The Institute of Certified Public Accountants of Uganda (ICPAU) has released the August 2024 examination results, citing a notable increase in completion rates.
While releasing the results at Skyz Hotel in Naguru on Monday September 16, CPA Prof Laura Aseru Orobia, the Public Accountants Examinations Board (PAEB) Chairperson, said for the year 2024, PAEB scheduled three (3) examinations diets; that is May, August and December.
“We released the results for the first diet (May) in June, and today, we are releasing the results for the second diet (August),” she stated.
Prof Orobia noted with concern the poor performance in some subjects in these August 2024 examinations, saying the students had not prepared well.
The average pass rate was 31.0% compared to 32.9% for the August 2023 diet, implying a slight decline from the August 2023 diet.
A total of 4,401 candidates sat the August 2024 examinations, 2,438 (or 55.5%) were female and 1,963 (or 44.6%) were male.
They presented a total of 6,121 scripts out of which, 3,312 (or 54.1%) were by female candidates and 2,809 (or 45.9%) were by male candidates.
In terms to registered passes, 1,896 of the total 6,121 scripts registered passes. This represents an overall pass rate of 31.0%.
A further analysis of the gender distribution shows that 1,065 of the 3,312 scripts presented by female candidates registered passes representing a pass rate of 32.2% for female candidates.
Likewise, 831 of the 2,809 scripts presented by male candidates registered passes representing a pass rate of 29.6% for male candidates.
“We went ahead to establish the registered passes in terms of those attempting the papers for the very first time. The results show that 800 of the 1,896 scripts that registered passes (or 42.2%) were presented by candidates attempting their papers for the first time. This demystifies the concern that CPA papers cannot be passed on the first attempt,” said Prof Orobia.
In terms of age, 295 (15.6%) of the passes were scored by candidates in the age bracket of 18—24 years, 750 (39.6%) by candidates in the age bracket of 25—29 years, and 551 (29.1%) by candidates in the age bracket of 30—34 years.
The remaining 300 (15.8%) of the passes were scored by candidates above 34 years of age.
“This time round, the male candidates took up most of the top positions in the various papers. Specifically, nine (9) (42.9%) of the 21 top positions were taken by female candidates and the remaining twelve (12) (57.1%) were taken by male candidates,” Prof Orobia further remarked.
She added: “With regards to the completion rate, we registered an increase of 24 compared to the August 2023 diet. Specifically, 80 students completed the CPA course compared to 64 in the August 2023 examinations. Of the 80 students who completed the course 37 (46.3%) are female and 43 (53.7%) are male.
The cumulative number of students who have completed the CPA course has now reached 5,131.”
