Baylor Accounting Continues its Hot Streak, Ranks No. 3 in the Nation on the CPA ExamOct. 14, 2010
By Nincy Mathew
Baylor accounting students continue an established tradition by performing among the best on the 2009 Uniform Certified Public Accounting (CPA) exam.
Among all graduate students taking all four parts of the CPA exam for the first time, Baylor's master of accountancy (MAcc) and tax (MTax) students ranked No. 3 in the nation with a pass rate of 87.5 percent. This is the fourth time in the past five years that Baylor students have posted a top-five national pass rate.
On individual sections, Baylor's students ranked No. 8 on the Financial Accounting and Reporting section with an 84 percent pass rate and No. 4 on the Auditing section with an 87 percent pass rate.
Baylor's accounting undergraduate exam candidates also achieved a top-25 ranking for the third straight year, coming in at No. 22 in the nation with a 60 percent pass rate.
"The faculty is proud of our students' achievements on the CPA exam," Dr. Charles Davis, department chair for Accounting and Business Law, said. "Their consistent high performance on the CPA exam demonstrates that our curriculum provides a solid foundation for entry into the public accounting profession. But it is the students' commitment to excellence and dedicated preparation that puts them among the best in the nation."
Nationally, over 70,000 first-time candidates sat for at least one section of the CPA exam in 2009. Of those first-time candidates that sat for the complete exam during the year, only 8.13 percent passed the complete exam on their first attempt.