CPA Exam to Phase in Testing of PCAOB Standard
On June 1, 2017, the Public Company Accounting Oversight Board (“PCAOB” or “Board”) adopted a new standard, The Auditor’s Report on an Audit of Financial Statements when the Auditor Expresses an Unqualified Opinion (PCAOB Release No. 2017-001). The Securities and Exchange Commission approved the standard on October 23, 2017. The Board adopted a phased approach […]
100 Years of CPA Exam as Licensure Requirement
A lot has changed over the last 100 years with the evolution of the CPA profession. Old fashioned calculators gave rise to Microsoft Excel. Stacks of financial statements have morphed into data in the Cloud. And many CPAs have expanded beyond auditing or tax services through the growth of specializations such as IT assurance, financial […]
THE 2018 CPA EXAM CHANGES
The 2018 Certified Public Accountants (“CPA”) Exam changes will be less extensive than the changes which we have experienced in 2017. However, it is imperative that we know and understand the changes, be equipped for all CPA Exam eventualities, and know the pros and cons from the student’s perspective. In summary, the changes are: Accounting […]
NASBA Creates Webpage Dedicated to the Next Version of the CPA Exam
February 6, 2017 The continuous improvement of the Uniform CPA Examination (Exam) is necessary to ensure the Exam continues to align with professional practice, reflect the needs of today’s profession and the work of newly licensed CPAs, and support the regulatory responsibility of the Boards of Accountancy to license CPAs. Research conducted by the American […]
