Indiana University–Purdue University Fort Wayne’s (IPFW) Doermer School of Business and Management Sciences is proud to announce that students who took the Certified Public Accountant (CPA) Exam last year had the highest “All” passing percentage among state-supported schools when combining undergraduate and graduate programs in Indiana, with 48 percent. All other Indiana colleges and universities came in at 34 percent, with the national average being 31 percent. Results of the 2008 exams were recently released by the National Association of State Boards of Accountancy (NASBA).
The CPA exam is divided into four sections, auditing, financial accounting and reporting, regulation, and business environment and concepts. In this case, “All” refers to the individuals who passed all the parts of the exam that were taken, not necessarily all four sections of the exam. Because of the high number of individuals taking the test each year, NASBA announces the rankings once a year.
At a news conference on Wednesday, November 18, 2009, IPFW Chancellor Michael Wartell praised the Doermer School of Business and Management Sciences for preparing its students so well for the exam. "I am not at all amazed at our high rankings on the CPA exam; our students know how important it is to their careers to pass this very tough, comprehensive test and take great pride in doing well on it." Kathy Pollock, chair of the Department of Accounting and Finance said the high percentage reflects "...the hard work of our faculty to make sure our students understand what they’ve learned and how to apply that knowledge to the test."
Tom Cottrell, managing partner at the accounting firm of BKD and chair of the school’s Business Advisory Council, knows how important passing the CPA exam is to his business. "IPFW's program is strong, and as this recognition demonstrates, continues to grow stronger. These graduates will be productive contributors with strong earning potential, which benefits our community and region," said Cottrell.
According to its Web site, the "NASBA serves as a forum for the nation’s state boards of accountancy, which administer the Uniform CPA Examination, license over 600,000 certified public accountants, and regulate the practice of public accountancy in the United States."
For more information, contact Kathy Pollock at 260-481-5751.