CPA Exam Pass Rates 2024 : Section Wise, University Wise, Country wise Data

CPA Exam Pass Rates by Section (2024 Q1)

Section	Q1 2024	Cumulative 2024
AUD	44.63%	44.63%
FAR	41.92%	41.92%
REG	63.42%	63.42%
BAR	42.94%	42.94%
ISC	50.93%	50.93%
TCP	82.36%	82.36%

Summary of Key Takeaways (2024 Q1)

Key Takeaway	Value
Highest pass rate section (Q1 2024)	TCP (82.36%)
Lowest pass rate section (Q1 2024)	FAR (41.92%)
Average CPA Exam pass rate (Q1 2024)	Varies by section, with a noticeable range

CPA Exam Pass Rates by Section (2023)

Section	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Cumulative 2023
AUD	47.01%	48.24%	45.64%	46.41%	46.92%
BEC	56.98%	59.16%	54.90%	38.17%	56.52%
FAR	41.82%	42.78%	44.08%	39.36%	42.94%
REG	58.63%	59.71%	59.13%	54.68%	59.19%

Summary of Key Takeaways (2023)

Key Takeaway	Value
Average CPA Exam pass rate	Around 50%
2023 pass rates range	43-59%
Highest pass rate section (2023)	BEC (56.52%)
Lowest pass rate section (2023)	FAR (42.94%)

 

Historical CPA Exam Pass Rates

Year	Pass Rate (%)
2010	48.3
2011	45.5
2012	45.9
2013	49.4
2014	49.5
2015	49.8
2016	48.7
2017	52.9
2018	52.5
2019	52.1
2020	55.4
2021	57.4
2022	55.0
2023	50.8

International CPA Exam Pass Rates by Country (2018)

Country	# of Candidates	Average Score	Pass Rate (%)
India	1378	67.8	41.7%
China	1283	69.6	50.5%
Republic of South Korea	988	69.9	48.3%
Japan	185	69.1	43.1%
Lebanon	186	75.8	69.8%
Jordan	175	68.8	42.4%
Bahamas	134	65.9	28%
Jamaica	119	65	26.5%
United Arab Emirates	296	68.7	46%
Canada	327	70.6	51.8%

 Top Performing Institutions by Pass Rate

Rank	Institution	Pass Rate (%)	Average Score	Re-Exam Ratio (%)
1	Vanderbilt University	75.6	79.2	25.4
2	University of Georgia	75.4	78.9	26.1
3	Washington University St. Louis	75.0	78.5	27.0
4	Furman University	72.9	77.3	28.5
5	Covenant College	72.5	77.0	29.1
6	University of Missouri-Columbia	72.0	76.8	29.5
7	Rhodes College	71.8	76.5	30.0
8	Southern Methodist University	71.5	76.3	30.4
9	University of Arkansas	71.2	76.0	30.8
10	University of South Carolina-Columbia	70.9	75.7	31.2

Top Performing States by Pass Rate

Rank	State	Pass Rate (%)
1	South Carolina	68.2
2	Georgia	67.5
3	Missouri	66.8
4	Tennessee	65.4
5	Alabama	64.7
6	Arkansas	64.2
7	Mississippi	63.8
8	Kentucky	63.5
9	Louisiana	63.2
10	Oklahoma	62.9

Average Scores of Top Institutions

Rank	Institution	Average Score
1	Vanderbilt University	79.2
2	University of Georgia	78.9
3	Washington University St. Louis	78.5
4	Furman University	77.3
5	Covenant College	77.0
6	University of Missouri-Columbia	76.8
7	Rhodes College	76.5
8	Southern Methodist University	76.3
9	University of Arkansas	76.0
10	University of South Carolina-Columbia	75.7

Pass Rates of Public vs Private Institutions

Institution Type	Number of Institutions	Average Pass Rate (%)
Public	113	63.5
Private	100	61.2

Number of Candidates by State

State	Number of Candidates
Alabama	4,567
Arkansas	3,245
Georgia	5,982
Kansas	2,784
Kentucky	3,120
Louisiana	4,230
Mississippi	2,110
Missouri	5,610
Oklahoma	3,425
South Carolina	4,890
Tennessee	5,320

Source of Data: National Association of State Boards of Accountancy (NASBA)