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The Uniform Certified Public Accountant Examination (CPA Exam) is the examination administered to people who wish to become Certified Public Accountants in The United States of America. The CPA Exam is used by the regulatory bodies of all fifty states plus the District of Columbia , Guam , Puerto Rico , the U.S. Virgin Islands and the Northern ...
The CPA exam fees vary by state but expect to pay an application fee and separate fees for each exam section. It’s a good idea to budget for these expenses early on.
The CPA designation was first established in law in New York State on April 17, 1896. [ 18 ] To qualify for the CPA examination in the United States, individuals typically need a bachelor's degree from an accredited institution with a minimum number of accounting and business-related credit hours (ranging from 120 to 150), and specific ...
Total Exam Length: The CPA exam is a comprehensive 16-hour assessment split evenly across four sections, including three core areas and one discipline-specific section.
In 2022, the AICPA and the National Association of State Boards Accountancy announced that a new Uniform CPA exam would be released in 2024 as part of the CPA Evolution initiative. [ 29 ] [ 30 ] The new exam is based on a “Core + Discipline” model and will include core testing in accounting, auditing, and tax, as well as three Discipline ...
The journey to becoming a CPA is challenging but immensely rewarding. The recent changes to the CPA exam, including removing the BEC section and introducing discipline sections, reflect the ...