The new exam structure is “a joint effort of NASBA and AICPA to transform the CPA licensure model to recognize the changing skills and competencies accounting requires today and will require in the future,” writes Jessica Salerno-Shumaker, OSCPA senior content manager, in the January/February issue of CPA voice.
In terms of preparation, candidates should start utilizing resources to learn about the changes and familiarize themselves with it. However, candidates should understand that these changes will ultimately benefit them and prepare them for the changing profession.
“According to Mike Decker, AICPA vice president of CPA examination and pipeline, it’s important to remember that the CPA Exam is a licensure exam, not a graduation exam,” writes Salerno-Shumaker. “The emphasis is not on whether someone has passed their required college courses but has the capability to work in this challenging business environment.”
Did you know that reading CPA Voice can help you satisfy your CPE requirement? No matter your location or the time of day – and even when your internet is on the fritz – you can gain CPE credit with each issue.
Every edition includes a 12-question self-assessment exam covering content from that issue. Receive a grade of 75% or higher and you’ll earn one hour of CPE credit in specialized knowledge.
Best of all, you can take the exam when and where it’s convenient for you. Exams are available online – and may be completed for CPE – through the same month of the following year.