4 skills to mastery
1
Apply Income Distribution Deduction RulesAvailable
Long-form
2
Apply Unrelated Business Income Tax RulesAvailable
Long-form
3
Determine Qualification For Tax-Exempt StatusAvailable
Long-form
4
Determine Taxation Of Trusts And EstatesAvailable
Long-form

Business Law · Sales

2 core skills3% total weight
0/2 completed
2 skills to mastery
1
Rights/Obligations Of Buyers And SellersAvailable
Long-form
2
Apply UCC Article 2 Sales ProvisionsAvailable
Long-form

Business Law · Business Structures

3 core skills3% total weight
0/3 completed
3 skills to mastery
1
Apply Formation And Termination RulesAvailable
Long-form
2
Determine Rights And Duties Of OwnersAvailable
Long-form
3
Identify Characteristics Of Business EntitiesAvailable
Long-form

Business Law · Contracts

4 core skills4% total weight
0/4 completed
4 skills to mastery
1
Apply Remedies For Breach Of ContractAvailable
Long-form
2
Determine Enforceability Of ContractsAvailable
Long-form
3
Identify Defenses To Contract EnforcementAvailable
Long-form
4
Required Elements Of A Valid ContractAvailable
Long-form

Business Law · Secured Transactions and Bankruptcy

4 core skills4% total weight
0/4 completed
4 skills to mastery
1
Attachment And Perfection Of Security InterestsAvailable
Long-form
2
Determine Priority Of Security InterestsAvailable
Long-form
3
Types And Effects Of Bankruptcy ProceedingsAvailable
Long-form
4
UCC Article 9 Secured Transaction RulesAvailable
Long-form

Business Law · Commercial Paper

3 core skills4% total weight
0/3 completed
3 skills to mastery
1
Defenses To Payment Of Negotiable InstrumentsAvailable
Long-form
2
Determine Holder In Due Course StatusAvailable
Long-form
3
Identify Negotiable InstrumentsAvailable
Long-form

Business Law · Agency

2 core skills2% total weight
0/2 completed
2 skills to mastery
1
Determine Principal And Agent LiabilityAvailable
Long-form
2
Identify Agency Relationships And AuthorityAvailable
Long-form

Federal Taxation Of Property Transactions · Property Transactions

5 core skills10% total weight
0/5 completed
5 skills to mastery
1
Adjust Basis For Depreciation And ImprovementsAvailable
Long-form
2
Apply Like-Kind Exchange RulesAvailable
Long-form
3
Apply Involuntary Conversion RulesAvailable
Long-form
4
Determine Initial Basis Of PropertyAvailable
Long-form
5
Gain/Loss On Disposition Of PropertyAvailable
Long-form

Federal Taxation Of Property Transactions · Depreciation and Amortization

3 core skills10% total weight
0/3 completed
3 skills to mastery
1
Amortize Intangible AssetsAvailable
Long-form
2
Apply Section 179 And Bonus DepreciationAvailable
Long-form
3
Calculate Depreciation Using MACRSAvailable
Long-form

Federal Taxation Of Individuals

7 core skills20% total weight
0/7 completed
7 skills to mastery
1
Apply Capital Gain And Loss RulesAvailable
Long-form
2
Apply Individual Tax CreditsAvailable
Long-form
3
Apply Adjustments To Gross IncomeAvailable
Long-form
4
Determine Allowable Itemized DeductionsAvailable
Long-form
5
Determine Alternative Minimum TaxAvailable
Long-form
6
Determine Filing Status And DependencyAvailable
Long-form
7
Determine Items Included In Gross IncomeAvailable
Long-form