Automation conjures up images of robotic hands doing the work of humans; we don’t necessarily associate it with the accounting profession. However, new technology is being developed every day to improve the time it takes to enter, gather and interpret accounting data. But what are the implications of automation for a highly competitive and respected […]
Displaying: Industry News
What you need to know about the 2019 CPA Exam Blueprints
What are the CPA Exam Blueprints? The AICPA builds the CPA examination from the “specs” contained in a document called Blueprints. The CPA Exam Blueprints are updated and published once or twice a year, and the version used to build the 2019 exam was just released this month. There is a Blueprint for each exam […]
Internal Auditors: Everything You Need to Know About the 2019 CIA Exam Changes
In January 2018, the Institute of Internal Auditors (IIA) announced major changes to the Certified Internal Auditor (CIA) exam. In this post, we’ll cover the why, when, and what of the CIA Exam changes, and how you can properly prepare yourself to pass the new exam. Why is the CIA Exam Changing? Internal audit practices […]
What accounting students should know about cryptocurrencies
Cryptocurrencies have made their way into the spotlight in the last few years, becoming increasingly popular with both individual investors and companies. But as their popularity has grown, so have the laws around them. As future accountants, it’s essential you understand cryptocurrencies to help you both stand out as a financial professional and provide the […]
In-depth look at CPA Exam user experience changes
The AICPA strives to make the CPA Exam user experience as seamless and relevant as possible. Starting April 1, 2018, the CPA Exam will undergo a user experience update to closely mimic the accounting working environment and improve the candidate experience. We’ve compiled a list of the biggest updates you’ll see on the CPA Exam, […]
How the Tax Cuts and Jobs Act impacts CPA Exam candidates
Each year, the CPA Exam is updated to include relevant topics based on new legislation, updates to the Authoritative Literature by the AICPA, or other changes affecting the business environment. As a CPA Exam candidate, knowledge of what these updates are and when they go into effect can be critical; they’re huge indicators of what […]
FASB releases ASU 2018-01 on land easements
The Financial Accounting Standards Board (FASB) has issued Accounting Standards Update (ASU) 2018-01, Leases (Topic 842): Land Easement Practical Expedient for Transition to Topic 842, that clarifies the application of the new leases guidance to land easements. Lease amendments (ASU 2016-02 and 2018-01) are effective for public entities with annual periods beginning after December 15, […]
Everything you need to know about revised CPA Exam Blueprints
The AICPA recently released a list of revisions to the CPA Exam Blueprints, to take effect July 1, 2018. While CPA Exam candidates should be sure to consult the most up-to-date blueprints document, rest assured! The AICPA confirms that these revisions do not change “the nature or scope of content eligible for testing in […]
2018 CPA Exam user experience update
On Friday, Dec. 15, 2017, NASBA sent a message to all candidates on behalf of the AICPA Exams team notifying them of the new user experience software coming in 2018. Below is the body of the message sent to candidates. Also, please note that the AICPA has launched new sample tests and a tutorial. With […]
Surgent CPA Review: A top pick for 2017’s best CPA review course
Let’s face it! To achieve CPA exam success, you need one incredible review course to power your studies. Most of us know that, but not everybody knows who all the big players are in the CPA review course market and what each of them is known for. That’s why I dive into reviewing each of […]