Wiley - Wiley Cpaexcel Exam Review January 2016 Course Outlines: Business Environment and Concepts

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Copyright 2016 by John Wiley & Sons, Inc. All rights reserved.

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Published simultaneously in Canada.

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Library of Congress Cataloging-in-Publication Data:

ISBN 9781119236689

Edition 7.13

ISBN 9781119238751 (ebk); ISBN 9781119238768 (ebk)

CPAexcel content is authored by a team of accounting professors and CPA exam experts from top accounting colleges such as the University of Texas at Austin (frequently ranked the #1 accounting school in the country), California State University at Sacramento, Northern Illinois University, and University of North Alabama.

Professor Craig Bain

CPAexcel Author, Mentor and Video Lecturer

Ph.D., CPA

Northern Arizona University: Franke College of Business, Professor and Accounting Area Coordinator

Professor Allen H. Bizzell

CPAexcel Author, Mentor and Video Lecturer

Ph.D., CPA

Former Associate Dean and Accounting Faculty, University of Texas (Retired)
Associate Professor, Department of Accounting, Texas State University (Retired)

Professor Ervin L. Black

CPAexcel Author and Video Lecturer

Ph.D.

Brigham Young UniversityLecturer in international accounting and financial accounting

Professor Gregory Carnes

CPAexcel Author and Video Lecturer

Ph.D., CPA

Raburn Eminent Scholar of Accounting, University of North Alabama; Former Dean, College of Business, Lipscomb University,
Former Chair, Department of Accountancy, Northern Illinois University

Professor B. Douglas Clinton

CPAexcel Author and Video Lecturer

Ph.D., CPA, CMA

Alta Via Consulting Professor of Management Accountancy, Department of Accountancy, Northern Illinois University

Professor Charles J. Davis

CPAexcel Author and Video Lecturer

Ph.D., CPA

Professor of Accounting, Department of Accounting, College of Business Administration, California State UniversitySacramento

Professor Donald R. Deis Jr.

CPAexcel Author and Video Lecturer

Ph.D., CPA, MBA

Ennis & Virginia Joslin Endowed Chair in Accounting, College of Business, Texas A&M UniversityCorpus Christi

Former Director of the School of Accountancy, University of MissouriColumbia

Former Professor and Director of the Accounting Ph.D. Program, Louisiana State UniversityBaton Rouge

Professor Marianne M. Jennings

CPAexcel Author and Video Lecturer

J.D.

Professor of Legal and Ethical Studies, W.P. Carey School of Business, Arizona State University

Professor Robert A. Prentice

CPAexcel Author and Video Lecturer

J.D.

Ed and Molly Smith Centennial Professor In Business Law and Distinguished Teaching Professor, J.D.

McCombs School of Business, University of TexasAustin

Professor Pam Smith

CPAexcel Author and Video Lecturer

Ph.D., MBA, CPA

KPMG Professor of Accountancy, Department of Accountancy, Northern Illinois University

Professor Dan Stone

CPAexcel Author and Video Lecturer

Ph.D., MPA

Gatton Endowed Chair, Von Allmen School of Accountancy and the Department of Management, University of Kentucky

Professor Donald Tidrick

CPAexcel Author and Video Lecturer

Ph.D., CPA, CMA, CIA

Deloitte Professor of Accountancy, Northern Illinois University, Former Associate Chairman of the Department of Accounting, Director of Professional Program in Accounting Director of the CPA Review Course, University of Texas at Austin, 1991 2000

Professor Allen Bizzell has been involved with the CPA Exam for almost 30 years as a researcher, developer of exam-related materials and review course instructor. He has conducted numerous CPA Exam-related studies, including several analyses of CPA Exam candidates characteristics and performance for the Texas State Board of Public Accountancy. He has developed CPA review materials and taught review courses at both the national and local levels. Included in his innovative review materials is the use of simple network diagrams to depict the relationships between related accounting concepts/topics and the appropriate treatment for each. These diagrams are powerful tools not only for understanding accounting materials, but also for retaining the knowledge needed to pass the CPA Exam.

Several publishers have approached Dr. Bizzell to develop financial accounting textbooks incorporating his instructional methodology. According to Dr. Bizzell, he has not done so because the traditional textbook does not lend itself to using all the elements of the methodology. According to Bizzell, The CPAexcel approach is the first to provide the capabilities to capture and deliver to the user the benefits of the methodology.