Education
40.7% pass CPA examsPublish Date: Jan 08, 2014
40.7% pass CPA exams
  • mail
  • img
newvision

By Billy Rwothungeyo

The Public Accountants Examinations Board (PAEB) has released results of the November 2013 examinations which show an improvement in the pass rate of the Certified Public Accountants of Uganda course.


“There were 4,606 candidates in November 2013 examinations, compared to 4,257 candidates in June 2013. The overall pass rate was 46.5% compared to 40.7% in June 2013,” said Uthman Manyanja, the chairperson of PAEB at a news conference recently.

Arinaitwe Joan and Elongar John Francis were the best students in the professional accounting course.

For the accounting technicians’ certificate of Uganda-ATC (U), 450 candidates sat for the November exams as compared to 479 in June.

The overall pass rate was 57%.9 compared to 51% in June 2013. Cumulatively, 1,490 have completed the course since it was established in 2001.

Some of the students who excelled in these exams were Ssendawula John in Principles of Accounting 1, Wandera Muniru in Principles of Law 1, Kyomuhendo Christine in commercial environment, Nabayinda Sylvia in Principles of accounting 2, Nyamwiza Juliet in Priciples of Law 2 among others.

For the first time in the institute’s history, exams were conducted in six centres; Arua, Fort Portal, Gulu, Kampala, Mbale and Mbarara in an effort to make sure that aspiring professional accountants upcountry have access to examinations.

ICPAU has two examinations sittings in a year; in June and November, for the Certified Public Accountants (CPA) and Accounting Technicians Certificate (ATC) courses.

Uganda has seen a rise in the number of professional accountants over the years. Small and Medium Enterprises, the engine of economic growth will then be largely supported by this rise.

Poor book keeping is one of the challenges that hold back the growth of SMEs in the country.

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Makerere students demand fees increment review
The students have presented a petition to the university council requesting them to revisit the 10% fees increment....
The Norwegian government has asked the Ugandan Government to take over the community schools it helped improve and urged the community to make use of the schools....
Nabisunsa students honour Mandela on 96th birthday
A group of students from Nabisunsa Girls School celebrated the 96th birthday of fallen anti-apartheid hero Nelson Mandela at Namboole Stadium on Friday....
Students contribute sh10m to church projects
Students of St. Marys Secondary School, Kitende have contributed sh10m to support the community and church projects of Katimba Parish in Ssembabule district....
Avoid unhealthy competition, PM tells universities
Public and private universities should collaborate to boost Uganda’s human resources capacity instead of focusing on competition, PM Amama Mbabazi has advised....
Tororo College expels 33 students over strike
As many as 33 students of St Peter’s College Tororo have been expelled after they secretly planned to burn down the school....
With the recent increase of the HIV prevelance rate, Is Uganda losing the fight against the disease?
Yes
No
Can't Say
follow us
subscribe to our news letter