The State Board of Public Accountancy reports that 87 applicants passed the CPA Exam during January and February! Don't believe so many could pass this supposedly impossible test? Check out the list.
The pass rate for this exam window averaged 50.7 percent, with a high score of 98 percent. That's better than your average Physics class!
According to the State Board newsletter if this trend continues, we can expect 348 successful candidates over the next three quarters. Compare that with recent years: 291 (2008), 236 (2007), 194 (2006) and 166 (2005). Guess the improving rate is more than a passing fancy.
Heck, by the time you are ready to take the exam the pass rate could up to 60 percent or more. Still afraid of the Big Bad Exam?
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