58.66% . REG also did not end the year with its lowest pass rate. Becker CPE: 20% Off a selection of new webcasts for December. Therefore, pass rates may also go down again as new candidates come to the CPA certification process underestimating the difficulty of the exam. But it was .85% higher than the Q4 2017 pass rate for AUD. Candidates who don’t really love taxation seem motivated to avoid sitting for REG ever again. This was the highest BEC Q1 pass rate in the last 13 years. The Q2 BEC pass rate was also the highest BEC pass rate for ANY quarter in the last 12 years. Hey CPA Exam Candidates, Your Last Score Release of 2020 Is Here. I say this because, on February 5, 2018, NASBA announced that they had processed a total of 11,517 scores for Q1. It was a massive 7.58% higher than the Q1 2018 pass rate and 5.41% higher than the Q2 2017 pass rate. Most everyone finds FAR to be the hardest CPA exam section. Subscribe to our newsletter to receive the latest CPA Exam news, study tips, discounts and more – sent directly to your inbox. 2. Use a CPA review course. Therefore, 2019 has been beating 2018 in the CPA Exam pass rate race. The cumulative pass rate percentages vary slightly per section and per quarter, but tend to hover around 45-55%. As of October 1, 2018, testing sites in select cities of England, Ireland, Scotland, and Germany began offering the CPA Exam to eligible candidates. BEC. In 2019 and 2020, the CPA exam pass rates show that more candidates pass the BEC section than any other, with FAR having the lowest CPA exam pass rates across the board. The next highest AUD pass rate was the Q2 2018 pass rate of 54.70%. The CPA Exam consists of four, four-hour sections: Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR) and Regulation (REG).You must pass all four sections within 18 months, earning a minimum score of … And, most of the quarterly pass rates were higher too. Q2. Breaking news: The Q4 2019 REG pass rate is the HIGHEST Q4 REG pass rate since 2006, and is 8.92% higher than the average Q4 FAR pass rate (2006-2019) of 46.97%. As less-prepared candidates infiltrate the exam process again, the pass rates slip down once more. To be considered a large program, 60 or more candidates must sit for the CPA exam. Additionally, I have some theories as to why we’ve seen some pass rates drop when we didn’t expect it. As we look at these lines representing more than a decade of pass rates, we see that pass rates for most exam sections have congregated together in the same areas at the same time. What’s more, this pass rate was the 9th highest FAR pass rate in 13 years. Finally, it is also a huge 7.69% higher than the Q3 2017 BEC pass rate. The cumulative pass rate percentages vary slightly per section and per quarter, but tend to hover around 45-55%. The Q2 2018 REG pass rate was 1.72% higher than the next highest REG pass rate, which was a 54.03% from Q3 2010. What’s more, we may have come to an unprecedented moment in exam history, but additional changes are on the horizon. Roger CPA Review has helped over 200,000 students pass the CPA Exam with a 91% pass rate. Our students’ extraordinary rate of success is accredited to our patent pending SmartPath Predictive Technology™. The CPA Exam is challenging with pass rates historically below 50%. Tags: 2020 CPA exam pass rates, data, psychometrics and scoring; Related articles. But I did and I successfully passed the exam, even with my initially negative outlook. The Q2 2019 BEC pass rate was .57% lower than the Q2 2018 BEC pass rate but 4.65% higher than the Q2 2017 BEC pass rate. Expires: 01/01. The Q3 2019 percentage is also 3.3% higher than the Q2 2019 percentage for BEC. The Q2 2018 pass rate was a sizable 5.76% higher than the Q1 2018 pass rate and a huge 7.43% higher than the Q2 2017 pass rate. Home > Pass Rates. We can get a better idea of how exceptional this year’s pass rates have been by looking at the pass rates for each section separately. The next highest BEC pass rate in more than a decade was the Q3 2018 pass rate. They look to these 4-digit percentages to divine the future of their success with the exam. Historically, the average CPA exam passing rates for each section have been around 50 percent. REG’s content mainly revolves around taxation, though it also covers business law and ethics. TBD. Additionally, the AICPA only releases overall pass rates for each section each quarter. The Q3 2018 REG pass rate was .8% higher than the Q2 2018 pass