Professional Issues


The AICPA, the National Association of State Boards of Accountancy and Prometric, a developer of electronic testing systems, present an online tutorial for the computerized uniform CPA examination ( www.cpa-exam.org/lrc/exam_tutorial.html ). Its purpose is to familiarize accounting students and exam candidates with the test’s design and operation. The tutorial reviews the types of questions that appear in the electronic version and enables users to simulate certain functions, such as answering a question. The first computer-based exam will be administered on April 5, 2004, and the final paper-based examination will be given on November 5–6, 2003.

SPONSORED REPORT

Revenue recognition: A complex effort

Implementing the new standard requires careful judgment. Learn how to make significant accounting judgments and document them and collaborate with peers for consistent application.

VIDEO

How to Excel pivot a general ledger

The general ledger is a vast historical data archive of your company's financial activities, including revenue, expenses, adjustments, and account balances. J. Carlton Collins, CPA, shows how to prepare data for, and mine data with, PivotTables.

QUIZ

News quiz: Taking an economic snapshot and looking to the future

Recent news included IRS actions that affect individuals and partnerships and a possibly influential move by a Big Four accounting firm.Take this short quiz to see how much you know about the news.