CPA Exam

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Hey Y’all, Let’s Get Salty About These 2018 Elijah Watt Sells Award Winners

Whelp it’s that time of year again, the time when we recognize the efforts of an elite handful of CPA exam candidates whose performance on one of the toughest professional examinations out there ranks the best of the best. The AICPA handed out 110 Elijah Watt Sells Awards for 2018 last week, and as is […]

NASBA Pulled the Cruelest April Fools’ Prank Ever on Some CPA Exam Candidates

As far as the CPA exam is concerned, it’s one thing you really shouldn’t joke about. And, in NASBA’s defense, it’s not like they actually meant to punk a bunch of eager CPA exam candidates this past April Fools’ Day, it just so happened that way. Set the scene. It’s March 31 and you’re printing […]

Here’s Your Open Thread For the Second CPA Exam Score Release of Q1 2019

It’s February 25 and you know what that means. Well, you know what that means if you sat for the CPA exam between January 21 and February 14 — score release day tomorrow! As promised, the AICPA has accelerated the score release process for 2019, so we’ve got two more score releases this quarter after […]

Here’s Your Open Thread for the First CPA Exam Score Release of Q1 2019

HELLO and Happy New Year, muffins. Here we are anxiously awaiting the first score release of the first quarter of 2019, my how time flies. I can’t believe it’s been almost 12 years since I started working in CPA review, hopefully none of you have been attempting to pass the CPA exam for as long […]

Old study materials

Do You Need to Purchase New CPA Review Materials for 2019?

Here we are in a brand-new year and here I am writing about the same topic I’ve written about since 2007. Oh well, I suppose there are worse beats out there for drunken tabloid writers, like that brief period I paid my rent with actual clickbait and had to come up with 15 high-fashion models […]

retro computer

Here Are Some Tips on Having a Less Crappy CPA Exam Experience at Prometric From a (Probably Legit) Prometric Employee

A short while back, one brave soul (ThrowAway20112348) presented themselves as a Prometric employee on Reddit and shared some insight, tips, and rules for U.S. testing centers. The universe thanks you, friend to CPA exam candidates. Now, I’d like to share the love by recapping their message from the great testing center beyond. In their […]

Hulk Smash

Certain People Are Not Exactly Pleased With the Way California Handles CPA Exam Scores

Hey guys, I’m happy to report I’m back from the plague and would like to thank the exactly none of you who sent me well wishes while I lay dying in a hospital bed. Seriously, y’all are the worst. OK so, as my esteemed colleague Bramwell pointed out earlier this week while I was busy […]

Failed CPA exam

Friendly Reminder: You Should Schedule Your CPA Exam Date Yesterday if You Plan to Test in 2018

Psst. Hey you. You sitting there screwing around on the Internet instead of studying for the CPA exam. Come here. STOP FUCKING AROUND. There is less than a month remaining in the final CPA exam testing window of 2018, and sorry to say but if you haven’t scheduled your exam(s) already, you may be in […]

Boy studying

AICPA Announces 2019 CPA Exam Score Release Dates

Alright, kids, it’s the moment you’ve been waiting for. 2019 CPA exam score release dates are not only out (they’ve actually been out for a hot minute) but have been announced by the AICPA, meaning they’re probably pretty much set. By “set,” I of course mean as set as they possibly can be. The AICPA […]

Dog with glasses

The 150-Hour Rule is Kinda Bullsh*t, Says Guy

It’s only been about a generation of CPAs or so subject to the national implementation of the 150-hour rule, which is now in effect for all 54 CPA exam jurisdictions. As all of you know, the 150-hour credit requirement has been touted as a way to ensure modern CPAs are equipped to handle an ever-changing […]

Dog

AICPA Says the CPA Exam is Intentionally Simple Because CPA Candidates Are Like Dogs Distracted by Shiny Things

Have you ever wondered why CPA exam questions are so plain? I mean, you’d think they could take it easy on CPA exam candidates held captive in Prometric for hours at a time by peppering the questions with just a little humor. It doesn’t have to be memes or anything, just, you know, why can’t […]

