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The Free US CPA Study Library
Free, exam-focused study material, revision notes, and practice questions for every CPA section — organized topic by topic.
- 6 sections
- 93 topics
- 1,025 practice MCQs
- Updated 24 October 2026
Independent and written against the AICPA's exam Blueprints — every official fact links to its source.
What do you want to study?
Every candidate takes the three Core sections. Then you choose one Discipline.
Core sections
Financial Accounting and Reporting
20 topics · ~140 hrs · Hard
Study material · Revision · 200 MCQs
Auditing and Attestation
18 topics · ~110 hrs · Hard
Study material · Revision · 184 MCQs
Taxation and Regulation
18 topics · ~130 hrs · Hard
Study material · Revision · 180 MCQs
Discipline — choose one
Business Analysis and Reporting
13 topics · ~90 hrs · Hard
Study material · Revision · 151 MCQs
Information Systems and Controls
12 topics · ~80 hrs · Medium
Study material · Revision · 153 MCQs
Tax Compliance and Planning
12 topics · ~85 hrs · Hard
Study material · Revision · 157 MCQs
How to use SimplyCPA
Study. Revise. Practise.
One loop, repeated topic by topic until you're ready for the exam.
Study
Complete, exam-oriented explanations for every topic — headings, tables, worked examples, and callouts.
Browse topicsRevise
A separate 5-minute quick sheet per topic — the key rules, formulas and exam traps, not a second copy of the full material.
Open quick sheetsPractise
Topic-specific MCQs with full explanations, graded on the server so answers are never exposed early.
Try today's question
Then back to Study for the next topic.
Question of the Day
One question. Every day.
A company using FIFO holds inventory costing $50,000 with an estimated selling price of $54,000 and disposal costs of $6,000. At what amount should the inventory be reported?
New here?
Start Here
New to the US CPA? Seven steps from “never heard of it” to your first day of studying.
CPA for Indian Students
Eligibility, evaluation, and cost — explained plainly
State selection, credential evaluation, NASBA, NIES, international testing — the actual process for Indian CA students, commerce graduates, and working professionals.
8 Indian testing cities
Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, New Delhi and Thiruvananthapuram (Trivandrum).
Credential evaluation first
Your degrees need evaluating by an agency your state board accepts before it will make you eligible.
Real, changing costs
Application, exam, and international administration fees vary by state and change — always verify with NASBA.
12–18 months, typically
Most working Indian candidates finish all four sections in 12–18 months of consistent study.
📡 CPA Radar
What changed recently
Blueprint changes, policy updates, and deadlines — each one dated and sourced.
Most boards now allow 30 months to pass all four sections
The 120-credit licensure pathway is spreading
Fee figures vary across sources — verify directly with NASBA
Discipline sections remain limited to four testing windows a year
Common questions
Frequently asked questions
Knowledge Centre
From the blog
Matching, Substance Over Form and Conservatism: Famous Accounting Principles Explained
The accounting principles everyone has heard of — matching, accrual, going concern, substance over form, consistency and conservatism — and how they fit (or don't) in FASB's current conceptual framework.
Segregation of Duties Explained: Authorisation, Custody and Recording
Why no one person should control a transaction from start to finish, the three duties to keep apart, what it means in IT systems, and what small companies do when they can't separate them.
Professional Skepticism in Auditing: What It Means and How It's Tested
Professional skepticism explained simply — the questioning mind auditors must keep, how it differs from professional judgment, where it matters most, and the exam traps.