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 tinyurl.com/mtm4qu5, 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 tinyurl.com/lqotfmy.

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.

SPONSORED REPORT

Get your clients ready for tax season

Upon its enactment in March, the American Rescue Plan Act (ARPA) introduced many new tax changes, some of which retroactively affected 2020 returns. Making the right moves now can help you mitigate any surprises heading into 2022.

100th ANNIVERSARY

Black CPA Centennial, 1921–2021

With 2021 marking the 100th anniversary of the first Black licensed CPA in the United States, a yearlong campaign kicked off to recognize the nation’s Black CPAs and encourage greater progress in diversity, inclusion, and equity in the CPA profession.