CPE SESSION 21 - Wednesday, 8:00 AM - 11:00 AM

The Changing CPA Exam

Description/Objectives:
In 2003 the CPA exam will be changing dramatically: it will be computerized, and the content has been reevaluated and modified. This session will provide an overview of the exam changes, including live demonstrations of the new exam to focus the discussion on the types of questions that were previously not on the exam. Dick DeVore of the AICPA will provide an overview of the changes underway including information about how students will take the exam, and what the exam will entail. Additionally, faculty members who have been involved with developing the new exam will demonstrate several mini-cases to show participants how the question domain is changing, and how the technological implementation is enabling different skill sets to be tested. These demonstrations will cover the four new sections of the exam: Auditing and Attestation; Financial Accounting and Reporting; Regulation; and Business Environment and Concepts.

Format/Structure:
This session will use a lecture/discussion format to discuss the new exam, along with live demonstrations of the exam questions.

Intended Audience:
This session is designed for faculty who advise and prepare students for the CPA exam. Our objective is to provide enough insight into the exam to enable participants to better understand the changes underway so they can disseminate insights at their universities. Additionally, given the exam content is changing, many universities may use this opportunity to evaluate their curricula, and this session would help with this process.

Presenters:
Julie Smith David, Arizona State University
Dick DeVore, American Institute of Certified Public Accountants

Sponsor:
American Accounting Association