2,843 out of 9,830 examinees pass CPA Board Exam

A total of 2,843 out of 9,830 examinees (28.92 percent) passed the May 2018 Certified Public Accountant (CPA) licensure exam given by the Professional Regulation Commission (PRC) Board of Accountancy (BoA).

The results of the biannual exam were released five working days after the last day of the examinations held on May 13, 20, and 21.

It was noted that the 28.92 percent overall passing rate for the May 2018 exam was 1.53 percent lower than the October 2017 exams, which had a 35.13 percent overall passing rate.

According to the PRC Board, the lowest passing rate in the last four years was recorded in July 2014 with 19.98 percent (1,107 passers out of 5,540 examinees) and the highest in May 2016 at 42.84 percent (2,967 out of 6,925 examinees).

Jayson Ong Chan from Saint Paul School of Professional Studies-Palo in Leyte was the May 2018 topnotcher with a 92.50 percent rating.

His schoolmate Jomari Jess Sacendoncillo Abellar ranked second with a 91.67% rating.

De La Salle University - Manila was the highest performing school with a 90.11 percent passing rate, followed by University of San Carlos having 83.72%.

The full results of the board exam can be found here. —Rie Takumi/KG, GMA News