CPA statistical relationship to the actual board (Tamayo, Gevera

Topic: BusinessComparative Analysis
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Last updated: December 24, 2019

CPA Licensure ExaminationCPA Licensure Examination is clearly viewed as one of thehardest professional examinations in the Philippines.

To pass the saidexamination prescribed by the Professional Regulation Commission (PRC) theapplicant must always possess positivism (Abrugar, 2011). The examination generally covers seven subjects asprovided in the Revised Philippine Accountancy Law of 2004. Thus, theapplicants must master the concepts in Theory of Accounts, Management Services,Business Law and Taxation, Auditing Problems, Auditing Theory, PracticalAccounting P1, and Practical Accounting P2. However, the coverage of theexamination is not absolute, it is relative as the subjects may subject to someimprovements or may be excluded in the examination only if the authorities havevalid reason to do so (Tolentino, 2015). The licensure examination for CPA is being administeredby Professional Regulation Commission (PRC) given by Board of Accountancy(BOA).

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Philippine Regulation Commission (PRC) is the only agency empowered bylaw to ensure quality implementation of licensing future professionals throughenforcing policies and regulations in accordance with Republic Act 8981. Republic Act 9298 or the Philippine Accountancy Act of2004 is the regulating law for Certified Public Accountants. An applicant isdeemed to have passed the board examination if he met the requirements ofSection 16 of RA 9298 (Villamin, 2015).Relationship of Mock BoardExamination to CPA Licensure ExaminationMock Board Examination as an introductory to Actual BoardExamination is strongly significant to increase a student’s probability forsuccess on the said test (Jessee, 2002). But the result of his study concludedthat there is no statistically significant relationship between mock board andactual board. Thus, he pointed that strict regulations and requirements should behighly maintained by different institutions upon imposing the mock board toensure quality outcomes.

However, a lot of studies proved out that mock board andactual board has significant relationship. As in the study conducted in theyear 2014, it was concluded that pre-review or mock board and the GPA have highstatistical relationship to the actual board (Tamayo, Gevera & Aguilar,2014). Moreover, their study showed relationship of subject clusters in mockboard to actual board. Using the simulation model, the result noted thatperformance in mock board to the field of auditing, management and services,and business law and taxation have the strongest influence to the actual boardperformance while theory of accounts has no correlation to actual board.On the other hand, other researchers said there arefactors affecting the performance in the CPA board examination. These areintrinsic and extrinsic factors, the support of family members, and theconfidence to take the exam (Sagarino & Corpuz, 2011).

Engaging into mockboard can enhance the confidence and potential of the students, as it canmotivate them to study effectively and help them pass the actual exam. As aresult, mock board is one of the methods to enhance one’s capabilities (Dadian,Guerink & Olney, 2002).Thus, it is recommended that rapid assessment ofstudent’s learnings must be observed to enhance the performance of the students(Ballado, 2014).

In addition, a study was conducted using the multipleregression analysis using Statistical Package for Social Sciences (SPSS) showedthat performance in CPA board exam is dependent on students’ performance inmock board (Dimaculangan & Tun, 2016). 

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