The good news is that most of the updates are the result of simplification initiatives to reduce the complexity of Financial Accounting & Reporting.
HOBOKEN, N.J. (PRWEB) June 16, 2015
Wiley, provider of the innovative Wiley CPAexcel CPA Exam Review Course, today introduced July 2015 content updates to several Financial Accounting & Reporting (FAR), Auditing & Attestation (AUD) and Regulatory (REG) online lessons to help prepare students for changes to the CPA Exam taking effect on July 1, 2015, and January 1, 2016.
For an overview of the changes, exam candidates can view three videos hosted by subject-matter experts discussing what is changing in the July 2015 CPA Exam and the Wiley CPAexcel Course.
The courses’ FAR updates are related to new FASB accounting standards and cover:
- Fair Value Measurement, specifically net asset value measurements
- Cloud-computing fees and expenses
- Bond issue costs
- PCC intangibles in a business combination
- The elimination of extraordinary items.
Wiley CPAexcel’s AUD content has also been updated with specific emphasis on recent Public Company Accounting Oversight Board (PCAOB) auditing standards and the AICPA’s clarified standards for accounting review services.
The CPA Review Course’s REG online lessons have been updated to cover the latest tax law changes for individuals and businesses, notably the Affordable Care Act.
Each updated lesson offers clear guidance on how the topic is typically tested, including the types of questions candidates should expect on the 2015 CPA Exam.
Current Wiley CPAexcel subscribers have immediate access to this updated content with no download or install required. Students interested in trying Wiley CPAexcel can register for a free 14-day trial.
About Wiley CPAexcel
Wiley CPAexcel CPA Exam Review offers a dynamic learning system that dramatically reinforces learning and retention. Concise, interactive lessons keep users focused while reviewing important concepts. Unique in the CPA Review industry, Wiley CPAexcel promises to be "your partner until you pass," providing students with unlimited free online updates and free course repeats until one year after they pass the CPA Exam. Wiley CPAexcel is a branded product of Wiley. To learn more, visit http://www.wileycpaexcel.com.
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