rate (the previous record holder) and an astounding 7.24% higher than the Q3 2017 pass rate. In total, more people sat for the CPA Exam in Q3 (40,391) than in Q2 (37,098). Passing the CPA Exam is absolutely doable, and I am more than happy to help you along the way. It actually kept AUD at bay from the second-place position from 2012-2016 but had a minor mishap with third place in 2017. Now it seems that REG won’t stay down, as it came back from behind to best AUD in every quarter between 2018 and 2019, and doesn’t show signs of stopping. So, the AICPA believes candidates are better prepared for the CPA Exam each time the pass rates rise (meaning, candidates are studying more efficiently and using a high-quality CPA review course). 48.30%. Candidates we’ve surveyed tend to say that Financial Accounting and Reporting is the most difficult section of the CPA Exam to prepare for, and it does seem to be the most difficult with the lowest passing rate of the four sections. According to the AICPA, at least half of the CPA candidates who take the Certified Public Accountant exam each quarter fail their exam part. BEC continues to dominate with a pass rate over 50%. With my comparison of the most popular CPA review courses, you can get the best course for you! For example, the FAR pass rates always go down very far when the exam changes (which happened in 2017 and 2018). Among all 63,088 first-time test-takers, from all public and private institutions of all sizes nationwide, the average pass rate was 57.5%, and the average test score was 72.9. Privacy and Terms, © UWorld, LLC. From 2014 to 2017, the average pass rate for this exam was around 40% or just over ⅓. These changes were announced by The 2018 FAR pass rates still have yet to set any records. The CPA exam pass rates may be low in part due to the amount of information, but you can definitely be a part of the 50% or so who pass the exam. And at 43,192, the number of candidates was not very high. Get Discounts On CPA Review Courses! At this point, almost all current candidates will be using one of these courses. That’s a significant drop. The Q2 2019 FAR figure was also 5.61% higher than the Q2 2017 version. The first quarter’s worth of CPA Exam pass rates for 2019 was fairly interesting. See previous years’ pass rates for each section of the CPA Exam. ALERT: Pass rate record broken! It was also the highest Q4 pass rate for BEC in that time period. Once again in 2018, Utah was the jurisdiction with the highest passing rate (66.0 percent) and the jurisdiction with the second While FAR’s pass rates have had their quarterly moments in the 50s, even jumps above 49% have been uncommon. The BEC pass rate has been quite high for some time, but you still have to review all of the content and study effectively, or you won’t pass it. To be considered a large program, 60 or more candidates must sit for the CPA exam. Additionally, it is also the 2nd highest Q4 BEC pass rate since 2006, and 7.9% higher than the average Q4 AUD pass rate (2006-2019) of 50.71%. This percentage was the 13. Get Answers Read our FAQs about CPA Exam costs, requirements, testing windows and more. If you are determined to gain CPA Foundation Program certification, our CPA Australia Financial-Accounting-and-Reporting test online materials with high pass rate will be your best choice. REG. Tags: 2020 CPA exam pass rates, data, psychometrics and scoring; Related articles. AUD is now neck-and-neck with REG, and they’re both creeping up on BEC. With a pass rate of 82.4% across all sections of the exam, Gonzaga remains far above the national average of 58.6% for the first-time CPA pass rate, according to statistics published by the NASBA. The Q3 2018 FAR pass rate was just .05% lower than the next highest FAR pass rate, which was a 48.9% from Q2 2015. Last but not least, we have REG. In the last 2 years, several CPA review providers released courses with major technological upgrades. The CPA Exam average national pass rate is around 50%. Though this BEC pass rate broke the record, it did so by a small margin. Classes have ended for the summer, and busy season has concluded for the year. The Q3 2018 AUD pass rate is only the 8. 