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CPA Evolution – 2024 Recent Posts
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To get the suggestions for US CPA 2024 exam changes a feedback survey was released by AICPA IFRS

on the preliminary content proposed for the redesigned CPA Exam, which will be assessed in
Student Corner
three sections that will comprise a material that would assess candidates’ knowledge in one of
three Disciplines they choose under the new CPA Evolution licensure model, plus the Core of
the Exam.
Want to Know about Courses

Three sections that comprise the Core of the Exam will test skills and knowledge in accounting,
auditing, and tax, with a recognition of the impact technology, has on these areas. The Core Name *

Exam section focuses on the skills and knowledge required of all newly licensed CPAs. Each
candidate will be required to choose one of the following three Disciplines: Email *

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• Information Systems and Controls (ISC).

• Tax Compliance & Planning (TCP). Course *

CPA
• Business Analysis & Reporting (BAR).
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The Core-plus-Disciplines licensure model was developed by the National Association of State
Boards of Accountancy (NASBA) and American Institute of Certified Professional Accountants REGISTER
(AICPA) to reflect changes in the technology and profession, focusing newly licensed CPAs on
the most relevant and useful knowledge and skills. The expected debut of the new Exam is in  Privacy Policy

2024.

For more details on the US CPA 2024 evolution please watch the video below

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The model is designed to ensure that newly licensed CPAs will possess broad-based knowledge.
The new model will establish a foundation for the most relevant and important topics that all
newly licensed CPAs need to know to protect the public interest.

Exponential growth in new concepts, rules, and standards, along with changes in the roles and
responsibilities of newly licensed CPAs, have caused the body of knowledge required of new
CPAs to grow. 

“The Core-and-Discipline model allows candidates to focus on areas that are of either special
interest to them or their employer,” said Mike Decker, the AICPA’s vice president–Examinations
& Pipeline. “It also gives us flexibility for the future as the profession evolves. We’ll always have
a Core, and the Disciplines could potentially shift, in the future, as the profession shifts.
Therefore, the new model could provide greater flexibility.”

The draft content emerged during the first phase of the practice analysis in which the AICPA,
NASBA, and various volunteer committees examined the content currently tested on the Exam.
They carefully considered what should be tested in the future in the Core and the Disciplines.

The Core needs to be restructured because there will be three sections in the Core, and the
Exam currently has four sections.

The team took the existing material and refocused it on knowledge determined to be essential
to the Core. The material in the Business Environment and Concepts (BEC) section was
reallocated, with some of it staying in the Core and the rest moved to either the BAR or the ISC
discipline.

The Core would test understanding of business processes, including technology, and internal
controls that CPAs would need to rely on in an audit engagement. The ISC section would go
further, assessing skills and knowledge required to advise a client on test technology or
business processes rather than just relying on it. 

Knowledge and skills for CPAs who would perform a SOC engagement would be tested in the
ISC Discipline.

For assisting the academic community, the NASBA and AICPA June launched the blueprint for
an accounting program that is designed to help educators prepare graduates.

The curriculum describes the subject matter that colleges and universities can offer to align
their accounting programs with the CPA Evolution licensure model. Of course, the higher
education programs offer vastly more learning than is covered on the CPA Exam, but the
curriculum is designed to facilitate exposing students who are interested in pursuing their CPA
license to the appropriate knowledge and skills.

July 2022 is the target date to release a draft blueprint for exposure and comments. A final
blueprint is scheduled to be published at the beginning of 2023, with the Exam launch date
targeted for January 2024.

The result will be a remodeled Exam that will assess the required core knowledge of newly
licensed CPAs as well as content in their own, more focused area of interest, all aligned with the
objective of protecting the public interest.

To know more details, please feel free to Contact Simandhar Education @ +91 7780273388 or
mail us at info@simandhareducation.com.

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C PA C A N A D A C OU RSE F E E S C PA C A N A D A F ROM IN D IA

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F E ATU RE D IC A I N A SB A N A SB A M E E TIN G

P U B L IC A C C OU N TIN G F IRM S U S C PA 2 0 2 4 U S C PA E V OL U TION

U S C PA E V OL U TION 2 0 2 4 U S C PA E X A M

U S C PA E X A M IN IN D IA P E RM A N E N T W H AT IS N A SB A

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courses in India.
Learn how to clear your CPA exams with extremely satisfying results by getting proper guidance and
knowledge through our online courses and video tutorials taught by industry Experts. We’re here to provide you with all the
help that you need in order to ace your CPA, CMA exams. We are just a call away for any assistance. Simandhar
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