CPA Evolution Initiative- 2024

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.