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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

Outlook for CPA Examination Changes

American Accounting Association

2009 Annual Meeting

cbt e what is it
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.

cbt e background
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.

cbt e background continued
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.

cbt e background continued1
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.

cbt e responsibilities
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.

cbt e changes aud far reg
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)

cbt e changes bec
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

cbt e changes content
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.

cbt e changes authoritative literature
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.

standard setting
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.

more cbt e changes
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.

cbt e benefits
CBT-e – Benefits

CBT-e will:

Shorten scoring timeline

Enhance candidate experience

Enhance the operational and psychometric quality of the CPA Examination.

cbt e implementation
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

after cbt e implementation date announcement
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