FRANCIS Matthew Obligacion, the valedictorian of the UST-Alfredo M. Velayo College of Accountancy’s Class of 2022, topped the October 2022 licensure examinations for certified public accountants (CPA) with a 91-percent score.
Obligacion is the second CPA board exam topnotcher produced by UST this year, following Jhoone Nacario, who topped the May 2022 exams.
Another UST alumnus, Marion Jasper Tagle, ranked fifth nationwide in the October exam after scoring 88.67 percent.
UST produced 269 new accountants, the most number by any school nationwide. This was an increase from the 73 new CPAs produced by the University in May.
The University’s passing rate improved to 63.90 percent, or 269 out of 421 examinees, from 41.24 percent, or 73 out of 177 examinees in the previous cycle.
No top-performing schools were announced since none had at least 50 passers and an 80-percent passing rate.
The national passing rate slightly increased to 25.84 percent (1,722 out of 6,665) from 22.28 percent (990 out of 4,442) in May.
The exams were conducted from Oct. 15 to 16. M.S. Orozco
