A combined NASBA-AICPA initiative, the new model proposes a core mastery of accounting, audit, tax, and technology, with the ability to deepen knowledge in one of three primary disciplines. The model is meant to enhance public protection by bringing deeper knowledge and skills to the profession.
Current Updates
- In February 2022, NASBA released a transition policy for candidates starting the exam in 2023 but continuing to take sections after the prosed changes.
- The Pennsylvania State Board of Accountancy is currently deciding how proposed recommendations will be implemented.
CPA Evolution Impact
CPA Exam
- The exam will still be no more than 16 hours, with three core sections and one discipline section.
Education
Tentative Key Dates Announced
2023
- Dec. 15: Last day of testing for all current CPA Exam sections
- Dec. 16 - Jan. 9, 2024: No CPA Exam scheduling (IT system conversion)
2024
- Jan. 10: Testing will begin