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 data, 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 In this case, both the old and new pronouncements may be tested until the old pronouncement is superseded.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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