United States
Kaplan CPA Review Exam - Public Blog
By DeniseProbert
On September 25, the AICPA announced the following upcoming changes to the CPA exam.
Effective January 1, 2011 the new CPA exam, called computer based testing-evolution (CBT-e) will launch. The CBT-e is applies enhanced technology so the look and feel of the exam will likely change. Please note that the AICPA will issue a new tutorial and sample tests in the fall of 2010.
In addition, there will be a new structure, content, and format to the CPA exam. The changes are extensive.
The content changes will be driven by the new Content and Skill Specification Outlines (CSOs/SSOs). These new CSOs/SSOs are available for viewing at www.cpa-exam.org. In addition to other content changes, please note that International Financial Reporting Standards (IFRS) will be tested on the CPA exam after January 1, 2011. Also, the new FASB codification will be tested on the exam after January 1, 2011.
The structure and format changes effective January 1, 2011 include a change in the research task format that will use this new authoritative literature (FASB codification). The testing of written communication skills will move from REG, FAR, and AUD to BEC. REG, FAR, and AUD will contain six or seven task-based simulations.
Please be confident that Kaplan CPA Review is ready to implement the necessary changes at the appropriate time. For most of you, these changes will not matter since you will have long passed all four sections by January 1, 2011.
Executive summary of the changes to the CPA exam effective January 1, 2011:
1. New CSOs/SSOs
2. IFRS
3. FASB codification
4. New research task format
5. Written communication skills in BEC
6. Task-based simulations in FAR, AUD, and REG
Overlap from 2010 to 2011
sarah_s84@hotmail.com Responds:
If you have passed all parts except 1 by the end of 2010, will you just take the last section in the new format and still retain credit for the ones already passed?
shelley922 Responds:
I am going to work really hard to pass all sections before the change, however if something happens that I don't pass on four and have to retake after the beginning of 2011, will Kaplan have updated study information for the new exams or will I need to purchase a whole new set of study materials?
What if you haven't yet passed all sections ?
Kevra Responds:
Hi! I'm trying to find the answer to this question - what happens if we havne't passed all sections by the end of December 2010? Do we still maintain credit for passing the sections we already have and just need to take the rest of the open sections in the new format? I can't seem to find this information. Thank you!
Add a Comment of Your Own
You must have an account to post a comment.
- If you already have an account, click here to login.
- To create an account, click here.