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State Board Report

October 2015

Comments on the AICPA exposure draft "Maintaining the Relevance of the Uniform CPA Examination" are due to be submitted to the AICPA by November 30, 2015. NASBA is developing a comment letter based on the feedback it has received from several NASBA Committees and State Boards of Accountancy. The letter will be distributed to the Boards prior to the NASBA Annual Meeting and may prove helpful to Boards that want to formulate their own responses to the exposure draft. A panel discussion at the upcoming Annual Meeting will provide more insights into the next version of the Uniform CPA Examination, and webinars are being presented this month by NASBA to answer the Boards’ questions about the document.

Test administration changes are the purview of the Boards of Accountancy, and NASBA will make sure any of those changes are vetted by the Boards and that the Boards will have adequate time to make rule or statute changes if needed, NASBA Executive Vice President and COO Colleen K. Conrad assured the Boards. These administrative changes include:

  • Extending testing time into the current dark month up to 10 days, to mitigate the increase in the number of candidates wishing to sit for the Uniform CPA Examination prior to launch of the next version in 2017.
  • Possible changes to retesting rules that may allow candidates to retake an examination section in the same testing window.

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