CPA Evolution

The CPA Evolution initiative is transforming the CPA licensure model to recognize the rapidly changing skills and competencies the practice of accounting requires today and will require in the future. It is a joint effort of the National Association of State Boards of Accountancy (NASBA) and the American Institute of Certified Public Accountants (AICPA).

The CPA Evolution Licensure Model (CPA Evolution) establishes a foundation for the most important and relevant topics that new CPAs need to know to protect the public interest while providing an opportunity for candidates to choose one of three Disciplines as described below.

Under CPA Evolution, all candidates will be required to pass three Core Exam sections:

  • Auditing and Attestation (AUD)
  • Financial Accounting and Reporting (FAR
  • Taxation and Regulation (REG)

Each candidate will also choose one Discipline section to demonstrate knowledge and skills in that particular domain:

  • Business Analysis and Reporting (BAR)
  • Information Systems and Controls (ISC)
  • Tax Compliance and Planning (TCP)

Regardless of a candidate’s chosen Discipline, CPA Evolution leads to CPA licensure, with rights, privileges, and responsibilities consistent with the present CPA license. CPA professional practice is not limited by the Discipline passed; professional standards provide guidance related to required competence and due care when performing professional services.

Exam Transition Policy

cpa exam transistion

The transition policy applies to exam candidates who pass sections of the current CPA Exam in 2023 but who still have remaining sections to pass in 2024, after the new version of the exam has been implemented.

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