In response to an ever-changing workplace, and to ensure relevancy for the current generation of test-takers, the American Institute of CPAs (AICPA) is inviting key stakeholders to give their input on the Uniform CPA Examination, shaping the next exam directly via their feedback.
Formally known as the Invitation to Comment – Maintaining the Relevance of the Uniform CPA, the document is the first available for public comment in the Practice Analysis, a research study conducted by the AICPA to shape the next Exam. The document outlines the Practice Analysis and includes results from the AICPA’s preliminary research, as well as specific questions about the potential changes being considered.
The AICPA’s research indicates that the skills required of newly-licensed CPAs are evolving at a rapid pace, and that the Exam should mirror that change in order to fully prepare accountants for today's business world.
“The Invitation to Comment is an opportunity for key stakeholders such as state boards of accountancy, standard setters, public accounting firms, academics and state CPA societies to review our preliminary research and provide feedback,” said Michael A. Decker, AICPA vice president of examinations. “This valuable input will help influence the development of the Exam, and ultimately ensure that we’re continuing to protect the public interest, while setting the standard for testing accounting professionals.”
The Invitation to Comment runs September 2nd through December 2nd, 2014, and is accessible at the AICPA website. Stakeholders are invited to comment on any or all of the proposals, all of which address AICPA’s initial research.