The CPA Exam is a standardized test administered by the American Institute of Certified Public Accountants (AICPA). It is a rigorous exam that tests candidates’ knowledge of accounting, auditing, financial reporting, and other related topics. The CPA Exam is divided into four sections: Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG). Candidates must pass all four sections of the exam within 18 months in order to earn their CPA license.
The CPA Exam is one of the most challenging accounting exams in the world. The pass rate for the exam is typically around 50%. However, the pass rate has been declining in recent years, as the exam has become more difficult. In 2025, the AICPA is making significant changes to the CPA Exam. These changes are designed to make the exam more relevant to the current accounting environment and to better test candidates’ critical thinking skills. The AICPA is also implementing a new score release policy for the CPA Exam in 2025. Under the new policy, candidates will receive their scores for each section of the exam within two weeks of taking the exam.
