The U.S. CPA Exam will now be administered at Prometric testing centers in Brazil. Read more for a list of countries from which candidates can take the exam.
Displaying: Industry News
Taking the CPA Exam in April or May? AICPA released updated score release dates
The AICPA recently updated the score release dates for the new CPA exam, which launched on April 1, 2017. If you're testing in April or May (Q2), make a note of these updated dates!
Video: Top 5 user experience changes on the CPA Exam
Taking the 2017 CPA Exam? You've heard about the content changes, but how about the user experience changes? Here are the top 5.
Taking FAR section of CPA Exam? Omnibus 2017 clarifies reporting issues will be testable
Is you're testing for FAR on the CPA Exam in 2017 Q4 or later, the GASB's Omnibus 2017, an omnibus that clarifies a wide range of accounting and financial reporting issues, will be testable.
Amendment to Topic 715, Compensation – Retirement Benefits, Testable on CPA Exam in January
Testing for FAR next January? ASU No. 2017-07, Compensation – Retirement Benefits (Topic 715), Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost, an amendment to Topic 715, will be testable on the exam.
New auditing rule requiring accounting firms to file Form AP testable April 1
PCAOB No. 2015-008, a new auditing rule designed to improve transparency regarding both the engagement partner and “other accounting firms” that may have taken part in the audit of issuers, will be testable this April 1.
Gains and losses from derecognition of nonfinancial assets testable January 2018
The FASB recently issued ASU No. 2017-05, Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets. This content will become testable on the CPA exam in January 2018.
Going concern considerations to become testable on AUD January 2018
Sitting for AUD next January? SAS No. 132, The Auditor’s Consideration of an Entity’s Ability to Continue as a Going Concern is a standard that applies to all audits of a complete set of financial statements, including financial statements prepared in accordance with a general purpose or a special purpose framework. It will become testable on the CPA exam January 1, 2018.
AICPA announces fewer simulations on the 2017 CPA Exam
Taking the CPA Exam in 2017 after April 1? We've got great news for you! On February 1, the AICPA announced there will be less task-based simulations on the exam.