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09 May 2008

"AICPA Proposes Changes to CPA Exam, Seeks Comment"

By AccountingWEB: The American Institute of Certified Public Accountants released a draft proposal for public comment outlining proposed content updates for the CPA exam. The proposal increases emphasis on ethics and provides more in-depth descriptions of the skills necessary for entry-level CPAs. It proposes including International Financial Reporting Standards (IFRS) on the exam for the first time.

"The CPA Examination tests the knowledge and skills that are relevant for entry-level CPAs. In doing so, the public is protected," said Craig Mills, executive director of examinations for the AICPA.

Read complete article AICPA Proposes Changes to CPA Exam, Seeks Comment
Source: AccountingWEB, 7 May 2008. Copyright © 2008 AccountingWEB, Inc. All rights reserved.

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