Rejoice, Your Final CPA Exam Testing Window of 2018 is Upon Us

Good afternoon and happy fiscal new year, y’all. Today is October 1 which means those of you dragging your heels on sitting for the CPA exam have officially run out of pavement on which to drag. So get thee to Prometric and knock ‘er out already. Historically, Q4 can be a bit tough to schedule […]

cpa exam NASBA

Here Is the Absolute Best Time to Pass the CPA Exam Per NASBA

Per NASBA, here is the best time to take the CPA exam. Spoiler alert: It’s right after you graduate. I’m sorry if you clicked on this thinking NASBA was going to tell you the best testing window to pass. Yeah right. Still, this is pretty interesting and all the more reason to get the exam […]

Failed CPA exam

Let’s Figure Out How This Person Bombed the CPA Exam More Spectacularly Than Any CPA Exam Bomb in History

Ed. note: an earlier version of this article contained the name of a review course the poster claimed to have used. As this information has not been verified and is not relevant to the issue at hand, it has been removed. Spotted this on Reddit this morning, and like /r/accounting I’m wondering how this is […]

WTF

NASBA Tweets CPA Exam Scores Are Up, Lies

It has been a strange week on Twitter for professional and semi-professional public accounting bodies the last few days, but NASBA has officially taken the crown from the AICPA for Twitter snafus. In case you missed our earlier discussion, @AICPA got hacked by Bitcoin scammers. At publication time, the scammers still have control of @AICPA. […]

Pocket Watch in sand

Here’s Your Open Thread for the First CPA Exam Score Release of Q3

As most of you know, the CPA exam changed up in April of this year, and as such, the scoring gnomes need a little extra time to calculate those 75s for the remainder of this year. If, by chance, you are one of the few who is actually impacted by the new rolling schedule (versus […]

English pub

Starting in October, You Can Grab a Pint at a Real English Pub After the CPA Exam

Congratulations, unlicensed U.S. expats in Europe, beginning October 1 you no longer have to head to Bahrain to take the CPA exam. According to an announcement from the AICPA, NASBA, and Prometric, nine Prometric locations across the pond will offer CPA exam testing for qualified applicants. Bristol, London, and Manchester (England) Edinburgh (Scotland) Cork and […]

A man in a plaid shirt falling

CPA Exam Candidate Numbers Are Back Down After Modest Growth

NASBA recently released their yearly Candidate Performance books, which we used to buy and comb through for your sake but stopped after NASBA politely asked us to stop sharing the data they wanted people to pay for. So we won’t be drilling down into that data, but we do have some points to share. In […]

far test

CPA FAR is Hard, and That’s Okay

The FAR section on the CPA Exam is hard. Don’t believe me? Just ask the pass rates. The fact is, people don’t pass FAR as often as they pass all the other sections. For some people, quickly working through complex calculations really hits their sweet spot. Others, not so much. Me? When I first began […]

2018 cpa exam changes gleim

A 2018 Refresh: The CPA Exam User Experience Reno

Along with a series of other 2018 CPA Exam changes that will make the testing experience easier for CPA candidates, the latest version of the exam will feature a redesigned CPA Exam user experience (UX) for virtually all interfaces. The AICPA is demolishing the outdated look it’s had for so long and introducing a more […]

2018 cpa exam changes gleim

Knocking Down the Walls of the CPA Exam

Along with a series of other 2018 CPA Exam changes that will make the testing experience easier for CPA candidates, the latest version of the exam will feature a redesigned CPA Exam user experience (UX) for virtually all interfaces. The AICPA is demolishing the outdated look it’s had for so long and introducing a more […]

CPA tinder

Exposure Drafts: All’s FAR in Love and the CPA Exam

Exposure Drafts appears every other Wednesday. Send your accounting cartoon ideas and CPA exam scores to editor@goingconcern.com. You can follow Greg Kyte on Twitter.

cpa exam NASBA

NASBA ‘Cannot Pinpoint an Exact Time’ of the CPA Exam Score Release and People Are Freaking Out

Earlier today, NASBA sent a communique from its Twitter account that they knew, or at least should have known, was going to get people worked up: We’ve had many ?s about the time of the score release. Since this is the first time releasing scores with the new Gateway system, we cannot pinpoint an exact […]

2018 CPA Exam Changes gleim excel

CPA Exam Excel-erates into 2018

On April 1, which is (Facebook) officially known as the International CPA Exam Changes Day, the CPA Exam will undergo another round of major updates. I know you’re all thinking, PLEASE  no more changes. And, in the wake of the Great Content Overhaul of 2017 when the AICPA increased the number of Simulations in each […]

cpa exam score release nasba

Here’s Your CPA Exam Score Release Open Thread (Q4 2017)

