The Uniform Certified Public Accountant Examination is the examination administered to people who wish to become U. The CPA Exam is used by the regulatory bodies of all fifty states plus cpa question bank pdf District of Columbia, Guam, Puerto Rico, the U. Virgin Islands and the Northern Mariana Islands.
The CPA exam is aligned to professional practice. The exam is a sixteen-hour exam tested in four separate sections. As many as two sections can be taken in a given day or each section can be taken on separate days. This section covers knowledge of planning the engagement, internal controls, obtaining and documenting information, reviewing engagements and evaluating information and preparing communications.
This section covers knowledge of business structures, economic concepts, financial management, information technology, and planning and measurement. This section covers knowledge of concepts and standards for financial statements, typical items in financial statements, specific types of transactions and events, accounting and reporting for governmental agencies, and accounting and reporting for non-governmental and not-for-profit organizations.
The Uniform CPA Exam also tests primary understanding and the ability to apply authoritative literature — such as auditing and accounting standards, the Uniform Commercial Code, and the Internal Revenue Code — that are universally adopted by all U. Every effort is made to avoid asking about subject matter that may have different correct answers in different jurisdictions.
Accounting knowledge is tested in simulations through a variety of tasks, some of which require searching databases, completing written communication exercises, and working with spreadsheets and forms. The skills that simulations are intended to measure are: analysis, judgment, communication, and research. As of 2011, BEC is the only section that contains written communication task simulations. This measures the ability of CPA candidates to be able to write effective and coherent standard business English.
Prior to 2011, written communication tasks were contained in all four sections of the exam. Responses that do not address the assigned topic are not scored. Once a testlet is completed, however, the candidate is not allowed to return to it, so it is not possible to use the “break time” to improve one’s score by looking up answers. The clock continues to run during breaks.
The “bank” of questions is much larger than the set presented to each candidate. This variance is accounted for in the scoring. The multiple-choice questions within each section of the CPA Exam are administered in three blocks, called testlets. Each testlet contains operational and pretest questions.