aicpa-timing-cpa-examIn another huge announcement, this morning the AICPA released their final changes to the amount of time given to each exam, as well as the scoring weights (the value given to each question type) given to the sections within the exams. These changes come on the heels of the announcement in September that the CPA Exam will be heavily changing on 01/01/2011 with the implementation of CBT-e. Make sure that you familiarize yourself with these changes, especially if you are planning to sit for any section of the exam past December 31st of 2010. Our advice? Start the CPA Exam Review process now and be finished with the exam before any of these changes are implemented. But if that isn't a feasible option for you, make sure that you familiarize yourself with these changes and use a review course who can teach you what types of adjustments to make to studying and preparing in order to conquer the new structure and new question types.

We've compiled these bullet points as a quick overview to the most important changes. Take a look at the charts below for more detailed information on the exact changes to each part of the exam.

Time Changes:

  • AUD will now be 4 hours instead of 4.5
  • BEC will now be 3 hours instead of 2.5

Structure Changes:

  • AUD and FAR will have 7 task-based simulations while REG will have 6 task-based simulations
  • BEC will now include 3 written communication tasks

Changes to Scoring Weights:

  • For AUD/FAR/REG, the MCQs will account for 60% and TBS will account for 40%
  • For BEC, the MCQs will account for 85% and the new written communication tasks will account for 15%

Structure/Time Changes

AUDIT AND ATTESTATION

Current Structure

New CBTe Structure

  • 3 MCQ testlets with 90 questions total
  • 3 MCQ testlets with 90 questions total
  • 2 Simulations in (long) current format
  • 1 testlet with 7 shorter Task-Based Simulations and the research question in a new format
  • 2 written communication tasks
  • No written communication

TOTAL TIME: 4.5 hours

TOTAL TIME: 4 hours

BUSINESS ENVIRONMENT AND CONCEPTS

Current Structure

New CBTe Structure

  • 3 MCQ testlets with 90 questions total
  • 3 MCQ testlets with 72 questions total
  • 3 written communication tasks on BEC topics

TOTAL TIME: 2.5 hours

TOTAL TIME: 3 hours

FINANCIAL ACCOUNTING AND REPORTING

Current Structure

New CBTe Structure

  • 3 MCQ testlets with 90 questions total
  • 3 MCQ testlets with 90 questions total
  • 2 Simulations in (long) current format
  • 1 testlet with 7 shorter Task-Based Simulations and the research question in a new format
  • 2 written communication tasks
  • No written communication

TOTAL TIME: 4 hours

TOTAL TIME: 4 hours


REGULATION

Current Structure

New CBTe Structure

  • 3 MCQ testlets with 72 questions total
  • 3 MCQ testlets with 72 questions total
  • 2 Simulations in (long) current format
  • 1 testlet with 6 shorter Task-Based Simulations and the research question in a new format
  • 2 written communication tasks
  • No written communication

TOTAL TIME: 3 hours

TOTAL TIME: 3 hours

Weight Changes

AUD/FAR/REG

Item

Current Weight

New CBTe Weight

Multiple Choice (MCQ)

70%

60%

Simulations

20%

40%

Written Communication

10%

n/a

BEC

Item

Current Weight

New CBTe Weight

Multiple Choice (MCQ)

100%

85%

Simulations

n/a

n/a

Written Communication

n/a

15%