Product Description

Published annually, this comprehensive study guide for the Certified Public Accountant's (CPA) Exam arms readers with detailed outlines and study guidelines, plus skill-building problems and solutions that help them to master the topics that need the most work. With timely, up-to-the-minute coverage for the computerized CPA Exam, Wiley CPA Exam Review 2009: Financial Accounting and Reporting covers all current AICPA content requirements in financial accounting as well as new financial accounting standards. CPA candidates will find everything they need in order to pass the new computerized CPA Examination.

Product Details

• Amazon Sales Rank: #93107 in Books
• Published on: 2008-12-03
• Original language: English
• Number of items: 1
• Binding: Paperback
• 1104 pages

Review
"I wanted to just say I bought just the four books by Wiley for each CPA section and took all 4 parts of the exam in May 2009. I studied for about half a year, and I PASSED ALL 4 PARTS ON THE FIRST TRY!!! 95% REG, 88% FAR, 82% AUD, 81% BEC.I am very excited and happy that these books alone helped me pass!"- Gabriela Adriana Mandiuc, Boerne, TX

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 2009 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 2009 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
O. 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 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 Anderson 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 Anderson 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 serves 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

Frequent errors
This book is alright and I felt prepared for the exam. However, one complaint, is that just like the eWiley online site, there are numerous mathematical errors. Spelling errors, that's OK, but mathematical errors are not. Wastes time trying to figure out what went wrong. For all of the ones that I figured out what went wrong, it makes me wonder how much information that I spent so much time learning was just a typo.

Example: In computing the Payables Deferral period, one time the denominator said times 360 and one said divided by 360. Big difference. Had to look online at different sites to figure out which one was correct.

Also, a couple times the explanations for getting answers wrong were very vague. Might say something to the effect of "because it is not correct".

I realize that this is cheaper than the Becker program, but that doesn't mean that they should just duct tape some info together. It's still a reasonably expensive book. They need to stop being so lazy and proofread their stuff before publishing.

Good Review Book
I studied with Becker the first time I took BEC, and got a 74. The second time around, I was starting to memorize questions and felt I just needed another perspective on the information. The Wiley book was good for this purpose, but I don't know how someone would pass with this book alone. Becker is far superior in terms of organization and focusing on test applicable material. Wiley was much more indepth, which was not necessary.

Also there was some blatantly incorrect information in the book. This surprised me as this is the 2009 edition, and I thought everything would be up to speed. These were not huge items of information, but it did occur more than once.

Overall the book was helpful, and I would recommend it as supplemental material for anyone sitting for the exam.

Wouldnt have done it if it wasnt for Wiley
Wiley tends to throw in ALL of the information you could possibly be tested on while Becker will hold your hand and teach you tons of little tricks, as well as help you schedule your study time. The Wiley books do include a chapter in the front of the book with a study outline, however I didnt waste my time with it. If you can handle a few obvious typos and are self-motivated enough to hold yourself to a schedule, then you'll make it through Wiley's books just fine. I walked out of FAR about ready to jump in front of a bus, but ended up pulling an 85, almost wetting myself. Put in the time and Wiley will not dissapoint. Any complaints i've heard about Wiley are more than offset by the price.