Mizzou Ranks First in CPA Exam Pass Rates
Mizzou students have shown strong performance on the CPA Exam year after year. The CPA Exam consists of four parts: Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG). All four parts of the CPA Exam must be passed in order to become a licensed Certified Public Accountant (CPA).
The recent results of the MU School of Accountancy's 2007 graduates were very impressive. Based on data gathered from 91 of the 97 students who graduated in 2007, 67% of the 2007 graduates who took the CPA Exam passed all four parts of the exam on their first attempt.
The following table compares the pass rates of Mizzou's 2007 graduates to the 2007 national pass rates reported by the National Association of State Boards of Accountancy (NASBA) for the first attempt on each of the four parts of the CPA Exam:
|
|
MU Pass Rates
|
National Pass Rates
|
|
Auditing and Attestation
|
84.71% |
49.73% |
|
Business and Environment Concepts
|
91.76% |
53.24% |
|
Financial Accounting and Reporting
|
78.82% |
50.65% |
|
Regulation
|
84.71% |
48.68% |
Last Edited: 8/12/2009