[GWS CPA]

This is a new skill level that candidates have to utilize during the new version of the CPA exam.

It is the next skill level after Analysis.

AUD is the only section that candidates have to utilize Evaluation.

AUD: 5%-15%
BEC, FAR, and REG: none

OBSERVATIONS and INSIGHTS

Evaluation is the examination or assessment of problems, and use of judgment to draw conclusions.

Evaluation appears only in AUD’s TBSs, especially Enhanced TBSs and Document Review Simulations (DRSs). This skill level does not appear in MCQs and BEC’s WCs.

The common auditing tasks that candidates are expected to use evaluation are:

Conclude that the internal control is effectively designed and effectively operated as designed to prevent, detect, and correct material financial misstatements and misappropriations of assets.

Conclude that the evidence obtained is sufficient (quantity), appropriate (quality), corroborative (good enough in both quantity and quality to give an opinion), and persuasive (good enough according to an auditor’s judgment and professional skepticism, and supporting documentations to give an opinion).

TIPS

Evaluation is the new skill level that candidates have to utilize in the new version of only AUD, so they have to practice on AUD simulations (especially DRSs and Enhanced TBSs that have a lot of resources and exhibits on separate tabs). Even though candidates do many (and many) AUD MCQs, doing a lot of them may not enough to conquer (and pass) the new version of AUD because evaluation appears only in AUD simulations and these simulations are worth 50% of the AUD final grade. So, candidates have to do AUD simulations more often and in greater numbers than ever before to ensure that they effectively utilize the evaluation skill level and to pass the new version of AUD of the CPA exam.

Evaluation can be utilized after candidates have remembered, understand, applied, and analyzed the auditing concepts, especially internal controls and audit evidences.

There is one more skill level after Evaluation in Bloom’s Taxonomy; it is Creation. Creation is not utilized in the CPA exam. So, Evaluation is the highest skill level in Bloom’s Taxonomy that can be tested on the new version of the CPA exam.

Good Luck for the CPA candidates taking the new version soon.

[Anonymous]

It would seem that the new format will require longer periods of study time for most people?? No more “knock it out in 4 weeks while working full time” / “skate by on the MCQ” anymore, it doesn't sound like.

[Author]

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