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In a joint announcement, the AICPA and NASBA said they have extended their agreement with Prometric to deliver the Uniform CPA Examination through 2019, using the company’s global computer-based testing network. Prometric delivered the first computerized CPA Exam in 2004, noted the release, and has delivered more than 1.8 million exams to date.
Advances in computer testing for the CPA exam have brought about changes in the timing of when the scores are released, according to the AICPA. Starting fourth quarter, 2011, those whose test results are received by the AICPA within the first 20 days of the testing window are expected to get their results 10 business days after the end of day 20 in the testing window, with scores released Nov. 3.
Sen. Toby Ann Stavisky (D-Queens), the senator who cosponsored the accountancy reform bill in the state Senate last year, has introduced new legislation that would require a master's degree as a minimum education requirement for CPA licensure.
In her memorandum of support for the bill (S5835), Stavisky says it is necessary for CPAs to hold a master's degree because the CPA profession is evolving, which will require CPAs to be "as comprehensively trained as possible to deal with all the nuances of their professional responsibilities."