by O. Ray, CPA, PhD Whittington, Patrick R., CPA, PhD Delaney
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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
O. Ray Whittington, PhD, CPA, CMA, CIA (Chicago, IL) is the Dean of the College of Commerce at DePaul University. He is also the author of Audit Sampling: An Introduction, Fifth Edition (0-471--37590-X), available from Wiley. Patrick R. Delaney, PhD, CPA, was the department chair at Northern Illinois University. He spent nearly three decades as a respected colleague of John Wiley & Sons and was author of the Wiley CPA Exam Review and coauthor of Wiley GAAP: Interpretation and Application of Generally Accepted Accounting Principles.
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Average Customer Review:
1 of 2 people found the following review helpful:
 Exactly as I expected, 2008-07-20
I had sat for the CPA exam 30 years ago and passed 2 of the four parts. A job offer came along and I went into a different career. Now in retirement I decided to finally get my CPA. I found the Wiley system has a comprehensive and systematic approach for preparing, studying, and sitting for the exam. I expect I'll be sitting for each of the parts over 4 to 5 month intervals, (there are 4 parts to the exam). A major drawback to the Wiley method is a poor index and cross referencing system between various topics. Also the Wiley system uses many acronyms such as SSARS which are typically only defined once. When they are use elsewhere in the study - it is most difficult to find their definitions. All in all it seems like the CPA Exam Review is worth the money.
13 of 13 people found the following review helpful:
A Great Value for those inclined to independent study, 2008-07-07
This is truly a great set of preparation tool for the CPA exam with a minor caveat. As someone who has bought the 2006 edition and finally got around taking the exam, these booklets were instrumental in allowing me to pass the exam the first go-around. It has more than enough multiple choice questions to help you prepare for that part of the cpa exam. I truly encourage anyone taking the exam to visit the cpa-exam.org site to practice the simulation portion of the exam as these booklets are not as helpful for that portion of the exam, as you may have surmised. While it does have questions that are found in the simulation section, you won't know how to navigate around the simulation portion of the test until you actually try one. It is just matter of learning how to look up various accounting principles as well as how to cut and paste the relevant sections to the answer section. It helps if you already know how to navigate around the simulation section beforehand and that experience, this book will obviously not provide.
Going back to the review of the booklets, these books are not for you if you learn better in a group setting. However, if you are inclined to independent study, I wholeheartedly recommend that you buy these books. As someone else had mentioned, I found the the multiple choice questions in the books to be much harder than the actual exam questions. Therefore, do not get discouraged if you find that the questions in the books are challenging because they are. However, it will be more than enough, in my opinion, to get you ready for the test. Ultimately, the best way to prepare is to do as many sample questions as possible,and these books have more than its fair share of them.
In summary, if you are inclined to independent study and do not have the financial wherewithal or just plain too cheap (like myself) to take the courses that are offered -such as Becker - these books are definitely the right purchase
15 of 16 people found the following review helpful:
 CPA Wiley Review 2008 4 volume set, 2008-01-20
I am a Course Director for CPA review in Dubai. We recommend to all our students to follow this book. This is the best book not only to pass the exams but to score high marks.
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