It is widely believed (and I held it to be true up until today) that only one simulation is graded on the CPA Exam. This is not true. Someone passed on to me some information from a contact at the AICPA in New York that both simulations are graded, but only one written communication is […]

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According to the Uniform CPA Examination Alert the old format of two simulations will be replaced by 5 or 6 shorter Task-Based Simulations. Unlike the current two simulations, the new simulations will be independent of each other and each question will derive from a new set of information. Once approved by the end of 2008, […]

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