CPAexcel Professor Dan Stone Explains the Changes to the Information Technology Content of 2011 CPA Exam
Find Out What You Need to Know to Pass the Certified Public Accountant Exam in 2011!
- (1888PressRelease) August 03, 2010 - Sedona, Arizona - CPAexcel, a successful global provider of CPA Exam Review Courses, is proud to announce the release of a new high definition (HD) video defining changes to the 2011 Uniform Certified Public Accountant Exam (CPA Exam).
Dr. Dan Stone, noted author and lecturer, infuses into this video both his professional experience as a CPA as well as his academic experience as a tenured professor of Accounting and Information Technology at the University of Kentucky.
In the video, Dr. Stone compares the current content and structure of the CPA Exam to the anticipated changes starting January 1, 2011. Working with the American Institute of Certified Public Accountants (AICPA), he observed and analyzed the AICPA's overhaul of the structure, content, and delivery of the CPA Exam-the most comprehensive revision of the exam since 2004.
Topics that will be reduced on the CPA Exam starting in 2011 include:
* Declining technologies (e.g., magnetic tape)
* Less on Information Technology (IT) knowledge (e.g., how data is stored on magnetic disks).
There will be more content and testing on:
* E-commerce and e-business
* IT Risks, Security and Control.
In 2010, IT comprised 22-28% of the Business Environment and Concepts (BEC) section of the CPA Exam, and focused on specific technologies and applications. In 2011, IT will comprise only 15-19% of this same section and will focus on how IT interacts with accounting control and corporate governance.
Corporate Governance will test on such topics as:
* Corporate Governance Rights, Responsibilities, and Authority
* Types of accounting control
* COSO Model
* Managing Risk.
One of the many effects on the 2011 CPA Exam will be to the structure of the Business Environment and Concepts (BEC) section. Currently, BEC is completely multiple choice questions (MCQs). On January 1, 2011, the section will replace 15% of the MCQs with three written communications or short essays.
Of the three written communications, only two questions will be scored. One question, called a pre-test question, will be "auditioned" in 2011 in anticipation of planned changes to the 2012 CPA Exam. The pre-test questions with the highest metrics will appear as new questions on the 2012 CPA Exam and will be scored at that time.
You can find Dr. Stone's video on the professors' page on the CPAexcel website and on YouTube.
To help students understand concepts and problems on the 2011 CPA Exam, Dr. Stone is completely updating the content of his study texts and video lectures to reflect the changes to the 2011 CPAexcel CPA Review Course.
Dr. Stone has done an excellent job of educating his CPAexcel students: since 2004, 87% of Dr. Stone's CPAexcel students have passed the CPA Exam-nearly twice the national average.
By bringing out a new edition of his study tools, Dr. Stone aspires to continue giving his students this competitive edge and maintain an exceptionally high passing rate.
About Professor Dan Stone:
Professor Dan Stone - Ph.D., C.P.A., M.P.A., CPAexcel Author and Video Lecturer
University of Kentucky: Gatton Endowed Chair, Von Allmen School of Accountancy and the Department of Management (Business Analytics)
Dr. Stone is a prolific writer, having been published in professional journals such as the CPA Journal and Journal of General Management. He researches and writes on financial literacy, financial attitudes and happiness, and seller fraud in online auctions.
CPAexcel (http://www.cpaexcel.com) is a successful global provider of CPA Exam Review Courses. CPAexcel recruits a faculty of award-winning professors from the top accounting universities as authors, lecturers, and mentors. These professors produce CPA study materials which present with great clarity the underlying financial concepts in each section of the CPA Exam. CPAexcel CPA Review Courses focus on translating mountains of government tax and regulation legalese into Bite-Sized Lessons of 30 minutes or less. These lessons are very understandable modules within a dynamic learning system which dramatically reinforces learning and retention. Concise, interactive lessons keep students focused while reviewing important accounting concepts. Since 2004, 87% of CPAexcel's students have passed the CPA Exam, which is nearly twice the national passing rate!
For additional information on CPAexcel CPA Review, please visit http://www.cpaexcel.com
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