Ask Joey ™ a Question

Does the AICPA offer practice tests?

The AICPA has been kind enough to prepare practice tests for each section of the CPA exam (BEC, FAR, REG, and AUD). While the practice tests do not simulate the full exam, they do provide an brief overview of each section of the exam you can expect to encounter on test day.

Each sample test has five testlets with 10 MCQs and 6 TBSs, except BEC, which has 10 MCQs, 3 TBSs and 2 WCTs. Give these a whirl as the extra practice can’t hurt!

Here is the link to get started: https://www.aicpa.org/becomeacpa/cpaexam/forcandidates/tutorialandsampletest.html


You might also be interested in...

  • How can variable sampling risk impact the efficiency or effectiveness of an audit?

    Audit risk is comprised of inherent risk, control risk, and detection risk. The level of substantive testing that the audit performs is based on detection risk, which is set after the audit team assesses inherent risk and control risk. Variable Sampling – Substantive Testing When the audit team is performing substantive testing, they will use […]

  • What happens if control risk is set too high or too low?

    Audit risk is comprised of inherent risk, control risk, and detection risk. Depending on how the audit team assesses control risk, they would set detection risk, which determines the level of substantive testing that should be performed. To assess control risk, the audit team would use attribute sampling to determine if the controls were operating […]

  • What is business intelligence?

    In general, business intelligence is the strategy and technology used by a company to analyze their data. There are a number of difference functions that fall under the business intelligence umbrella. These include analytics, data mining, processing mining, use of dashboards, etc. The biggest problem most companies face is that they have a ton, and […]