Exciting Progress on the CPA Exam: A Recap of the AICPA Presentation

By Bonnie Stewart, CTCPA Executive Director and CEO

At the recent National Association of State Boards of Accountancy (NASBA) Annual Meeting, the American Institute of Certified Public Accountants (AICPA) and NASBA delivered an update on the progress of the CPA Exam, highlighting significant advancements and future initiatives that promise to enhance the candidate experience. 

The presentation opened with speakers announcing the successful release of the revamped CPA Exam, which they reported has seen no candidate issues since its launch in January 2024.

One of the key innovations discussed was the introduction of a global app designed for candidates to efficiently manage their exam applications and scores. This tool, paired with an ongoing transcript pilot aimed at streamlining processes for candidates with accounting degrees, represents a leap toward the goal of an overall improved user experience.

The exam's performance metrics were a central theme, with pass rates showing promising results in the TCP and REG sections. The credit extension policy, now extended to June 30, 2025, offers further support to candidates, ensuring they have more flexibility to succeed.

Looking ahead, the presentation introduced potential block scheduling initiatives that would allow university cohorts and firms to take the CPA Exam together, fostering a sense of community and accountability among candidates. This approach aims to enhance the overall exam experience and streamline the testing process.

In closing, AICPA and NASBA emphasized the importance of collaboration and communication to keep candidates informed and engaged. They encouraged continued dialogue with state boards and stakeholders as the future of the CPA Exam evolves.