Roger CPA Review just received confirmation from an AICPA representative that beginning 2014 Q1, the extant standards (AUs) will no longer be tested on the AUD section of the Uniform CPA Examination

Read Full Entry
The CPA Exam is no stranger to change. This year, the AUD Exam faces big changes, all of which fall under the initiative titled the Clarity Project. These changes will occur throughout Audit, predominantly with Audit Reports. No need to fret - Roger CPA Review is currently updating the Audit Course to reflect these new clarity standards, so you will be prepared come exam day.
Read Full Entry

We've been keeping everyone updated on the changes to the CPA Exam that are taking effect Jan 1st 2011, but we thought it would be helpful to put together a guide on what all the changes mean for those who are still in process of taking the Exam. Below is a list of the most frequently asked questions and our answers:

How will the CPA Exam be different in 2011?

In 2011 the CPA Exam will be changing in two ways--the entire exam will be formatted differently and new content on International Standards will be introduced to different sections of the Exam. We've outlined all the details here.

How will IFRS be tested on the CPA Exam?

IFRS is going to be incorporated into FAR, AUD, and BEC. Below is a list of the possible questions types that will be in each section from our previous blog post.

Read Full Entry

ifrs-2011-cpa-exam-changesMore details on the introduction of International Financial Reporting Standards (IFRS) to the CPA Exam in 2011 have just been released! Keep in mind this is just a guideline on how the new content will most likely be introduced. These updates have been presented by the AICPA using language such as, "students may be asked" and "another possible topic will be" so the best approach to prepare yourself for these changes is to familiarize yourself with the topics listed below or enroll in a CPA review course that will provide you with updated materials. Due to the uncertainty of how the potential use of IFRS by U.S. Companies will affect U.S.

Read Full Entry

The mood was upbeat at this year's AICPA Course Provider Meeting in New York. Despite the tumultuous financial climate, CPAs and CPA candidates can look forward to some exciting developments in the months to come.

 

Highlights of the meeting included:

  • Release of the newest AICPA questions. Expect to see these in our books and lecture materials in the very near future.
  • More CPA candidates are attempting the exam than ever before. Over 247,000 sections were registered for, by more than 87,000 individuals.
  • Pass rates have shown modest improvement, overall, but still remain in the 45% - 50% range.

 

Read Full Entry

Not content to rest on their past accomplishments, the AICPA Board of Examiners recently ok'd a dramatic overhaul of the Content Specification Outlines (CSOs) for the CPA Exam. The newly approved outlines are set to more accurately test the skills and knowledge of today's entry level CPA, and will guide the creation of questions that will appear on the Exam in the coming years. In short, get ready for some serious changes.

Read Full Entry

Today, we'll continue with our CPA Exam Focus series by discussing Regulation, or REG.

For many, Regulation is second only to FAR in difficulty. However, only 42% of candidates passed the REG part of the CPA Exam in 2007, which is fewer than any of the other four parts. Knowing this, you'll want to study a little harder and concentrate a little more effort to avoid becoming part of the 58% who don't pass REG.

Read Full Entry