CPA EXAM

A PERENNIAL TOPIC OF CONCERN TO ACCOUNTING EDUCATORS AND STUDENTS IS THE CONTENT, PAST AND PROBABLE, OF THE UNIFORM CPA EXAM. SUGGESTIONS ARE OFFERED FOR CONSIDERATION BY BOTH THE BOARD OF EXAMINERS AND THE STUDENTS PREPARING FOR THE EXAMINATIONS. THE CPA EXAMINATION CANDIDATE MUST POSSESS A CONCEPTUAL UNDERSTANDING OF THE VARIOUS QUANTITATIVE METHODS TOPICS, TOGETHER WITH THEIR LIMITATIONS AND DATA REQUIREMENTS. IN ADDITION, THE CANDIDATE MUST HAVE THE ABILITY TO MANIPULATE AND SOLVE THE ELEMENTARY QM MODELS. ANALYSIS SHOWS THERE HAS BEEN AN INCREASE IN THE NUMBER OF MULTIPLE CHOICE QUESTIONS ON THE EXAM. THERE HAS BEEN A TENDENCY TO ASK QUESTIONS ABOUT TOPICS WHICH HAVE BEEN RECENTLY STUDIED BY THE APB OR FASB. TOPICS COVERED IN THE EXAM SEEMS TO FOCUS UPON THE NEWEST TECHNIQUES AND APPLICATIONS REQUIRED. POLICIES WITH REGARD TO THE UNIFORM CPA EXAM SHOULD BE REVIEWED WITH REGARD TO STATED OBJECTIVES.