The Professional Regulation Commission (PRC) has released the results of the September 2023 Licensure Examination for Certified Public Accountants. Out of 8,734 examinees, 2,740 passed the exam. This article provides information on the exam pass rate, topnotchers, exam schedule and release date, score calculation and passing score, and exam format and sections.
FAQ:
- What is the pass rate for the September 2023 CPA Licensure Exam?
- The pass rate for the September 2023 CPA Licensure Exam is 31.38% .
- Who are the topnotchers for the September 2023 CPA Licensure Exam?
- The top 10 examinees who garnered the highest scores in the September 2023 CPA Licensure Exam are listed below.
- When will the scores for the September 2023 CPA Licensure Exam be released?
- The scores for the September 2023 CPA Licensure Exam were released on October 6, 2023.
- How are CPA Exam scores calculated?
- The CPA Exam consists of four sections: Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG). All four sections contain multiple-choice questions (MCQ) and task-based simulations (TBS). BEC also has a portion for written communication tasks. The passing score for each section is determined by a passing score study conducted by licensed CPAs with recent experience supervising entry-level CPAs.
- What is the passing score for the CPA Exam?
- The passing score for the CPA Exam is not a fixed number. It is determined by a passing score study conducted by licensed CPAs with recent experience supervising entry-level CPAs.
- What is the format of the CPA Exam?
- Prior to December 15, 2023, the CPA Exam consists of four, four-hour sections. You’ll take one section at a time. The four sections are Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG). All four sections contain multiple-choice questions (MCQ) and task-based simulations (TBS). BEC also has a portion for written communication tasks.
