CPA Exam Exposure Draft Comments Sought by September 30

Board of Accountancy representatives and members of the accounting profession have until September 30, 2022, to submit feedback to the American Institute of CPAs (AICPA) in response to a recently issued exposure draft titled, Maintaining the Relevance of the Uniform CPA Examination® – Aligning the Exam with the CPA Evolution Licensure Model.

The exposure draft comes as part of the next phase of the NASBA and AICPA joint CPA Evolution Initiative. Included in the draft are the CPA Exam Blueprints, Practice Analysis findings and conclusions, and an overview of the content and scope of the new CPA Exam.

To increase awareness of the exposure draft and proposed Exam changes, a webcast was hosted by NASBA and the AICPA on July 11 for state board members and staff, and state society representatives.

Following the comment period, a final report, including the final CPA Exam Blueprints, will be published in early 2023, well in advance of the expected launch of the CPA Evolution-aligned CPA Exam in January 2024.

NASBA encourages Boards of Accountancy to share their thoughts on the Exposure Draft via email to [email protected] by September 30. NASBA also plans to develop an Exposure Draft response through input from pertinent committees, which will be shared with state boards.