• Exam Code: BEC
  • Exam Name: CPA Business Environment and Concepts
  • Certification Provider: AICPA
  • Corresponding Certification:AICPA Certification
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Certification Path of the AICPA BEC: CPA Business Environment and Concepts Exam

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AICPA BEC Exam Syllabus Topics:

SectionWeightObjectives
Financial Management11–21%- Capital budgeting and valuation
- Financial risk management
- Cost of capital and financing
- Working capital management
Economic Concepts and Analysis17–27%- Global economy and foreign exchange
- Macroeconomics and business cycles
- Microeconomics and market structures
- Economic effects on business strategy
Corporate Governance17–27%- Governance policies and procedures
- Internal control framework (COSO, ERM)
- Business processes and internal controls
- Risk assessment and management
Information Technology15–25%- IT governance and controls
- Cybersecurity and data management
- Emerging technologies and business use
- System development and maintenance
Operations Management15–25%- Performance measurement and management
- Planning and budgeting techniques
- Process improvement and quality control
- Cost accounting and variance analysis

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