Taking the 2017 CPA Exam? You've heard about the content changes, but how about the user experience changes? Here are the top 5.
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Taking FAR section of CPA Exam? Omnibus 2017 clarifies reporting issues will be testable
Is you're testing for FAR on the CPA Exam in 2017 Q4 or later, the GASB's Omnibus 2017, an omnibus that clarifies a wide range of accounting and financial reporting issues, will be testable.
Amendment to Topic 715, Compensation – Retirement Benefits, Testable on CPA Exam in January
Testing for FAR next January? ASU No. 2017-07, Compensation – Retirement Benefits (Topic 715), Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost, an amendment to Topic 715, will be testable on the exam.
New auditing rule requiring accounting firms to file Form AP testable April 1
PCAOB No. 2015-008, a new auditing rule designed to improve transparency regarding both the engagement partner and “other accounting firms” that may have taken part in the audit of issuers, will be testable this April 1.
Gains and losses from derecognition of nonfinancial assets testable January 2018
The FASB recently issued ASU No. 2017-05, Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets. This content will become testable on the CPA exam in January 2018.
Going concern considerations to become testable on AUD January 2018
Sitting for AUD next January? SAS No. 132, The Auditor’s Consideration of an Entity’s Ability to Continue as a Going Concern is a standard that applies to all audits of a complete set of financial statements, including financial statements prepared in accordance with a general purpose or a special purpose framework. It will become testable on the CPA exam January 1, 2018.
AICPA announces fewer simulations on the 2017 CPA Exam
Taking the CPA Exam in 2017 after April 1? We've got great news for you! On February 1, the AICPA announced there will be less task-based simulations on the exam.
Testing for the CPA Exam before the 2017 changes go into effect
Testing for the CPA Exam before the 2017 exam changes? Know what changes became effective for this testing window.
Consolidation for not-for-profit entities will be testable on CPA Exam
The amendments in this update from the FASB are effective for NFPs for fiscal years beginning after December 15, 2016. The standard will become testable on the CPA exam October 2017.
Surgent CPA Review receives No. 1 ranking on CPA Exam Hub
DEVON, PA (PRWEB) – Surgent CPA Review, a comprehensive CPA Exam prep program that guarantees participants will pass the CPA Exam the first time, received a #1 ranking from CPA Exam Hub, a CPA Exam comparison site. Surgent ranked higher than the other 21 programs evaluated in all but 2 ranking factors, receiving a No. […]
