The AICPA is inviting public comment as it shapes the next version of the Uniform CPA Examination to ensure that it continues to reflect the skills needed by newly licensed CPAs.
An invitation to comment is the first opportunity for public input in the practice analysis, a comprehensive study the AICPA is conducting to determine the outline for the next version of the CPA exam.
“The Invitation to Comment is an opportunity for key stakeholders such as state boards of accountancy, standard-setters, public accounting firms, academics and state CPA societies to review our preliminary research and provide feedback,” says Michael Decker, AICPA vice president of examinations. “This valuable input will help influence the development of the exam and ultimately ensure that we’re continuing to protect the public interest while setting the standard for testing accounting professionals.”
The next version of the exam is scheduled to be launched in 2017. The invitation to comment includes information on the project’s milestones, results from preliminary research and specific questions about potential changes to the exam.
The AICPA also will undertake a large-scale survey of CPAs late this year to gather additional input and will revise the draft exam blueprints early next year before issuing a final proposal as an exposure draft for public comment later in 2015. Comments on the exposure draft will be incorporated into the design of the next version of the CPA exam. The format will be announced in 2016.