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Table Of Contents

Purpose
Structure
Types of Questions
Auditing and Attestation—4 Hours
Financial Accounting and Reporting—4 Hours
Regulation—3 Hours
Business Environment and Concepts—3 Hours
NEW RESEARCH TASK FORMAT (2010)
SKILL SPECIFICATION OUTLINES (SSOs)
Weights
Knowledge and Understanding
Application of the Body of Knowledge
Written Communication
Outlines
AUDITING AND ATTESTATION (AUD) 9
A Few Interesting Facts about the Computerized Exam
AUDITING AND ATTESTATION (AUD)
Auditing and Attestation Content Specification Outline
FINANCIAL ACCOUNTING AND REPORTING (FAR)
References—Financial Accounting and Reporting
REGULATION (REG)
Regulation Content Specification Outline
BUSINESS ENVIRONMENT AND CONCEPTS (BEC) 19
BUSINESS ENVIRONMENT AND CONCEPTS (BEC)
Business Environment and Concepts Content Specification Outline
References—Business Environment and Concepts
CBTe—EXAM CHANGES EFFECTIVE 01/01/2011
Summary of 01/01/2011 CSO Changes
New Material—Auditing and Attestation Section 23
NEW MATERIAL—AUDITING AND ATTESTATION SECTION
International Ethics Standards for Accountants
Independence Standards of the Governmental Accountability Office (GAO)
Department of Labor Independence Requirements
International Auditing and Assurance Standards
QUESTIONS ON THE NEW AUDITING AND ATTESTATION MATERIAL
ANSWER EXPLANATIONS FOR THE NEW AUDITING AND ATTESTATION MATERIAL 29
ANSWER EXPLANATIONS FOR THE NEW AUDITING AND ATTESTATION MATERIAL
EXAMPLES OF THE NEW TASK-BASED SIMULATIONS—AUDITING AND ATTESTATION
QUESTIONS
Task-Based Simulation 1
Task-Based Simulation 2
Task-Based Simulation 3
ANSWER EXPLANATIONS FOR THE NEW TASK-BASED SIMULATIONS
Solution to Task-Based Simulation 1
RESHUFFLED MATERIAL—AUDITING AND ATTESTATION SECTION 33
Solution to Task-Based Simulation 2
Solution to Task-Based Simulation 3
RESHUFFLED MATERIAL—AUDITING AND ATTESTATION SECTION
Professional Responsibilities
QUESTIONS ON PROFESSIONAL RESPONSIBILITIES 55
QUESTIONS ON PROFESSIONAL RESPONSIBILITIES
EXAMPLES OF THE NEW TASK-BASED SIMULATIONS—PROFESSIONAL RESPONSIBILITY
SIMULATIONS
Task-Based Simulation 4
Task-Based Simulation 5
Task-Based Simulation 6
MULTIPLE-CHOICE ANSWER EXPLANATIONS 63
MULTIPLE-CHOICE ANSWER EXPLANATIONS
SOLUTIONS TO SIMULATIONS
RESHUFFLED MATERIAL—AUDITING AND ATTESTATION SECTION 69
Sarbanes-Oxley Act of 2002
New Material—Financial Accounting and Reporting Section 72
NEW MATERIAL—FINANCIAL ACCOUNTING AND REPORTING SECTION
International Financial Reporting Standards (IFRS)
SEC Reporting Requirements
QUESTIONS ON THE NEW FINANCIAL ACCOUNTING AND REPORTING MATERIAL 91
Financial Statements of Trusts
QUESTIONS ON THE NEW FINANCIAL ACCOUNTING AND REPORTING MATERIAL
ANSWER EXPLANATIONS FOR THE NEW FINANCIAL ACCOUNTING AND REPORTING MATERIAL
EXAMPLES OF THE NEW TASK-BASED SIMULATIONS—FINANCIAL ACCOUNTING 101
EXAMPLES OF THE NEW TASK-BASED SIMULATIONS—FINANCIAL ACCOUNTING AND REPORTING
Examples of the New Task-Based Simulations—Regulation 105
EXAMPLES OF THE NEW TASK-BASED SIMULATIONS—REGULATION
RESHUFFLED MATERIAL—REGULATION SECTION 109
Explanation of Solutions
RESHUFFLED MATERIAL—REGULATION SECTION
Business Structure
MULTIPLE-CHOICE QUESTIONS
ANSWER EXPLANATIONS
New Material—Business Environment and Concepts Section 152
NEW MATERIAL—BUSINESS ENVIRONMENT AND CONCEPTS SECTION
Corporate Governance and Internal Controls
Enterprise Risk Management
Business Process Management and Systems Design
Project Management
Asset and Liability Valuation
Economic Globalization
QUESTIONS ON NEW BUSINESS ENVIRONMENT AND CONCEPTS MATERIAL
ANSWER EXPLANATIONS FOR NEW BUSINESS ENVIRONMENT AND CONCEPTS MATERIAL 171
ANSWER EXPLANATIONS FOR NEW BUSINESS ENVIRONMENT AND CONCEPTS MATERIAL
EXAMPLE TASK-BASED SIMULATIONS—BUSINESS ECONOMICS AND CONCEPTS 175
EXAMPLE TASK-BASED SIMULATIONS—BUSINESS ECONOMICS AND CONCEPTS
P. 1
Wiley CPA Exam Review 2011 Update

Wiley CPA Exam Review 2011 Update

Ratings: (0)|Views: 1,590|Likes:
Published by Wiley
The 2011 CPA exam?demystified

Wiley CPA Exam Review 2011 Update covers the changes toall four sections of the the 2011 CBT-e exam in a comprehensive,detailed manner, to help CPA candidates deal with the new exam?andpass on the first try.

Covers the changes to all four sections of the 2011 CBT-eexam Equips CPA candidates with a firm grasp of the new content andtest format Written by one of the country's most dynamic and successful CPAPrep providers?whose students boast an impressive pass rate of 86%on their first try

Candidates are desperate for a book to tell them exactly whathas changed on the new CPA exam, and what didn't. The answers areall here in Wiley CPA Exam Review 2011 Update.

The 2011 CPA exam?demystified

Wiley CPA Exam Review 2011 Update covers the changes toall four sections of the the 2011 CBT-e exam in a comprehensive,detailed manner, to help CPA candidates deal with the new exam?andpass on the first try.

Covers the changes to all four sections of the 2011 CBT-eexam Equips CPA candidates with a firm grasp of the new content andtest format Written by one of the country's most dynamic and successful CPAPrep providers?whose students boast an impressive pass rate of 86%on their first try

Candidates are desperate for a book to tell them exactly whathas changed on the new CPA exam, and what didn't. The answers areall here in Wiley CPA Exam Review 2011 Update.

More info:

Publish date: Nov 17, 2010
Added to Scribd: Dec 10, 2010
Copyright:Traditional Copyright: All rights reservedISBN:9781118016374
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