Three overlapping themes are discussed for effectively assessing competency: 1) Overcoming unintended consequences by reducing emphasis on exams as hurdles and promoting accountability for demonstration of learning. This involves quality improvement activities and using licensing data to facilitate learning plans. 2) Turning quality assurance into quality improvement by further integrating assessment across training with attention to improvement. This involves a formative testing platform and diagnostic assessments to feed data. 3) Ensuring authenticity by using portfolio-supported workplace assessments and increasing real world uncertainties in assessments. Examples include sequential OSCE stations and requiring reflection on alternative actions.