Yes, it’s CPA exam score release season, again. So, if you took a CPA exam from October 1 through December 10, 2017, then consider this post a safe place. Waiting for your #CPAExam score(s)? The score release is expected to happen on December 19 and you can check for scores here: https://t.co/aNB5vqOXsK pic.twitter.com/yI9s89qMOK — NASBA […]

scary cpa exam stories

Let’s Hear Your Best CPA Exam Stories, Misadventures, and Unlikely Triumphs

Earlier this week, the Journal of Accountancy shared some yarns about the CPA exam from years ago when candidates took it with pencil, paper, and 500 of their closest friends. It was a simpler time, although I’m sure all of these CPAs would tell you that the exam was much harder then than it is […]

cpa exam score release august 17

Gather Round, CPA Exam Scores Are Out

Pass or fail, we still got you. Hey look, NASBA released CPA exam scores today: On August 17, 2017, NASBA received and processed the following scores from the @AICPA pic.twitter.com/xpt49bKJXN — NASBA (@NASBA) August 17, 2017 Twitter is filled with the normal joy and strife of any score release date — mostly because the bumrush […]

cpa exam bonus clawback

Beware the CPA Exam Bonus Clawback

You just handed in your notice and finally pulled the trigger on resignation from public accounting. It’s both liberating and terrifying. Your email box fills with things you have to do before you leave. It’s a mix of run-of-the-mill farewells and requests to set up an exit interview and transition meetings for each of your […]

Gleim CPA Review

A Special Offer for Going Concern Readers from Gleim CPA Review

Please enjoy this sponsored content from Gleim CPA Review. About Gleim CPA Review As the leader in accounting exam prep, Gleim has helped candidates pass over 1 million CPA exams. Our proven teaching method prepares you to pass the CPA Exam by using diagnostic quizzes and detailed answer explanations to strengthen weak areas while cultivating […]

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FYI: CPA Review Guy Is Free Tonight for Drinks, Riffing on Pension Accounting

If you’re in Los Angeles, thirsty, but also have the urge to kick around some pension accounting, Peter Olinto’s got you covered: If memory serves, “coffee” was also Olinto’s code word for beers, so don’t be shy about getting the adult beverage. If you’d rather stick with coffee, at least get something with the most […]

elijah-watt-sells-award-winners

Here Are Your 2016 Elijah Watt Sells Award Winners

It’s time once again to pay homage to the best CPA exam takers in all the land. Yes, the Elijah Watt Sells award winners have been announced, and you aren’t on the list. Or maybe you are! If so, drop us a note to say hi. Anyway, of the 102,323 people who took the CPA […]

CPA exam

CPA Exam Introductory Screens: New Exam Edition Changes

Please enjoy this sponsored content from Gleim CPA Review. The changes coming to the CPA Exam on April 1 affect several aspects of the exam, one of which is the duration. While we learned months ago that each section of the exam would now last for four hours, the AICPA recently announced another modification to […]

CPA Experience Verification Service

CPA Experience Verification: A New Service from NASBA

Please enjoy this sponsored content from Gleim CPA Review. If you’re in CPA Exam land, you or someone you know has probably struggled with the CPA experience requirement. Depending on your jurisdiction, you may be required to work under a CPA for 1-2 years in order to have your experience verified. However, thanks to NASBA’s […]

Impatient CPA Exam Candidates Won’t Be Pleased With the 2017 Score Release Schedule

A tip came in earlier today noting that the 2017 CPA exam score release schedule looks a bit different than in recent years past: I'm not sure if it has been like this before but they aren't releasing CPA exam scores nearly as often this year.  Looks like in quarters 2-4 they are just saying […]

Sponsored: Should You Get a MAcc on Your Way to the CPA?

