OFFICIAL RESULTS: October 2018 CPA board exam list of passers

MANILA, Philippines – (Updated October 22) The Professional Regulation Commission (PRC) and the Board of Accountancy released results of October 2018 Certified Public Accountant (CPA) board exam on October 22, 2018 or in six (6) working days after the last day of exam. The complete list of passers, top 10 (topnotchers), top performing schools and performance of schools are available on this page as announced online.

More than 10,000 examinees tried to hurdle the licensure exam on October 6,7 and 13 in the cities of Manila, Baguio, Cagayan de Oro, Cebu, Davao, Iloilo, Legaspi, Lucena, Tacloban and Tuguegarao.

As announced, 3,616 out of 14,358 passed the exams.

The results of examination with respect to three (3) examinees were withheld pending final determination of their liabilities under the rules and regulations governing licensure examination.

The members of the Board of Accountancy who gave the licensure examination are Joel L. Tan-Torres, Chairman; Gloria T. Baysa, Samuel B. Padilla, Arlyn Juanita S. Villanueva, Thelma S. Ciudadano, Marko Romeo L. Fuentes and Gervacio I. Piator, Members.

CPA BOARD EXAM RELATED RESULTS

The 3-day examination covered the following subjects: auditing and management advisory services, taxation and regulatory framework for business transactions, financial accounting and reporting and advanced financial accounting and reporting.

NOTES: The Board of Accountancy has decided that the CPA Examinations shall cover the new and old provisions of certain laws and standards for the October 2018 CPA Licensure Examinations and thereafter. These include the Tax Reform for Acceleration and Inclusion or TRAIN Law, PFRS 9 on" "Financial instruments," and PFRS 15 on "Revenue from Contracts with Customers."

According to PRC Resolution No. 2017-1068, the target release of results of the recent CPA board exam is on Monday, October 22 or in six (6) working days after the exam.

In the October 2017 CPA exams, results were announced in ten (10) working days, delayed due to the cancellation of government office work. A total of 4,511 out of 14,816 (30.45%) passed the series of tests.

In the October 2016 exams, results were out in eight (8) working days. PRC named 5,249 out of 14,390 who passed the exams.

We advise takers to monitor announcement of results starting this week. Note that results may be released online ahead or beyond the schedule without prior notice.

Check out overview of CPA licensure exam in the past nine tests:

Exam Date	Total Examinees	Total Passers	Passing Rate	Days before results release
May 2018	9,830	2,843	28.92%	5
October 2017	14,816	4,511	30.45%	10
May 2017	9,645	3,389	35.14%	5
October 2016	14,390	5,249	36.48%	8
May 2016	6,925	2,967	42.84%	5
October 2015	13,317	5,468	41.06%	4
May 2015	5,959	2,132	35.78%	3
October 2014	11,137	4,123	37.02%	3
July 2014	5,540	1,107	19.98%	3

UPDATES

PRC Board News will update this page immediately once the results are out online. You may also monitor release of results on PRC's official website (prc.gov.ph).

OFFICIAL RESULTS: October 2018 CPA board exam list of passers

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