FACTORS AFFECTING THE PASSING RATE OF STUDENTS IN ISAP: A BASIS FOR REVIEW PROGRAM ENHANCEMENT

Abstract

In recent years, the Certified Public Accountant Licensure Examinations (CPALE) have become a fundamental measure of the performance of accountancy students and the quality of education provided by academic institutions. Despite its significance, there has been a concerning trend of declining passing rates, raising questions about the effectiveness of accounting programs. This study seeks to evaluate the factors influencing the passing rate of accountancy graduates at the International School of Asia and the Pacific (ISAP) and offer recommendations for developing the institution's review program. Employing a descriptive inferential research design, this study targeted CPALE takers who passed their board examination between 2016 and 2022. Data were collected through a validated researcher-made survey questionnaire distributed via Google Forms. The questionnaire assessed various factors including curriculum, teaching methods, preparedness, faculty qualifications, library services, administrative support, motivational factors, and home/family factors. Analysis of the data involved frequency count, percentage distribution, weighted mean, One-way ANOVA, and regression analysis. Findings reveals that curriculum implementation, teaching methods, and preparedness were generally satisfactory. Based on the result of the study, the factors contributing to students' success in passing the CPA Licensure Exam at ISAP is evident that the curriculum is effectively implemented. However, there is room for improvement in teaching methods to enhance learning outcomes. While students generally feel adequately prepared for the exam, there is potential for further enhancement in their readiness. Although faculty qualifications are recognized, continual improvement is necessary to meet evolving academic standards. The provision of library resources is appreciated by students. While administrative support is consistently available, there is an opportunity to offer more comprehensive assistance. Family support plays a significant role in students' achievements. Lastly, students' motivation to excel is a critical determinant of their success. The recommendations proposed in the study aim to address these factors and enhance ISAP's review program. By continuously evaluating and improving upon these areas, ISAP can better equip its students for success in the CPALE and their future careers in accountancy. Ultimately, the study underscores the importance of ongoing evaluation and improvement efforts in ensuring the continued success of ISAP's graduates.