The Chairperson of the Public Accountants Examinations Board (PAEB), CPA Keto Nyapendi Kayemba has noted that female students are consistently performing better than the males in the Certified Public Accountants of Uganda (CPA-U) examinations.
While addressing the press at the release of examinations results for the August 2019 diet, CPA Kayemba informed the press that 54.3% of the students who passed their examinations were female while 45.7% were male.
“The female candidates are consistently outshining their male counterparts,” CPA Kayemba said. “80 candidates have completed the CPA(U) course and of these, 55% are female while 45% are male.”
The cumulative number of students who have completed the CPA(U) course since inception is 3,741.
The Public Accountants Examinations Board (PAEB) released the results for the August 2019 CPA-U examinations on 12 September 2019 at the Imperial Royale Hotel. The examinations were held from 19 – 23 August 2019 at the Kampala centre, for the CPA-U course only.
A total of 4,048 candidates attempted the examinations compared to 3,748 candidates in August, 2018. This implies an increase of 300 candidates, representing an 8% increment.
The average pass rate was 33.8% compared to 39.6% in August 2018, representing a 6 percentage point decrease. Business Management & Information Systems (Paper 5) had the highest pass rate – 90.7% while Management Decision & Control (Paper 11) had the lowest – 14.3%.
The President of ICPAU, CPA Frederick Kibbedi underscored the importance of the examinations process, as the gateway to the profession. “If you are going to come in, you must pass through this gate. We are very clear on how you are going to get through this gate. And we are very sure that those that have been allowed in as a result of their hard work and diligence, will keep up with the standards that we uphold as a profession,” said CPA Kibbedi.
Advanced Taxation (Paper 9) recorded the highest number of candidates – 612, while Economic Environment (Paper 3) recorded the lowest – 55.
The Board did not release the examinations results for Public Sector Accounting and Reporting – Paper 14, owing to an allegation that there was an examinations irregularity regarding the Paper.
“As an examinations Body for a professional accountancy qualification, we take any examinations matter very seriously. Any matter must be thoroughly investigated. Therefore, PAEB has taken the decision to withhold examinations results for this paper until investigations are completed,” CPA Kayemba said. The PAEB Chairperson reassured students that PAEB is working tirelessly to resolve the matter, within the shortest time possible.
The Public Accountants Examinations Board (PAEB) is the examinations board for ICPAU. The Board was established by an Act of Parliament, The Accountants Act, 2013, to oversee the management of the examinations for professional accountancy courses. ICPAU is the regulator for the accountancy profession in Uganda.