Regulation Cpa Exam 2020
Reg cpa exam 2020 tax law changes reg is all about tax and allots anywhere from 55 85 of each exam to addressing federal taxation topics. The reg regulation section of the cpa exam tests your knowledge of business law business ethics and federal taxation.
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The january 2020 cpa exam does not include significant content changes and the cpa exam blueprints remain consistent from july 2019.
Regulation cpa exam 2020. The 2020 cpa exam changes are around the corner and heres what you need to know. Now the cpa exam is changing in 2020 and 2021 to ensure newly licensed cpas continue to possess the knowledge and skills necessary to protect the public interest. However there are some pronouncement changes eligible for testing on january 1 2020 and we have you covered with those changes implemented into the lessons.
Specifically newly licensed cpas will be required to demonstrate increased knowledge and skills related to specific technology. 115 97 also known as the tax cuts and jobs act. With my expert analysis you can read my comprehensive breakdown of this section of the exam and get the tools to crush the cpa.
Most of the revisions in the cpa exam blueprint for the reg section are in response to the recently passed public law no. The time is now. These changes are quite pervasive and complicated as they apply to most financial assets and require the use of more judgment and various factors in developing expectations of credit losses.
Take the first step towards cpa exam success. Heres a quick breakdown of some changes and areas of focus based on the new law. Starting january 1 2020 there have been major changes to the far exam specifically surrounding financial instruments credit losses.
The reg cpa exam section usually starts testing on the latest tax law changes on january 1.
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