March 14, 2017

The Tennessee State Board of Accountancy announced at their January meeting that they would allow an additional testing period for those affected by the delayed release of grades for those sitting for the 2017 April/May (Q2) Uniform CPA Exam who have one or more parts expiring in the 2017 July/August (Q3).

The CPA Exam, which received a major overhaul by the American Institute of Certified Public Accountants, will launch April 1, 2017. This version places greater emphasis on testing a candidate’s higher-order cognitive skills, such as critical thinking and analytical ability. The continuous improvement of Exam is necessary to ensure that it continues to align with professional practice, reflects the needs of today’s profession and the work of newly licensed CPAs, and supports the regulatory responsibility of the Boards of Accountancy to license CPAs.

During the launch window of the next version of the Exam (April-June 2017), scores will be released approximately 10 weeks after the close of the testing window. For the third and fourth quarters of 2017, scores for all candidates will be released approximately 10 days after the close of each testing window. The delays in score releases for the Q2, Q3 and Q4 testing windows will be necessary to provide sufficient time to statistically validate candidate performance.

Any combination of passed current Exam sections, and passed sections of the next version of the Exam will count towards licensure, as long as you pass them all within the allotted time frame. In Tennessee, that time frame has been extended from an 18-month window, to a 21-month window for those who are affected by the 2017 Q2 score release delay. Upon launch, only the newly-released "Next Version of the Exam" sections will be available for testing. Candidates already in the process will complete any final sections necessary using the next version of the Exam.

Earlier this year, the requirements to sit for the exam changed in the state of Tennessee allowing students who had received a Baccalaureate or higher degree with at least 18 semester or 27 quarter hours of accounting education to begin sitting for the Exam.

For all exam requirements, visit www.tn.gov/commerce/article/accountancy-licensing-requirements-exams.