Your Ask Joey ™ Answer

What changes are being made to the CPA exam in 2024?

Big changes are coming to the US CPA exam in January 2024 (estimated)! The changes are being led by the AICPA and NASBA. The project is being referred as the “CPA Evolution”! Don’t worry, Universal CPA has already began to develop materials for the proposed changes!

The proposed 2024 CPA exam changes will follow a new “Core Plus Discipline Model”. According to the official website, the model starts with a deep and strong core in accounting, auditing, tax and technology that all candidates would be required to complete.

Then, each candidate would choose a discipline in which to demonstrate deeper skills and knowledge. The anticipated disciplines include tax compliance and planning, business analysis and reporting, and information systems and controls.

Obtained from

Regardless of chosen discipline, this model leads to full CPA licensure, with rights and privileges consistent with any other CPA. A discipline selected for testing would not mean the CPA is limited to that practice area.

According to the AICPA and NASBA, candidates currently studying should plan to take the exam prior to January 2024. A transition plan will be developed for candidates who have started, but not completed, the CPA Exam process by January 2024.

Learn more at the official CPA Evolution website.

Back To All Questions

You might also be interested in...

  • Discontinued Operations on the FAR CPA Exam

    Overview of Discontinued Operations In financial reporting, discontinued operations refer to a component of a company’s core business or product line that have been divested or shut down. Discontinued operations will be reported (net of tax) separately from continuing operations on the income statement. The reason that discontinued operations are reported separately is so that...

  • Equity Method Excel Workbook

    If you would like to use the Excel workbook that was used to create the Universal CPA lecture on the equity method, please click the link below to download the Excel workbook: Equity Method Lecture Example

  • How Hard is the CPA Exam?

    So you’re thinking about taking the CPA exam? Whether you have a dream of becoming a tax advisor, feel as though you need public accounting experience, or just want to solidify your business acumen, the CPA license is one of the most prestigious and well respected licenses in the business world. The exam itself is...