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CPA Exam Pass Rates [UPDATED for 2024]

CPA Exam Pass Rates [UPDATED for 2024]

Learn about the recent trends in CPA exam pass rates and what you need to know!

CPA Exam Pass Rates

The AICPA releases the pass rates for each section of the CPA exam on a quarterly basis. The pass rates are typically released two or three weeks after each quarter end. Universal CPA Review quickly processes and shares the latest CPA pass rate information with a breakdown of the trends. 

Should a CPA candidate care about the latest trends in the pass rate? To an extent, yes. The trends by section can be compared to the latest CPA exam changes to understand the impact on exam performance. Universal CPA Review uses this information, along with student feedback, to ensure that the material in the course is best aligned with what a CPA candidate will be tested on.

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Is The 2024 CPA Exam Harder?

The CPA Exam is still the CPA Exam, and it is never going to be “easy”.  Just because there are now technically six CPA Exams that you can take as you still only need to pass four CPA Exam sections to obtain your CPA license. In fact, our experts predict that the CPA Exam pass rates will go up! 

Check out why we think the CPA Exam is now easier!

CPA Exam Pass Rates

The AICPA releases the pass rates for each section of the CPA exam on a quarterly basis. The pass rates are typically released two or three weeks after each quarter end. Universal CPA Review quickly processes and shares the latest CPA pass rate information with a breakdown of the trends. 

Should a CPA candidate care about the latest trends in the pass rate? To an extent, yes. The trends by section can be compared to the latest CPA exam changes to understand the impact on exam performance. Universal CPA Review uses this information, along with student feedback, to ensure that the material in the course is best aligned with what a CPA candidate will be tested on.

AICPA 2024 CPA Exam Pass Rate

Core CPA Exam Pass Rates (2024)

Exam Section First Quarter Second Quarter Third Quarter Fourth Quarter Cumulative
AUD
44.63%
44.63%
FAR
41.92%
41.92%
REG
63.42%
63.42%

AUD: AUD CPA Exam candidates saw a ~4.7% decrease in Q1’24 from their cumulative performance in 2023.  The Audit 2024 CPA Exam format is the most similar section from prior years as the majority of its content has stayed in tact. The AUD CPA Exam section remains extremely conceptual and is the only section that comes with some subjectivity in its answer choices. 

There can be many reasons for the decrease in AUD CPA Exam scores in Q1 of 2024. The most obvious reason is likely the changes made to the new CPA Exam testing windows. CPA Exam candidates are likely struggling to find a groove and find the right approach heading into their exam studies this year. If you failed the AUD CPA Exam section in Q1 of 2024, we highly recommend finding the best CPA review course that allows you to truly grasp the flow of the audit engagement. 

FAR: FAR CPA Exam candidates saw their scores increase slightly in the first quarter’s score release of 2024 from their cumulative performance of 42.12% in 2023. Overall the FAR CPA Exam content tested in 2024 is less voluminous from years past. Much of the most challenging FAR CPA Exam content has been removed from this core CPA Exam section and has been shifted over to the new BAR discipline section.  Stay tuned, as we still believe that it is only a matter of time before FAR CPA Exam scores go up. 

REG: Finally, the REG CPA exam saw its scores increase by roughly 6% in Q1, 2024.  REG scores will likely remain higher as this was another core CPA Exam section that has seen much of its content shifted over to its new discipline subject matter, TCP. While the REG section remains tax-heavy, it’s important to find a CPA review course that breaks this down into a bite-sized digestible format. 

Discipline CPA Exam Pass Rates (2024)

Exam Section First Quarter Second Quarter Third Quarter Fourth Quarter Cumulative
BAR
42.94%
42.94%
ISC
50.93%
50.93%
TCP
82.36%
82.36%

BAR: BAR saw the lowest CPA Exam scores in the first quarter of 2024. While this exam is most similar to the FAR section as it covers many advanced financial reporting topics, this section also incorporates many managerial accounting topics as well. This is a math-heavy exam, which will definitely make it one of the more challenging discipline sections to attack.  

ISC: ISC experienced around a 51% CPA Exam pass rate in Q1 of 2024. This is certainly the most unique discipline out of the three, and has the fewest concepts that pertain to the Audit Core CPA Exam section that prefaces it. This section had the fewest CPA Exam candidates take the exam in Q1 of 2024, so it is still too early to accurately determine what the future pass rates for this discipline section will be. 

TCP:  The TCP CPA Exam section had the most lop sided scores out of any CPA Exam section taken. With a whopping 82.36% pass rate in the first quarter of 2024, it’s safe to assume that the jury is still out on what these actual CPA Exam pass rates will be. 

Q1, 2024 CPA Exam Score Conclusion

It is still way too early to determine what the CPA Exam parr rates will be in the new CPA Evolution format. The reality is that very few CPA Exam candidates took the exams in Q1 of 2024, and an unprecedentedly low amount of CPA Exam candidates sat for any of the discipline sections. Bottom line is that it is still way too early to determine what the true CPA Exam pass rates will be for not only 2024 but also in years thereafter. 

