CPA Exam Policy on New Pronouncements 

Published November 12, 2015

Accounting and auditing pronouncements are eligible to be tested on the Uniform CPA Examination in the later of: (1) the first testing window beginning after the pronouncement’s earliest mandatory effective date or (2) the first testing window beginning six (6) months after the pronouncement’s issuance date. In either case, there is a simultaneous introduction of content related to the new pronouncement and removal of content related to the previous pronouncement.

Changes in the federal taxation area, the Internal Revenue Code, and federal taxation regulations may be included in the testing window beginning six (6) months after the change’s effective date or enactment date, whichever is later.

For all other subjects covered in the Regulation (REG) and Business Environment and Concepts (BEC) sections, materials eligible to be tested include federal laws in the window beginning six (6) months after their effective date, and uniform acts in the window beginning one (1) year after their adoption by a simple majority of the jurisdictions.

NOTE: This above-mentioned policy becomes effective with the testing window beginning on April 1, 2016 and will be applied to all accounting and auditing pronouncements issued after July 1, 2015. 

Standards issued prior to July 1, 2015 remain subject to the former CPA Exam Policy on New Pronouncements, which is set forth below.

Accounting and auditing pronouncements are eligible to be tested on the Uniform CPA Examination in the testing window beginning six months after a pronouncement's effective date, unless early application is permitted. When early application is permitted, the new pronouncement is eligible to be tested in the window beginning six months after the issuance date. In this case, both the old and new pronouncements may be tested until the old pronouncement is superseded.

Changes in the federal taxation area, the Internal Revenue Code and federal taxation regulations may be included in the testing window beginning six months after the change's effective date or enactment date, whichever is later.

For all other subjects covered in the Regulation (REG) and Business Environment and Concepts (BEC) sections, materials eligible to be tested include federal laws in the window beginning six months after their effective date, and uniform acts in the window beginning one year after their adoption by a simple majority of the jurisdictions.

Standard Number

Issued

First Window Eligible

ASU 2014 – 10

June 2014

15Q1

ASU 2014 – 12

June 20104

15Q1

ASU 2014 – 13

August 2014

15Q2

ASU 2014 – 14

August 2014

15Q2

ASU 2014 – 15

August 2014

15Q2

ASU 2014 – 16

November 2014

15Q3

ASU 2014 – 18

December 2014

15Q3

ASU 2015 – 01

January 2015

15Q4

ASU 2015 – 02

February 2015

15Q4

ASU 2015 – 03

April 2015

16Q1

ASU 2015 – 04

April 2015

16Q1

ASU 2015 – 05

April 2015

16Q1

ASU 2015 – 06

April 2015

16Q1

ASU 2015 – 07

May 2015

16Q1

ASU 2015 – 09

May 2015

16Q1

ASU 2015 – 10

June 2015

16Q1

GASB 72

March 2015

15Q4

GASB 73

June 2015

16Q1

GASB 74

June 2015

16Q1

GASB 75

June 2015

16Q1

GASB 76

June 2015

16Q1

Amendments to IAS 16 and IAS 38

May 2014

15Q1

Amendments to IFRS 11

May 2014

15Q1

Amendments to IAS 16 and IAS 41

June 2014

15Q2

IFRS 9

July 2014

15Q2

Amendments to IAS 27

August 2014

15Q2

Annual Improvements to IFRSs 2012-2014 Cycle

September 2014

15Q2

Amendments to IFRS 10 and IAS 28

September 2014

15Q2

Amendments to IFRS 10, IFRS 12 and IAS 28

December 2014

15Q3

Amendments to IAS 1

December 2014

15Q3

SSARS 21

October 2014

15Q3




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