Cpa exam dates 2020

What are the dates of the CPA exam? How do you schedule your CPA exam? Certified Public Accountant ( CPA ) The CPA license is the foundation for all of your career opportunities in accounting.

The official CPA Exam score release dates are updated by the AICPA each year. The CPA Exam consists of four, four-hour sections: Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR) and Regulation (REG). Additionally, recent global events have made the situation even more confusing with numerous cancellations and rescheduling for seemingly every event. The COVID-pandemic has changed the CPA exam dates significantly. Normally, there are four CPA testing windows per year in which you can take the exam.

That system is changing, which will be detailed below. If you are ready to schedule the CPA exam , know that this year the dates for the last two. Due to the novel coronavirus or COVID-1 Prometric testing centers, where the CPA Exam is taken, have temporarily closed.

See full list on ipassthecpaexam. Specifically, newly licensed CPAs will be required to demonstrate increased knowledge and skills related to distinct technology. The mission of the CPA Exam is to provide reasonable assurance to boards of accountancy that candidates passing the exam possess the minimum level of technical knowledge and skills necessary for a newly licensed CPA to protect the public interest in today’s business and financial environment.

To ensure the knowledge, skills, and tasks assessed on the CPA Exam continue to reflect the current practices of newly licensed CPAs, the AICPA’s Board of Examiners (BOE) conducts periodic practice analyses. The practice analysis identified several findings related to technology’s impact on newly licensed CPAs. Additionally, these findings broadly demonstrated a need for newly licensed CPAs to possess increased knowledge and skills related to the following three areas: 1. Understanding the business (specifically, understanding business processes, information systems, data flows, and risks and related controls) 2. Digital and data-driven mindset including data analytics (this mindset includes understanding the completeness, accuracy and relevance of data) 3. Reliance on System and Organization Controls (SOC 1) reports (as businesses are increasingly outsourcing their business processes and information systems to third parties) Accordingly, content will be added to the CPA Exam in response to the technology findings above. So, in total, there are high-level changes to the CPA Examdivided as follows: The main takeaways include the following: 1. All sections either had content removed or reassessed at a lower skill level to better reflect the work of a newly licensed CPA.

AUD and BECwere the sections most affected by the addition of new content related technology. Specific topics in FARno longer assess the preparation of journal entries. REG no longer assesses estate taxation, alternative minimum tax, or certain topics related to trusts. In conclusion, while the CPA Exam changes are always a cause for concern, I do not anticipate that these changes will make the exam any more difficult. And I also doubt that we’ll see any material changes in the CPA Exam pass ratesas a result of these changes.

So, in this case, the REG changes to remove testing on AMT and more are especially positive. Additionally, updating an exam to test on technology and analytics is becoming more commonplace. What’s more, it’s also becoming the norm to remove irrelevant content from exams that covers principles or areas that accountants aren’t using on a frequent basis. Every year, you have two opportunities to take the CFA.

NASBA Membership 1Fourth Ave. That means no large waiting windows in between your testing attempts. However, even on the continuous testing model, there’s still a schedule for the CPA Exam score release based on when you take the exam. The FE doesn’t have any set exam dates. Instea it’s offered year-round on any day except Sundays.

The reason why this test doesn’t need to follow a set schedule like the CPA exam is because it’s based on a computer based testing (CBT) format. View on this page the complete details of exam schedule, requirements, opening of online processing, deadline of filing applications, target release of CPALE result. Under the new Continuous Testing model, candidates will have the ability to take the Exam year-roun without restriction, other than waiting to receive scores from prior attempts of. We will continue to monitor regional closures that may impact these windows as the COVID-situation progresses. CPA Exam Dates The Uniform CPA Examination is offered in a computer-based format on a continuous basis.

There is no filing deadline. This helps candidates know when they’re ready to sit and pass the CPA Exam as opposed to putting in hours of studying and hoping they’re ready.