Although the 2017 CPA Exam changes aren’t taking place until Q2 of next year, they are already affecting current and soon-to-be eligible CPA Exam candidates in different parts of their CPA Exam journey.
If you are wondering what the best exam-taking strategy during this transitional period is, here’s what we recommend if you plan on taking the exam between now and Q2 of 2017. If you anticipate on passing all 4 sections of the exam before Q1 of 2017 , you will be less affected with the exception of Document Review Simulations (DRSs) being added July 1, 2016. However, if you anticipate on becoming eligible to sit for the exam now or in the near future, here’s how the 2017 changes will affect you and our recommended course of action for each scenario.
Eligible to Sit Now
If you’re eligible to sit for the exam now, we recommend that you begin studying for the exam and take all 4 parts as soon as possible to pass all 4 parts before the changes go into effect Q2 of 2017. So if you haven’t already begun applying for the exam, do so now since it can take some time to go through and complete the application process. Learn more about how to qualify and apply to the CPA Exam with our eBook here.
You can also begin studying for the first section you plan on taking while you’re waiting for your application to finalize to save time and get ahead of the game. We recommend that you get as many parts done as possible before Q2 of 2017. The idea is to strategically take the more heavily impacted parts first, in an effort to get as many done before the changes take place. Our suggested order is the following: BEC, REG, AUD, and then FAR. BEC is recommended first because in 2017, it will have an entirely new section of TBS plus an extra hour of testing time. REG is recommended second because it will have an extra hour of testing time as well. AUD is recommended third since it will have the most difficult higher order skill tested, which is “evaluation.” And FAR is recommended last since it has the least amount of change. This way, the less impacted parts will be the ones you take when the changes go into effect.
Eligible to sit in 2017
If you’re going to eligible to sit for the exam in 2017, all you have to do is stay informed and prepare accordingly. As the AICPA continues to finalize plans for what the 2017 CPA Exam will look like, you should continue to stay updated and familiarize yourself with the new exam’s overall content, structure, and format.
Another thing to keep in mind is because Audit & Attestation (AUD), Business Economics & Concepts (BEC), Financial Audit & Reporting (FAR), and Regulation (REG) still make up the 4 parts of the CPA Exam, you will be able to carry over any sections you passed before the 2017 changes take place. Just make sure they are within your 18 month window.
Roger CPA Review Has Your Back
Regardless of when you are eligible to sit for the CPA Exam, Roger CPA Review will make sure that you’re prepared to succeed. We provide students with the most up-to-date tools they need to confidently prepare for and pass the CPA Exam. In addition, the essential elements of our course methodology—Learn, Practice, Support—were built to give students a strong foundation of knowledge so no matter how they’re tested or what changes on the exam may occur, they will be fully prepared on the concepts they need to learn.