We've been keeping everyone updated on the changes to the CPA Exam that are taking effect Jan 1st 2011, but we thought it would be helpful to put together a guide on what all the changes mean for those who are still in process of taking the Exam. Below is a list of the most frequently asked questions and our answers:
How will the CPA Exam be different in 2011?
In 2011 the CPA Exam will be changing in two ways--the entire exam will be formatted differently and new content on International Standards will be introduced to different sections of the Exam. We've outlined all the details here.
How will IFRS be tested on the CPA Exam?
IFRS is going to be incorporated into FAR, AUD, and BEC. Below is a list of the possible questions types that will be in each section from our previous blog post.