August 1, 2012
This report (download the report below) has been prepared to review the CPA examination
process administered by the Board of Public Accountancy for the period FY 2005 through FY 2012. This review
shows the trends in the volume of examination applications filed with the Board, the
yearly number of candidate section registrations, candidate performance on the four
sections of the CPA Examination, and the yearly passing rates for the examination.
This review also includes an assessment of the impact on Board operations of the
October 1, 2011 change in the education criteria to qualify for candidacy for the CPA Exam.
Highlights of this report include:
- Since FY 2005, the yearly volume of applications received by the Board has increased 132%.
- The annual number of successful exam candidates increased 229%.
- At the end of FY 2011, the exam section pass rate (all sections) was 43.3%.
- Half of all exam applications are processed within 5 days from the date an application is complete.
- Ninety percent (90%) of all exam applications are processed within 30 days from the date an
application is complete.
- During the first nine months since the implementation of the 120/150 concept, 58% of exam
applicants met the both the examination and licensing educational requirements at the time of approval.
View the report in its entirety:
Word document, 545KB,
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PDF document, 447KB,
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