Major changes coming to the CPA Exam. Plan now! -----------------------------------------------------------------------
According to the AICPA, “the CPA Exam will be transformed” when planned changes to both the exam’s structure and content are implemented onJanuary 1, 2011. Referred to as CBT-e (CBT stands for Computer-Based Testing and the “e” for evolution), this represents the first major change since CBT was introduced in 2004.
These changes are not only significant and numerous—in effect a “new exam” according to AICPA—they are all scheduled to go into effect at once. They include:
New Content and Skill Specifications (CSOs/SSOs), including International Financial Reporting Standards (IFRS). New question formats, including short task-based simulations. New research functionality that includes the FASB Codification. New exam structure and section time allocations. Changes in the percentage value of examination components.
Business Environment and Concept: [attachimg=663,397]75765[/attachimg] Auditing and Attestation: [attachimg=674,403]75764[/attachimg] Financial Accounting and Reporting: [attachimg=650,398]75766[/attachimg] Regulation: [attachimg=668,404]75767[/attachimg] Plan now to minimize the impact. CBT-e has major implications not only for candidates who will sit for the exam in 2011 and beyond, but also for candidates already in the process of sitting. If you expect to sit for any parts of the exam in 2010, Becker strongly recommends scheduling all four parts before CBT-e takes effect in January 2011. Why?
Your academic studies may not have covered all of the new exam’s content, including IFRS and codification. Familiarizing yourself with a new exam environment—content, structure, and timing—can intensify the stress inherent in exam preparation. Splitting the parts between transition years compounds your preparation workload.
Count on Becker to prepare you to pass. As the most trusted name in CPA review for more than 50 years, Becker Professional Education prepares you for success on the CPA Exam. Our subject matter specialists and exam experts are already updating Becker’s CPA Exam Review to mirror the content and structure of the 2011 exam. With our leading edge technology, you can have total confidence that you’re preparing not only with the most current information, but also the most effective learning methodology and tools.
Don’t procrastinate. Sit for the CPA Exam in 2010!