Data Analytics has become a hot topic in recent years. And rightfully so as the use of big data extends its reach beyond the field of Information Technology. But what is data analytics and why is it making an appearance on the CPA Exam?
Every year, the American Institute of Certified Public Accountants (AICPA) hosts the American Professional Accounting Certification Providers Association (APACPA) meeting—giving CPA Review providers a chance to learn more about their findings on how candidates are performing on the exam, as well as what their plans are for the upcoming year.
In 2016, the FASB issued ASC 842 updating the accounting treatment of leases. The goal of the update was to provide more transparency and comparability among companies regarding lease assets and liabilities. To help ease the transition, the Board has allowed entities time to adopt the new leases standard.
The CPA Exam has undergone several changes in 2018, including content updates that were eligible for testing on January 2, 2018 and a new user interface experience that will be launched on April 1st, 2018. The changes, while important, are much less impactful than the CPA Exam changes in 2017. However, it’s important to be aware of the changes so that you’re properly prepared on Exam day.
Every year, the AICPA makes changes and updates to the CPA Exam to ensure it's as relevant and up-to-date to the industry as possible. While we just experienced the largest overhaul to occur on the CPA Exam this past year in April, candidates shouldn't be surprised that the exam is undergoing several changes yet again in 2018.
Download our free eBook below to find out everything you need to know about the 2018 CPA Exam and how Roger CPA Review is helping you properly prepare for success. These changes will go into effect on January 1, 2018--so make sure you know what to expect as you study and so there's no surprises on Exam Day!