Totally Updated for the New Computerized CPA Exam

Published 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. 115

Coverage 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