Collaboration, Change, and Success: A Uniform CPA Success: A ...

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Ensuring continued protection of the public by maintaining relevance and validity. CBT-e Changes. New Content and Skills Outlines take effect. BEC will have ...
10/14/2010

Collaboration, Change, and Success: A Uniform CPA Examination Update NASBA Annual Meeting October 2010 San Antonio, TX D Douglas l E. E Warren, W CPA

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Our Topics Today NASBA, AICPA, and Prometric: Collaboration that works CBT-e update: score reporting and standard setting October BOE Meeting highlights

American Institute of CPAs

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NASBA – AICPA Collaboration BOE structure reflects effective balance • Regulators and non-regulators

Facilitating three-party success • Over the past 5+ years, NASBA, AICPA, and Prometric have established an excellent track record of quality and service.

Joint project management enabling smooth transition to CBT-e • Most significant set of changes to the Exam since 2004 • Ensuring continued protection of the public by maintaining relevance and validity

American Institute of CPAs

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CBT-e Changes New Content and Skills Outlines take effect BEC communications C will have a e written tte co u cat o s (add 30 minutes) AUD, FAR, and REG will have more and shorter simulations (AUD shortened by 30 minutes) Simulations, which have proven to be very strong from a measurement perspective, will have greater weight in the final score

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CBT-e Update Standard Setting • The BOE will convene in November in Dallas to review the panel held in August findings of the Passing Score panel, • New passing scores are expected to be fixed at the February BOE meeting

Early Score Reporting • January-February 2011 scores will only be released in one wave at the end of the quarter • Score reporting for the September-October 2011 window and beyond will be released four or more times per window, up from twice per window today • Timing of release of scores will be predictable

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October 1-2 BOE Meeting Highlights • • • • •

Passing scores Examination Team finances CBT-e transition, testing and contingency, and roll out plans Entire item development and production reengineering process Regional CPA Exam Forums

Deepen focus on State Board and candidate outreach though professional communications Role of the BOE

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Examination Highlights Service to candidates remains a priority Candidate Ca d date sat satisfaction s act o at a an a all-time t e high g • 98.3% overall satisfaction with Exam administration

NASBA, AICPA, and Prometric collaboration is at an all-time high • Imminent release of CBT-e, the most significant set of changes to the Exam since 2004 • International administration of the Exam

Test volumes remain strong • October-November volume is likely to be highest since CBT began in 2004 • January-February volume is expected to be lower than in the past American Institute of CPAs

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Annual Volume Growth 350,000 300,000 250,000 202 354 202,354

266,874

294,594 90,000 ,

178,266

200,000 150,000

224,494

247,351

204,594 107,954

100,000 50,000 -

2004

2005

2006

2007

Actual Volume Through 10Q3

2008

2009

2010

10Q4 Estimate

Note: Based on current scheduling data through Sept 21, 2010, volume for Q4 calendar year 2010 is estimated to 90,000 sections. Thereby, total calendar year volume for 2010 is estimated to be approximately 295,000 sections (a growth rate of 10.38%).

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Thank you! It has been a pleasure to speak to you today.

American Institute of CPAs

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