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Wiley CPA Exam Review 2012: Auditing and Attestation (Wiley CPA Examination Review: Auditing & Attestation) Paperback – 6 Jan 2012


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From the Back Cover

All the information you need to master the computerized CPA exam! The most effective system available to prepare for the CPA exam—proven for over thirty years Timely—up–to–the–minute coverage for the computerized exam. Contains all current AICPA content requirements in auditing and attestation Unique modular format—helps you zero in on areas that need work, organize your study program, and concentrate your efforts Comprehensive questions—over 3,800 multiple–choice questions and their solutions in the four volumes. Covers the new simulation–style problems. Includes over 280 simulations Complete sample exam in auditing and attestation Guidelines, pointers, and tips—show you how to build knowledge in a logical and reinforcing way Wiley CPA Exam Review 2012 arms test–takers with detailed outlines, study guidelines, and skill–building problems to help candidates identify, focus on, and master the specific topics that need the most work. Other titles in the WILEY CPA EXAM REVIEW 2012 FOUR–VOLUME SET: Business Environment and Concepts Financial Accounting and Reporting Regulation See inside for the entire array of Wiley CPA Exam Review Products!

About the Author

O. Ray Whittington , CPA, PhD, CMA, CIA, is Dean of the College of Commerce and Kellstadt Graduate School of Business at DePaul University. He is also the coauthor of Audit Sampling: An Introduction , Fifth Edition, available from Wiley. Patrick R. Delaney , CPA, PhD, was the Arthur Andersen LLP Alumni Professor of Accountancy at Northern Illinois University and the author of bestselling books, audios, and software in the Wiley CPA Exam Review System.

Inside This Book (Learn More)
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Front Cover | Copyright | Table of Contents | Excerpt | Index
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Amazon.com: 7 reviews
14 of 15 people found the following review helpful
My View on the Pros And Cons 13 Feb 2012
By Stephanie Ng - Published on Amazon.com
Format: Paperback
Hi, I run a CPA exam prep site and I would like to share my thoughts on the pros and cons of this latest 2012 Wiley CPA exam review book for AUD.

WHAT YOU CAN EXPECT FROM THIS BOOK

If you are a first-time candidate, you will appreciate the first 4 chapters which cover the basic of the exam such as what to expect on the exam day, how grading is done and a few tips on how to study and pass the CPA exam.

Chapter 5 covers the main part of the book which is the review materials. It is divided into 8 modules, each with 10-30 pages long of study materials, followed by multiple choice questions as well as a simulation practice problem. Both MCQ and sims are provided with answers with explanations and sample answer respectively.

There are also 3 appendices at the end which includes a sample AUD exam as well as some released questions and testlets from AICPA.

PROS

1. Well-Written. The book is generally well organized covering all the hottest topics on AUD, including planning of engagement, risk assessment, reporting, audit sampling, and auditing with technology.

2. Great Value-For-Money. This is one of the most affordable CPA review materials you can find anywhere. The book is also updated on an annual basis -- no wonder it is the best-selling CPA review books on Amazon (by the way, get this here instead of bookstore or Wiley's website -- cheaper here)

3. Competitors Are Using Wiley As Supplements. A few CPA exam review courses such as Roger CPA Review and Yaeger CPA Review use Wiley's books and CDs to complement their lectures. In fact, Yaeger's DVD course spend a lot of time going through Wiley's MC questions as a way to clarify the accounting concepts.

CONS

1. It Over-Prepares You. While I have to say this AUD is one of shorter and better written among the 4 parts, it is still very comprehensive -- to the extent overwhelming for most readers. In comparison, other study guides or lecture notes are more concise and present only the materials you need to know for the CPA exam.

2. Layout Not User Friendly. Since you may be buying the book without physically flipping through it, I think it will be helpful to describe the overall feel and layout of the book. Well, despite the colorful cover, the book is actually printed in thin newspaper print. The questions and answers are often straddle between pages so it is very annoying to flip back and forth to read the answers. It might not sound like a big deal, but many readers of my site have joined in the complaints in this particular aspect.

3. Not An Integrated Approach. If you like this Wiley CPA review book, I strongly encourage you to get the Wiley CPA Exam Review 2012 Test Bank 1 Year Access, Auditing and Attestation for the practice questions in computerized format. However, the Wiley book + software combo is still far from the "guided review course" with lectures and a channel for you to ask a question or clarify a concept. In my opinion, the guided reviews, be it a live class or a self-study DVD, is a more integrated and thus better approach.

CONCLUSION

Many candidates manage to pass the CPA exam with Wiley product alone, so it is a good set of review guides. What you need to do now is to determine whether you are disciplined enough to study without a guided review course, that you have the time and energy to read through the entire book, and that you won't be bothered by the relatively poor layout and format.

Please feel free to post comments if you have any questions and suggestions. Best of luck to your exam!
3 of 3 people found the following review helpful
Another Wiley Reprint 7 May 2012
By h - Published on Amazon.com
Format: Paperback
This CSO for the Auditing exam did not change from last year to this year. This book contains the same Multiple choice questions from last year and only an additional 1 - 5 more MCQs for each for each section so for double the price I am paying for the same content and an 15 - 20 more MCQ. That is not right, yet this is down by Wiley every single year. The software is the same thing. 75% of questions are found on AICPA released exams from past years so what am I paying for? I am paying them to organize the free questions into sections? ok thanks wiley.
4 of 5 people found the following review helpful
A must to pass the CPA exam! 21 Mar 2012
By Damian - Published on Amazon.com
Format: Paperback Verified Purchase
A great product to buy. The new 2012 edition separates each section by topic and directs you to take a certain number of the multiple choice questions. Now you don't have to read the entire chapter before taking all of the questions. As a review of the chapter do the simulations. Good luck with AUD and all your CPA exams!
1 of 1 people found the following review helpful
Excellent supplement for a review course, however BE CAREFUL about Kindle version (explained below) 18 Aug 2012
By Phil G - Published on Amazon.com
Format: Kindle Edition Verified Purchase
I won't go into major detail, as I believe the review below was excellent. I pretty much agree with all that has been said. I would recommend this as a supplement for your CPA review course (some courses already use it as the primary course material). Using this as your ONLY method of preparation would probably be too overwhelming. By this, I mean 95% of people should NOT only use Wiley to study for the CPA exam, but use something like Yaeger or Roger CPA review to go through the book and highlight the most tested points.

I feel like there are some areas covered in Wiley that Becker does not cover, so this was a solid purchase for me. However, I purchased the Kindle edition.

PLEASE READ if you're buying the KINDLE edition:

-There are NO PAGE NUMBERS for the Kindle version. So, if you are using Yaeger for example, and the instructor says "Go to page 287", you have NO CLUE where you are supposed to go. You just have to put the lecture on pause and spend a few minutes figuring it out.

-This could only be a glitch with Kindle Cloud Reader, but some images did not even load into the book properly. I just see a little icon showing where an image should be. Pretty frustrating!

-Some of the text does not line up properly. Mainly this applies to if columns are used. So, if there are any Yes/No multiple choice questions, the criteria column headers do not line up with the answers, so it is hard to choose a correct answer.

Basically, I would NOT recommend buying the Kindle version as your only copy of this book. If you want to have an on-the-go copy (in addition to the print version), it's good for that. Amazon's price for the print version is pretty hard to beat.
96 on AUD 30 Jan 2014
By S Smith - Published on Amazon.com
Format: Paperback Verified Purchase
The Wiley books and test banks were much cheaper than other brands and yet I made a 96 on AUD using them. What more can I say?
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