For the third year in a row, Point Loma Nazarene University ranked among the top three California universities for the Certified Public Accounting (CPA) examination results as reported by the National Association of State Boards of Accountancy (NASBA).
Ivan Filby, Dean of the Fermanian School of Business explained, “These results are particularly satisfying because only PLNU and UCLA have placed in the top three each year for the last three years.
PLNU graduates ranked 2nd in both pass rate and average score in California for 2012. Forty-one PLNU candidates had a 67.5% pass rate and 76.8 average score. Pomona College (7 candidates) was first with 86.7% and 82.2 score. UCLA (494 candidates) finished third with 62.5% and 75.3 score.
Nationally, PLNU ranked 13th (top 5%) among Medium Programs for candidates taking the exam for the first time. NASBA classifies Universities by size of program based on number of candidates. There were 260 institutions in the Medium Program category (21 to 60 candidates).
Associate Professor of Accounting, Steve Cosentino, noted that “PLNU has exceptional accounting students that are sought after by the most prestigious national, statewide and local accounting firms.” This year for example, 50% of the graduating class have job offers from accounting firms in both tax and audit. Five of the 19 accounting graduates already have offers from the Big 4 firms.
Associate Professor Carl Hammond, faculty advisor for the Student Accounting Society, added “These results continue to be a testament to the dedication and hard work our alumni take into the business community. The PLNU accounting program does not “teach to the test”, rather we emphasize a rock-solid accounting foundation enhanced by personal values articulated throughout the PLNU liberal arts-based curriculum.”