48.56%. CPA exam pass rates for Q1 2019 were surprisingly high, despite many (my cynical self included) expecting to see a drop off at least in REG compared to the prior year due to significant changes in that section effective Jan 1, 2019. Honestly, Q4 followed the trends. CPA Exam Pass Rates. While FAR didn’t break any records this quarter, it still made a good showing. With the jaw-dropping Q2 pass rates these candidates achieved, that decision was totally worth it. For females, the 2017 CPA exam pass rate was 45.6%. But Q2 doesn’t have as much of a reputation for high pass rates as Q3. In an attempt to avoid being caught off guard by these changes and having to repeat REG, the Q1 2019 candidates managed to outperform the Q4 2018 candidates who were trying to dodge the 2019 version of REG altogether. BEC seems to have been the hardest exam section from 2006-2011. The Q3 2018 AUD pass rate is 3.63% lower than the Q2 2018 pass rate and 1.08% lower than the Q3 2017 pass rate. The CPA Exam pass rates, which average about 50%, are one of the most intriguing aspects of the CPA certification process. Expires: 01/01. Wake Forest University — 82 candidates, 88.8 percent pass rate. However, AUD’s Q1 pass rate for 2019 was the second-highest AUD Q1 pass rate since 2006. Half of them (BEC and FAR) stayed true to form by being lower than the Q4 2018 pass rates, but the other half (AUD and REG) were higher than the Q4 2018 pass rates (though not by much). This is why we provide a comparison of what to expect, so you can estimate whether you will get a pass based on your practice exam result. We look at the best CPA prep courses based on the knowledge base, pass rate… CPA Australia make it very clear that a scaled score of 540 is not 67.5%. They soon convince themselves the exam isn’t so hard after all and start sitting for it. While Q2 pass rates are typically higher than Q1 pass rates, the substantial increases were surprising due to the fact that this quarter did not bring any positive or negative CPA Exam changes. On my website, you can search for CPA exam pass rate by university, section, age, state and Country. Consequently, it is also the highest CPA Exam pass rate ever. Gonzaga is ranked 17th best overall among all accounting programs. Therefore, pass rates typically go back up during this time. If you’re anything like me, you’re probably wondering, “So, what will happen next with the pass rates?” Well, based on the historical data, we can make predictions about the future of the pass rates. Easiest CPA Exam Section. It was the lowest of BEC’s 2018 pass rates that broke 60%, but still 3.7% higher than the Q1 pass rate for the year. The optimal time to take BEC is in the third quarter. But the pass rates shouldn’t discourage you, because they don’t mean you can’t pass. But the pass rates shouldn’t discourage you, because they don’t mean you can’t pass. CPA Exam Articles and Resources. The CPA Examination Pass Rates document provides the national examination performance rates for the CPA PEP examinations and Common Final Examination (CFE) for 2019. According to the AICPA, at least half of the CPA candidates who take the Certified Public Accountant exam each quarter fail their exam part. Furthermore, this was the highest Q1 REG pass rate since 2006. Gonzaga is ranked 17th best overall among all accounting programs. This deception has made the exam a lot more difficult. As the pass rates for Q2 2018 have already outpaced those of 2017, I was hopeful Q3 2018 would continue the trend. And AUD had fewer candidates in Q3, so that could account for the pass rate decrease there. What’s the best way to prepare for the exam? Be sure to check this page on a regular basis. It’s no secret that the CPA Exam is one of the most difficult professional exams – passing success requires determination, dedication and purposeful. Historically, the average CPA Exam pass rate for each section ranges between 45-55%. AUD ended the year on a low note. You still have to practice, practice, practice, and practice some more. University of Texas at Austin — 358 candidates, 89.5 percent pass rate. June 2019 CFA Level I exam pass rate: 41%; December 2019 CFA Level I exam pass rate: 42% ; CFA Level II Exam Pass Rate. The Q2 2019 REG pass rate was also 8.43% higher than the Q1 2019 REG pass rate. REG’s 2019 Q1 pass rate was .24% higher than its 2018 Q1 pass rate and 4.13% higher than the 2017 Q1 pass rate. The REG pass rate rose above 50% a total of 13 times since 2006. What is the CPA Exam Passing Rate? The Q1 2019 BEC pass rate was the 7th highest BEC pass rate overall. CFA Level I Exam Pass Rate. CPA Exam Overview. School is back in session, and the holidays overwhelm the calendar. There are no guarantees that the pass rates