Truman Ranks Second in the Nation on CPA Exam

According to a recently released report by the National Association of State Boards of Accountancy, Truman State University’s Master of Accountancy students ranked second in the nation for the percentage of students passing all four parts of the May 2003 Certified Public Accountant exam on the first attempt. Truman students earned the fourth spot in the nation on the May 2002 exam.

Fifty-three percent of the Truman students passed all four parts on the first attempt, compared to the national average of 20 percent. On the individual exams, Truman students ranked first in the nation on the accounting and reporting exam, second in the nation on the auditing exam, and sixth in the nation on the financial accounting and reporting and the business law and professional responsibilities exams. Missouri was named one of 18 honor roll states. This designation is reserved for states whose candidates achieved passing grades in every subject area at a rate higher than the national average.

One Truman student earned the bronze medal for the third highest score in the state of Missouri. Four of the top 10 scores in Missouri were earned by Truman students.

Truman students have consistently scored well on the CPA exam. During the last five years, Truman has had the highest percentage pass rate in Missouri among students with advanced degrees. Sixty-two percent of Truman students that took the CPA exam between 1999 and 2003 passed all four parts on their first attempt. This is compared with a pass rate of 41 percent at Washington University and a 40 percent pass rate for the University of Missouri-Columbia.

Truman is one of only 165 business schools in the world accredited in both business and accounting by The Association to Advance Collegiate Schools of Business (AACSB International), the premier accrediting agency for business schools.