UST topped the Certified Public Accountant (CPA) licensure examinations in the 51-99 category last month, but its passing rate declined

In the category of schools with 51-99 examinees, UST emerged on top with a passing rate of 48 per cent. It was followed by Ateneo de Naga with 35 per cent,

Thomasian Frances Amog, who graduated from the Commerce and Accountancy in 2004, posted an 84.14 per cent average and placed eighth.

The UST passing rate was a decline from the 59.70 per cent registered in May 2005, as only 41 of 86 Thomasians who took the exam passed.

Minerva Cruz, chair of the Alfredo M. Velayo College of Accountancy, said the relatively low passing rate had been expected.

“Our graduates usually take the October board exam. Those who take the May exams are the students who either missed the October batch or who failed the exams before,” Cruz said.

The national passing rate was 23.5 per cent as only 1,253 out of 5,318 examinees passed the exam. L. J. D. Postrado

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