What Does the Transition Policy Mean for CPA Candidates?

AICPA and NASBA have developed a streamlined transition policy for implementing the new changes. The transition policy is straightforward and easy to understand. The transition policy's breakdown and how it affects CPA candidates are provided below.

• On the 2024 CPA Exam, candidates who have passed and received credit for AUD, FAR, or REG will not be required to take the corresponding new core section of AUD, FAR, or REG.

• None of the three discipline sections will be required of candidates who have passed the current CPA Exam and received credit for BEC.

• After December 31, 2023, candidates who do not have credit for AUD will be required to take the AUD core section of the 2024 CPA Exam.

• After December 31, 2023, candidates who do not receive credit for FAR will be required to take the FAR core section of the 2024 CPA Exam.

• After December 31, 2023, candidates who do not receive credit for REG will be required to take the REG core section of the 2024 CPA Exam.

• On the 2024 CPA Exam, candidates who do not receive credit for BEC after December 31, 2023, will be required to take one discipline section.

• After December 2023, the CPA exam's current sections and curriculum will no longer be available for testing.

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