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CPA Exam for Dummies

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Get started on the path to passing the CPA exam today

Passing the CPA exam can be the first step to a long and rewarding career. With CPA Exam For Dummies, you'll get a full overview of the exam, information on how to register, the requirements for taking and passing the tests, as well as a review of the four sections. This comprehensive introductory study guide provides you with a wealth of information, including all the current AICPA content requirements in auditing and attestation, business environment and concepts, financial accounting and reporting, and accounting regulation. From start to finish, the text is designed to prepare you for each portion of this rigorous exam.

Preparing for the CPA exam can be a daunting process. With the classic For Dummies approach, CPA Exam For Dummies offers an overview and steps on how to get started. Go at your own pace to master the various sections of the exam, and use the book as a reference on an ongoing basis as you prepare for the exam portions. Dive into the book to find:

  • An overview of the CPA exam, featuring exam organization and information on scoring
  • A content review, including practice questions and explanations of answers
  • Online bonus practice exams to boost your knowledge and confidence
  • An overview of the benefits of passing the CPA exam and becoming a certified public accountant

For those seeking to pass the CPA exam and launch their accounting careers, CPA Exam For Dummies is the go-to resource for getting started!

Table of Contents

Introduction 1

Part I: Getting Started with the CPA Exam 5

Chapter 1: So You Want to Become a CPA 7

Chapter 2: Getting Acquainted with the CPA Exam 15

Chapter 3: Preparing to Take the Exam 25

Chapter 4: Implementing a Study Program 33

Part II: Business Environment and Concepts 51

Chapter 5: Taking a Closer Look at the Business Environment and Concepts Test 53

Chapter 6: Business Environment and Concepts Practice Questions 75

Chapter 7: Answers to Business Environment and Concepts Practice Questions 83

Part III: Financial Accounting and Reporting 87

Chapter 8: Taking a Closer Look at the Financial Accounting and Reporting Test 89

Chapter 9: Financial Accounting and Reporting Practice Questions 121

Chapter 10: Answers and Explanations to Financial Accounting and Reporting Practice Questions 131

Part IV: Auditing and Attestation 139

Chapter 11: Taking a Closer Look at the Auditing and At testation Test 141

Chapter 12: Auditing and Attestation Practice Questions 169

Chapter 13: Answers and Explanations to Auditing and Attestation Practice Questions 177

Part V: Regulation 181

Chapter 14: Taking a Closer Look at the Regulation Test 183

Chapter 15: Regulation Practice Questions 219

Chapter 16: Answers and Explanations to Regulation Practice Questions 227

Part VI: The Part of Tens 233

Chapter 17: Ten Common Mistakes on the CPA Exam 235

Chapter 18: Ten Important Formulas to Understand 243

Appendix: Linking to Wiley CPAexcel 253

Index 255

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