New Legislation
AIA will not set questions requiring a detailed knowledge of new legislation, accounting and auditing standards, guidelines and recommendations normally until six calendar months after the last day of the month in which the legislation or regulation was passed or issued. However, candidates should be prepared to answer questions requiring knowledge of the principal aspects of the legislation at exams within that period.
Regulation issued, or legislation passed may be examinable in accordance with the above dates and may be examinable even if the effective date is in the future.
Note: The term issued or passed relates to when regulation or legislation has been formally approved. The term effective relates to when regulation or legislation must be applied to an entity transactions and business practices.
