Good News for all the CPA aspirants who want to take the CPA exam in Canada.
Here’s an announcement from the National Association of State Boards of Accountancy (NASBA) and the American Institute of CPAs (AICPA) regarding the CPA exam in Canada. NASBA and AICPA will administer the US CPA exam in Canada at approved CPA Prometric test locations/centers until 30th June 2021.
The Canadian CPA aspirants/students may schedule to take the US CPA exam in approved Prometric locations in Canada from 8th December 2020. You can find the available testing centers in Canada through Prometric Seat Availability Tool.
All the CPA candidates must review and acknowledge the documentation of informed consent before taking the exam.
CPA Exam Changes in 2021:
CPA course tests higher-order skills such as problem-solving, critical thinking, and analytical ability. There are no changes to testing time, score weighting, or the number of CPA Exam questions.
Here are the CPA exam changes in 2021.
Changes to CPA-AUD and CPA-BEC sections are as follows:
CPA-AUD content weighting changes
- Area II (Assessing Risk and Developing a Planned Response) increased from 20%-30% of the section to 25%-35%.
- Area IV (Forming Conclusions and Reporting) decreased from 15%-25% of the section to 10%-20%.
CPA-AUD skill weighting changes
- The number of questions tested at the Remembering and Understanding level decreased from 30%-40% to 25%-35%.
- The number of questions tested at the Analysis level increased from 15%-25% to 20%-30%.
CPA-BEC content weighting changes
- Area I (Enterprise Risk Management, Internal Controls and Business Processes) increased from 17%-27% of the section to 20%-30%.
- Area II (Economics) decreased from 17%-27% of the section to 15%-25%.
- Area III (Financial Management) decreased from 11%-21% of the section to 10%-20%.
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