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AICPA 2023 CPA Exam Pass Rate

Observations by Universal CPA Review (2023)

Exam Section First Quarter Second Quarter Third Quarter Fourth Quarter Cumulative
AUD
47.01%
48.24%
45.64%
46.41%
46.75%
BEC
56.98%
59.16%
54.90%
38.17%
47.44%
FAR
41.82%
42.78%
44.08%
39.36%
42.12%
REG
58.63%
59.71%
59.13%
54.68%
57.82%

AUD: AUD decreased ~2.5% from Q2’23 to Q3’23, which puts the YTD’23 average of 46.92% which is lower than the the 2022 average of 48.16%. AUD will continue to be a tricky exam do to the conceptual nature and difficult wording of MCQs and simulations. As you work through AUD, think about how you would explain the purpose of certain audit procedures to your audit client or audit partner. This will force you to think about the key risks in an engagement and how your audit procedures contribute to the overall audit. Overall, the AUD CPA exam section is the section that will have the least amount of changes, with the exception of some additional content related to data analytics.

BEC: BEC decreased from 59.68% to 56.2%, which continues the trend of a cumulative score of less than 60% In 2024 the BEC CPA exam section is gone! The vast majority of the BEC section has been shifted over to the new BAR discipline section. Check out our 2024 CPA Evolution page to learn more about what to expect on the BAR section! The written portion of these simulations can also be tricky. The written portion of these simulations can also be tricky. You can use additional resources such as write my paper for me to practice. 

FAR: FAR experienced another drop in scores in 2023, bringing the cumulative average down from 44.93% to just 42.94%. CPA candidates should be excited to learn that the 2024 CPA evolution format makes the FAR CPA exam significantly easier. 

REG: To round it out, the REG CPA exam scores also slightly dropped from 61.10% to 59.19%. Similar to FAR the REG section will also be much more digestible in 2024. The majority of the most challenging REG concepts have now been moved over to the TCP exam. 

2022 Cumulative Pass Rate Comparison

When comparing the cumulative CPA exam pass rate data by section for 2022 to 2020, we see a decline across each section. BEC experienced the largest decline, with AUD also declining significantly. However, the AICPA commented that 2020 was an unusual year due to COVID and a smaller sample size of candidate data.

When we compare 2022 to 2021, the changes are minimal. We see a slight decrease for AUD and BEC, and a slight increase for FAR and REG (albeit minimal).

With actual pass rate data through Q3’22, we expect the 2022 average to relatively unchanged once the Q4’22 data is released in January 2023.

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2022 Cumulative Pass Rate Comparison

When comparing the cumulative CPA exam pass rate data by section for 2022 to 2020, we see a decline across each section. BEC experienced the largest decline, with AUD also declining significantly. However, the AICPA commented that 2020 was an unusual year due to COVID and a smaller sample size of candidate data.

When we compare 2022 to 2021, the changes are minimal. We see a slight decrease for AUD and BEC, and a slight increase for FAR and REG (albeit minimal).

With actual pass rate data through Q3’22, we expect the 2022 average to relatively unchanged once the Q4’22 data is released in January 2023.

How does this impact candidates?

As a candidate, take note of the pass rate information, but use it to fuel your internal motivation to be one of the candidates that passes the exam. If you put in the time and effort, you will get this done! If you are looking for a different way to study for the CPA exam, give Universal CPA Review a try. Universal CPA Review is the only full review course that combines visual learning + video explanations for every question. This approach helps you learn a step-by-step approach that you can use on exam day when you are feeling the pressure!

Get started with our detailed CPA exam study guides by section. You will learn about the format and structure of each section, test taking strategies, and specific topics to focus on. The study guide for each CPA exam section is frequently updated to reflect the most recent trends.

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BAR CPA Exam

Icon that reflects the BAR CPA Exam discipline section

ISC CPA Exam

Icon illustrating the ISC section of the CPA Exam.

TCP CPA Exam

TCP cpa exam study materials

CPA Exam Pass Rates By Age

CPA candidates have historically scored higher than those who are older. While every CPA exam candidate is different, there are a few reasons that this could be the case. For one, younger candidates have more recently graduated from their universities and the academic side of accounting is fresher. Thus, it might be more challenging for older candidates to get back in the mindset of studying when they haven’t sat down and opened a textbook in decades.

Now, if you are an older CPA candidate and you’re wondering if pursuing this designation is really worth it, remember that there is a path to success. Universal CPA Review’s visual learning approach has been known to simplify the most challenging topics covered within the AICPA blueprint. Having a visual-heavy CPA review course will definitely allow you to better grasp the materials and understand the intuition behind the topics that you haven’t seen in years!

Comparing 2022 CPA Exam Pass Rates with Recent Years

The 2021 CPA exam pass rates are very similar to the 2022 rates. It does however seem as though CPA exam pass rates are going up from a year ago.