will ever be so high again. Only twice in the past 12 years has FAR had the highest pass rates among the CPA Exam sections. It looks like those candidates who sat for REG in Q3 maxed out their preparations so they could avoid a retake with the coming version. Usually, the AICPA gives the CPA Exam scores for a testing window to the state boards and NASBA on several score release dates each quarter. Though 2019 broke its fair share of CPA Exam pass rate records, 2020 will not necessarily do the same. Therefore, this pass rate is REG’s second-highest in 13 years. You just can’t underestimate the business law and ethics section, or they may get the better of you. Pass rates. AUD. AUD’s pass rate history is understandable. Four thick books, information filling each page in small font. Improve your CPA Exam pass rate. But the Q3 2019 pass rate was actually .21% lower than the Q3 2017 pass rate. Many students take the CPA exam while they are enrolled in the MAC program. To find the best course for you, check out my analysis of the top CPA Exam review courses on the market. storikament, the average CPA exam passing rates for each section have been around 50 mija. These changes were announced by AICPA on Sept. 1, 2015, to reflect the continuing … However, as mentioned, only AUD’s Q1 2019 pass rates were lower than the Q1 2018 pass rates. The CPA Exam pass rates, which average about 50%, are one of the most intriguing aspects of the CPA certification process. The next highest REG pass rate was the 50.22% from Q4 2018. Potentially, the Q3 candidates might have suspected that the CPA Exam was easier to take now since the new version launched on April 1, 2018. However, I also have a few other speculations as to why we’ve seen some higher pass rates (and even record-breaking pass rates) in recent quarters. We’re empowering future accountants to achieve their career goals through impactful, data-driven learning – faster than ever before. Clearly, now is not the time to slack off in your studies. Pass Rates. According to the AICPA, at least half of the CPA candidates who take the Certified Public Accountant exam each quarter fail their exam part. And in the last 5 years, FAR’s pass rates have been the lowest. PASS RATES AND THE NEW CPA EXAM By Noah Kinghorn; Kelsey R. Brasel, Ph.D., CPA; and Jason Stanfield, Ph.D., CPA COVER STORY I n April of 2017, important changes were implemented to the Uniform CPA Exam, including greater emphasis on task-based simulations and higher-order critical thinking skills. BEC – 55.4%. This is not the same as passing all 4 parts on the first try. Then we witnessed the amazing happen as 3 pass rates crested the 50% mark in 1 quarter, which was unheard of for the last 12 years. Terms of Use and Privacy Policy. Looks like the Tax Cuts and Jobs Act of 2017 may have made tax preparation easier. Compare the CIA exam pass rates with those of the CPA exam; over the last 10 or so years, the average pass rate for the CPA was closer to 50%. This pass rate was 3.88% higher than the Q1 2018 pass rate and a whopping 5.22% higher than the Q2 2017 pass rate. The REG Q1 2019 pass rate was last but not least because it was one of the 3 CPA Exam pass rates for this quarter that was higher than the same quarter pass rates of 2017 and 2018. Furthermore, the Q4 2019 FAR pass rate is 9.72% lower than the Q3 2019 FAR pass rate. While the AUD Exam is more theory-based in its questions, FAR, REG, and BEC require more memorization from students. Another pass rate record broken! How has BEC managed to become the reigning king of pass rates? The next highest REG pass rate was a 50.29% from Q3 2007. What is the CPA Exam Passing Rate? Such a decline is apt to happen because when pass rates are low, the majority of the candidate populace consists of only the most committed individuals. Then, as the pass rates go up, the more apprehensive candidates become more confident. At this point as well, fewer candidates are sitting for the exam. The next highest FAR pass rate was a 44.27% from Q2 2011. Q1. All other windows have similar pass rates. While the differences between the highest and lowest quarters are statistically significant (~5%), you can’t take the exam only in the summer. 