CPA at the end of your name? Powerful and sexy. MAcc? The verdict is still out. It can be expensive and honestly, accounting firms don’t require a graduate degree to make partner. You might think, “What’s the point?” If you already scored a high paying first job out of undergraduate without a MAcc, is it […]

Task-based simulation

Task-Based Simulation Study Tips

Please enjoy this sponsored content from Gleim CPA Review. Task-Based Simulations (TBSs) are a significant part of the current CPA Exam, and their significance will only increase in the next version of the CPA Exam coming in 2017. For the rest of 2016, the AUD, FAR, and REG sections of the CPA Exam will include […]

CPA Exam multiple-choice questions

CPA Exam Multiple-Choice Questions

Please enjoy this sponsored content from Gleim CPA Review. Multiple-choice questions (MCQs) are a major component of the CPA Exam. Every section of the current version of the CPA Exam contains several dozen MCQs, which will retain their significance in the next version of the exam. However, CPA Exam multiple-choice questions will not retain their […]

Don’t Attempt to Steal a CPA Exam Study Book and Expect the Owner to Take It Lightly

Normally, this should all go without saying, but apparently not everyone knows the rules, as evidenced by a report out of Fayetteville, Arkansas: Victor Rudsell walked out to his car on the 1900 block of North Garland Ave. Monday morning, when he saw Joshua Pry inside his car, the report says. Rudsell saw Pry wearing […]

BEC CPA Exam Section

BEC CPA Exam Section

Please enjoy this sponsored content from Gleim CPA Review. One of the four sections of the CPA Exam is Business Environment and Concepts (BEC). Like the other three sections, the BEC CPA Exam section contains several testlets of multiple-choice questions (MCQs). Currently, BEC is unique because it does not contain any Task-Based Simulations (TBSs) and instead […]

task-based simluations

CPA Exam: What are Task-Based Simulations?

Please enjoy this sponsored content from Gleim CPA Review. The CPA Exam consist of three question types: multiple choice (MCQ), Task-Based Simulations (TBS), and written communication (WC). On the current version of the exam, TBSs appear on the AUD, FAR, and REG sections, and Written Communications replace TBSs on BEC. However, the format of the next […]

#CPAexamFail Doesn’t Do This Justice

Nor does it seem real which either means: 1) It's totally real and if so, let's pray for this person; 2) It's totally not real. But hey, someone shared it with us on Twitter, so okay! Worst #CPAexam score ever? What do you think happened here @going_concern #yikes pic.twitter.com/c2oSSzfhIc — benson (@benson304) June 21, 2016 […]

Document Review Simulation

Document Review Simulation: Last Minute Tips

Please enjoy this sponsored content from Gleim CPA Review. The Document Review Simulation (DRS), a new type of Task-Based Simulation (TBS), will start appearing on the AUD, FAR, and REG sections of the CPA Exam in just one month! If you plan to sit for one of these exam sections on or after July 1, […]

CPA

The Benefits of Becoming A CPA

Please enjoy this sponsored content from Gleim CPA Review. Some titles and designations we receive when we are born: son, daughter, sister, brother. But most of the distinctions we desire in life demand more effort. Usually, the greater the cost of a designation, the greater the benefits, and that is definitely the case with the […]

CPA Exam study schedule

The Importance of Creating a CPA Exam Study Schedule

Please enjoy this sponsored content from Gleim CPA Review. No matter why or when you intend to pass the CPA Exam, the best way to maintain your motivation is to establish a CPA Exam study schedule. The benefits of creating a CPA Exam study schedule are numerous, and the process is simple, so use this […]

2017 CPA exam

How to Pass the CPA Exam Before 2017

Please enjoy this sponsored content from Gleim CPA Review. The recent release of the finalized changes to the 2017 CPA Exam has left many candidates feeling pressured to pass the current exam before the new version launches. Thankfully, with the additional testing days provided by the testing window extension and the official introduction of the […]

CPA Exam Changes

Learning About CPA Exam Changes From the AICPA

Please enjoy this sponsored content from Gleim CPA Review. Every spring, the American Institute of Certified Public Accountants (AICPA) hosts at their New York City headquarters the American Professional Accounting Certification Providers Association (APACPA) meeting. The APACPA is a trade organization for CPA Review providers such as Gleim CPA Review, and we faithfully participate in […]

Here Are the 2015 Elijah Watt Sells Winners

As you well know, there's only one correct score on the CPA exam: a passing score. However, some passing scores are more correct than others, as we have explained at length. The 75 individuals listed below scored better than the other 93,667 people who sat for the CPA exam last year. For Elijah Watt Sells […]

2017 CPA Exam

Finalized Changes to the 2017 CPA Exam

Please enjoy this sponsored content from Gleim CPA Review. On April 4, the AICPA published a press release confirming the final details of the 2017 CPA Exam. These details included the official launch date of the next version of the exam, April 1, 2017, the new exam’s purpose and basis, some of the definite 2017 […]

