CPA Evolution Exam Deadlines: What You Need to Know
Hello fellow aspiring CPAs and accounting enthusiasts! Today, we are delving into the latest updates regarding the CPA Evolution Exam deadlines, as mentioned in the
Hello fellow aspiring CPAs and accounting enthusiasts! Today, we are delving into the latest updates regarding the CPA Evolution Exam deadlines, as mentioned in the
Welcome to CPATasks.com! Aspiring Certified Public Accountants (CPAs) and finance professionals, we have some crucial information for you. The American Institute of Certified Public Accountants
Welcome to CPATasks.com, your one-stop destination for all things related to the Certified Public Accountant (CPA) profession! Aspiring accountants, seasoned professionals, and everyone in between,
Current CPA candidates will still be able to sit for the current CPA Exam until the launch of the Evolution-aligned CPA Exam in 2024. NASBA has announced a transition policy for candidates who have started, but not completed, the CPA Exam process by January 2024
Under the new licensure model, the Uniform CPA Examination will consist of three core sections and the candidate’s choice of one of three discipline sections. A candidate will be required to pass three core sections and one discipline section to meet the Exam requirements for licensure.
The discipline sections provide an opportunity for candidates to demonstrate a deeper level of knowledge in one pillar of the profession but will not prevent candidates from practicing outside that discipline once licensed. The three disciplines are Business Analysis and Reporting (BAR), Tax Compliance and Planning (TCP), and Information Systems and Controls (ISC).
The CPA Exam provides reasonable assurance to Boards of Accountancy that individuals who pass the CPA Exam possess the minimum level of knowledge and skills necessary for initial licensure as a CPA. To remain relevant to a dynamic profession and current with the real-world demands on nlCPAs, the CPA Exam must continually evolve.
The three Core exam sections, each four hours long, are: Auditing and Attestation (AUD), Financial Accounting and Reporting (FAR) and Taxation and Regulation (REG). The three Discipline exam sections, each four hours long, are: Business Analysis and Reporting (BAR), Information Systems and Controls (ISC) and Tax Compliance and Planning (TCP).