Handbook for the Federal Accounting Council Proficiency Exam

A Comprehensive Guide to Passing the FACPE

The Federal Accounting Council Proficiency Exam (FACPE) is a challenging exam that tests the knowledge and skills of federal accountants. Passing the FACPE is a requirement for many federal accounting positions, and it can also be a valuable credential for those seeking to advance their careers in the federal government.

The Handbook for the Federal Accounting Council Proficiency Exam is a comprehensive study guide that will help you prepare for and pass the FACPE. This book covers all of the topics that are tested on the exam, and it provides detailed explanations of the concepts and procedures that you need to know. The book also includes practice questions and answers, so you can test your knowledge and identify areas where you need more review.

Why You Should Buy This Book

If you are planning to take the FACPE, the Handbook for the Federal Accounting Council Proficiency Exam is a must-have resource. This book will give you the knowledge and confidence you need to pass the exam and advance your career in the federal government.

Here are just a few of the reasons why you should buy this book:

• Comprehensive coverage of all FACPE topics: The book covers all of the topics that are tested on the exam, so you can be sure that you are fully prepared.
• Detailed explanations of concepts and procedures: The book provides detailed explanations of the concepts and procedures that you need to know, so you can understand the material and apply it to your work.
• Practice questions and answers: The book includes practice questions and answers, so you can test your knowledge and identify areas where you need more review.
• Written by a federal accounting expert: The book is written by a federal accounting expert who has years of experience in the field. This means that you can be confident that the information in the book is accurate and up-to-date.

Don't Wait, Order Your Copy Today!

The Handbook for the Federal Accounting Council Proficiency Exam is the essential study guide for anyone who wants to pass the FACPE and advance their career in the federal government. Order your copy today and start preparing for success!

Table of Contents

• Chapter 1: Introduction to the FACPE
  • Overview of the FACPE
  • Eligibility requirements
  • Exam format
  • Scoring
• Chapter 2: Federal Accounting Basics
  • The federal budget process
  • Federal accounting principles
  • Financial statements
  • Internal controls
• Chapter 3: Fund Accounting
  • Types of funds
  • Fund balance reporting
  • Interfund transactions
• Chapter 4: Cost Accounting
  • Cost concepts
  • Cost allocation methods
  • Job costing
  • Process costing
• Chapter 5: Governmental Accounting Standards Board (GASB) Standards
  • Overview of GASB
  • GASB standards applicable to federal accounting
• Chapter 6: Federal Acquisition Regulations (FAR)
  • Overview of the FAR
  • FAR requirements for federal contracts
• Chapter 7: Federal Financial Management Improvement Act (FFMIA)
  • Overview of the FFMIA
  • FFMIA requirements for federal accounting
• Chapter 8: Practice Questions and Answers
  • Practice questions covering all FACPE topics
  • Answers and explanations

About the Author

Alberto Manoel Scherrer is a federal accounting expert with over 20 years of experience in the field. He has held various positions in the federal government, including Chief Financial Officer and Comptroller. He is also a Certified Public Accountant (CPA) and a Certified Government Financial Manager (CGFM).