Michael Parrinello: CPA and partner at The Bonadio Group

Ken Koskay: VP and head of global sales and business development at Beckerīecker is a professional education company offering CPA exam preparation and continuing professional education. The AICPA is the world's largest member association representing the accounting profession. Jenn Bukowski: CPA and senior technical manager of test development at the AICPA In this article, we'll cover the changes, their implications, the future of the CPA role and tips for keeping up-to-date in this rapidly-changing field. While the test's content has always been dynamic and subject to regular updates by the American Institute of Certified Public Accountants (AICPA), the changes taking effect in July are notable for their focus on technology.

With these changes fast-approaching - and an even bigger overhaul coming in 2024 - current and prospective CPAs likely need to hone skills like strategic thinking, data analysis and communication that are increasingly in demand.įuture accountants, get ready: July 2021 will bring significant modifications to the CPA Exam that reflect changes to the accounting profession as a whole.

The exam will test more on concepts like IT controls, automation and business processes - and less on topics like IFRS and U.S.

In July 2021, the CPA Exam will change to reflect the new, technology-focused reality of the profession.

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