Cpa Exam Changes In 2011
For those who plan to pass the cpa exam in 2011, there will be some changes. The worst change that there can be is in content. Sadly, there will be a change in content for the year 2011. The change consists in a big addition to what you will have to learn. So the new learning material will also contain IFRS, which means international financial reporting standard. However not all four main categories of CPA will include this addition. IFRS will be included only in business environment and concepts, financial accounting and reporting and audition and attestation. The reason why regulation is left out is that the US GAAP-IFRS conversion is not yet complete. US companies are not familiar with this type of standard, this is why CPA examiners have decided to let it out. So if you plan to take the exam in 2011 be ready to learn IFRS also, where needed.
