THE CPA STUDY GUIDE THAT PUTS YOU ON THE FAST TRACK TO SUCCESS!This tightly focused study guide --now thoroughly updated to cover the latest changes in the CPA Exam--cuts away all the excess information to simply give you what you need to know. Presenting the absolute key points and precise steps to take in preparing for the CPA Exam, the Wiley CPA Exam Review Fast Track Study Guide, Fourth Edition includes sample questions and solutions that will help you master the CPA Examination.O. Ray Whittington, well-known author and professor, has compiled this book using his extensive experience in preparing candidates for the CPA Exam. His time-honored and highly successful outline approach includes: The most essential and current material needed to successfully pass the exam, including discussion of the simulation-style questions Thoroughly revised content to prepare readers for the new computerized CPA Exam Test-taking strategies, tips, and techniques Coverage of new financial accounting standards including SFAS 155, Accounting for Certain Hybrid Financial Instruments; 157, Fair Value Measurements; and 159, Fair Value Option for Financial Assets and Financial Liabilities Coverage of new auditing standards, especially AICPA Statement on Auditing Standards Nos. 104 through 111 (Risk Assessment Standards) and the latest PCAOBs You can pass the CPA Exam -Wiley CPA Exam Review Fast Track Study Guide, Fourth Edition helps you preparefor, master the concepts in-and pass-the CPA Exam.Don't miss these other important study aids from the Wiley CPA Examination Review:Wiley CPA Exam Review: Two-Volume SetVOLUME 1: Outlines and Study GuidesVOLUME 2: Problems and SolutionsWiley CPA Exam Review: Four-Volume SetAuditing and AttestationBusiness Environment and ConceptsFinancial Accounting and Reporting RegulationWiley CPA Exam Review Practice Software Auditing and AttestationBusiness Environment and ConceptsFinancial Accounting and Reporting RegulationWiley CPA Exam Review Focus Notes, Fifth EditionWiley CPA Exam Review, How to Master SimulationsMastering Accounting Research for the CPA Exam, Second EditionWiley CPA Exam Review Impact Audios, Third EditionAuditing and AttestationBusiness Environment and ConceptsFinancial Accounting and Reporting Regulation

O. Ray Whittington, CPA, PhD (Chicago, IL) is the dean of the College of Commerce at DePaul University. Prior to joining the faculty of DePaul, he was the Director of Accountancy at San Diego State University. From 1989 through 1991, he was the Director of Auditing Research for the American Institute of Certified Public Accountants (AICPA), and he previously was on the audit staff of KPMG. Ray previously served as a member of the Auditing Standards Board of the AICPA and as a member of the Accounting and Review Services Committee and the Board of Regents of the Institute of Internal Auditors. Professor Whittington has published numerous textbooks, articles, monographs, and continuing education courses in addition to being the author of the Wiley CPA Exam Review books.