2016 CPA Exam

2016 CPA Exam Testing Window Extension and Transitional Credit

Please enjoy this sponsored content from Gleim CPA Review. The next version of the CPA Exam will introduce a significant number of changes in 2017, and NASBA is anticipating an increase in candidates in 2016 due to those upcoming changes. Because of this uptick in demand, NASBA recently revealed two CPA Exam testing updates: a […]

next version CPA Exam

The Format of the Next Version of the CPA Exam

Please enjoy this sponsored content from Gleim CPA Review. The AICPA has now revealed the structure of the next version of the CPA Exam, and candidates taking part or all of the CPA Exam after April 1, 2017, should use the latest details about the exam structure to plan effective study schedules and establish realistic […]

CPA exam score

CPA Exam Score Release Dates

Please enjoy this sponsored content from Gleim CPA Review. After months of studying for the CPA Exam, success boils down to one moment: the moment you receive your score. Your CPA Exam score determines whether all of your preparatory effort was effective, so you probably want to see your score as soon as you can. […]

CPA Exam

Assemble the Superhero Weapons You Need to Overcome the Changing CPA Exam

So, the powers that be have called upon you to serve humanity as a defender of accounting justice. Though you may already be equipped with your accounting degree and relevant work experience, you have yet another formidable challenge to face before you can fulfill your destiny: the CPA Exam. A great shadow falls over your […]

Tim Gearty: Von Miller Doesn’t Hold a Candle to Successful CPA Exam Candidate

Go ahead, try to disagree with the man. [via r/accounting] More Tim Gearty goodness:Enjoy This Mesmerizing Video of Tim GeartyThese Pictures of Tim Gearty with Neil Cavuto Are Glorious 

CPA Exam Score Release Anxiety Is the Best Anxiety

Forgive the tardiness on this, we owed it to you yesterday. On November 4, 2015 NASBA received and processed the following scores from the AIPCA: pic.twitter.com/FtnQdqngiw — NASBA (@NASBA) November 4, 2015 I think it's important for every to remember that the anxiety people have waiting for their scores is half the fun: Is @nasba […]

Will the CPA Exam Become Optional?

I'm catching up on my reading and lo and behold, here's another CHANGE IN ACCOUNTING IS SO FAST article. It's only been [counts fingers] a few weeks since we last touched on the topic, but we can't waste a good crisis, can we? No, we cannot. This particular piece is based on a speech by […]

Here Are Ten Hot Takes on States’ CPA Exam Performance

Hey, look, a map from NASBA: How well does your home state perform on the Uniform #CPAExam? pic.twitter.com/vKjJGKVYRq — NASBA Talks (@NASBA_Talks) September 17, 2015 It's a Thursday in mid-September and since everyone's talking about the Fed and last night's debate, how about some CPA EXAM HOT TAKES? Come on, you don't have anything better […]

Complaints to NASBA About Releasing CPA Exam Scores Met Expectations

Today is the third release of CPA exam scores for Q3, which means the days and hours leading up to the flood of scores have made NASBA's Twitter account an interesting thing to watch. @NASBA There's got to be a better way for you to handle this. — Kemi Kemi (@Kemi202) September 9, 2015 Debating […]

The Second CPA Exam Score Release for the Q3 Testing Window Is Today

If you took a section of the CPA exam on or before August 14th and have been dreaming of adding three letters to your business card, today could be a very big day. After spending weeks and months ignoring loved ones, allowing pets to defecate indoors, canceling vacations, forgoing sleep, missing out on hate-watching True […]

CPA Exam Scores, Explained and Ranked

Today is the first CPA exam score release date for the Q3 testing window, meaning that answered prayers and shattered dreams abound.  In times like these, it's important to reflect on your score with a bit of context. Sure, you may have passed or failed but what does your score mean? Did you overdo it? […]

ICYMI: AICPA Will Squeeze Excel Into the CPA Exam This Decade

The AICPA reports that Excel's ubiquity in the accounting profession caused a bunch of people to suggest, "use of Excel in the CPA Exam to create an authentic user experience." Accordingly, "The AICPA plans to launch a new testing interface utilizing Excel in 2018." If anyone has further concerns or feedback, send a raven. [AICPA]

