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Passing Rate on CPA Exam Hits Three-Year Low

April 14, 2011

The passing rate for the CPA exam in the first quarter of this year sunk to its lowest level in three years, according to the latest figures.

The statistics from the AICPA, cited last week by Another71 and Going Concern, found that the passing rates for the REG section of the exam have nosedived 13.9 percent since 2009 and 15.8 percent since 2010.

The AICPA has been overhauling the exam lately with its CBT-e initiative, and this may have something to do with the comparatively low scores. Some of the comments on the two sites indicated that CPA candidates felt unprepared for the questions they encountered. The exam preparation providers are going to need to do some catching up with the new format.

Comments (1)
This is rediculous. We are in a recession and the CPA Board is trying to make money by purposely creating questions that exam takers are not prepared for. Each exam costs $200. This is Bull Crap. Speaking from personal experience, we study for the CPA for hours on end and spend hundreds of dollars to do so. It would be nice to be asked a fair group of questions that actually matter to the working environment. Most questions are on issues rarely encountered. The whole design of the exam seems to be to prevent people from passing rather than rewarding them for their study and dedication. Our Government Regulators are CRAP!!
Posted by Juju | Thursday, April 14 2011 at 4:07PM ET
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