Becker Professional Education – CPA Exam Review – 2009 Financial 9 Update Financial 9 Updates for 2009 Edition Last Updated October 19, 2009 SECTION A: TEXT AND LECTURE ERRATA FARE Text Page Intro-6 IV. SOFTWARE Part of the Becker program is the use of PassMaster® and the Simulation Software. All homework questions are contained on these two software programs. PassMaster® contains thousands of prior exam multiple-choice and Other Objective Answer Format questions for your use in preparation. The homework necessary to reinforce the concepts introduced in the lectures is organized on a lecture-by-lecture basis. The Simulation Software contains simulations organized by lecture for the sections of the exam that are incorporating simulations: Financial Accounting & Reporting, Auditing & Attestation, and Regulation. The Simulation Software also provides a comprehensive final exam for each part. The Business Environment & Concepts section does not currently contain simulations. Also, the topical areas of law, governmental, and not-for-profit accounting will not contain simulations. We have included in the Simulation Software simulations in this these topical areas. We believe exposure to the technology and content tested in these areas is advantageous to the candidate. We have prepared comprehensive tutorials, which are accessible on the CD you received with your course materials, on both of these software programs. Please review the tutorials before using these programs. NOTE: There is no longer any guarantee that the examiners will not use simulations to test governmental and not for profit topics. Be sure to work all your simulations, including the governmental and not for profit simulations. The AICPA may use simulations for these topics. F9 Lecture: The national lecturer makes a couple of references to governmental and not-for-profit accounting being tested exclusively within the multiple choice question testlets. As indicated above this is no longer a true statement. Bei SECTION B: PASSMASTER, SIMULATIONS & QUIZZES ERRATA The Directions tab for F9 Simulation #2 should be changed to read as follows: Note that there may will not be a simulation on this topic on the exam. This simulation is provided for you to reinforce the material and give you additional practice with the user interface and functionality of simulations. NOTE: There is no longer any guarantee that the examiners will not use simulations to test governmental and not for profit topics. Be sure to work all your simulations, including the governmental and not for profit simulations. The AICPA may use simulations for these topics. 1 © 2009 DeVry/Becker Educational Development Corp. All rights reserved. Becker Professional Education – CPA Exam Review – 2009 Financial 9 Update SECTION C: TEXT AND LECTURE ADDITIONAL OR ENHANCED INFORMATION None SECTION D: PASSMASTER, SIMULATIONS & QUIZZES ADDITIONAL OR ENHANCED INFORMATION None EDITORS' NOTES Some of the Items above have come from our internal review process, some have come from questions and comments from Becker instructors around the world, and some have come from questions asked by various candidates, either from Becker KnowledgeBase or in online or live classes. We wish to thank all of these individuals as a group for their efforts to improve our materials. 2 © 2009 DeVry/Becker Educational Development Corp. All rights reserved.