2201 Pass the First CPA Exam This Year

[Asia Economy Reporter Koh Hyung-kwang] This year, 2,201 candidates passed the first round of the Certified Public Accountant (CPA) exam.

The Financial Supervisory Service announced on the 27th that out of 9,054 candidates who took the 55th CPA first exam this year, 2,201 passed.

Among candidates who scored at least 60% on average without failing any subject, those with the highest scores were selected as passers at twice the minimum number of 1,100 candidates planned for the second exam. All candidates tied at the lowest passing score were also accepted.

This year’s minimum passing score (cutoff) was a total of 383.5 points (out of 550), with an average of 69.7 points, which increased by 15.0 points (an average of 2.7 points) compared to last year.

The overall average score of all candidates was 53.4 points, up 1.5 points from the previous year. Among the passers, those in their late 20s (ages 25?29) accounted for the largest share at 55.6%, followed by ages 20?24 (33.1%) and 30?34 (9.4%).

By gender, males accounted for 69.9% and females 30.1%. By education level, 64.5% of the passers were university students, and by major, 77.8% were from business-related fields.

The expected number of candidates for the second exam this year is 3,519. This includes those who passed this year’s first exam and those who passed last year’s first exam and deferred the second exam for one year. The competition rate is expected to be 3.2 to 1.

The second exam will be held on June 27?28, and the final results are scheduled to be announced on August 28.

This content was produced with the assistance of AI translation services.