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APSU grads tops in passing CPA exam

May 14, 2001

The performance of Austin Peay graduates on the 1999 Certified Public Accountant (CPA) exam was the highest of all Tennessee Board of Regents colleges and universities, as well as all Tennessee private colleges.

The comparison is for first-time candidates without advanced degrees. APSU's pass rate was 23.5 percent.

Lawrence Baggett, chair of the accounting department, said "Only UT-Chattanooga kept us from showing the best performance in the state--by .7 percent.

The national pass rate for first-time candidates without advanced degrees was 21.9 percent.

Baggett says that while success on the CPA exam is a personal accomplishment that depends mostly on the individual effort of the candidate, it is also a reflection of the university from which they receive training.

"Our students couldn't be successful without the quality program of student in accounting they complete here."