The AICPA and NASBA sign an agreement with Prometric, a designer of technology-based testing services, under which CPA candidates will be able to take a computerized uniform examination at more than 300 locations in early 2004 ( ). The electronic test will differ from its paper predecessor not only in format, but also in content, with greater emphasis on information technology and general knowledge. Other new features of the computerized version include an assessment of research and communication skills and a broader scope with respect to audit and attest functions. Candidates’ last paper-based exam will be in November 2003.


6 key areas of change for accountants and auditors

New accounting standards on revenue recognition, leases, and credit losses present implementation challenges. This independently-written report identifies the hurdles that accounting professionals face and provides tips for overcoming the challenges.


How tax reform will impact individual taxpayers

Amy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, answers to some of the most common questions on how the new tax reform law will impact individual taxpayers.