Product Details
Wiley CPA Exam Review 2008: Financial Accounting and Reporting (Wiley Cpa Examination Review Financial Accounting and Reporting)

Wiley CPA Exam Review 2008: Financial Accounting and Reporting (Wiley Cpa Examination Review Financial Accounting and Reporting)
By O. Ray, CPA, PhD Whittington, Patrick R., CPA, PhD Delaney

List Price: $55.00
Price: $42.50 & eligible for FREE Super Saver Shipping on orders over $25. Details

Availability: Usually ships in 24 hours
Ships from and sold by Amazon.com

24 new or used available from $38.20

Average customer review:

Product Description

Completely revised for the new computerized CPA Exam

Published annually, this comprehensive, four-volume study guide for the Certified Public Accountants (CPA) Exam arms readers with detailed outlines and study guidelines, plus skill-building problems and solutions that help them to identify, focus, and master the specific topics that need the most work. Many of the practice questions are taken from previous exams, and care is taken to ensure that they cover all the information candidates need to pass the CPA Exam. Broken down into four volumes-Regulation, Auditing and Attestation, Financial Accounting and Reporting, and Business Environment and Concepts-these top CPA Exam review study guides worldwide provide:

  • More than 2,700 practice questions
  • Complete information on the new simulation questions
  • A unique modular structure that divides content into self-contained study modules
  • AICPA content requirements and three times as many examples as other study guides


Product Details

  • Amazon Sales Rank: #6957 in Books
  • Published on: 2007-12-04
  • Number of items: 1
  • Binding: Paperback
  • 1032 pages

Editorial Reviews

From the Back Cover
All the information you need to master the computerized CPA exam!

  • The most effective system available to prepare for the CPA exam—proven for over thirty years

  • Timely—up-to-the-minute coverage for the computerized exam. Contains all current AICPA content requirements in financial accounting and reporting

  • Unique modular format—helps you zero in on areas that need work, organize your study program, and concentrate your efforts

  • Comprehensive questions—over 3,800 multiple-choice questions and their solutions in the four volumes. Covers the new simulation-style problems. Includes over 90 simulations

  • Complete sample exam in financial accounting and reporting

  • Guidelines, pointers, and tips show you how to build knowledge in a logical and reinforcing way

Wiley CPA Exam Review 2008 arms test-takers with detailed outlines, study guidelines, and skill-building problems to help candidates identify, focus on, and master the specific topics that need the most work.

Other titles in the WILEY CPA EXAM REVIEW 2008 FOUR-VOLUME SET:

  • Auditing and Attestation

  • Business Environment and Concepts

  • Regulation

See inside for the entire array of Wiley CPA Exam Review Products!

"I owe you and your staff a big thanks for putting out such a great product at an affordable price. I didn't have the resources to attend any of the review classes . . . but your study review books, software, and the Focus Notes were more than enough."
Chris Wright

About the Author
Ray Whittington, PhD, CPA, CMA, CIA, is the dean of the College of Commerce at DePaul University. Prior to joining the faculty at DePaul, Professor Whittington was the Director of Accountancy at San Diego State University. From 1989 through 1991, he was the Director of Auditing Research for the American Institute of Certified Public Accountants (AICPA), and he previously was on the audit staff of KPMG. He previously served as a member of the Auditing Standards Board of the AICPA and as a member of the Accounting and Review Services Committee and the Board of Regents of the Institute of Internal Auditors. Professor Whittington has published numerous textbooks, articles, monographs, and continuing education courses.

Patrick R. Delaney, deceased, was the dedicated author and editor of the Wiley CPA Exam Review books for twenty years. He was the Arthur Andersen LLP Alumni Professor of Accountancy and Department Chair at Northern Illinois University. He received his PhD in Accountancy from the University of Illinois. He had public accounting experience with Arthur Andersen LLP and was coauthor of GAAP: Interpretation and Application, also published by John Wiley & Sons, Inc. He served as Vice President and a member of the Illinois CPA Society’s Board of Directors, and was Chairman of its Accounting Principles Committee; was a past president of the Rockford Chapter, Institute of Management Accountants; and had served on numerous other professional committees. He was a member of the American Accounting Association, American Institute of Certified Public Accountants, and Institute of Management Accountants. Professor Delaney was published in The Accounting Review and was a recipient of the Illinois CPA Society’s Outstanding Educator Award, NIU’s Excellence in Teaching Award, and Lewis University’s Distinguished Alumnus Award. He was involved in NIU’s CPA Review Course as director and instructor.


Customer Reviews

Comprehensive and thorough4
Material is about the right depth and difficulty for the exam. The content is straightforward, and the price is just great. I would use in conjunction with the prep software for additional practice questions. I've noticed various minor editing errors, but nothing that significantly detracts from the overall value of the product.

Good CPA Exam Review5
I don't have the 2008 version, I used the 2006 version and took FAR's exam on Nov. 2007 and the only thing that has really changed since then is Pensions.

As far as the Wiley material is concerned, I think that it will more than prepare you for the FAR's section. I used Wiley exclusively for the FAR's section and I used some Becker material for the REG section. I passed both on the first try, however, I got a 95 on the FARs section and an 83 on the REG section. But to be fair, I was in the middle of busy season when I took the REG section (and I'm also in Audit), but I also used the Wiley Focus Notes for that section as well. So if you are looking for a comprehensive book for any section, Wiley will do the job, as will Becker, but at a much higher price.

In addition to the Wiley book, I also had the Wiley 11.0 Software for multiple choice questions and simulations. The software had its limitations, and I would say that Becker certainly has the leg up on the software side of things. However, the new Wiley 13.0 software may address some of the problems (lack of research component, not as interactive while doing simulations), but I have yet to use it.

As far as readability is concerned, the Wiley books can be a little daunting at times. The gray paper that Wiley uses can make the words appear a little dull. You'll also notice that Becker material uses a lot of white space (blank) on each page, were Wiley crams a lot of information on one page. So I would give Becker the edge on presentation, but Wiley the edge on amount of material covered.

If you were to compare the books by the multiple choice questions provided, Wiley would win hands down. Every section has a bunch of multiple choice questions at the end, sometimes over a 100+. Becker at most will have about 25. The majority of Becker's practice questions are in its software.

My only caution for the Wiley material is that you have to be very structured in your studying. If you do the Becker courses, they have everything laid out. If you are someone who needs a class environment (whether in a class or online), or are not good at just using books to study, then I would say go with Becker or some comparable CPA review course. If you can structure yourself, Wiley will work just fine.

In addition to the books, I would recommend you get the Focus Notes (if you decide to go with Wiley). I've seen both Becker's (flashcards) and Wiley's and I think the Wiley Focus Notes are much better and much cheaper.

New and fast shipping5
The book conditions were excellent and I received it fast. I liked the service. Keep that way and you will keep your clients.