Let’s Discuss These CPA Exam Drop-Out Numbers

First, a chart:  Many candidates who began the #CPAexam 2012 dropped out by 2014. What obstacles did you face in this period? pic.twitter.com/8C1UrPujID — NASBA (@NASBA) May 29, 2015 As a wise man once said, "That's fucking interesting. That's fucking interesting, man." The chart seems to make sense — for candidates starting in 2013, they […]

Here Are Your 2014 Elijah Watt Sells Winners

Fifty-nine1 lucky boys and girls managed to score 95.50 across the board and on the first try so they all take home a trophy or whatever. As you may recall, we learned last year that in 2011 the Board of Examiners decided to standardize the EWS winning score at 95.50 which accounts for the boom in number of […]

Confirmed: Golf More Difficult Than CPA Exam

Lots of accountants like golf. Well, sorta. Judging by some of the behavior I've witnessed, the opposite seems true.   Whenever I see a club slammed into the ground and then flying into the trees, I think, "Why is this otherwise mild-mannered person flipping the fuck out?" Golf makes people crazy. It is known. Anyway, […]

Friendly Reminder: Stop Talking About CPA Exam Specifics on the Internet

So, imagine my joy and pleasure when I received the following email from the AICPA this morning: Dear Ms. Gonzalez, In order to ensure that exam content is kept secure and to maintain the integrity of the CPA Exam, we regularly take a look at what candidates are saying on social media and in web […]

Friendly Reminder: NASBA Is Still Screwing With Your Head

What's the second worst thing a CPA exam candidate can see besides a 74 on score release day? Well this, of course: Those of you with a promising future in audit will notice that the dates are all wrong here. If the AICPA received your exam data by February 14, your score should be released […]

Common Traps CPA Exam Candidates Fall Into and How to Avoid Them

Now that scores are out, this may be relevant to your interests.

AICPA’s Concern Over a Building Gap in CPA Exam Candidates Totally Immaterial

Yesterday, Colin stuck the following story in ANR. We're going to go ahead and give it its own spot because this is something worth discussing: The number of New Yorkers obtaining their Certified Public Accounting license from the state remained relatively flat in 2014, according to statistics compiled by the New York State Education Department. […]

Here is Your CPA Exam Score Release Timeline for the First Two Quarters of 2015

Did everyone have a nice restful holiday? Yeah? That's lovely. As we are all aware, it's January which means it's time to start taking the CPA exam again! Aren't you just thrilled? Just so you're prepared for the thrill of victory or the agony of defeat, here are the target score release dates for the […]

Let’s Talk About Those 2014 CPA Exam Pass Rates

The final tallies are in, all the BEC written communications have been skimmed for proper grammar, and the last 74s of 2014 have been posted. So, how did you all do this year? Let's see. Wow, a lot of you just phoned in that 4th quarter, didn't you? Ah well, it happens. Compared to last […]

Here Are Some CPA Exam Changes You Can Expect in a Few Years

The AICPA recently issued an Invitation to Comment: Maintaining the Relevance of the Uniform CPA Examination. The purpose of this initiative is to ensure the CPA Exam remains relevant and continues to align with recent changes to the business and regulatory environments. Personally, I like invitations to comment- especially when I see lots of opportunity […]

NASBA Cutting You Off From CPA Exam Score Releases For Now Because You Ruin Everything

Remember that time you people broke NASBA's website with your obsessive refreshing and then proceeded to yell at NASBA about this? Good times. Well, NASBA is attempting to outsmart you now and will not let you blow up the website looking for scores until scores are ready: We will be temporarily disabling the online score […]

The Latest CPA Exam Pass Rates are FAR From Bad

FAR from bad, get it? Get it?? Never mind. So, the AICPA released pass rates for the third quarter and here's where you all stand for the year: As you can see, AUD and BEC are down a bit from the quarter previous but overall, you guys are still killing it on the CPA exam. […]

AICPA Seeks to Better Weed Out Losers, Misfits with Evolved CPA Exam

We heard they want to make BEC an 8 hour marathon just for kicks.

