Some good news for all of you REGulators out there. The CARES Act (Coronavirus Aid, Relief, and Economic Security Act) won’t be tested on the CPA Exam until October 1, 2020, per the AICPA’s CPA Exam Policy on New Pronouncements: “Accounting and auditing pronouncements are eligible to be tested on the Uniform CPA Examination in the later of: (1) the first testing window beginning after the pronouncement’s earliest mandatory effective date or (2) the first testing window beginning six (6) months after the pronouncement’s issuance date. In either case, there is a simultaneous introduction of content related to the new pronouncement and removal of content related to the previous pronouncement. Changes in the federal taxation area, the Internal Revenue Code, and federal taxation regulations may be included in the testing window beginning six (6) months after the change’s effective date or enactment date, whichever is later. For all other subjects […]
Finally – the CPA Exam is coming to India, albeit on a limited basis – at least at first. From the AICPA: During this extraordinarily challenging time, we know you have many concerns — the health of your families and friends, your coworkers and your communities. We want to help alleviate another concern you may have — taking your U.S. CPA Examination. We recognize that current travel restrictions, test center closures and other factors make it difficult or impossible for you to take the U.S. CPA Exam as planned. So, to support you on your pathway to CPA licensure, and to maintain your health and safety, we will administer the Exam in India as a pilot at Prometric test centers in the cities of Ahmedabad, Bangalore, Calcutta, Chennai, Hyderabad, Mumbai, New Delhi and Trivandrum. Starting April 2, Indian candidates may schedule to take any U.S. CPA Exam section only during […]
CPA Exam testing is still in flux in the era of COVID-19 and the “new normal” that we are adjusting to. These are the score release dates that the AICPA currently has slated, but are certainly subject to change once Prometric testing centers open again. From the AICPA: PLEASE NOTE: As of July 1, 2020, testing windows will be replaced by continuous testing, allowing candidates to take the Exam year-round, without restriction, other than waiting to receive scores from prior attempts of the same section or when there is a major change to the Exam. Q2 2020 Score Release Dates April 1 – April 20 Exams: May 4, 2020 April 21 – May 15 Exams: May 26, 2020 May 16 – May 31 Exams: June 8, 2020 June 1 – June 10 Exams: June 18, 2020 June 11 – June 30 Exams: July 8, 2020 Is your […]
As CPA Exam candidates are in a holding pattern due to the Coronavirus, and their future exams are in limbo, NASBA and the AICPA released some welcome news: Continuous CPA Exam testing will start July 1, 2020, as originally planned. From NASBA: During this unique time, we understand CPA Exam candidates are concerned about their testing options. Although Prometric Test Centers in many parts of the world are currently closed due to the COVID-19 virus, we wanted to share some good news with you. In response to numerous candidate requests, we are pleased to announce Continuous Testing for CPA Exam candidates will begin July 1, 2020. Under the new Continuous Testing model, candidates will have the ability to take the Exam year-round, without restriction, other than waiting to receive scores from prior attempts of the same section or when there is a major change to the Exam. Continuous Testing will […]
How to Survive Working from Home, Homeschooling, and the CPA Exam – all at the same time. If you find yourself shoved into a combination of roles that you didn’t want (Homeschooling teacher, Work from Home professional, and CPA Exam Candidate?!?!), then I have 3 tips that I think will help you survive this. I have been working from home and homeschooling for 10+ years, so I know all about the struggle. 1. Be Disciplined – it’s as important as ever. 2. Set Boundaries – Work when you work. Homeschool when you homeschool. Study when you study. (Profound insights, I know). 3. Prioritize – You won’t get everything done. Embrace this reality.
“In anticipation of the reopening of Prometric test centers and in response to the COVID-19 situation, NASBA, AICPA and Prometric have made the decision to invoke an emergency testing period. We understand candidates are concerned about their testing options and, therefore, we are implementing this emergency testing period to provide additional testing opportunities. As part of this procedure, the 20Q2 testing window will be extended from June 10, 2020, to June 30, 2020. As previously noted, NASBA will extend all NTSs expiring between April 1 – June 30, 2020, until September 30, 2020, and Prometric will waive all rescheduling fees.” Source: https://nasba.org/blog/2020/03/26/nasba-aicpa-and-prometric-invoke-emergency-testing-period/