Should I take AUD or BEC in 2023?

If you haven't taken an exam yet and are able to schedule all of them before 2024 – Surgent recommends this order: BEC, AUD, FAR and REG. If you are unable to complete all exam sections before 2024, we still recommend starting with BEC, which will replace a discipline requirement.

Should you take BEC in 2023?

However, many candidates might prefer to avoid the uncertainty associated with these new sections. The advantage is that if you take and pass the BEC Exam by December 15, 2023 (the last testing date in 2023), you will be exempt from having to take one of the new, more advanced Discipline sections in 2024.

What is the best order to take the CPA exams in 2023?

Should I take BEC before 2024?

It's crucial to take action and attempt the BEC section of the CPA Exam before the changes come into effect in 2024. By doing so, you can benefit from the familiarity of the current exam format, potentially save time and costs, and accelerate your career progression.

Is the CPA changing in 2023?

A new version of the CPA Exam launched on January 10, 2024. The CPA licensure model is transforming to recognize the rapidly changing skills and competencies the practice of accounting requires today and will require in the future.

Full Guide: 2024 CPA Exam Changes and What it Means for You

Should I take the CPA in 2023 or 2024?

No, you will be able to keep the sections you pass in 2023. All exam sections passed before Jan. 1, 2024, will still count towards your CPA licensure. Your passed sections are grandfathered in, so no retesting is needed.

Is BEC the hardest CPA Exam?

Among the four sections, FAR has a reputation for being the hardest, and it typically has the lowest pass rate. BEC has the highest pass rate and is often thought to be the easiest. AUD and REG tend to be middle of the road.

Is AUD getting easier in 2024?

AUD is absorbing content from BEC under the new licensure model, so in theory, AUD will be more difficult in 2024. Both FAR and REG will theoretically be getting easier in 2024 as both sections will be pushing some of their more advanced topics to their corresponding disciplines, BAR and TCP, respectively.

What is replacing BEC?

The legacy CPA Exam included four mandatory exams that all candidates took: AUD, BEC, FAR and REG. In 2024, the CPA Evolution Exam will include three core exams (AUD, FAR and REG) and one discipline exam of your choosing (either BAR, ISC or TCP). No longer will each candidate take the same four exams.

Is BEC the easiest CPA Exam?

What is the easiest part of the CPA exam? BEC has the highest pass rate and is considered the easiest CPA exam section.

Should I take AUD or BEC first?

Here's our pro tip: If you're aiming to finish in 9 months, do FAR in the first window. Then, do AUD or REG in the second quarter paired with BEC (based on your strengths: tax or audit). Finally, in the third window, aim for the remaining part, AUD or REG.

Should I take Reg or BEC first?

While there's no rule about the order in which you need to take your exam sections, we strongly recommend taking BEC first. This is because the CPA Exam is getting a major facelift starting January 2024, which entails passing three Core exams and one of three new, more advanced Discipline exams.

What is the easiest CPA exam in 2023?

BEC Passing Rates

The BEC section almost always has the highest pass rates of any CPA exam section. With typical passing rates of 55% or more, BEC is widely considered the easiest CPA exam section.

How long should I study for BEC?

How Many Hours to Study for BEC CPA Exam Section. BEC has 62 MCQs, four simulations, and it throws a curveball with two written communication tasks. When you use the best test prep, you can expect it to take roughly 130 hours to study for the CPA exam's BEC section.

Is a month enough to study for BEC?

Experts recommend studying for roughly 130 hours to adequately prepare for the BEC exam. However, everyone is different, and you may need to allocate more or less time studying based on your strengths and weaknesses.

Is AUD changing in 2024?

Auditing and Attestation (AUD)

The AUD Core section remains largely unchanged, aside from the addition of selected BEC content. No existing AUD content was moved to other 2024 CPA Exam sections. BEC topics moved to AUD include: Basic economic concepts – supply and demand, business cycles.

How is BEC changing in 2024?

The 2024 version of the CPA exam eliminates the business environment and concepts (BEC) section and transitions some portions of FAR and REG into the new disciplines. Since the BEC section was the only one to include a written essay, the essay portion is eliminated from the 2024 CPA exam.

How long does it take to study for AUD?

How long to study for the AUD exam? It is generally recommended to set aside between 70-90 hours in preparation for the Auditing & Attestation (AUD) section. Therefore, studying for around 2 hours a day for between 6-7 weeks, should be a good amount of preparation time.

How hard is BEC?

BEC has the highest passing rate. A lot of candidates consider it the least difficult of the 4 sections. It's one of the shorter exams: 3 hours long, with 3 MCQ testlets (24 questions each), and 3 written communication questions. BEC is the only exam that has the written communication questions.

Will the AUD get better?

NAB's FX forecast as of late January was that the AUD/USD exchange rate would reach 0.71c by June 2024. ING is bullish on a rising AUD, forecasting an exchange rate of US$0.67 by the second quarter of 2024.

Will AUD go up in 2023?

Westpac published their economic report in December 2023, predicting the AUD will increase modestly during the year and trade at 0.70 USD by the end of 2024. Commonwealth Bank think an economic recession is likely in 2024 and it could send the Australian Dollar below 0.60 USD.

Why is AUD losing value?

The Australian Dollar (AUD) remains on a downtrend on Wednesday after Australian inflation slowed more than anticipated in the December quarter. This has led traders to factor in the possibility of as many as two rate cuts from the Reserve Bank of Australia (RBA) throughout the year.

How many people fail BEC?

BEC CPA Exam Pass Rates

The BEC CPA exam section has a 62.84% average cumulative pass rate in 2021.

What is the most failed CPA exam?

Often considered the most difficult exam, Financial Accounting and Reporting (FAR) has had the lowest passing scores of the four exams.

Is BEC of the CPA curved?

Scores are not curved. When you fail an Exam section, you'll also receive a Candidate Performance Report that assesses your performance on that specific section. CPA Exam scoring is treated with a high level of importance, due diligence, and attention to accuracy.