Evan Vitale presents the latest news on the CPA exam. They have opened up a section to public comment! How exciting is that! Follow up and find out more on his blog: evanvitale.org
2. THE AMERICAN INSTITUTE OF CPAS
PRESENTED EXCITING NEWS LAST
WEEK. THEY ARE PLANNING TO
REVAMP THE CPA EXAMINATION.
3. THIS IS NOT THE EXCITING
NEWS AS THE TEST IS OFTEN
UPDATED FOR CONTENT AND
RELEVANCE.
4. THE EXCITING NEWS IS THE AICPA HAS
DECIDED TO OPEN AT LEAST A
PORTION OF THE REVISIONS UP TO
PUBLIC COMMENT.
5. UNTIL NOW, THE CONTENT OF THE TEST
HAS LARGELY BEEN DECIDED BY A SMALL
GROUP AT THE AICPA, THE HEAD OF WHICH
CURRENTLY IS MICHAEL A. DECKER, AICPA
VICE PRESIDENT OF EXAMINATIONS.
6. DECKER AND HIS EXAMINATIONS TEAM
RELEASED AN OPEN INVITATION FOR
COMMENTS THAT WOULD HELP UPDATE THE
RELEVANCE OF THE CPA EXAMINATION,
SPECIFICALLY IN THE PRACTICE ANALYSIS
SECTION OF THE EXAM.
7. THIS NEWS IS BEING HERALDED AS A BIG
STEP IN THE RIGHT DIRECTION FOR THE
AICPA BY MANY BECAUSE TIMES ARE
CHANGING QUICKLY AND CPAS ARE BEING
REQUIRED TO USE NEW AND DIFFERENT
SKILLS EVERY YEAR.
8. THE EXAMINATIONS TEAM DOES FANTASTIC
WORK INDEPENDENTLY BUT IT IS NEARLY
IMPOSSIBLE TO KEEP UP ON THE TRENDS
IN THE WORLD OF ACCOUNTING IF YOU ARE
NOT ENGAGED IN PRACTICE.
9. THUS, WHO BETTER TO HELP KEEP THE
EXAM RELEVANT AND ENSURE NEW CPAS
ARE READY FOR THE REAL WORLD
ACCOUNTING THAN CONTEMPORARY
ACCOUNTANTS THEMSELVES.
10. WITH THE ADDITIONAL HELP OF
CPAS AROUND THE COUNTRY, THE
TEST WILL GAIN A NECESSARY
UPDATE THAT WILL INCLUDE UP-TO-DATE
SKILLS AND IDEAS.
11. THIS WILL STEER CPA CANDIDATES
TOWARDS STUDYING RELEVANT
MATERIAL AND PREPARE THEM
SUFFICIENTLY FOR THE EVER-CHANGING
WORLD OF PUBLIC ACCOUNTING.