- By Patrocinio G. Pudadera, Jr.
ABSTRACT
This study aimed to determine the academic and review schools performances and location of review schools as determinants the CPA board performance among accountancy graduates of Central Philippine University for school years 2000-2001 and 2001-2002. The study covers a total of 69 accountancy graduates of Central Philippine University for school years 2000-2001 and 2001-2002 who took the CPA Licensure examination. Of the 94 graduates who took the CPA board examination, only 69 of them responded, this this study is limited only to those 69 participants. Performances as measures by grades/ratings during undergraduate studies, formal review and in the CPA board examination were based solely on the participants’ responses. To describe the respondents’ performance in review school as well as in the CPA board examination and in accounting subjects taken in the undergraduate, mean and frequency distribution tables were generated. Pearson’s r was used to determine the extent of relationship between variables. Multiple regression analysis was used in the third level of analysis for predicting performance of respondents in CPA board examination. An alpha level of 0.05 was established as priori. CPU Accounting graduates who had high performance in the board related subjects also had high performance in the CPA board examination. CPA review school performance has bearing with the CPA board performance. Students who had high performance in the board-related subjects and review school have higher chances to pass the CPA board examination. Respondents who attended review school in Iloilo and Manila or in both places had the same performance in the CPA board examination. Board-related subject performance and review school performance are good predictors in the CPA board performance. Of the two predictors, board review performance is the strongest predictor of the CPA board performance. It is therefore recommended that students must take seriously their accounting subjects the very first time they stepped into the accountancy curriculum. Refresher courses that serve as preparation for the formal review and the CPA Board should not be taken for granted.