During a blended ceremony that was held today, Wednesday, January 19, 2021, the Public Accountants Examinations Board of the Institute of Certified Public Accountants of Uganda (ICPAU) officially released the December 2021 examination results.
The ceremony was headlined by Geoffrey Byamugisha, the Chairperson of the Public Accountants Examinations Board. Also present was ICPAU CEO Derrick Nkajja who officially released the exams after Byamugisha’s announcement.
According to statistics, a total of 4,162 sat for the examinations compared to 4,453 who attempted the December 2020 exams.
The examinations were conducted for a period of five days from October 4 – 8 at seven examinations centres in Kampala, Gulu, Nkozi, Arua, Fort Portal, Mbale, and Mbarara. A total of 126 candidates sat for Accounting Technicians Diploma examinations compared to 140 in October 2021 and 151 in December 2020.
Out of the 131 papers passed, the pass rate for female candidates is 60.3% (79) while male candidates stand at 39.7% (52). Additionally, 79 (60.3%) of the papers passed were on first attempt.
While addressing the press on Wednesday, Byamugisha attributed the reduction in candidates’ number to the COVID-19 pandemic. The pandemic affected the institute’s operations, according to Byamugisha.
“We have been operating under unprecedented times due to the COVID-19 pandemic. The disruptions experienced have had an effect on our operations and preparedness of students. Now that restrictions have been eased, the students should gear themselves for 2022,” Byamugisha told the press.
In a bid to have a more organized 2022, the board has resolved to conduct four examinations diet in March, June, September and December. The move is expected to provide more opportunities and flexibility to future accountants.
“The board has planned to conduct four examinations diet; March, June, September and December. This provides immense opportunity and flexibility on the part of the candidates. Students are advised to take advantage of this arrangement,” Byamugisha revealed.
More statistics indicate that 62 candidates sat for the certified tax advisor examinations, compared to 72 candidates in October 2021 and 58 in December 2020. The average pass rate decreased to 26.6% as compared to 54.6% in October 2021 and 41.2% in December 2020.
Byamugisha further commented on the poor performance in some computational and core subjects before advising students to always prepare well for the exams.
“The Board notes with concern the poor performance in some computational and core subjects; Quantitative Techniques, Cost & Management Accounting, Advanced Taxation, Financial Management, Management Decision & Control and Auditing & Other Assurance Services,” He said.
In Certified Public Accountants of Uganda (CPA) examinations, 3,974 candidates sat for the paper compared to 4,026 in October 2021 and 4,244 in December 2020. Out of the 2,149 papers passed, 1,142 (53.1%) are female candidates while 1,007 (46.9%) males.
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