CPA_reform - Update on the Uniform CPA Examination February...

Info iconThis preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon
1 Update on the Uniform CPA Examination February 5, 2010 Elaine Rodeck, Ph.D., CPA, CA, MBA Director of Examinations Strategy, AICPA
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Overview of The CPA Exam 2 Section Time (Hours) Content General Description AUD 90 MCQs 2 Simulations Knowledge of auditing procedures, generally accepted auditing standards and other standards related to attest engagements. FAR 4 90 MCQs 2 Simulations Knowledge of generally accepted accounting principles for business enterprises, not-for- profit organizations, and governmental entities. REG 3 72 MCQs 2 Simulations Knowledge of federal taxation, ethics, professional and legal responsibilities, and business law. BEC 90 MCQs only Knowledge of general business environment and business concepts that candidates need to know to understand the underlying business reasons for and accounting implications of business transactions
Background image of page 2
Background – Purpose of CSOs/SSOs ± Statements of knowledge and skills measured by the CPA Exam ± Ensures testing is consistent across Exam administrations ± “Blueprint” for the type of questions that can be asked ± Ensures every version reflects the required distribution of ± Provides candidates with information regarding what can be tested 3
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Practice Analysis - Background ± In its oversight role, the BOE must ensure that the Exam is consistent with the knowledge and skills requirements of entry-level CPAs ± 2008 Practice Analysis identified changes in important knowledge and skills for entry-level CPAs since the last practice analysis was completed (2000) ± Multi-year process that began in 2006 ± Complete details of Practice Analysis, including www.cpa-exam.org 4
Background image of page 4
± Survey developed using input from the prior survey and augmented based on the contribution from practicing CPA’s ± Target sample was individuals who supervise entry- level CPAs ± Sample was drawn from CPAs certified between 2-15 years ± Invited AICPA members and licensees submitted by State Boards of Accountancy to volunteer to participate . 2,023 of 3,079 eligible AICPA members (66%) responded
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 6
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 09/29/2011 for the course ACCT 302 taught by Professor Staff during the Spring '11 term at S.F. State.

Page1 / 24

CPA_reform - Update on the Uniform CPA Examination February...

This preview shows document pages 1 - 6. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online