What are Simulations?
Simulations are a new component of the computer-based CPA exam. The AICPA defines simlations as an "assessment of knowledge and skills in context approximating that found on the job through the use of realistic scenarios and tasks, and access to normally available and familiar resources". Simulations are intended to assess knowledge and skills that are appropriate to expect of an entry-level accountant.

Simulations are essentially condensed case studies that will test candidates’ knowledge and skills using real life work-related situations. Each simulation is approximately 30-50 minutes in length and will complement the multiple-choice portion of the examination. Each exam section, except Business Environment and Concepts, will initially include two simulations.

Do I need special training to successfully complete these simulations?
CPA candidates are assumed to possess basic computer skills including the use of a mouse and keyboard. In addition they are expected to know how to use common spreadsheet and word processing functions, including writing formulae for spreadsheets. They must also have the ability to use a four-function calculator or a spreadsheet to perform standard financial calculations. In addition, candidates will be asked to use authoritative literature, to answer auditing, accounting and taxation questions, to support judgments, and to create formal audit communications.

All CPA candidates are strongly encouraged to review the exam tutorial at http://www.cpa-exam.org/lrc/exam_tutorial.html. The tutorial explains the design and operation of the computer-based test, and reviews the types of questions and responses used in the new exam. Sample tests that contain a few sample multiple-choice questions and a sample simulation for each applicable section (BEC will not contain simulations at launch) will be available at www.cpa-exam.org in early 2004. The sample tests will use the same software that is used for the operational examination. Neither the tutorial nor the sample test will be available at the test centers.

Will I have to learn any special software or programs in order to complete the simulations?
CPA candidates are expected to know how to use common spreadsheet and word processing functions, including writing formulae for spreadsheets. They must also have the ability to use a four-function calculator or a spreadsheet to perform standard financial calculations. In addition, candidates will be asked to use online authoritative literature. Many of the question types used in the simulations are based on familiar computer interface controls (e.g., text entry, mouse clicks, highlighting, copy and pasting). In order to become familiar with the electronic tools provided for research questions, further practice may be required.

What resources will I have access to during the test-taking session?
Resources available depend on the simulation that the candidate receives. Those common to all simulations include a four-function pop-up calculator, a blank spreadsheet with some elementary functionality, and authoritative literature appropriate to the section of the test.

While completing the case study simulations, you will use financial accounting, auditing, or taxation databases. The financial accounting database will include certain portions of the FASB’s Original Pronouncements and Current Text. The auditing database will include certain portions of the AICPA’s Professional Standards. The taxation database will include certain portions of the federal tax code. The databases include all the excerpts that are necessary for completion of the case study simulations.

What skills are going to be measured in these simulations? How are those skills going to be measured?
The revised CPA Examination will assess the skills an entry-level CPAs must have in order to ensure the protection of the public interest, as identified by the most recent accounting practice analysis. The skills are: Analysis, Judgment, Communication, Research, and Understanding.

	Analysis is the ability to organize, process, and interpret data to develop options for decision-making.
	Judgment is the ability to evaluate options for decision-making and provide an appropriate conclusion.
	Communication is the ability to effectively elicit and/or express information through written or oral means.
	Research is the ability to locate and extract relevant information from available resource materials.
	Understanding is the ability to recognize and comprehend the meaning and application of a particular matter.