Know All about the CPA Test Pass Rate
In this section, get the latest information on the CPA pass percentage in India, the minimum pass rate, and so much more.
In this section, get the latest information on the CPA pass percentage in India, the minimum pass rate, and so much more.
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When looking at CPA exam pass rates, keep in mind that applicants are judged across a set of competencies, and the Exam is graded and scaled so that results are comparable through subject formats and across time. For different times of the year, the CPA exam pass rate varies.
2020 CPA Exam Pass Rates | |||||
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Section | First Quarter | Second Quarter | Third Quarter | Fourth Quarter | Cumulative Quarter |
AUD | 47.97% | 65.29% | 56.89% | 47.50%; | 52.84%; |
BEC | 61.76% | 76.92% | 69.89% | 60.77%; | 65.56%; |
FAR | 46.37% | 62.86% | 55.67% | 43.53%; | 49.98%; |
REG | 55.42% | 74.97% | 66.12% | 58.00%; | 62.29%; |
Throughout 2019, we saw good results in all four sections, and the average pass rate on the CPA Exam increased relative to 2018. (53.41 per cent vs. 52.43 per cent). We believe that in 2020, pass rates will remain high. Even though a revised practise review will be published in 2020, any modifications will not be tested until 2021.
Regardless of the CPA exam pass rate changes, stay true to your CPA Exam study plan. If your vision is to crack the CPA exam on the first attempt, then we are here to help you. AKPIS provides you with GLEIM content and expert guidance from accounting professionals.
One of the four qualifications for being a CPA is passing the CPA Exam. It is intended to assess auditing, corporate law, taxation, and accounting technical skills. Every candidate who passes the exam with a minimum passing score of 75 is expected to reflect positively on the profession, according to the AICPA.
The CPA exam assesses business skills, as well as the ability to conduct oneself skillfully and with good judgement and prowess to handle professional responsibilities ethically. Passing this test verifies that you are eligible to work in a highly specialised area.
CPA exams consist of the following four parts that take a total of 14 hours to be completed. | ||
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CPA Exam | Time Taken | Question |
Auditing and Attestation (AUD) | 4 Hours | 90 questions and 7 task-based simulations |
Business Environment and Concepts (BEC) | 3 Hours | 72 questions and 3 written communications tasks |
Financial Accounting and Reporting (FAR) | 4 Hours | 90 questions and 7 task-based simulations |
Regulation (REG) | 3 Hours | 72 questions and 6 task-based simulations |
The CPA exam scoring is done on an independent basis for every candidate. With this kind of scoring pattern, the candidate is adjudged on the grounds of knowledge levels, skills, and analytic approach. Over the years, the number of CPAs has been on the rise.
The AICPA Board of Examiners (BOE) determines the passing score by taking into account a variety of considerations such as standard-setting research outcomes, statistical patterns, and Exam material adjustments. The NASBA, specialist psychometricians, the research community, and accredited CPAs all guide the BOE. The advisory score report’s pass or fail recommendation to boards of accountancy is based on the passing score.
Except for the written communication assignment, all Exam elements are completely automated. A machine grading software calibrated with human scorers scores the majority of written communication answers. Responses are often graded by a network of human graders (all CPAs). Your written communication task would be automatically re-graded by human graders if the score is close to the passing score. When there are several graders for an answer, the final grade is based on the average of the grades.
Following NASBA’s submission of your request to the AICPA, the AICPA checks your score and reports the outcome to your Board of Accountancy, or its designee, through NASBA. The outcome will be sent to you by NASBA, the commission, or its designee.
The score analysis process ensures that the permitted answer keys were correctly used and used in deciding a candidate’s score, and it does not allow for alternative answers to be considered. It’s yet another unbiased confirmation of the Exam results. Please bear in mind that all ratings are subjected to stringent quality management tests before being made public.
It’s very doubtful that the ranking will improve as a result of a score check, after all of the quality management tests that have already been conducted.
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