The College of Management, University of the Philippine Visayas, has once again affirmed its commitment to excellence as it registered a 95.24% overall passing percentage in the recently concluded Licensure Examination for Certified Public Accountants (LECPA). The LECPA was administered by the Professional Regulation Commission (PRC) on September 30, October 1 and 2, 2023, across various testing centers throughout the country.
The PRC announced that a total of 8,734 took the examination, while only 2,740 made it to the cut, recording a national passing percentage of 31.37%. The LECPA comprises six subjects: Auditing, Management Advisory Services, Taxation, Regulatory Framework for Business Transactions, Financial Accounting and Reporting, and Advanced Financial Accounting and Reporting. The results were released within four working days from the conclusion of the exam.
Ms. Kate Wenjie V. Basoy, a BS in Accountancy graduate (cum laude, Class of 2023), placed 7th in the exam with a rating of 89%. The College of Management carries a good track record in the LECPA, producing three board topnotchers over the last five years. This year, a total of 40 examinees from the College passed the examination.
Data from the PRC reveals that the LECPA remains one of the toughest licensure examinations in terms of passing percentage, with a national average of only about 22% over the past five years. (With data from the Professional Regulation Commission)
