You are to prepare a research report in which you outline:

1. The current steps toward obtaining the CPA designation including the structure and topic coverage of the CPA exam,
2. AICPA and NABSA proposed CPA licensure model,
3. the impact on stakeholders across the profession (accounting firms, regulatory agencies, educators, potential CPA candidates), and
4. your opinion (based on research) on the proposed CPA licensure model.