Tag Archives: AICPA

SHARE: On April 5, 2024, NASBA, the AICPA and Prometric celebrated the 20th anniversary of the computerization of the Uniform CPA Exam! The computerization of the Exam is one of the most significant changes in its history. Take a look at some data regarding the Exam and its evolution:    In addition to celebrating the…

SHARE: According to a recent report published by the U.S. Department of Labor (DOL), there are significant deficiencies in audits pertaining to employee benefits plans. In fact, a recent Accounting Today article points out that the report showed major deficiencies were found in nearly 30 percent of benefit plan audits – actually signaling improvement in…

SHARE: To address the hurdles students face in earning 150 hours and licensure, the AICPA and NASBA have developed the Experience, Earn and Learn Program (ELE). The goal is to provide a route for students without the means or plan to earn their 150 through a program combining meaningful online study integrated with early work…

SHARE: The Alliance for Responsible Professional Licensing (ARPL), of which NASBA and the AICPA are founding members, is a coalition of national associations representing highly complex and technical professions and their state licensing boards. ARPL educates policymakers and the public on the importance of rigorous licensing for engineers, architects, landscape architects, surveyors and CPAs.  Last…

SHARE: NASBA and the AICPA currently seek public comment through March 31, 2023, on their recent issuance of an exposure draft detailing proposed revisions to the Statement on Standards for Continuing Professional Education (CPE) Programs (Standards). Published jointly by the organizations, the Standards provide a framework for the development, presentation, measurement and reporting of CPE programs.   Previously…

SHARE: In January 2023, the American Institute of CPAs (AICPA) released the updated Uniform CPA Examination® Blueprints, the official document of content eligible for assessment on the Exam starting in January 2024. The Blueprints are based on the knowledge and skills required of a newly licensed CPA to meet the demands of firms, employers and…

SHARE: Beginning December 14 through March 31, 2023, NASBA and the AICPA welcome public comment regarding their recent issuance of an exposure draft detailing proposed revisions to the Statement on Standards for Continuing Professional Education (CPE) Programs (Standards). Published jointly by NASBA and the AICPA, the Standards provide a framework for the development, presentation, measurement…

SHARE: As the profession continues to pursue accounting as part of  STEM programs in schools through federal legislation (H.R. 3855 – Accounting STEM Pursuit Act of 2021), NASBA, the AICPA, and more than 45 State CPA Societies recently signed onto a letter to request that several Classification of Instructional Program (CIP) codes be added to…

SHARE: In late 2020, news broke of private-equity firms purchasing stake in top accounting firms and news of new partnerships continue to hit newsstands. The deals, and their terms, gained attention within the profession. The question now is, what does this mean for the future of the accounting profession?  According to Koltin Consulting Group CEO,…

SHARE: The American Institute of CPAs (AICPA) is soliciting feedback on the draft content proposed in the new Core and Disciplines CPA Examination structure. Stakeholders are invited to provide their input to assist in the development of new CPA Evolution Exam Blueprints and Exam design. The profession’s input is key to the AICPA’s practice analysis,…