MAY 22, 2018 – With a new exam interface and significant test-taking improvements rolled out in April 2018, you can look forward to your next exam experience to be the best yet. While there are minimal content and blueprint changes taking effect in July, we wanted to take this opportunity to show you how Wiley CPAexcel has changed with today’s update—both to address technical amendments to the exam, and to create an even better review experience for you.
All updated content is available now in your Wiley CPAexcel online course and test bank.
You can read the AICPA Summary of revisions to the Uniform CPA Examination Blueprints Effective July 1, 2018 here: AICPA July 2018 Blueprint Revisions.
Get a Detailed Summary of July 2018 Wiley CPAexcel Updates
BEC Exam Changes
BEC Blueprint changes resulted from standard-setting, revisions to add more detail, and editorial updates to clarify and provide consistency in the Blueprint. Such AICPA Blueprint revisions are to reflect the updated COSO ERM framework, which was eligible for testing as of April 2, 2018.
View this short video from BEC instructor, Dr. Dan Stone, about how Wiley CPAexcel has been updated to prepare you for the updated COSO ERM framework section of the exam.
AUD Exam Changes
Beginning July 1, 2018, you can expect to be tested on the following new pronouncements:
- AICPA Statement on Auditing Standards (SAS) 133, Auditor Involvement with Exempt Offering Documents
- PCAOB Auditing Standards (AS) 3101, The Auditor’s Report on an Audit of Financial Statements When the Auditor Expresses an Unqualified Opinion
REG Exam Changes
Beginning July 1, 2018, you can expect to be tested on the following new pronouncement:
- Annual tax changes (not including the Tax Cuts and Jobs Act)
Top of mind for test-takers who are yet to sit for REG is how the Tax Cuts and Jobs Act (TCJA) will affect the test. The TCJA is not eligible for testing until January 1, 2019. Given this, we provide a brand-new lesson that not only walks through the changes, but also helps you determine whether to take the test before January 1, 2019, or take it after the new tax law is eligible for testing.
View this short video from REG instructor, Dr. Greg Carnes, about the best time to take the REG section of the CPA Exam (hint: before the end of the year) and how Wiley CPAexcel has been updated to prepare you through the end of 2018.
In addition to addressing these technical content changes, Wiley CPAexcel now provides an exam-like experience with software that aligns to the new, redesigned CPA Exam. With this release, we have new, updated videos, more questions, more flashcards, and more lesson assessments. And with Bite-Sized Lessons to succinctly and clearly explain complex concepts, Wiley CPAexcel is the most complete and comprehensive CPA review program available.
Get the July 2018 Wiley CPAexcel Course Updates Free
The CPA Exam is extremely challenging, but you don’t need to worry about having access to the latest and greatest content. Wiley has your back with our Partner Until You Pass guarantee. As a Wiley CPAexcel course student, you will enjoy 100% free course updates and repeats until one year after you pass the CPA Exam. No exceptions. No fine print. Your initial cost is your total cost.
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