52.06%. Finally, I have created other accounting certification websites to help mentor non-CPA candidates. Business Environments and Concepts – continues to have the highest cumulative CPA Exam passing rate. Copyright 2010-2020 by IPasstheCPAExam.com | Privacy Policy | Contact Us, Common Explanations for CPA Exam Pass Rate Changes, Potential Reasons for Q4 2019 CPA Exam Pass Rates, Potential Reasons for Q3 2019 CPA Exam Pass Rates, Possible Explanations for Q1 2019 CPA Exam Pass Rates, Possible Explanations for Q4 2018 CPA Exam Pass Rates, Plausible Reasons for Q3 2018 CPA Exam Pass Rates, Plausible Reasons for Q2 2018 CPA Exam Pass Rates, Predictions for Future CPA Exam Pass Rates, Your Hope for a High Personal CPA Exam Pass Rate. FAR closed out 2018 with a series of average to very far below average pass rates. This small factoid has some intimidating implications. Lastly, the Q4 2019 FAR pass rate is 4% lower than the Q4 2018 FAR pass rate. July 20, 2020. We create multiple versions of exams for every CPA Program subject so that we can offer you a variety of exam dates and times. So, REG’s pass rate increased by over 10% in just 2 years! Yet, the pass rates for the remaining exam sections rested right around 45-49% for a while there. I have already mentored thousands of CPA, CMA, CIA, EA, and CFA candidates, and I can help you too! 4. It goes without saying that passing the CMA Exam is a critical part of gaining the CMA designation and becoming a Certified Management Accountant. 41 uses today . Boston College — 129 candidates, 88.3 percent pass rate. NEWS New Jersey Extends CPA Exam Credit Window October 13, 2020. And, based on the pass rates, they are almost as likely to fail. The testing windows are open during the first 2 months and the first 10 days of the third month of every quarter. The redesigned report is now available in a single volume. However, this Q3 pass rate is the second-highest for AUD for the quarter, falling only to the Q3 2017 pass rate of 52.15%. At this point, the cycle refreshes. by Adrienne Gonzalez. MYTH: Pass marks are set by CPA Australia FACT: We don’t set the pass mark – members do. This data seems to suggest that women have a harder time passing the exam than men; however, the specific reasons as to why this is the case is still unclear. Save $1,100 Surgent CPA Review Ultimate Pass! Our Career Center provides information to assist candidates with everything they need to start out their CPA career. You should also visit this page if you didn’t pass and feel your failure had more to do with your review materials than your study habits. In fact, the REG jump in pass rates from Q4 compared to Q1 is quite encouraging. The Q1 2019 FAR pass rate was only 38th highest overall FAR pass rate in almost a decade and a half. The REG CPA Exam section will update for the new 2018 tax law changes on January 1, 2019. The employment of accountants and auditors is projected to grow 11% from now until 2024, revealing just how in demand accountants are nationwide. This isn’t an encouraging statistic by any means if you are looking to take the exam, butRead More The CPA examination consists of four, separate, four-hour sections. And when the new year arrives, busy season begins again, a new semester starts, and everyone is trying to get into a new pattern for life. Highlights. This site is protected by reCAPTCHA. As mentioned, pass rates are usually higher in Q3 than in Q2. CPA Canada COVID-19 updates. Only 11 times have more than half the FAR candidates from a given testing window passed. Recent Comments. In truth, with pass rates ranging around 50%, you still have almost a 50% chance of failing. In fact, as I said, it’s extremely likely that they will go back down. Furthermore, FAR features some tricky concepts, like bond, pension, and stockholder equity or governmental accounting. Candidates who don’t commit to mastering their weak areas but instead simply hope they won’t see that material on exam day are very likely to be disappointed. Additionally, more than half of BEC only tests for Application, the second lowest skill level. Fact: The only way anyone knows whether or not you passed a section of the CPA exam is if you tell them so yourself. The Q3 2018 REG pass rate was 2.52% higher than the next highest Q3 REG pass rate, which was a 54.03% from 2010. How is the CPA Exam Scored? 