Accelerated vs. traditional accounting education and CPA exam performance. (September 2018)

• Record Type: Journal Article
• Authors: Eames, Michael; Luttman, Suzanne; Parker, Susan
• Is Part Of: Journal of accounting education. Volume 44(2018)
• Page Start: 1
• Page End: 13
• Publication Date: 2018-09
• Subjects: CPA exam performance -- Accelerated education; Accounting -- Study and teaching -- Periodicals; Accounting -- Study and teaching -- United States -- Periodicals; Comptabilité -- Étude et enseignement -- Périodiques; Comptabilité -- États-Unis -- Étude et enseignement -- Périodiques; 657.0711
• DOI: 10.1016/j.jaccedu.2018.04.004
• Languages: English
• ISSNs: 0748-5751

Abstract

Highlights: We compare CPA exam performance between accelerated and traditional accounting program alumni. The alumni were similar in attempting and performance on the CPA exam. Accounting GPA strongly associates with CPA exam performance. An employer-provided passing bonus was not associated with CPA exam performance. Public accounting work experience was not associated with CPA exam performance. Abstract: Recent trends suggest a decline in the number of individuals attempting the Certified Public Accountant (CPA) exam. Our institution has responded to the need for additional professionals by creating accelerated accounting certificate programs. We find no significant difference between alumni from our traditional and accelerated programs in terms of attempting the CPA exam. Limiting comparisons to those who have attempted the exam, we obtain no significant differences between alumni from the programs in terms of passing the exam and the number of attempts required to pass. We further find that the accelerated program alumni take less time after program completion to pass the exam. This study contributes to our understanding of the comparative efficacy of accelerated accounting education. Our results suggest that well-designed accelerated accounting programs can provide a useful means for increasing the supply of well-qualified entry-level accountants and increase opportunities for students seeking a career in accounting.