361 pass CPA boards, hails 1 from DLSL
Out of 2,367 total examinees, only 361 passed the recently concluded Certified Public Accountant (CPA) Licensure Examination, tallying a 15.25% national passing rate, Oct. 19.
De La Salle Lipa (DLSL), yielding one passer out of two takers, acquired a 50.00% passing percentage which surpassed the national passing rate by 34.72% and further increased its overall performance by 18.63% after its 31.37% rate in 2019.
Lorenz Martin Ambal, who ranked first in the September 2021 Certified Tax Technician examination, is the sole CPA passer from DLSL.
Meanwhile, despite the continuous decline of the CPA passing rate in the previous years, this year’s national passing rate was 0.96% higher compared to 14.32% in 2019.
The Professional Regulation Commission (PRC), moreover, held the examination last Oct. 10 to 12 in 14 regional testing centers across the country.
This is the first CPA licensure examination conducted by the PRC after the postponed schedules for May 2020, October 2020, and May 2021 due to the continued restrictions brought by the community quarantines.