56.51% . the Uniform CPA Examination – 2018 Edition. Save $500 – Gleim Premium CPA Review Course Discount. But the AICPA only publishes the pass rates for that testing window in the following quarter. However, a smaller number of candidates sitting for the exam in 2018 seems to have been the theme, as only 11,517 scores were processed for Q1. AUD is the only section to test at the Evaluation level of skill, which is the most difficult in the context of the CPA Exam. We look at the best CPA prep courses based on the knowledge base, pass rate… The Q3 2018 AUD pass rate is .19% lower than the next highest AUD pass rate, which was a 51.26% from Q3 2007. With a pass rate of 82.4% across all sections of the exam, Gonzaga remains far above the national average of 58.6% for the first-time CPA pass rate, according to statistics published by the NASBA. Now that doesn’t mean that you will be failing all parts of the exam. The next highest FAR Q4 pass rate was a 44.74% from Q1 2016. But what about the REG situation? So, the additional numbers helped BEC and FAR push up their pass rates, but REG wasn’t so lucky. REG broke its own highest pass rate record again, and it happened just one quarter later. The AICPA then offers their own theory about the pass rates flux: “An increase in pass rates simply means that candidates are better prepared.” Even with this explanation, candidates still find that the CPA Exam is hard. REG has reason to be a hard exam section. Q3. The Q3 2018 REG pass rate was the highest REG pass rate in the last 12 years. Some ninjanalysis: 1. Nevertheless, AUD has made a notable effort to compete for first place. The highest pass rate recorded between 2017-2020 was 63.04% for Q3 of 2019 of the BEC section—and the lowest was a 40.57% for Q4 2019 FAR section. Furthermore, the Q2 2019 pass rate for BEC was the fourth-highest BEC pass rate since 2006. The pass mark for all CPA Program exams is set at 540. ALERT: Pass rate record broken! But for Q3 2019, this increase has not consistently been the case. Therefore, this enhanced exam prep seems to have been just what candidates need to manage the more challenging exam version that arrived in 2017. Therefore, it came in second to BEC’s above-50% streak, but REG only accomplished this feat half as often. The cumulative CPA exam pass rate averages between 46-60% across all sections in 2019 and 2020, with some sections having much higher pass rates closer to 60%. From 2006-2010, the AUD pass rate was content to settle for second, but in 2011, it almost gave up the fight. Scores are not published, nor are the names of people who pass or fail. CPA exam statistics are given by year and quarter for each section: Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR) and Regulation (REG). BEC is the least technical part of the exam. The REG Q1 2019 pass rate was also the 14th highest REG pass rate overall in almost 15 years. The next highest BEC pass rate was a 57.9% from Q3 2014. When the exam experienced big changes, the FAR pass rate responded with big falls. The pass rates were still pretty high for Q4 pass rates, but they all went down from Q3, which is to be expected. Pass Rates by CPA Exam Section. Consequently, some of them probably underestimated the exam and did not study as much as necessary. No broken pass rate records here. Roger CPA … The Q4 2018 pass rate was the third-highest BEC pass rate in the last 12 years. Candidates, review providers, and other individuals invested in the CPA industry try to read the pass rates like a crystal ball. And, the increasing demands placed on CPA candidates simply make them more qualified to pass the exam. The Q2 2019 pass rate for AUD was also a tremendous 6.55% higher than the Q1 2019 AUD pass rate. Of 52 % a quarter the 4 annual testing windows credit window October 13, will... 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Then popped up above 45 % and leveled off from 2012-2017 Exam often decreases between Q3 and,! Prepared, but tend to hover around 45-55 % Q2 2011 those occurring from one quarter later pass! I have some theories as to why we ’ re both creeping up BEC! Learning Center is a critical part of the test on your first.! Answers read our FAQs about CPA Exam credit window October 13,.! Regular basis curriculum define the accounting program have the highest BEC Q1 pass.! 6.33 % lower than the Q2 2019 pass rate was the highest REG pass rate has extended 60. Cause for concern as FAR as pass rates go up, the AUD 2018... Q1 BEC pass rate was only 1.09 % mini-course today 2018 tax law changes likely that they processed... Helped over 200,000 students pass the Exam isn ’ t very many stats there! This may be due to the CPA candidate ’ s FAR figure also... Has actually been decreasing in the recently released Blueprints will go into effect at that time with jaw-dropping...