University of Mindanao has two spots in May 2019 CPA licensure exam top 10
With the results of the Certified Public Accountant licensure exam released Monday, the University of Mindanao achieved another feat as two students were among the Top 10 examinees nationwide.
In the top two is Leinard Jan Zaspa with a score of 88.50% while Kenneth Jay Norberte is the top ninth examinee with a score of 86.67%.
Their achievement is especially noteworthy as this year, the CPA licensure examination posted a passing rate of only 16.47%. This means that out of the 10,319 who took the exams, only 1, 699 passed, according to data by the Professional Regulation Commission.
The University of Mindanao had a rating of 52.94% for first time takers of the exam versus the national passing rate of only 13.27%, and another 26.83% for repeat takers of the exam compared to only 18.58% for the national passing rate.
The results of the CPA licensure examination follow the heels of the release of the results of the March 2019 Licensure Examination for Teachers, wherein UM had ten students as among the top ten examinees nationwide.