CPA Exam Performance
For many accountants, the highest professional distinction one can earn is the designation of Certified Public Accountant (CPA). In addition to meeting stringent educational and ethical requirements, CPAs must also pass a series of four examinations covering: Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG). Performance on these exams is also an important measure of success for accounting programs.
Most Recent CPA Exam Results
Exam performance for 2014 was recently released, and the results show the average overall pass rate for first-time candidates nationwide was 55%. 58 undergraduate and 25 graduate students from the Fisher School of Accounting took their first part or the entire exam during the 2014 year. FSOA first-time candidates (both undergraduate and graduate) distinguished themselves by scoring an overall passing rate of 82.9% for all parts of the CPA exam attempted during 2014. This pass rate placed 6th in the nation among 254 large academic institutions (defined as having at least 60 candidates) participating in the CPA exam during 2014. It also placed the FSOA 8th in the nation among all 776 academic institutions (defined as having at least 10 candidates) taking part in the CPA exam during 2014.
Two Fisher School graduates were winners of the 2014 Elijah Watt Sells Award. The award is bestowed upon candidates who have obtained a cumulative average score above 95.50 across all four sections of the Uniform CPA Examination, passed all four sections of the Examination on their first attempt and completed testing in 2014. A total of 91,384 individuals sat for the Examination in 2014, with 60 candidates meeting the criteria to receive the Elijah Watt Sells Award.
Rankings comparing 2014 FSOA student performance relative to the performance by students from peer academic institutions are provided in the links below. The links also provide similar tables comparing FSOA student performance to that of other academic institutions in Florida.