The new computerized CPA exam became effective in 2004. Focus Notes provides a review of all the basic skills and concepts tests on the CPA exam and teaches important strategies to take the exam faster and more accurately. The Business Environment section of the exam will cover knowledge of the general business environment and business concepts underlying transactions to demonstrate an understanding of the accounting implications. Candidates will be required to demonstrate knowledge of business structure, economic concepts, financial management, information technology, and planning and measurement. Wiley Focus Notes are designed to provide that knowledge in formats that are easy to understand and remember.