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Calling all aspiring CPAs! Did you know that, as of January 2024, the Certified Public Accountant (CPA) exam now assesses a wider range of skills and provides candidates with the opportunity to specialize in one of the three accounting disciplines? If you’re gearing up to take the #CPAExam, make sure you’re aware of the latest exam adjustments. Read more in our blog >> https://bit.ly/43t5oRw #AccountingCareers #Accounting #WorkInAccounting

💼 How to Rock Your CPA License Requirements! 🎓 🌟 Discover the steps to obtain your CPA license with our concise guide. 💡 Learn about education prerequisites, the CPA exam, and gaining professional experience. 📚 Get insights and tips to excel in the accounting profession. 🔗 Find out more: https://lnkd.in/etvUQxEb #CPALicense #AccountingProfession #CPAExam #ProfessionalExperience

📚 What are the changes to the CPA exam? In this quick 5-minute read, Melody Stealman walks you through the latest updates to the CPA exam and what they mean for accountants. You'll find clear explanations of the new exam structure, key content areas, and the increasing importance of emerging technologies and data analytics. Knowing these changes is essential for current and future CPAs to stay ahead and prepare effectively. Stay informed and see how these updates can shape your career and professional growth! We'd love to hear your thoughts and experiences with these changes—feel free to share in the comments! https://lnkd.in/e6XJ9Zqt #CPA #Accounting #ProfessionalDevelopment

📚 What are the changes to the CPA exam? In this quick 5-minute read, Melody Stealman walks you through the latest updates to the CPA exam and what they mean for accountants. You'll find clear explanations of the new exam structure, key content areas, and the increasing importance of emerging technologies and data analytics. Knowing these changes is essential for current and future CPAs to stay ahead and prepare effectively. Stay informed and see how these updates can shape your career and professional growth! We'd love to hear your thoughts and experiences with these changes—feel free to share in the comments! https://lnkd.in/e3XMaRxZ #CPA #Accounting #ProfessionalDevelopment

The time has come! The new CPA exam is ready. What is new? The CPA exam in 2024 eliminates the BEC section and introduces a new discipline. Candidates can choose one of the following disciplines: -- Business analysis and reporting (BAR), which expands on FAR and governmental accounting --Information systems and controls (ISC), which focuses on IT audit and security --Tax compliance and planning (TCP), which focuses on tax in greater detail The other three sections of the test – AUD, FAR and REG – remain largely the same, with some portions of the prior BEC exam being moved into FAR and REG. There will no longer be a written essay piece. Each section will provide for a total allowable four hours, for a total possible exam time of 16 hours. For more details on these changes check out this article - https://lnkd.in/e2J3aYSD) #cpa #cpaexamchanges

There’s no shortage of Beef with the accounting profession 🍽 🥩 One rack of ribs sized problem is the 150 credit requirement. Most people agree, a 5th year of college is costly and unnecessary. 😲 But WAIT! The AICPA has a solution called the Experience, Learn and Earn (ELE) program! Instead of college courses, you use work experience and online courses to qualify for the CPA exam. Just make sure to pay the AICPA for making your credit problem go away. 🤷♂️ But hey, at least it's cheaper than dropping $28K on college tuition. —----------------------- Here’s what the AICPA has to say: “No single initiative will solve the profession’s talent shortage,” Susan Coffey, CEO of public accounting for the AICPA & CIMA, said in a statement.” “But the ELE program demonstrates the kind of creativity, collaboration, and follow-through we need to remove barriers to a successful and rewarding career in accounting.” —----------------------- There you have it, the AICPA is removing barriers by trimming the fat. 🧐 Is the AICPA on the right track or are they Butchering the solution? —------------------------------------------------------------------------------ 🚀Land your Dream Job in accounting with the No Flux Given playbook and the Sketchy Business Practices course at MikeFromAccounting🚀

Where have all the accountants gone? With the number of students earning undergraduate and graduate degrees in accounting dipping significantly in the last decade, Rob Peters writes that new accounting quality standards may give graduates yet another reason to steer clear of the industry. #CPA #accounting

The path to becoming a CPA has recently undergone a notable transformation, echoing changes in the accounting industry and educational landscape. Today’s blog post is by Jennifer Cryder, CEO of the PICPA, and Michael Decker, vice president, CPA examination and pipeline, at the AICPA. In it, they discuss the CPA Evolution, accounting pipeline, new CPA Exam, and more. Read their full blog here: https://loom.ly/Mp5Z94Q

The CPA Exam Credits to Josh Aharonoff, CPA, follow him for more valuable finance content. ------ Here's the original post: Learn about the CPA Exam 👇 Pass the test and invest in your career! 🎓 When I started interviewing, everyone always asked me the same thing. When are you getting your CPA license? The process was really challenging…but I’m glad I got there. Let’s do a deep dive on the exam and cover what you need to know. ➡️ What is the CPA Exam? CPA stands for Certified Public Accountant. It’s a 4 part test involving multiple choice and “simulations” that test your knowledge in accounting. ➡️ How do you become eligible to sit for the exam, and get licensed? You’ll need 2 things: • Education: Minimum of 120 semester hours of college coursework to sit for the exam, and 150 hours to get licensed. • Experience: 1-2 years of accounting experience under a CPA to get licensed, though it varies by state. ➡️ What is the Exam Structure? There are 4 sections to the CPA exam, and each part can be taken in any order. All 4 tests must be passed within a 30-36 month window of when you pass the first section: • Auditing and Attestation (AUD) → Focuses on auditing processes, ethics, and responsibilities in auditing and attestation services. • Financial Accounting and Reporting (FAR) →Involves principles and standards for financial accounting and reporting for various entities. • Regulation (REG) → Deals with federal taxation, ethics, business law, and professional responsibilities in tax practice. For the 4th section, you can choose from these 3 topics: • Business Analysis and Reporting (BAR) • Information Systems and Controls (ISC) • Tax Compliance and Planning (TCP) ➡️ How do you pass the exam? You’ll need a 75 or above in order to pass the exam. Here are my recommendations: 1️⃣ Take a review course I haven’t heard of anyone passing the exam without taking a review course. I’m sure it’s possible, but it’s most likely a lot harder that way. I used Becker, but there are many out there. 2️⃣ Take practice exams This part can be overwhelming - I did very poorly on almost all practice exams…but that’s what they are designed for. The actual exam won’t be as tough 3️⃣ Set aside the time you need to pass the exam This part is the biggest. It’s way easier to pass this exam before you enter the workforce…IE when you are still in school. But not everyone has this luxury. Whatever your schedule is, be prepared to put in a LOT of time to study… Don’t make the mistake of blocking off enough time to pass only a few exams - it will be real painful if you lose any of your passing grades when they expire! ➡️ Is the CPA worth it? That really depends… Do I feel more competent & capable in my career after passing it? Not really…most of what I learned came from on the job training. Did the CPA help boost my employment opportunities? For sure… ... ------- Follow Business Infographics to learn from the best visuals.

One of the major licensing exam you can take as an accountant is called the Certified Public Accountant Exams (CPA). Most accountant strive to get their CPA because it opens up many opportunities. Due to its staggering 45% to 55% nationwide success rate, no wonder it is considered one of the most difficult professional exams. The CPA exams are getting revised for 2024 and it is important to get familiarized with the new format. Check out the article below to learn everything there is to know about the recent changes! Missy Krupp Angeliki Vergis Gabriella Grippaldi Paige Speece Valentina Chapa-Sosa Sabastian Mottola Kyle Kaiser Kyle Schaffer Shane Stevenson Shanna O'Donnell Emily Pildis https://lnkd.in/ef-zgsSG