Everyone Passing the Audit Section of CPA Exam Should Celebrate with Audit Ale

Auditing portion of the CPA exam complete, finally time for the Audit Ale from Listermann Brewing I've been saving pic.twitter.com/B8NDEM7hbP — Joel Weaver (@JoelWeaver10) October 4, 2014 Upon further investigation, we found that the gang at Listermann Brewing in Cincinnati, Ohio had a different idea behind releasing this beer: Audit Ale is a beer with […]

The AICPA Is Taking Your Comments on the CPA Exam Now

Before those of you who spend your lives tweeting obscenties at NASBA for holding your score hostage get all excited, let's be sure we understand who we mean when we say "your" comments: The American Institute of CPAs has issued an Invitation to Comment, requesting feedback from key stakeholders to shape the next version of […]

IFRS 15 Will Not be Tested on the CPA Exam Any Time Soon

As all of you should know, any new pronouncements are usually eligible for CPA exam testing 6 months after their effective date. So, for example, if a new rule comes into play on December 15 (which they do often for companies that have a year end of December 31), it can appear on the CPA […]

NASBA Doesn’t Think the CPA Exam is the Worst Part About Becoming a CPA

Those of you currently in CPA exam studying hell should appreciate this. NASBA came out with "Three Tips for Planning to Take the CPA Exam" today, which is predictably remedial in typical NASBA fashion. The tips are pretty much duh, like know the requirements to sit in your desired state of licensure, don't plan to […]

#TBT: Could You Answer These Questions From the First CPA Exam in 1896?

According to A History of Public Accounting in the United States by James Don Edwards: The first examination was given by the New York Board of Examiners on December 15 and 16, 1896. The first section of the examination, on the theory of accounts, was given on December 15, 1896 from 9:15 A.M. to 12:15 […]

If You Were Planning to Procrastinate on the CPA Exam This Year, Don’t

Sometimes, the CPA Exam Powers That Be see fit to have mercy on your procrastinating souls and extend testing windows at the end of the year just in case you absolutely need to catch up with your family around the holidays. Not so much this year. From NASBA: The Fall 2014 testing window begins on […]

NASBA Respectfully Asks You Not to Act Like an Idiot at the CPA Exam

Long ago and far away, we wondered out loud what would happen if you tattooed CPA exam formulas on your arm. Not that we suggest doing that as tattoos are permanent while the CPA exam is temporary, but would Prometric throw you out? Would you be barred from taking the exam due to cheating and […]

The California Board of Accountancy Wants You to Facebook Them Your CPA Exam Worries

You're a busy CPA exam candidate with no time to read the Candidate Handbook or use Google to get the answers you seek. What do you do? Get on Facebook and holla at your friendly local Board of Accountancy, natch.     Post by California Board of Accountancy.   This is actually a pretty cool […]

Peter Olinto Inspires Would-Be CPAs To Look Down on Their Loser Friends

How do you inspire a bunch of uninspired CPA exam candidates to get off their asses and study? By reminding them their friends are a bunch of losers who will mooch off them: Studying got you down? Think of all your broke friends begging to sleep on your mansion floor once you get your CPA […]

Don’t Freak Out But NASBA Will Be Down This Weekend

We're hoping NASBA has sent out a notice but just in case you didn't catch this on Twitter, here's what you need to know: In order to provide you with faster and more efficient service, NASBA is performing system upgrades and important maintenance that will cause our systems to be down from Thursday, June 26, […]

It Will Soon Be a Little Cheaper to Take the CPA Exam in California

Good news, California CPA exam candidates! Even though taxes are up, gas is up, food prices are up and you'll soon have to start importing your water in from Minnesota, you're going to get a break on CPA exam fees: The CBA announced a temporary reduction in CPA Exam application fees for a two-year period […]

CPA Exam Score Release Timeline for Q3/Q4 Is Out

For those of you who plan to ruin summer by studying for the CPA exam, you now have dates to circle on your calendar:  Here is the 2014 Q3/Q4 CPA exam score release timeline: http://t.co/LnFZNmv4yP — NASBA (@NASBA) June 16, 2014 The specifics: Plan accordingly.

Here’s Your Open Thread for the Third CPA Exam Score Release of Q2

And look at that, right on time! .@AICPA has released the following #CPAExam scores for the April/May testing window: 7065 AUD, 4537 BEC, 5890 FAR and 6585 REG. — NASBA (@NASBA) June 9, 2014 As always, you are welcome to share your victories (or failures) in the comment section amongst yourselves.

