Category Archives: Industry News

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 […]

emergency-testing-period-announced

BREAKING NEWS. In an email sent to CPA Exam candidates on March 25th, 2020, NASBA, AICPA, and Prometric announced their decision to offer additional testing opportunities. The 2020 Q2 testing window will be extended from June 10th, 2020 to June 30th, 2020 (what was previously a blackout period). Previously, Prometric announced it would be closing […]

How to Study For Your CPA While Working Remote

By Megan Bierwirth

The novel coronavirus has truly changed the way we go about our everyday lives. Things we never thought about before, like going to the grocery store, going to the gym, and going to work are being changed and restricted at a rapid pace. Many of us are now telecommuting (or working from home) as many […]

NASBA Recommending Notice to Schedule Extensions

By Megan Matthews

As we shared recently, Prometric are closing their US and Canadian testing centers until at least April 16th – in response to the recommended measures to prevent the spread of COVID-19. This means that all current students in the process of testing will receive emails to reschedule after the closure ends, with no rescheduling fees […]

The accounting industry is vastly different from what it looked like a decade ago. Major shifts like the digital transformation in business, growing investment in blockchain, and increased interest in risk management mean that recruiters at top firms are seeking out candidates with more diverse skillsets than ever before. Today’s average associate has changed. Has […]

Will Artificial Intelligence Take Over Accounting?

By Carolyn Rivera

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.