At Roger CPA Review, we are dedicated to helping our students succeed no matter what the CPA Exam may throw their way. Last time we talked about what changes were occurring on the Business Environment & Concepts (BEC) section for 2017. This time, we’ll show you how the Regulation (REG) section will be changing next year in comparison to how it is tested now.
Content for REG
You'll notice that for a majority of the sections on the CPA Exam, the new version will have one or two less specified areas of testing. This is because the AICPA is attempting to thin out concepts that are less practiced or are becoming outdated and also grouping in other concepts within larger categories. In the chart below, you'll see that the content allocation for REG is changing from 6 areas to 5, and that some of the section categories are changing in order to stay relevant with the times while others are being taken out completely. An example is adding Federal Tax procedures to Ethics & Professional Responsibilities in section 1.
Types of Questions on REG
If you look at the chart below, you'll see that on the current exam, REG consists of:
- 72 Multiple Choice Questions (MCQs)
- 6 Task-Based Simulations (TBSs)
On the 2017 exam, notice that REG will consist of:
- 76 MCQs
- 8-9 TBSs
The amount of MCQs and TBSs will actually increased a bit on the new exam. In order to accommodate this increase, the testing time for REG will increased from 3 hours to 4 hours in 2017.
Skills Tested on REG
On the current exam, the main skills tested are remembering & understanding and application, and they are both tested equally. However, in the new exam, the higher order skill that will be added is analysis, and it will account for at least 1/3 of the skills tested (25-35%). As a result, application will be tested 35-45% and remembering & understanding will be tested 25-35% of the REG section.
Weighted Score for REG
On the current exam, MCQs account for 60% of a candidate's total REG score while TBSs account for 40%. In order to balance out the score scale more in 2017, you'll see that MCQs will account for 50% of a candidate's total REG score while TBSs will also account for 50%. Dividing the scoring scale equally among both question types ensures that equal emphasis is given to both higher order skills (analysis through TBSs) and basic remembering & understanding and application skills (MCQs).
We hope you found this breakdown of how each section will change in 2017 helpful! Stay tuned for our last post on how the FAR section will be affected. We wish everyone the best of luck on preparing for the CPA Exam now and in 2017!
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