CPA Exam Review News Blog

CPA Exam Proposed Changes

Posted by Dr. Phil Yaeger on Nov 20, 2020 7:30:00 AM

Meta-Analysis -The AICPA has released an exposure draft on proposed changes to the CPA Exam, which would add content to the Exam to improve its relevance, as well as remove content, thought to be less pertinent. These proposed changes are described in detail in the AICPA’s Practice Analysis Report, with expected implementation in July of 2021.

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Tags: CPA News, CPA Exam Requirements, AICPA

The CPA Evolution Initiative

Posted by Guest Blogger on May 1, 2020 5:36:31 PM

Major Changes Ahead

The American Institute of Certified Public Accountants (AICPA) and the National Association of State Boards of Accountancy (NASBA) have been working on a joint initiative to change the CPA licensure process. They sought feedback from various sources and considered many alternative ideas to update the licensure process. The current model under consideration focuses on core competencies all candidates must master.

 

Also, the model introduces three areas of specialty, with the CPA candidate specializing in one of them. The core competencies are audit, technology, accounting, and tax, and the three specializations, also called pillars, are tax compliance and planning, information systems and controls, and business reporting and analysis.

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Tags: CPA News, AICPA, CPA Exam Changes

How to Prepare for the CPA Exam (Podcast Show Notes)

Posted by CPA Review & More Show Notes on Aug 27, 2019 8:00:00 AM

Do you want to know what the best way to study for the CPA Exam is? Wondering how much attention you should pay to grammar and punctuation on BEC’s written communication? Wondering how many students pass the CPA Exam on the first try?

To explore these questions and more, I interviewed Mike Decker on the CPA Review & More Podcast.

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Tags: CPA Exam Prep, AICPA, CPA Review & More, Podcast

This Is the One Time You Study to the Test

Posted by Dr. Phil Yaeger on May 25, 2019 6:00:00 AM

If you don't read this whole post, remember this: Even if you don't use us, use the blueprints. They're important. They're a great tool. They will help you pass the CPA Exam and become a CPA.

When studying for any one of the CPA Exams, the sheer quantity of material available to be tested (and therefore material to study) can be overwhelming. Meanwhile, it's no secret that the intensity of the exams is a simulation of the real world and a practitioner's life in accounting. You WILL need to know this information in your life as a CPA. Luckily, you'll have reference materials available for use after the Exam. That's is why I will tell you to study to the test - and be specific. As specific as possible! And no, we don't mean "buy our materials because they're the best" (this is not a sales pitch); it's a declaration. I'm taking a stand, and it's not about my review school or me. I'm sick and tired of candidates not going into the Exam adequately prepared.

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Tags: CPA Exam Prep, CPA Review Tips, cpa exam blueprints, AICPA, Studying

Q3 2019 AICPA Blueprint Updates

Posted by Guest Blogger on Jan 19, 2019 7:00:00 AM

Just in! The new Q3 2019 AICPA blueprints have been released and you can start using them now if you'll be testing this summer. Changes to be aware of this spring as you prepare for your next exam:

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Tags: cpa exam blueprints, AICPA, CPA Exam Changes, 2019 CPA Exam

What Do You Need To Do To Become A CPA? [UPDATED FOR 2019]

Posted by Dr. Phil Yaeger on May 9, 2018 8:47:07 PM

There is a lot to learn in the process of becoming a CPA, and getting your license depends on more than just sitting for the Exam. There are even differences depending on what state or jurisdiction you are applying in. Before we dig into the details, let's cover some of the basics.

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Tags: CPA Exam Prep, Accounting News, AICPA, CPA Job Search, accounting career

What Type of CPA Student Are You?

Posted by Dr. Phil Yaeger on Mar 28, 2018 4:26:08 PM

Every one of our students has a different style of studying, learning, and tackling the CPA Exam. By this point in your seemingly never-ending-student-career you've no doubt seen every type we're going to talk about. But which one are you? And how could you improve?

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Tags: CPA Exam Tips, AICPA, effective communication, accounting career, CPA Leadership

Winning the Super Bowl doesn't pay as much as you think

Posted by Dr. Phil Yaeger on Feb 12, 2018 2:21:53 PM
You would think that making it to the all-time goal of your profession would reap some serious rewards, but you'd be forgetting a few things about the NFL. One of which is the NFL Players Union negotiated post season pay for all players. This is great news for players like Geno Grissom, the Patriots third-string Left Defensive End, as he will, for once, be making as much as Tom Brady. So if the Patriots had won The Super Bowl, Geno and Tom would have both gotten checks cut for $112,000. However, since they lost they'll get half of that, a mere $56,000.
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Tags: Insider, Accounting News, AICPA

How to Blaze Your Own Trail and Live Out Your Dreams as a CPA

Posted by Dr. Phil Yaeger on Jan 15, 2018 3:29:25 PM

Everyone struggles with "the plan" when it comes to the next five, ten years, and twenty years. These plans eventually spell out a lifetime of results in the form of family, quality of life, philanthropy, vacations, college funds, and retirement. Some get overwhelmed with the decisions and discipline, feeling lost in a sea of long-term goals. As a CPA you have highly sought after skillset. CPA's often have high work ethic, unique analytical skills, and a confident personality fit for entrepreneur and venture capitalists. Without exploring their ambitions, some may find themselves disingenuously trying to jam their lives and bodies into conventional career models.

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Tags: AICPA, CPA Job Search, Networking, Accounting Career Advice, accounting career, CPA Leadership, Business Leadership

Busy Season Part 2: Studying for the CPA Exam During Busy Season [Updated for 2019]

Posted by Dr. Phil Yaeger on Jan 4, 2018 1:29:16 PM

Being a CPA is only one part of your life - most look forward to raising families, having friends, and trying to find personal and professional fulfillment at the same time. Doing all of this during and dedicating a large portion of your life studying for the exam is daunting, but very possible.


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Tags: AICPA, 2018 CPA Exam, CPA Exam Changes, 2018 CPA Exam, Accounting Career Advice

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