The Covid-19 pandemic was in full swing in 2020, making it very tough for the AICPA and NASBA to accurately reflect CPA exam candidate data. The reported scores in 2020 were some of the highest in exam history. With that being said, the sample set of total candidates was much lower.

AICPA 2021 CPA Exam Pass Rate Data​

Exam Section First Quarter Second Quarter Third Quarter Fourth Quarter Cumulative
AUD
48.56%
50.49%
47.21%
45.04%
47.98%
BEC
62.16%
63.31%
61.73%
60.27%
61.94%
FAR
46.64%
42.63%
47.83%
40.70%
44.54%
REG
59.29%
58.81%
63.12%
57.78%
59.88%

AICPA 2020 CPA Exam Pass Rate Data

Exam Section First Quarter Second Quarter Third Quarter Fourth Quarter Cumulative
AUD
47.97%
65.29%
56.89%
47.50%
52.84%
BEC
61.76%
76.92%
69.89%
60.77%
65.56%
FAR
46.37%
62.86%
55.67%
43.53%
49.98%
REG
55.42%
74.97%
66.12%
58.00%
62.29%

CPA Exam Historical Pass Rates [2016 to 2019]

We have provided the CPA exam pass rate information for historical periods of 2015 to 2019 below. While this information is helpful to review, we do not believe it is indicative of current trends in pass rates. There are frequent changes to the CPA exam and any CPA exam pass rate data that has aged more than 3 years becomes less predictive of future trends. 

AICPA 2019 CPA Exam Pass Rate Data​

Exam Section First Quarter Second Quarter Third Quarter Fourth Quarter Cumulative
AUD
48.56%
55.11%
51.94%
47.88%
51.01%
BEC
58.00%
59.74%
63.04%
58.61%
59.98%
FAR
44.43%
49.37%
50.29%
40.57%
46.31%
REG
50.23%
58.66%
58.41%
55.89%
56.34%

AICPA 2018 CPA Exam Pass Rate Data​

Exam Section First Quarter Second Quarter Third Quarter Fourth Quarter Cumulative
AUD
49.27%
54.70%
51.07%
48.54%
50.97%
BEC
56.43%
60.31%
60.17%
60.13%
59.35%
FAR
41.59%
49.17%
48.85%
44.57%
46.22%
REG
49.99%
55.75%
56.55%
50.22%
53.16%

AICPA 2017 CPA Exam Pass Rate Data​

Exam Section First Quarter Second Quarter Third Quarter Fourth Quarter Cumulative
AUD
43.47%
52.00%
52.15%
47.69%
48.59%
BEC
50.39%
55.09%
55.35%
55.33%
52.99%
FAR
43.14%
43.76%
47.58%
42.50%
44.42%
REG
46.10%
48.32%
49.31%
45.89%
47.24%

AICPA 2016 CPA Exam Pass Rate Data

Exam Section First Quarter Second Quarter Third Quarter Fourth Quarter Cumulative
AUD
44.87%
48.70%
45.30%
44.41%
45.86%
BEC
55.40%
56.33%
57.55%
52.87%
55.41%
FAR
44.74%
45.61%
48.07%
43.24%
45.55%
REG
47.55%
49.98%
50.19%
45.93%
48.45%

Frequently Asked Questions on CPA Exam Pass Rates

Based on recent CPA exam pass rates, there has been a decline in the pass rate over the last 5 years. However, that is due to the fact that the CPA exam is changing but the way the material is taught by most CPA review course providers has not changed. Universal CPA Review utilizes modern day teaching methods to help you better understand the information. Start  a free trial today and you will see why!

The pass rate for each section tends to be the highest in Q2 and Q3 of each year. We attribute this to the fact that recent college graduates are studying for the exam full-time and won’t be starting their full-time job until Q3. The pass rates for Q1 and Q4 tend to be the lowest as most CPA candidates are working full-time.

Therefore, you should sit in Q1 or Q4 so you don’t have to go up against all of the CPA candidates who are studying full-time!

The cumulative CPA exam pass rates by section for 2021 were as follows:

AUD = 47.98%

BEC = 61.94%

FAR = 44.54%

REG = 59.88%

While we can’t predict the future, we don’t have any reason to expect any significant changes to the CPA exam pass rate in 2023. The Universal CPA Review team will continue to monitor the trends and provide the most up-to-date CPA review materials for you!

Over the last three years, BEC has the highest pass rate at 60%+!

Over the last three years, the FAR CPA exam has the lowest pass rate with an average of 47%. 

FAR has a pass rate that fluctuates between 44% and 47%. We don’t anticipate any major changes to the FAR pass rate in future periods. 

 

 has a pass rate that averages ~50% over recent periods. We don’t expect any major changes to the AUD pass rate in future periods.

BEC has a pass rate that averages ~60% over recent periods. We don’t expect any major changes to the BEC pass rate in future periods.

 

 has a pass rate that averages ~60% over recent periods. We don’t expect any major changes to the REG pass rate in future periods.

While 2024 CPA Exam scores are still being processed, it is still too early to know the highest pass rates for the new CPA discipline sections.


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