Mastering Accounting Research for the CPA Exam
Chapter One
RESEARCH AND THE CPA EXAM
THE COMPUTER-BASED CPA EXAM
The computer-based CPA exam is here to stay. Over 100,000 candidates
have taken the exam since its inception in April, 2004. The
computer-based CPA Exam can test a candidate's work-related skills by
using small cases called simulations. These simulations are minicases that
require multiple tasks including communications and research.
The simulations component has replaced the old problems, other objective
format questions, and essays on the old paper-pencil exam. Not to
worry! In many ways, the newer simulations component is actually easier
for the CPA candidate because candidates are no longer required to structure
the problem. Candidates no longer create the schedules, tables, and disclosures.
Instead, the answer formats are created, and the candidate fills in the
blanks.
Since the simulations are machine-graded, the simulation is broken into
parts. Some parts may require matching exercises, completing a table, or
calculating values. Other parts m ... read full excerpt from Mastering Accounting Research for the CPA Exam ebook