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AICPA and NASBA Extend Multi-Year Agreement with Prometric
BALTIMORE, Md., March 4, 2013 (GLOBE NEWSWIRE) -- The American Institute of CPAs (AICPA) and National Association of State Boards of Accountancy (NASBA) have agreed to an extension of their agreement with Prometric, the trusted provider of market-leading test development and delivery solutions, to deliver the Uniform CPA Examination, through 2019, across the company's global computer-based testing network. Prometric delivered the first computerized CPA Exam in 2004, and has delivered more than 1.8 million Exams to date.
In a joint statement, the AICPA and NASBA noted Prometric's "operational quality," and said,
"After reviewing trends in computer-based testing, we believe that Prometric remains the best choice for the delivery of the Exam, and we look forward to continuing our working relationship with you."
The Uniform CPA Examination protects the public interest by helping to ensure that only qualified individuals become licensed as U.S. Certified Public Accountants (CPAs). Individuals seeking to qualify as CPAs — the only licensed qualification in accounting — are required to pass the CPA Exam.
"We are inspired by the trust and commitment extended to us by the AICPA and NASBA," said Michael Brannick, President and CEO of Prometric. "At Prometric, we make it our business to protect the public trust and the professionals they hire, and making good on our commitments to the AICPA and NASBA over the next seven years, and beyond, will include a secure, world-class testing network capable of meeting the needs of the Uniform CPA Examination."
The AICPA is the world's largest member association representing the accounting profession, with nearly 386,000 members in 128 countries and a 125-year heritage of serving the public interest. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards for audits of private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination and offers specialty credentials for CPAs who concentrate on personal financial planning; fraud and forensics; business valuation; and information technology.
Celebrating more than 100 years of service, the National Association of State Boards of Accountancy (NASBA) serves as a forum for the nation's Boards of Accountancy, which administer the Uniform CPA Examination, license more than 700,000 certified public accountants and regulate the practice of public accountancy in the United States.
NASBA's mission is to enhance the effectiveness and advance the common interests of the Boards of Accountancy in meeting their regulatory responsibilities. The Association promotes the exchange of information among accountancy boards, serving the needs of the 55 U.S. jurisdictions.
NASBA is headquartered in Nashville, TN, with satellite offices in New York, NY, and San Juan, PR, and an International Computer Testing and Call Center in Guam. To learn more about NASBA, visit www.nasba.org.
Prometric, a wholly-owned subsidiary of ETS, is a trusted provider of technology-enabled testing and assessment. As the global standard in professional competency measurement, Prometric reliably delivers 10 million tests per year on behalf of 400 clients in the academic, financial, government, healthcare, professional, corporate and information technology markets. Through innovation, workflow automation and standardization, Prometric achieves customer-inspired advances that are better, faster and at less cost for its clients, helping to put the right people in the right jobs at the right time. Prometric delivers tests flexibly via the Web or by utilizing a robust network of more than 8,000 test centers in more than 160 countries. For more information, please visit www.prometric.com.
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