Beginning with the April 2017 testing window the CPA exam will undergo significant changes, predicted to make the exam more difficult and test higher levels of learning and application than the current CPA exam, but also provide a more accurate measure of whether CPA candidates are ready for a career in accounting. These changes will pose a challenge to students seeking to pass the exam, but provide accounting faculty and accounting programs an opportunity to adjust course delivery and learning objectives to effectively close gaps between education, the CPA

These changes will pose a challenge to students seeking to pass the exam, but provide accounting faculty and accounting programs an opportunity to adjust course delivery and learning objectives to effectively close gaps between education, the CPA exam and profession. In this paper, we survey the literature on student preparedness for careers in accounting and then specifically discuss the changes to the CPA exam.

We provide guidance for accounting faculty and accounting program directors for addressing those changes and working to close the expectations gap between academia and the profession through classroom content and out-of-class support to students. We also offer best practice tips for students as they prepare for the CPA exam.

This article is from the Accounting Instructor’s Resource, an electronic journal that provides teaching tips and insights to those who teach accounting and other business courses.

Authors:
Mitchell Franklin, Le Moyne College
Michaele Morrow, Suffolk University

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