CPA Exam Overlords Seeking Input From New CPAs on How to Improve the Exam

As we know, the AICPA is deep into a practice analysis which will change the CPA exam as you know it. They are consulting experts, educators, concerned volunteers, and the magical little gnomes that live inside Prometric computers just so your experience is slightly less awful. Now we've learned, per a tipster, the AICPA is […]

CPA Exam Changes Ahead in the Next One to Three Years

As we told you earlier this year, the CPA exam overlords are working on CBT-3, which is the natural evolution of CBT-e (2011) and CBT-e's dusty grandpa CBT (2004). We still aren't totally sure what they're changing around but it looks like they're still looking for help with writing and testing questions before candidates experience […]

How To Pass the CPA Exam With a 20 Year Old Accounting Degree

It seems like after all these years together, we've answered just about every question possible. Plus, with the addition of Open Items, you can now post your questions directly and have them answered immediately by the GC faithful versus sitting in our inboxes for however long it takes for us to get around to it. […]

CPA Exam Candidates Are Totally Killing It On the Exam

So, what gives? Are you guys studying more? Actually using those fancy apps? Doing more than highlighting and praying? If your tin foil hat is tightly strapped to your head, you might just think demand is higher for CPAs than it's ever been so that's why more are you are passing but what sort of […]

Happy 10th Birthday to the Computerized CPA Exam!

Has it really been that long? It's been that long. The American Institute of CPAs, the National Association of State Boards of Accountancy (NASBA) and Prometric are pleased to mark the 10th anniversary of computer-based testing (CBT) for the Uniform CPA Examination and note the continued enhancements and successful expansion of the test administration over the […]

Now You Know Why There Are So Many Elijah Watt Sells Award Winners

Remember yesterday when we shared with you the 55 winners of the 2013 Elijah Watt Sells award? And remember when I asked out loud why are there so darn many of them? The AICPA was kind enough to clue me in. Here's what they told me: If you want to go really far back, (all […]

2013 Elijah Watt Sells Award Winners Announced and Crikey There Are a Ton of Them

OK, this is just getting ridiculous. It used to be the 10 best CPA exam performers in the entire country and this year's list features FIFTY-FIVE individuals. Is this like in elementary school when everyone on the Little Kickers soccer team got a trophy even if they warmed the bench the entire season or, worse, […]

They’re Getting Ready to Change the CPA Exam Again (But You Shouldn’t Worry)

This is AICPA Board of Examiners Director Michael Decker from the Fall/Winter 2013 Uniform CPA Exam Alert, take note people: We are now embarking on a new Practice Analysis, a research study that will form the basis for the design and development of the next CPA Exam. The Practice Analysis helps to ensure the exam […]

New Year’s Resolutions To Make If You’re Taking the CPA Exam in 2014

Gawd, still with this holiday crap. Thank goodness we're in the home stretch and can soon go about our miserable lives like none of this ever happened. Until then, here are a few resolutions you should make if you plan to take the CPA exam at any point in 2014.   Don't bug out about […]

Wake Forest Continues to Dominate the CPA Exam, Press Releases About Said Domination

I kinda wish I could be the PR person at Wake Forest, it has to be super easy to write what is essentially the same exact press release year after year after year. The following comes as a shock to absolutely no one, though it's probably salt in the wound of that one guy who […]

We Hear Some Q4 CPA Exam Scores Are Trickling Out…

This, per Another71: CPA Exam Scores are now releasing per Another71 Forum http://t.co/P3e5q6Ovf5 #cpaexam #cpa — Jeff @ another71.com (@another71) November 1, 2013 And the tip box: CPA scores are out And a bunch of people getting excited on Twitter. I PASSED THE HARDEST PART OF THE CPA EXAM! — Katie Hansen (@katieeehansen) November 1, […]

ICYMI: Fall CPA Exam Testing Is Being Extended to December 6th

That should be plenty of time for the tryptophan comas to subside: NEWS: Due to the late Thanksgiving holiday, NASBA, AICPA and Prometric extend the Fall #CPAexam testing window: http://t.co/jiytMaprWJ — NASBA (@NASBA) October 18, 2013 The extension is available globally, according to NASBA's website so our international friends may experience 'Merica! at its best if […]

We’d Like To Welcome Oregon To The 21st Century

Still trying to figure out how to keep Margaret from getting bitten by snakes and infected with typhoid. Congratulations and welcome to F5 Hell, Oregon candidates!

Let’s Discuss: CPA Exam Passing Rates Through the Third Quarter

By the looks of things, BEC is getting too easy; it's the only section that has a higher passing rate than last year's third quarter numbers. CPAexam_passrates_2013q3 Cumulative scores are looking good as well, but the 4th quarter always shits the bed on account of everyone spending the last three months of the year in […]