On Oct 17, 2008, the AICPA Board of Examiners (BOE) finalized its report, Content and Skill Specifications for the Uniform CPA Examination. They will serve as the blueprint for content and skill requirement changes to be made to the CPA exam in the near future. This article summarizes the practice analysis process; the upcoming changes; and the implications for educators, CPA exam candidates, and accounting practitioners. The BOE is responsible for exam revisions and ensures that the exam continues to meet its public protection mandate and reflects changes in entity-level skills required of CPAs. A rigorous CPA exam that reflects the challenges facing today's accounting professionals helps maintain the relevance and credibility of the CPA credential while preparing accounting professionals for the challenges of a swiftly changing world. Because the exam is now computerized, changes in the business environment can be easily incorporated. This allows the CPA exam to test the current skill sets needed to succeed in accounting practice.
Upcoming Changes to the CPA Exam Teresa T King; H Wayne Cecil; Christine P Andrews The CPA Journal; May 2009; 79, 5; Docstoc pg. 5
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