Category Archives: Industry News

Will Artificial Intelligence Take Over Accounting?

By Rachael Brink

Will Artificial Intelligence Take Over Accounting? with Robot

Artificial Intelligence (AI) is often used in science fiction to describe robots that take over the world, but lately the term has worked its way into workplaces around the world. As technological innovations become more sophisticated, AI is able to take on specific tasks in industries like customer service and manufacturing that previously could only […]

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 […]

Surgent CPA Review recently hosted its first ever Virtual Roundtable, titled “Is the CPA License Losing Its Luster?” The online event was moderated by Surgent Exam Review Co-founder and Chief Knowledge Officer, Liz Kolar, CPA, CGMA, and featured six distinguished panelists — all at different stages in their respective careers — with experience spanning a […]

Top Trends in CPA Exam Review Courses for 2019

By Carolyn Rivera

Since prospective CPA Exam candidates, accounting firms, and many other organizations want to know how to improve their CPA study materials resulting in increased CPA Exam success rates, we sat down with Surgent’s Chief Executive Officer, Evan Kramer, to get some inside information on coming trends he sees on the horizon for CPA Exam Review courses.

Everything You Need to Know about the 2019 REG Changes

By Susan Cox, M.Acc., CPA

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In 2019, the biggest changes candidates will see on the CPA Exam will be on the Regulation (REG) section. Keep reading to learn more about where these REG changes came from, when the new tax law will be tested, what we recommend to candidates, and a list of exactly what those changes entail. The Tax […]

automation certified public accountants

Automation conjures up images of robotic hands doing the work of humans; we don’t necessarily associate it with the accounting profession. However, new technology is being developed every day to improve the time it takes to enter, gather and interpret accounting data. But what are the implications of automation for a highly competitive and respected […]

2019 CPA Exam Blueprints: What You Need to Know

By Susan Cox, M.Acc., CPA

What are the CPA Exam Blueprints? The AICPA builds the CPA examination from the “specs” contained in a document called Blueprints. The CPA Exam Blueprints are updated and published once or twice a year, and the version used to build the 2019 exam was just released this month. There is a Blueprint for each exam […]

Cryptocurrencies have made their way into the spotlight in the last few years, becoming increasingly popular with both individual investors and companies. But as their popularity has grown, so have the laws around them. As future accountants, it’s essential you understand cryptocurrencies to help you both stand out as a financial professional and provide the […]

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Each year, the CPA exam is updated to include relevant topics based on new legislation, updates to the Authoritative Literature by the AICPA, or other changes affecting the business environment. As a CPA exam candidate, knowledge of what these updates are and when they go into effect can be critical; they’re huge indicators of what […]

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  The AICPA recently released a list of revisions to the CPA Exam Blueprints, to take effect 7/1/2018. While CPA Exam candidates should be sure to consult the most up-to-date blueprints document, rest assured! The AICPA confirms that these revisions do not change “the nature or scope of content eligible for testing in an Exam […]