This Thirty-First Edition is completely revised to give you a clear advantage on the new computerized CPA exam.For thirty years, Wiley has been the number one choice of CPA candidates worldwide. Each year, over 60,000 professionals take the CPA exam and look to Wiley CPA Exam Review to help them review and prepare. Published annually, this comprehensive two-volume set thoroughly reviews all four sections of the CPA exam. The unique modular structure divides studying into forty-four self-contained modules for flexibility and allows CPA candidates to zero in on areas that need work and to concentrate their study program.Volume 1 contains all study guides and outlines, while Volume 2 contains all problems and solution. With over 2,700 multiple-choice questions and 150 practice problems and essay questions, these study guides provide all the information necessary for candidates to pass the uniform CPA exam. It includes AICPA content requirements and offers three times as many examples as other CPA study guides.O. Ray Whittington, PhD, CPA, CMA, CIA (Chicago, IL), is the Ledger Quill Director of the School of Accountancy at DePaul University. Patrick R. Delaney, PhD, CPA, was the department chair at Northern Illinois University. He spent nearly three decades as a respected colleague of John Wiley & Sons and author of the Wiley CPA Exam Review, and coauthored Wiley GAAP: Interpretation and Application of Generally Accepted Accounting Principles.