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
1
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
The Uniform CPA Examination 2
1
10/14/2010
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
The Uniform CPA Examination 3
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
American Institute of CPAs
The Uniform CPA Examination 4
2
10/14/2010
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
American Institute of CPAs
The Uniform CPA Examination 5
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
American Institute of CPAs
The Uniform CPA Examination 6
3
10/14/2010
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
The Uniform CPA Examination 7
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%).
The Uniform CPA Examination 8
4
10/14/2010
Thank you! It has been a pleasure to speak to you today.
American Institute of CPAs
The Uniform CPA Examination 9
5