Monthly Archives: October 2016

income taxes

The FASB issued Accounting Standards Update No. 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory. This will be eligible for testing on the CPA exam in July 2018.


Starting on October 15, 2016, Prometric will be conducting much stricter inspections at testing centers in the U.S.

adaptive technology

Adaptive learning systems endeavor to transform the learner from passive receptor of information to collaborator in the educational process.


The AICPA has released a new sample test for the next version of the CPA Exam, which launches April 1, 2017.


SARS No. 22 – Compilation of Pro Forma Financial statement, which supersedes SSARS No. 14, is testable on the CPA Exam in July 2017. SSARS No. 22 takes effect for compilation reports on pro forma financial information dated on or after May 1, 2017.