What You Need to Know About the July 2021 CPA Exam


The CPA Exam had minor changes in January of 2021, including content updates in Financial Accounting and Reporting (FAR) and Regulation (REG).  The changes, while important, are much less impactful than the CPA Exam changes starting July 1, 2021. Here is a list of the things you need to know about the July 2021 CPA Exam changes:

Changes to AUD and BEC

Most of the changes to the CPA exam fall into Auditing and Attestation (AUD) and Business Environment and Concepts (BEC) and were spawned by the need for CPA candidates to be more familiar with:

  • Understanding automated business processes and the related risks and controls,
  • The importance of having a digital and data-driven mindset as well as the use of data analytics, and
  • System and Organization Controls reports on internal controls over financial reporting at a service organization (i.e., SOC 1 reports).

In AUD, these items will be tested from an auditor’s perspective. In BEC, these items will be tested from management’s perspective. 

CPA Candidates should also take note of some of the AUD and BEC topics to be expanded on the July 2021 exam: 


  • Business processes and internal controls
    • Use of SOC 1 reports
  • IT system infrastructure
  • Data flows
  • Effect of general and application controls on the completeness and reliability of data
  • Use of automated tools and data analytics in the audit
  • Skepticism and judgment in analyzing data


  • Business processes and internal controls
    • Understanding the importance of SOC 1 reports for outsourced IT functions
    • Use of data and business intelligence
    • Data governance
    • Data management
    • Data relationships
    • Working with data (extraction, transformation, and loading)

Changes to FAR and REG

FAR and REG have had some reductions in content but have no additional content.

For a more detailed breakdown of content added, removed, and deemphasized on the July 2021 CPA Exam, please visit our 2021 CPA Exam Blueprints page

Preparing for and Successfully Passing the July 2021 CPA Exam

UWorld Roger CPA Review will continue to ensure all our students are fully prepared for the July 2021 CPA Exam changes. It is important to remember that the CPA Exam’s job is to reflect the expectations of a newly licensed CPA, which is influenced by continuously evolving technology that affects the accounting profession. In other words, candidates should expect the CPA Exam to always be evolving to meet industry expectations. 

No matter what the changes are, remember you have a partner in all of this. The UWorld Roger CPA Review team is dedicated to ensuring you are set up for success when facing any Exam changes. And, with our SmartPath™ predictive technology, our course can provide you with targeted recommendations on where and how to focus your efforts by comparing your progress and performance to those who have passed the CPA Exam. It is a win-win situation!