Professional development

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 that newly licensed CPAs need to protect the public interest.

An Invitation to Comment, available at, is the first document available for public comment in the Practice Analysis, a comprehensive study the AICPA is conducting to determine the outline for the next version of the CPA exam.

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.

Comments will be accepted until Dec. 2 on a survey link provided by the AICPA, available at

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 in response to the exposure draft will be incorporated into the design of the next version of the CPA exam, the format of which will be announced in 2016.


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.