Wiley CPA Examination Review, 36th Edition 2009-2010, Volume 1 , Outlines and Study Guides, 36th Edition 2009-2010

by Patrick R. Delaney; O. Ray Whittington

• ISBN13: 9780470453353
• ISBN10: 0470453354
• Edition: 36th
• Format: Paperback
• Copyright: 2009-06-01
• Publisher: Wiley

Summary

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, 35th Edition, 2008-2009: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

Author Biography

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 the 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 Andersen 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 Andersen 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 served 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

Beginning Your Cpa Review Program

Examination Grading And Grader Orientation

The Solutions Approach

Taking The Examination

Auditing And Attestation

Engagement Planning, Obtaining an Understanding of the Client and Assessing Risks ENPL

Internal Control IC

Evidence EVID

Reporting REPT

Audit Sampling AUDS

Auditing with Technology ATEC

Outlines of Professional Standards

Financial Accounting And Reporting

Basic Theory and Financial Reporting TREP

A. Basic Concepts

B. Error Correction

C. Accounting Changes

D. Financial Statements

Inventory INVY

Fixed Assets FA

Monetary Current Assets and Current Liabilities CACL

Present Value PV

A. Fundamentals

B. Bonds

C. Debt Restructure

D. Pensions

E. Leases

Deferred Taxes DETX

Stockholders' Equity STK

Investments IVES

Statement of Cash Flows SCF

Business Combinations and Consolidations BCC

Derivative Instruments and Hedging Activities DIHA

Miscellaneous MISC

A. Personal Financial Statements

B. Interim Reporting

C. Segment Reporting

D. Partnership Accounting

E. Foreign Currency Translation

Governmental GOV

Not-for-Profit NFP

Outlines of Accounting Pronouncements

Regulation

Professional Responsibilities And Business Law

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

Federal Taxation

Individual ITAX

Transactions in Property TPRO

Partnership PTAX

Corporate CTAX

Gift and Estate GETX

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

Index

Table of Contents provided by Publisher. All Rights Reserved.