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Outlook for CPA Examination Changes

Outlook for CPA Examination Changes. American Accounting Association 2009 Annual Meeting. CBT-e: What Is It?. New CPA Examination release will transform the content, format, and structure of the examination and enhance operational and psychometric quality.

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Outlook for CPA Examination Changes

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  1. Outlook for CPA Examination Changes American Accounting Association 2009 Annual Meeting

  2. CBT-e: What Is It? New CPA Examination release will transform the content, format, and structure of the examination and enhance operational and psychometric quality. “CBT” – stands for Computer-Based Testing, “-e” stands for evolution.

  3. CBT-e Background After three years of computerized CPA Examination administrations, the AICPA Board of Examiners (BOE) requested recommendations for improvements from AICPA Examinations staff. BOE considered the recommendations in September 2007 and decided to seek input from state boards and other stakeholders.

  4. CBT-e Background (continued) In response to the Invitation to Comment (ITC) on Proposed Uniform CPA Examination Improvements – released in Oct. 2007 – 82 responses were received. BOE considered all responses in March and April, 2008, and approved some of the changes. BOE-approved changes constitute basis of CBT-e.

  5. CBT-e Background (continued) In addition, the BOE decided the implementation of new Content and Skill Specifications (CSOs/SSOs) would be part of the CBT-e release. More recently – in March 2009 – the BOE added Authoritative Literature changes to CBT-e.

  6. CBT-e Responsibilities Work on CBT-e is carried out by AICPA Examinations Team – in consultation with NASBA, Prometric, and State Boards – under the aegis of the BOE and the direct supervision of the CBT-e Sponsor Group, consisting of 4 BOE members.

  7. CBT-e Changes – AUD, FAR, REG Current Structure 3 Multiple-Choice Question Testlets 2 Written Communication Tasks 2 Simulations - In Current Format CBT-e Structure 3 Multiple-Choice Question Testlets NO Written Communication Tasks 6/7 Short Task-Based Simulations (TBS)

  8. CBT-e Changes - BEC Current Structure 3 Multiple-Choice Question Testlets CBT-e Structure 3 Multiple-Choice Question Testlets 3 Written Communication Tasks on BEC Topics

  9. CBT-e Changes - Content On May 15, 2009, BOE approved revisions to Content and Skill Specifications (CSOs/SSOs) with guidance on testing of IFRS. New CSOs/SSOs will be effective as of date of CBT-e implementation with the effective date to be announced.

  10. CBT-e Changes – Authoritative Literature New research task format will be introduced. New tutorial and sample tests will be made available in advance to acquaint candidates with new functionality. FASB codification will be included on examination. New authoritative literature platform will be launched to facilitate future updates.

  11. Standard – Setting CBT-e changes will be significant enough to require new passing scores to be set. Standard-setting process will be conducted and will involve decisions by panels of CPA volunteers, with ultimate decision for new passing scores to be made by BOE.

  12. More CBT-e Changes Weights of examination components will change. Time allotted to examination sections will be adjusted. (Total testing time for 4 sections – 14 hours – will NOT change.) Candidate performance reports will be revised. Spreadsheet with additional functionality will be introduced on examination.

  13. CBT-e – Benefits CBT-e will: Shorten scoring timeline Enhance candidate experience Enhance the operational and psychometric quality of the CPA Examination.

  14. CBT-e Implementation Date of CBT-e implementation will be announced before September 30, 2009. Announcement will allow ample time for candidates to become familiar with changes. Effective date of new CSOs/SSOs will be posted on CPA Examination website, www.cpa-exam.org

  15. After CBT-e Implementation Date Announcement Over the next few months, several announcements will be issued with details about all CBT-e changes including: new weights of examination components new section time allocations new research task format new tutorial and sample tests candidate performance report revisions, etc. www.cpa-exam.org

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