Is the AICPA Lowering the Bar on the CPA Exam?
Friendly reminder: >75 is here to answer your CPA Exam questions so send them over.
Sadly, JDA is technically still employed by a CPA Review course (and, of course, not a CPA) but hey, if any of you are looking to protect the public interest, have at it.
This may just be some wild speculating here but I have to admit my first thought upon seeing this was that the AICPA is scared everyone will freak out when IFRS hits the CPA Exam on January 1, 2011 and bomb horribly. Does this mean it’ll be graded on a curve? If so, I’m starting to have some concerns about that “protecting the public interest” bit.
Lowering the bar, AICPA Board of Examiners style:
THE AICPA EXAMINATIONS TEAM IS SEEKING CPA NOMINEES TO SERVE ON CPA EXAMINATION PANELS
When the new Uniform CPA Examination is launched on January 1, 2011, changes in content, format, and structure will be introduced. These changes will require the current passing score to be re-examined. The process to do so will include convening four panels of CPAs – one for each examination section – to prepare the groundwork for the passing score decision by the AICPA Board of Examiners. A new passing score determination is necessary in conjunction with the new examination to ensure that legally defensible CPA Examination pass/fail decisions continue to be made in protection of the public interest.
The AICPA is seeking nominations for passing score panel membership. Nominees should be CPAs who:
• have been licensed for between 3 and 5 years
• have supervised entry-level CPAs during the past year
• have NO affiliation with CPA Examination review courses, and
• are willing to participate in an August 2010 two-day meeting in Chicago, IL at the expense of the AICPA.
The selection of panelists from among qualified nominees will be made to ensure broad representation from all segments of the profession and demographic categories. Panelists will be given training at the August meetings on their responsibilities as panel participants.
Nominations may be submitted online at http://vovici.com/wsb.dll/s/4e5ag3f124 or the forms completed and returned by FAX to 609-671-2922. Or, the names and contact information of nominees may be sent by e-mail to [email protected] The information collected about nominees will be used only for the purpose of selecting panel participants.
The deadline for submitting nominations is MARCH 31, 2010.
Like I said, JDA is out; any of you kids in on this?