Embed Size (px)
Citation preview
Board of Examiners (BOE) Update
Wendy Perez CPA Chair, Board of Examiners
American Ins,tute of CPAs The Uniform CPA Examina,on®
Agenda
! Role of the BOE ! BOE/Staff Initiatives ! CPA Exam Trends & Volume
2
American Ins,tute of CPAs The Uniform CPA Examina,on®
BOE Committee Structure
Board of Examiners
Psychometric Oversight Commi8ee
Content Commi8ee
Audit Subcommi8ee
Financial Accoun?ng and
Repor?ng Subcommi8ee
Business Environment and Concepts Subcommi8ee
Regula?on Subcommi8ee
State Board Commi8ee
American Ins,tute of CPAs The Uniform CPA Examina,on®
Role of the BOE
4
! Protects the public interest ! Ensures that candidates possess knowledge and
skills for initial licensure through: • Strategic planning • Risk Assessment
! Establishes policies governing: • Content development • Delivery • Scoring
! Represents the CPA Exam to the boards of accountancy and the profession
American Ins,tute of CPAs The Uniform CPA Examina,on®
Development of CPA Exam Content
5
! Practice Analysis ! Content Specification Outline (CSO)
• Annual review and update
! Item Bank Reviews • Obsolescence • Terminology
American Ins,tute of CPAs The Uniform CPA Examina,on®
Delivery & Scoring of the CPA Exam
6
! Delivery • International • Domestic • Technology platform
! Scoring • Standard setting process to set passing score
American Ins,tute of CPAs
BOE Initiatives
American Ins,tute of CPAs The Uniform CPA Examina,on®
BOE / Staff Initiatives
8
! Strategic Plan • Lays the groundwork for
the future vision of the CPA Exam
! Technology • Platform consolidation in
process • Next generation platform
! Item Development Process Improvement
! 2015 Practice Analysis ! Recruiting
American Ins,tute of CPAs The Uniform CPA Examina,on®
State Board Committee and Staff Initiatives
! Board of Accountancy Communications • CPA Exam booklet on-line at aicpa.org • BOE Update Calls, regional forums, web chats
! Presentations and communications at NASBA Executive Director, Regionals, and Annual Meeting
9
American Ins,tute of CPAs
CPA Exam Trends & Volume
American Institute of CPAs The Uniform CPA Examination®
Domestic Volume
11
107,954
178,266
202,354 224,494
247,351
307,573
-
50,000
100,000
150,000
200,000
250,000
300,000
350,000
Total Volume Calendar Year Total Volume
2004 (Apr-Dec) 2005 2006 2007 2008 2009 2010 2011 2012
266,874 255,945248,374
13.5% Increase
10.9% Increase
10.2% Increase
7.9% Increase
15.3% Increase
19.23% Decrease
3.0% Increase
American Institute of CPAs The Uniform CPA Examination®
CPA Exam Pass Rates (Domestic)
2004 2005 2006 2007 2008 2009 2010 2011 2012
AUD 42.54 43.62 44.01 47.57 49.10 49.79 47.80 45.62 47.40
BEC 44.61 44.16 43.81 46.56 47.49 48.34 47.29 47.13 53.94
FAR 42.09 43.11 44.54 48.15 49.21 48.45 47.81 45.57 48.26
REG 40.67 40.61 42.33 47.03 48.74 49.81 50.66 44.22 48.48
American Ins,tute of CPAs
Thank You
