FAR  Financial Reporting - financial reporting, financial statements, cash flow statement, income statement, balance sheet and how to account for assets/liabilities, equity, cash/investments, receivables, inventories, fixed assets, depreciation, intangible assets, accounts payable, taxes, employee benefits, long term debt, leases, business combinations and consolidated financial reporting, derivatives/hedging, governmental accounting, non-profit accounting, IFRS vs. GAAP

BEC  Business Environment - corp. governance, economics, globalization, risk management, forecasting, analysis, working capital, short term financing and capital budgeting, systems, software, it security, strategic planning and budgeting, performance measurement, process management, cost accounting

AUD  Audit - audit and attestation, ethics, some instruction how to audit

REG Regulations/tax - ethics, CPAs and the law, individual tax, self-employment, deductions to take, corporate tax computations, S Corps, partnerships and exempt organizations, estates, trusts, tax planning, corporations, agency and regulations, contract accounting, debtor-creditor relationships