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Book Description:
Totally Updated for the New Computerized CPA ExamPublished annually, this comprehensive two-volume paperback reviews all four parts of the CPA exam. Many of the questions are taken directly from previous CPA exams, including new question formats. Volume I contains all study guides and outlines while Volume II contains all problem solutions. With 2,700 multiple choice questions and new simulation-style problems--offering more than 75 practice , these study guides provide all the information candidates need to master in order to pass the new computerized Uniform CPA Examination.* Covers all requirements and divides the exam into 45 self-contained modules for flexible study.* Includes new AICPA simulation questions.* Offers nearly three times as many examples as other CPA exam study guides.Here is what's new in Wiley CPA Review, 34th Edition, 2007-2008:Coverage of new financial accounting standards, especially:* Statement of Financial Accounting Standards 155, Accounting for Certain Hybrid Financial Instruments--an amendment of FASB Statements No. 133 and 140* Statement of Financial Accounting Standards 157, Fair Value Measurements* Statement of Financial Accounting Standards 159, Fair Value Option for Financial Assets and Financial Liabilities--including an amendment of FASB Statement No. 115Coverage of new auditing standards, especially:* AICPA Statements on Auditing Standards Nos. 104 through 111, referred to collectively as the Risk Assessment Standards* Latest Public Company Accounting Oversight Board auditing standards