WFU Students Earn National Ranking on CPA Exam

Wake Forest University accounting students earned a second place national ranking for their performance on the Certified Public Accountant Exam and placed the highest among North Carolina schools.

The most recent rankings for the national CPA exam were released this summer by the National Association of State Boards of Accountancy (NASBA).

Of the 33 Wake Forest students who took the exam for the first time, 78.8 percent passed all four parts. Wake Forest, which offers a five-year program in the Calloway School of Business and Accountancy to earn a bachelor’s and master’s degree in accounting, was ranked among schools with advanced degree programs in accounting.

Other North Carolina schools offering advanced accounting degrees include Appalachian State University; East Carolina University; North Carolina State University; and the University of North Carolina institutions at Chapel Hill, Charlotte, Greensboro and Wilmington.

With 10 out of 11 students passing all four parts, George Washington University was ranked first with 90.9 percent passing rate.

Wake Forest and George Washington were both ranked first on two of the exam’s individual sections: “Financial Accounting & Reporter-Business Enterprises” and “Auditing.”

Wake Forest ranked first on the “Accounting & Reporting-Other Areas” section and second on the “Business Law & Professional Responsibilities” section.

The rankings are based on the May 1997 exam. Results from this exam are the most recent available from the NASBA, which compiles all national scores and releases the rankings.

Categories: Recognition, School of Business, Student