The AICPA is soliciting feedback on the draft content proposed in the new Core and Disciplines CPA Examination structure. This request for input is the next step in the CPA Examination Practice Analysis, which is designed to determine the knowledge and skills that newly licensed CPAs need to protect the public interest under the CPA Evolution licensure model. Stakeholders are asked to provide feedback on preliminary content through Sept. 7, 2021. This valuable input from the profession will help guide the development of new CPA Exam blueprints and Exam design, which will then be shared via an Exposure Draft, which is planned in July 2022.
CPA Evolution is a joint AICPA/NASBA initiative that is transforming the CPA licensure model to recognize the rapidly changing skills and competencies the accounting profession requires. Under the CPA Evolution licensure model, all candidates will be required to take three Core sections that will assess the knowledge and skills that all newly licensed CPAs need in their role to protect the public interest covering: Accounting, Auditing & Attestation, and Taxation. The three Disciplines are Business Analysis and Reporting, Information Systems and Control and Tax Compliance and Planning. Due to its central role in the profession, technology concepts will be incorporated into all Core and Disciplines sections.
Stakeholders are invited to share their thoughts on draft content that might be assessed in each area of the Core and Disciplines section by filling out a short 20-25 minute online survey by Sept. 7, 2021.
More information on the current practice analysis to develop a CPA Evolution-aligned CPA Exam, include general information, timelines and FAQs is available online and will be updated regularly.
A final report on the results of the practice analysis, including final CPA Evolution Exam Blueprints and related Exam design, is slated to be published on Jan. 1, 2023. The new Exam is expected to be launched in January 2024.