CPA Evolution Transition Policy: What You Need to Know

As you may have heard, the Uniform CPA Exam is changing significantly in January 2024. The new CPA Exam consists of a new core + disciplines. It will continue to provide a strong foundation in accounting, auditing, and tax while adding increased emphasis in technology. All sections of the new Exam will test on technology knowledge and skills. CPA candidates will also test in their choice of one of the three new discipline sections, which are 1.) business reporting and analysis, 2.) information systems and controls, and 3.) tax compliance and planning.

• If you successfully pass AUD, BEC, FAR and REG and retain credit for each before December 31, 2023, you do not need to test under the new 2024 CPA Exam. You must simply meet the other requirements for licensure and apply for your CPA license. If you have credit for BEC on the current CPA Exam, you will not need to take any of the three new discipline sections.
• If you lose credit for AUD, FAR, or REG after December 31, 2023, you must take the corresponding new Core section of AUD, FAR, or REG. If you lose credit for BEC after December 31, 2023, you must select one of the three new discipline sections.

Reference the Transition Policy chart below and see what section of the 2024 CPA Exam maps to your current passed section. Your current credit will become a credit for the 2024 CPA Exam section.

The proposed 2024 CPA Exam blueprints and test design will be published on July 1, 2022, and the finalized Core and Discipline blueprints along with the test design will be published in January 2023. None of the sections of the current CPA Exam will be available for testing after December 31, 2023.

For more information visit EvolutionofCPA.org and read the FAQ. Email questions to Feedback@EvolutionofCPA.org