Changes to the CPA Exam: focus on evolving competencies and technologies
In conjunction with the CPA Evolution initiative, the National Association of State Boards of Accountancy and the American Institute of Certified Public Accountants have announced a transition policy for changes to the CPA exam. Candidates completing their requirements by December 31, 2023 will not be impacted by the changes. Candidates still working on requirements in January 2024 and beyond will transition to the new exam. Changes tot he exam are in response to employer needs for new CPAs to possess greater skill sets and competencies and a greater knowledge of emerging technologies. In July, the Exposure Draft of the 2024 CPA Exam will be released, outlining the content and skills proposed for each new section of the exam.
Interested to hear more about how regulators can better align their licensure model to address the competencies and tech-knowledge required of the future licensee? Join us for a webinar where NASBA discusses why a new model was needed, the process to develop the new model, and getting buy-in for the new model.