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CPA Evolution Initiative – The right time to upskill and enhance the competencies of CPAs, to make them future ready. If you want to advance your talent and enthusiasm for accounting, then enrolling for CPA would be the greatest course of action!
By 2024, the CPA course will go under an evolutionary change.
What is the Evolution model for CPA licensure?
Strong core with accounting, auditing, and taxation along with a recognition of the impact of technology
More knowledge of three cores:
Auditing and Attestation (AUD)
Financial Accounting & Reporting (FAR)
Regulation (REG)
BEC is divided into three disciplines, -
Business Analysis and Reporting (BAR)
Information Systems and Controls ( ISC) &
Tax Compliance and Planning (TCP)
Reflects reality of practice
Adaptive and flexible
Enhances public protection
Why the change?
The rapid change in the operative environment of CPAs
Increase in the body of knowledge
Increased technology impact
Increased skills requirement
So, if you resolve to become a CPA then here are the upcoming evolutionary changes, buckle up your preparations with Miles Education, the best CPA training institute in India.
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