Wiley CPA Exam Review 2009 : 4-Volume Set

by Patrick R. Delaney (Northern Illinois University); O. Ray Whittington (San Diego State University)

• ISBN13: 9780470286050
• ISBN10: 0470286059
• Format: Paperback
• Copyright: 2008-12-01
• Publisher: Wiley

Summary

Completely revised for 2009 and the new computerized CPA Exam Published annually, this comprehensive, four-volume study guide for the Certified Public Accountants (CPA) Exam arms readers with detailed outlines and study guidelines, plus skill-building problems and solutions that help them identify, focus on, and master the specific topics that need the most work. Many of the practice questions are taken from previous exams, and care is taken to ensure that they cover all the information candidates need to pass the CPA Exam. Broken into four volumes--Regulation, Auditing and Attestation, Financial Accounting and Reporting, and Business Environment and Concepts--these top CPA Exam review study guides provide: 'ˆ— More than 2,700 practice questions 'ˆ— Complete information on the new simulation questions 'ˆ— A unique modular structure that divides content into self-contained study modules 'ˆ— AICPA content requirements and three times as many examples as other study guides O. Ray Whittington, PhD, CPA, CMA, CIA (Chicago, IL), is the Dean of the College of Commerce at DePaul University. He is also the author of Audit Sampling: An Introduction, Fifth Edition (978-0-471-37590-6), from Wiley. Patrick R. Delaney, PhD, CPA, was the department chair at Northern Illinois University. He spent nearly three decades as a respected colleague of John Wiley & Sons and was author of the Wiley CPA Exam Review and coauthor of Wiley GAAP: Interpretation and Application of Generally Accepted Accounting Principles.

Author Biography

O. Ray Whittington, PhD, CPA, CMA, CIA, is the dean of the College of Commerce at DePaul University. Prior to joining the faculty at DePaul, Professor Whittington was the Director of Accountancy at San Diego State University. From 1989 through 1991, he was Director of Auditing Research for the American Institute of Certified Public Accountants (AICPA), and he previously was on the audit staff of KPMG. He previously served as a member of the Auditing Standards Board of the AICPA and as a member of the Accounting and Review Services Committee and the Board of Regents of the Institute of Internal Auditors. Professor Whittington has published numerous textbooks, articles, monographs, and continuing education courses.

Patrick R. Delaney, deceased, was the dedicated author and editor of the Wiley CPA Exam Review books for twenty years. He was the Arthur Anderson LLP Alumni Professor of Accountancy and Department Chair at Northern Illinois University. He received his PhD in Accountancy from the University of Illinois. He had public accounting experience with Arthur Anderson LLP and was coauthor of GAAP: Interpretation and Application, also published by John Wiley & Sons, Inc. He served as Vice President and a member of the Illinois CPA Society's Board of Directors, and was Chairman of its Accounting Principles Committee; was a past president of the Rockford Chapter, Institute of Management Accountants; and had serves on numerous other professional committees. He was a member of the American Accounting Association, American Institute of Certified Public Accountants, and Institute of Management Accountants. Professor Delaney was published in The Accounting Review and was a recipient of the Illinois CPA Society's Outstanding Educator Award, NIU's Excellence in Teaching Award, and Lewis University's Distinguished Alumnus Award. He was involved in NIU's CPA Review Course as director and instructor.

Table of Contents

Business Environment and Concepts:

CHAPTER 1. BEGINNING YOUR CPA REVIEW PROGRAM

EXAMINATION GRADING

THE SOLUTIONS APPROACH

TAKING THE EXAMINATION

BUSINESS ENVIRONMENT AND CONCEPTS

Business Structure BSTR

Information Technology IFTC

Economics and Strategy ECON

Financial Management FINM

Risk Management and Capital Budgeting RMCB

Performance Measures PERM

Cost Measurement COST

Planning, Control, and Analysis PLAN

APPENDIX A: BUSINESS ENVIRONMENT AND CONCEPTS SAMPLE EXAMINATION

APPENDIX B: SAMPLE TESTLETS RELEASED BY THE AICPA

APPENDIX C: 2008 RELEASED AICPA QUESTIONS

Index

Auditing and Attestation:

CHAPTER 1. BEGINNING YOUR CPA REVIEW PROGRAM

EXAMINATION GRADING

THE SOLUTIONS APPROACH

TAKING THE EXAMINATION

AUDITING AND ATTESTATION MODULES

Engagement Planning ENPL

Internal Control IC

Evidence EVID

Reporting REPT

Audit Sampling AUDS

Auditing with Technology ATEC

Outlines of Professional Standards

Statements on Standards for Attestation Engagements

Statements on Auditing Standards

Statements on Standards of the Public Company Accounting

Oversight Board

Government Auditing Standards

Statements on Standards for Accounting and Review Services

Information Technology Supplement

APPENDIX A: AUDITING AND ATTESTATION SIMULATIONS

APPENDIX B: AUDITING AND ATTESTATION SAMPLE EXAMINATION

APPENDIX C: SAMPLE TESTLETS RELEASED BY THE AICPA

APPENDIX D: 2008 RELEASED AICPA QUESTIONS

Index

Regulation:

1. BEGINNING YOUR CPA REVIEW PROGRAM

EXAMINATION GRADING

THE SOLUTIONS APPROACH

TAKING THE EXAMINATION

REGULATION

PROFESSIONAL RESPONSIBILITIES AND BUSINESS LAW

FEDERAL TAXATION

Professional Responsibilities RESP

Federal Securities Acts FEDE

Contracts CONT

Sales SALE

Commercial Paper CPAP

Secured Transactions SECU

Bankruptcy BANK

Debtor-Creditor Relationships DBCR

Agency AGEN

Regulation of Employment and Environment EMEN

Property PROP

Insurance INSU

Individual ITAX

Transactions in Property TPRO

Partnership PTAX

Corporate CTAX

Gift and Estate GETX

APPENDIX A: REGULATION SAMPLE EXAMINATION

APPENDIX B: SAMPLE TESTLETS RELEASED BY THE AICPA

APPENDIX C: 2008 RELEASED AICPA QUESTIONS

Index

Financial Accounting and Reporting:

1. Beginning Your CPA Review Program

Examination Grading

The Solutions Approach

Taking the Examination

Financial Accounting and Reporting

Modules and Abbreviations:¹

Basic Theory and Financial Reporting

Basic Concepts

Error Correction

Accounting Changes

Financial Statements

Inventory

Fixed Assets

Monetary Current Assets and Current Liabilities

Present Value

Fundamentals

Bonds

Debt Restructure

Pensions

Leases

Deferral Taxes

Stockholders' Equity

Investments

Statement of Cash Flows

Business Combinations and Consolidations

Derivative Instruments and Hedging Activities

Miscellaneous

Personal Financial Statements

Interim Reporting

Segment Reporting

Partnership Accounting

Foreign Currency Translation

Governmental Accounting

Not-for-Profit Accounting

Outlines of Accounting Pronouncements

Appendix A: Financial Accounting and Reporting Sample Examination

Appendix B: Sample Testlets Released by the AICPA

Appendix C: 2008 Released AICPA Questions

Index

Table of Contents provided by Publisher. All Rights Reserved.