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The CPA Exam is Changing in 2011! CPAexcel Professor Don Deis Explains What You Need to Know

Dr. Deis Discusses Changes to the Certified Public Accountant Exam's Financial Accounting & Reporting Section


2010-08-19
SEDONA, AZ, August 19, 2010 (Press-News.org) CPAexcel, a successful global provider of Certified Public Accountant Exam Review Courses, announces the release of a new high definition (HD) video defining changes to the 2011 Uniform Certified Public Accountant Exam (CPA Exam) Financial Accounting and Reporting (FAR) section, the longest section of the exam.

Dr. Donald Deis, Jr., a noted author and lecturer, blends into this video both his professional experience as a CPA as well as his academic experience as a professor of accounting. Not only is he an MBA and a Certified Fraud Examiner (CFE/forensic accountant), he is a distinguished academician who was recruited by Texas A & M University (Corpus Christi) to hold the prestigious Ennis & Virginia Joslin Endowed Chair in Accounting in the College of Business.

In the video, Dr. Deis compares the current content and structure of the CPA Exam to the anticipated changes starting January 1, 2011. Working with the American Institute of Certified Public Accountants (AICPA), he observed and analyzed the AICPA's overhaul of the structure, content, and delivery of the CPA Exam—the most comprehensive revision of the exam since 2004.

In 2011, an expanded number of a new format of questions will debut which will allow for more queries on Governmental and Not-for-Profit Accounting. There will be seven Task-Based Simulations (TBS), which are a significantly shorter version of the two 2010 Simulation questions. In 2010, those two Simulations covered the major subjects within FAR. This meant that Governmental and Not-for-Profit accounting content was tested in multiple choice questions, not in simulations.
Since there will be more TBS in 2011, it is likely that Governmental and Not-for-Profit Accounting concepts will be tested on in these new simulations.

In this video, Dr. Deis alerts those accountants who will sit for the FAR section that if they encounter a simulation question on Not-for-Profits, they:

1. should know how to utilize the Financial Accounting Research System (FARS) database to research the question and

2. be aware of the Financial Accounting Standards Board (FASB) announcements because those announcements will contain answers to the research questions on the CPA Exam.

You can find this informative HD video by Dr. Deis is on the CPAexcel website or on YouTube.
To help students understand concepts and problems on the 2011 CPA Exam, Dr. Deis is completely updating the content of his study texts and video lectures to reflect the changes to the 2011 CPAexcel CPA Review Course.

Dr. Deis has done an excellent job of educating his CPAexcel students. Since 2004, 87% of Dr. Deis' CPAexcel students have passed the CPA Exam—nearly twice the national average.

By bringing out a new edition of his study tools, Dr. Deis aspires to continue giving his students this competitive edge and to maintain an exceptionally high passing rate.

About Professor Donald Deis, Jr.:

Professor Donald R. Deis Jr. — Ph.D., CPA, CFE, MBA
CPAexcel Author and Video Lecturer

Texas A&M University, Corpus Christi: Ennis & Virginia Joslin Endowed Chair in Accounting, College of Business

University of Missouri - Columbia: Former Director of the School of Accounting

Louisiana State University - Baton Rouge: Former Professor and Director of the Accounting, Ph.D. Program

Don Deis was the youngest student in the initial class of Texas A & I University at Corpus Christi in 1973. He earned his MBA from Corpus Christi State University and his Ph.D. for Texas A & M. Coming full circle, he now teaches at the college from which he received his bachelor's degree. He holds the Joslin Chair, which was endowed to attract the highest-quality academicians possible to the accounting profession.


Contact Information:
Julie Snow
CPAexcel CPA Review
(928) 204-1066
julie.snow@cpaexcel.com

CPAexcel produces CPA Exam study courses which present with great clarity the underlying financial concepts in each section of the CPA Exam. CPAexcel focuses on translating mountains of government tax and regulation legalese into understandable modules.

Proven to prepare students to pass for the CPA exam at nearly twice the national average, CPAexcel offers a dynamic learning system which dramatically reinforces learning and retention. Concise, interactive lessons keep users focused while reviewing important concepts. Unique in the industry, CPAexcel promises to be "partners until you pass," providing students with unlimited free updates and free course repeats.

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[Press-News.org] The CPA Exam is Changing in 2011! CPAexcel Professor Don Deis Explains What You Need to Know
Dr. Deis Discusses Changes to the Certified Public Accountant Exam's Financial Accounting & Reporting Section
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