The Uniform Certified Public Accountant (CPA) Examination is considered one of the most difficult licensing exams. The National Association of State Boards of Accountancy oversees this examination and the candidates who apply for it. Students need to be fully aware of the terms associated with the CPA exam, such as auditing and attestation, regulation, as well as the business environment and concepts. Candidates for the CPA exam may also be able to learn more about these terms by reading the CPA Candidate Bulletin.
Notice to Schedule (NTS)The Notice to Schedule is written approval to take the CPA examination. It is issued by The National Association of State Boards of Accountancy.
National Association of State Boards of Accountancy (NASBA)National Association of State Boards of Accountancy (NASBA) provides educational material and plays a significant role in a candidate's ability to sit for the CPA exam. The NASBA oversees the test given by all state boards.
CPA Candidate BulletinThe CPA Candidate Bulletin is the handbook used by individuals who plan to take the CPA exam. It covers all aspects of taking the test including rules and topics covered. This is a must-have document for all candidates.
Auditing and Attestation (AUD)The auditing and attestation section of the CPA exam covers the aspects, such as auditing procedures and standards, that all CPAs need to know. Students may wish to obtain specific guidance and test prep for this section.
DePaul University provides a description of the auditing and attestation section of the CPA exam.
Business environment and concepts (BEC)The business environment and concepts section of the CPA exam contains questions regarding business structure, planning and measurement. This section contains multiple-choice questions.
The Minnesota Society of Certified Public Accountants provides more information on the business environment and concepts section of the CPA exam.
Regulation (REG)The regulation section of the CPA exam is considered one of the more difficult areas. It contains multiple choice, simulation questions, and essay questions.
Roger CPA Review provides candidates with more information about the regulations portion of the CPA exam.