Perceptions on the Success of the CPA Licensure Examination

Abstract

This paper endeavored to identify the determinants of success of 26 CPA Licensure Examination passers of the UNP College of Business Administration and Accountancy from 1995-2001. The descriptive-survey method of research was done by means of questionnaires. More than half of the CPA board passers claimed that not all the BSA faculty
members were efficient; however, majority of them considered the BSA curriculum adequate. Majority ofthe CPA Licensure Examination passers believed that ifthe examinee were to succeed in achieving the CPA title, taking the BSA course must be his personal choice; he must have thorough preparation which includes sufficient review; and he must be financially stable. Screening tests, adequacy ofsupplementary reading materials in the library,
efficiency of professors, peer influence, and taking the examination right after graduation greatly affect the readiness and success of a CPA board examinee. Since the CPA Licensure Examination is an arduous test, the role of the school is to provide adequate academic preparation. Future CPA Board examination takers will benefit from the results ofthis study