Category Archives: CPA Exam Changes

AUD Study Tips

By Elizabeth Kolar, MBA, CPA, CGMA

AUD Study Tips

If you follow our blog, you may have seen that we’re now recommending (for the time being) to sit for AUD first. That’s quite a departure from our typical Exam section order recommendation, we know. But ultimately, it’s your most efficient route to a passing score right now, with the upcoming exam changes and the […]

The AICPA Approves CPA Evolution Licensure Model

By Megan Matthews

AICPA Approves Exam Model Change

The American Institute of CPAs’ Council held their first-ever virtual Council meeting, where they elected a new chair and approved the CPA Evolution model that AICPA and NASBA have been developing with a focus on more technology skills. This, along with an updated Exam to reflect the changes, is expected to be available in January […]

The CPA Exam is difficult enough at the best of times – but right now, with COVID-19 impacting study journeys and delaying test dates, it’s even tougher. Typically CPA Candidates have 18 months to sit for and pass all four sections of the CPA Exam – but because of these delays, NASBA is encouraging State […]

Right now, deciding how to study, what to study, or even if you should be studying can seem daunting and difficult to determine. Given upcoming CPA Exam changes to certain exam sections and Prometric delays, the conditions that the current pool of CPA Candidates face is unprecedented. Because of this, the approach these candidates take […]

What Continuous Testing Means For You

By Megan Matthews

If you haven’t yet heard, NASBA, AICPA and Prometric will offer continuous testing for CPA Exam candidates in the United States from July 1st, 2020 with all state boards backing it. That’s right – no more black out periods or CPA exam testing windows, and no more waiting months to re-sit the exam you’re totally […]

CPA Exam Testing Expanded to India

By Meagan Boonie

cpa-testing-india-announcement

It’s no surprise that the COVID-19 pandemic has thrown CPA Exam preparation for a loop. Testing center closures have forced many candidates to adjust their CPA Exam study schedules, seek NTS extensions from state boards, and, in some cases, ask for extensions to their 18-month testing window. Fortunately, NASBA, AICPA, and Prometric have been rolling […]

BREAKING NEWS — In response to candidate requests, NASBA, AICPA and Prometric will offer continuous testing for CPA Exam candidates in the United States from July 1st, 2020. What is Continuous Testing? Under the Continuous Testing model, candidates will have the ability to take the Exam year-round, without restriction – with the only exception being […]

FAQ: What is Blockchain and How Does it Impact Me?

By Jack Castonguay

With the influx of new technologies, we know that the role of each accountant professional is changing. But with terms like ‘Blockchain’ and ‘Cryptocurrency’ being little more than buzz words to a lot of us, Jack Castonguay, our Director of Accounting & License Preparatory content, has answered some of our most commonly asked questions. Get […]

FAQ: The Future of the CPA

By Elizabeth Kolar, MBA, CPA, CGMA

It’s no secret that the accounting profession is changing – and with it, so is the future of the Certified Public Accountant (CPA). Whether it’s the rise of block chain, or new business environments for entry level roles at accounting firms,

FASB Update Topic 470: Debt on Classified Balance Sheets

After receiving comments from various stakeholders following an initial proposal in 2017, on September 13, the FASB rereleased proposed Accounting Standards Update, Debt (Topic 470): Simplifying the Classification of Debt in a Classified Balance Sheet (Current versus Noncurrent). The standard applies to all for-profit and not-for-profit companies that have outstanding debt and prepare a classified […]