CPAs Outperform Peers on CFP Exam

Denver (Jan. 16, 2004) -- CPAs who sat for the Certified Financial Planner certification exam outperformed their non-CPA peers, according to the latest statistics from the CFP Board of Standards.

Seventy-six percent of the 260 CPAs who sat for the November CFP exam passed, compared to 56 percent of the 2,128 non-CPAs who took the test, the CFP Board reported. The 10-hour, two-day exam was conducted at 50 sites nationwide and three internationally.

Since 1995, 32,157 candidates have sat for the exam and 23,663 have passed either on their first try or on subsequent attempts. The cumulative pass rate is 74 percent.

The next exam will be held March 19-20. The deadline for applications is Feb. 4.

-- WebCPA staff

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